Novient and ILOG to Deliver Optimization Technology to the Services Industry.Business Editors/High Tech Writers ATLANTA--(BUSINESS WIRE)--July 2, 2001 SPO SPO System(s) Program Office SPO System(s) Project Office Spo Schizosaccharomyces Pombe SPO Srpski Pokret Obnove Pioneer Embeds ILOG Optimization To Revolutionize Operational Efficiencies Within Service Organizations Novient, Inc., the premier provider of Internet-based Service Process Optimization Process optimization is the practice of making changes or adjustments to a process, to get results. Optimization is the use of specific techniques to determine the most cost effective and efficient solution to a problem or design for a process. (SPO) solutions for the services economy, has selected best-of-breed optimization technology from ILOG(R) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ILOG; NM France: SICOVAM SICOVAM Société Interprofessionelle pour la Compensation des Valeurs Mobilières : 006673), the companies announced today. The agreement calls for ILOG optimization components to be embedded within Novient's forthcoming optimization product for matching available people and skills to project requirements system-wide, thereby increasing business process efficiencies within service-based organizations or service-based divisions within enterprises. Optimally matching people to projects is at the heart of SPO, which is defined by Gartner-Dataquest as software designed to track and allocate the major resources of services companies -- including people, intellectual capital and time -- to their output. However, most SPO solutions today only provide manual mechanisms based upon standard reporting technologies and rules to match people and their skills to project requirements. By utilizing the ILOG Optimization Suite(TM), Novient's new optimization offering will allow organizations to truly optimize the allocation of people to projects across multiple system-wide criteria, such as utilization, operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. , revenue, customer satisfaction or employee preferences. "We selected ILOG because they are the recognized leader in optimization technology," said David Keil, executive vice president of strategy and business development for Novient. "Early feedback on the Novient-ILOG solution has been outstanding, as numerous customers and prospects have indicated that our SPO solution will reinvent how they run their services organizations by lowering operational costs, improving performance and quality, and increasing responsiveness to customer needs." "As the standard for optimization technology, we are pleased to see it expanding into new, emerging markets like service process optimization. We're further pleased to have, once again, been the choice of the market leader," said Todd Lowe Todd Lowe (born May 10, 1977) is an American actor from Houston, Texas. He is best known for his role as Lane Kim's husband Zach Van Gerbig on Gilmore Girls. Todd is the singer and guitarist for Pilbilly Knights, a country-rock band based in Los Angeles. , executive vice president and general manager of ILOG's Value Chain Management Division. "We are confident that optimization will be as successful in SPO as it has in been areas like supply chain management and customer relationship management." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the agreement, Novient will use several products in the ILOG Optimization Suite, including ILOG CPLEX(R), ILOG OPL OPL Open Publication License OPL Olympus Product Line (Sun) OPL outer plexiform layer OPL Organiser Programming Language (PSION) OPL On-Premise Laundry OPL Optical Path Length OPL Open Public License Studio(TM), ILOG Scheduler(TM) and ILOG Solver Ilog Solver - A commercial constraint programming system. (TM). About ILOG Dually headquartered in Paris and Mountain View, Calif., ILOG is the world's leading supplier of C++ and Java software components. ILOG's embeddable optimization, visualization and business rules software components dramatically shorten development times for enterprise software applications in the supply chain, telecommunications, transportation and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries. In addition to optimization applications where ILOG enjoys significant market share, the company is taking an active role in the e-business software-components market. Visit http://www.ilog.com for additional information. About Novient, Inc. Novient Inc. is the premier software provider of Internet-based service process optimization solutions for the service economy. Novient enables an organization to gain visibility into future service projects, optimally match available people and skills to project requirements, and automate the service delivery process. Through enhanced workforce design, scheduling, and management, Novient's customers maximize project revenue, minimize labor cost, improve employee retention, and increase customer satisfaction. Novient's solution is licensed to over 140,000 users in 48 countries. The company's global customers include Accenture, American Electric Power American Electric Power (NYSE: AEP) is a major investor-owner electric utility in various parts of the United States. It is headquartered in Columbus, Ohio. It serves parts of 11 states, and is currently the largest electricity generating utility in the United States. , Compaq, Computer Sciences Corporation, Hyperion Solutions Hyperion Solutions Corporation is a business performance management software company, located in Santa Clara, California, USA. Many of its products are targeted at the Business Intelligence and Business performance management market. , Lawson Software, Mellon Financial, Nortel Networks, SAP, and Siemens. For more information, please visit www.novient.com or call 1-877-608-4369. Novient and Novient eServices is a trademark of Novient, Inc. ILOG and CPLEX are registered trademark of ILOG. ILOG Optimization Suite, ILOG OPL Studio, ILOG Solver and ILOG Scheduler are trademarks of ILOG. Other trademarks are the properties of their respective owners. |
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