XIS Announces the Release of Novare 1.1; Latest Version to Provide Extended Portfolio Reporting Capabilities.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Nov. 1, 2000 XIS Incorporated, a leading provider of Web applications for Product Lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. Management (PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design ), today announced the availability of version 1.1 of the Novare(TM) application. The new version's robust portfolio reporting and charting capabilities provides users with personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. views into development activities, and helps them make optimal program prioritization and resource allocation resource allocation Managed care The constellation of activities and decisions which form the basis for prioritizing health care needs decisions. Version 1.1 of Novare lets users slice and dice Refers to rearranging data so that it can be viewed from different perspectives. The term is typically used with OLAP databases that present information to the user in the form of multidimensional cubes similar to a 3D spreadsheet. See OLAP. program information to create tables and charts that give them a personalized view into the development pipeline. Reports can be viewed in real time, or `snapshots' can be taken to capture historical information." Program Performance Reports Managers can keep their fingers on the pulse of development activities by building reports specific to program risks, costs or schedule. A series of filters can be used to isolate problem areas so they can manage by exception. Novare helps managers track the health of their programs to ensure development proceeds smoothly and swiftly. Program Attractiveness Reports Executives can compare the relative attractiveness of the programs in their portfolio with the help of customizable metric reports and bubble charts. Novare ensures they focus their resources on products that have high returns and the greatest chances of success, while still maintaining strategic focus. "It's important to know that your product development efforts are on track," said Paul Webb Paul Douglas Webb (born 16 January 1962, Essex, England) is an English musician. Webb attended secondary school with Lee Harris, and the two became good friends. They played in the reggae band Eskalator before being recruited to form Talk Talk in 1981. , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of XIS. "But, what's even more important is investing in products that will succeed in the marketplace. Novare's attractiveness reports and bubble charts keep you focused on winning products." About XIS XIS Inc. is a software company that develops Web applications for Product Lifecycle Management (PLM). XIS Inc.'s Flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Novare(TM), is a groundbreaking application that supports the development, launch, and management of products and services through to retirement. Novare helps companies get products to market faster by ensuring teams work effectively and executives focus their resources on winning products. It provides product teams with a Web-based collaborative environment in which the execution of the day-to-day work involved in developing and introducing new products can be automated. Novare automatically rolls up detailed status information and reports it at the portfolio level. It presents executives with program attractiveness metrics and graphs of the development pipeline that facilitate the selection and prioritization of programs. Novare is the only application provides this tight link between strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. and tactical execution. For the first time, internal organizations, partners, suppliers, and customers are united around the most important business process in any company - developing products and delivering them to market. For more information on XIS Inc., visit www.xisinc.com. |
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