Yankee Group Report Uncovers the Untapped Opportunity for Distributed Order Management -- DOM -- Technology.Business Editors/High-Tech Writers BOSTON--(BUSINESS WIRE)--Nov. 12, 2002 In a new report, "Unlocking the Potential for Distributed Order Management," the Yankee Group (the Yankee Group, Boston, MA, www.yankeegroup.com) A major market research, analysis and consulting firm founded in 1970 by Howard Anderson. It provides general consulting and strategic planning in the computer and communications field. uncovers the alternative technology strategies enterprises have employed to address order visibility and control. The report shows that this is opportunity for vendors to provide a packaged solution set. Today, companies compensate for the lack of centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. , integrated order management systems by building their own order-centric architectures, using integration technology or custom-writing order management logic. These DOM strategies are both risky and expensive, carrying a high total cost of ownership (TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. ). "The market for packaged DOM applications is nascent because no one is offering the right solution set and architecture for managing complex orders," notes Kosin Huang, Yankee Group Business Applications & Commerce senior analyst and report author. "Companies are continuing to tackle order management problems through a myriad of homegrown home·grown adj. 1. Raised or grown at home. 2. Originating in or characteristic of a locality: "Rock is homegrown music in the United States, evolved from blues and country and Tin Pan Alley" approaches." Huang points out that, "a successful DOM architecture should consist of four elements: a flexible business process management layer, vertical industry process templates for DOM, a robust integration framework and a unified data model with a single point of access." The report examines the shortcomings A shortcoming is a character flaw. Shortcomings may also be:
Upcoming Yankee Group research will quantify the DOM opportunity and develop a selection model that helps enterprises determine the best DOM technology strategy to fit their needs. NOTE TO EDITORS For interviews, please contact Kosin Huang at khuang@yankeegroup.com. THE YANKEE GROUP (www.yankeegroup.com) The Yankee Group is a global leader in technology research and consulting. Our customers, which include technology vendors and users, benefit from our accurate, reliable, and trusted research, consulting, and personalized one-to-one client interaction covering communications and IT products and services. Now in our fourth decade, the company is headquartered in Boston and maintains offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , and the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. . |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion