PERSPECTIVES 2010 -- Epicor Software Corporation (NASDAQ: EPIC), a
leading provider of enterprise business software solutions for the
midmarket and divisions of Global 1000 companies, today announced a
new enhanced Enterprise 2.0 strategy, designed to provide customers
with practical and manageable benefits from social technologies
within enterprise applications. Epicor will help businesses
increasingly focused on effective organization-wide execution to
drive growth through innovation with the combination of Epicor 9
next-generation enterprise resource planning (ERP) applications and
Microsoft SharePoint 2010.
Integrating social networking features into business
applications is an increasingly vital strategy for improving
organizational efficiency and productivity, as well as harnessing
knowledge through collaboration. However, the potential for data
deluge for organizations that venture into the world of Enterprise
2.0 without clearly defined business policies and processes
threatens to work against worker effectiveness and business
productivity.
Epicor's strategy is focused on two key aspects: First, it
enables businesses to leverage the power of collaborative
participation via social networking tools to make business
applications easier and more engaging, ultimately empowering
knowledge workers and improving overall business agility and
responsiveness. And, of equal importance, it enables businesses and
users to control and manage the flow of information they receive,
for improved relevancy without information overload.
Epicor was among the first to realize and deliver upon the
potential of merging modern service-oriented architecture (SOA)
with collaborative Web 2.0 concepts for greater organizational
performance, and now will utilize the latest in Microsoft
technologies to further empower users of Epicor ERP solutions. By
delivering a platform for greater collaboration and productivity
that combines enterprise data in context with social networking
channels in a controlled manner, Epicor expects to help businesses
more effectively engage information workers within the business,
between businesses and their broader supply-chain of customers and
suppliers.
"Epicor is now building ERP solutions that incorporate social
concepts applied to the enterprise at every level," said James
Norwood, senior vice president, worldwide product marketing for
Epicor. "Epicor ICE business architecture was one of the first to
blend the social and technical aspects of Web 2.0 concepts with SOA
and this new extended strategy is designed to help businesses get
the maximum benefit from Enterprise 2.0 without the associated
deluge of data."
Bringing a Social Voice to ERP
According to R "Ray" Wang, Founding Partner at Altimeter Group,
a "key element of the dynamic user experiences discussed in the 10
elements of social enterprise apps, activity streams epitomize how
apps can deliver contextual and relevant information.
Unfortunately, what was seen as an elegant solution that brought
people, data, applications, and information flow into a centralized
real-time interface, now faces assault from the exponential growth
in data and information sources."
And yet with some 96% of IT Pros connected to one or more online
social networks(1), the need to engage, influence and collaborate
in the new social Web can't be ignored. Complementing Web 2.0
technologies already delivered to its customers such as Enterprise
Search, Composite Application development (Mashups), Wikis and Data
Tagging, Epicor plans a series of additional capabilities that
combined with the new SharePoint 2010 will provide a comprehensive
engagement platform to deliver on the promise of Enterprise 2.0 for
business.
Epicor will aspire to add a social voice to ERP by integrating
status updates, news feeds and broader SharePoint communities to
provide an even more powerful tool to achieve best-in-class
business performance. These technologies will further empower
knowledge workers by leveraging contextual information about them
-- the environment, processes, communities and various personas
employed when interacting with computing technology -- to improve
the quality of those interactions.
Manageable Activity Streams
Currently under development, Epicor Activity Streams will allow
users to follow notifications posted by the system along with
contributions from other users. To be offered in-context within
Epicor ERP, users will also be able to launch into a more
comprehensive Rich Internet Application (RIA) where they are able
to control and manage the flow of information they receive, add
favorite social networks, follow specific search criteria and
filter and group information as needed through an intuitive user
interface. For example, groups could be established for
consolidating system generated messages around business process
management alerts, such as notification of electronic sign-offs as
part of better governance, risk and compliance objectives. Epicor
Activity Streams will also be federated with Microsoft SharePoint
Sites, Content, Search and Communities such as user profiles,
newsfeeds and threaded discussions. The end result -- help users be
more effective through access to extensive knowledge and social
collaboration, without the associated information overload.
Delivering Business Benefits with Enterprise
2.0
By embedding collaborative social elements directly within
Epicor and extending them through the advanced features of
SharePoint 2010, Epicor is delivering valuable business benefits
from Enterprise 2.0. For example, by combining data tags entered in
Epicor with those in SharePoint users can quickly access all the
information they need, reducing the time it takes to react, respond
and resolve business matters.
"Epicor truly understands the value of productivity and we are
thrilled that they have chosen SharePoint 2010 to extend the
capabilities of today's information workers who increasingly need
to be able to complete day-to-day tasks based on access to relevant
and timely information from anywhere and from any device," said
Eric Swift, General Manager, SharePoint at Microsoft. "Epicor is a
great example of a partner that is leading the way in adopting the
latest in Microsoft technology such as SharePoint 2010 to enable
enterprise-wide collaboration and information sharing in
context."
About Epicor Software Corporation
Epicor Software is a global leader delivering business software
solutions to the manufacturing, distribution, retail, hospitality
and services industries. With 20,000 customers in over 150
countries, Epicor provides integrated enterprise resource planning
(ERP), customer relationship management (CRM), supply chain
management (SCM) and enterprise retail software solutions that
enable companies to drive increased efficiency and improve
profitability. Founded in 1984, Epicor takes pride in more than 25
years of technology innovation delivering business solutions that
provide the scalability and flexibility businesses need to build
competitive advantage. Epicor provides a comprehensive range of
services with a single point of accountability that promotes rapid
return on investment and low total cost of ownership, whether
operating business on a local, regional or global scale. The
Company's worldwide headquarters are located in Irvine, California
with offices and affiliates around the world. For more information,
visit www.epicor.com.
Epicor is a registered trademark of Epicor Software Corporation.
Other trademarks referenced are the property of their respective
owners. The product and service offerings depicted in this document
are produced by Epicor Software Corporation.
FORWARD-LOOKING STATEMENTS: This document includes descriptions
of product functionality that is not presently available. This
press release contains certain statements which may constitute
forward-looking statements under the Private Securities Litigation
Reform Act of 1995. These forward-looking statements include
statements regarding future product releases, growth prospects, and
the direction and launch of future functionality and other
statements that are not historical fact. These forward-looking
statements are based on currently available competitive, financial
and economic data together with management's views and assumptions
regarding future events and business performance at the time the
statements are made and are subject to risks and uncertainties.
Actual results may differ materially from those expressed or
implied in the forward-looking statements. Such risks and
uncertainties include but are not limited to changes in the demand
for Epicor's products; the timely availability and market
acceptance of new products and upgrades; the impact of competitive
products and pricing; the discovery of undetected software errors;
changes in the financial condition of Epicor's customers; and other
factors discussed in Epicor's annual report on Form 10-K for the
year ended December 31, 2009 and quarterly report on Form 10-Q for
the quarter ended June 30, 2010. As a result of these factors the
business or prospects expected by Epicor as part of this
announcement may not occur. Epicor undertakes no obligation to
revise or update publicly any forward-looking statements.
(1) Source: TechTarget, 2010
(http://techtargetsummit.techtarget.com/east/sessions.html?Offer=#social)
Contact: Lisa Preuss Director, Public Relations Epicor Software
Corporation 949/585-4235 lpreuss@epicor.com Damon Wright Vice
President, Investor Relations Epicor Software Corporation
949/585-4509 dswright@epicor.com
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