Software AG Introduces iKnow – an Order Visibility Solution – which Improves Supply Chain Performance
May 21 2012 - 8:00AM
Business Wire
Software AG today unveiled iKnow – its order visibility
solution for order-to-cash process management. iKnow provides
stakeholders with the knowledge and context needed to effectively
manage critical supply chain anomalies. The solution consists of
both software and deployment services, and can be up and running in
as little as eight weeks. The solution was introduced at the
Gartner Supply Chain Executive Conference, being held in Palm
Desert, California, May 21-23, 2012.
Organizations with sophisticated supply chains often have
technical solutions that focus on very specific parts of the
overall supply chain. While such organizations typically employ
business intelligence (BI) tools and control towers to visualize
metrics, these solutions provide little insight into how a given
process is actually functioning. There may be a lot of data, but
frequently there is little insight—with even less accurate and
contextually-relevant knowledge—that can improve both process
performance and impact process outcomes. As a result, it’s possible
to “find out”, but how do you “know”?
“Our iKnow order visibility solution changes the game,
delivering a tool designed to enable organizations to understand
and manage supply chain anomalies in real time—which in turn
enables a response in the right way at the right time,” said Dave
Brooks, Senior Director of Strategic Business Solutions, Software
AG. “iKnow delivers the content in context. For example, if an
order is stuck in your supply chain, is it from a big customer or a
small strategic customer? This knowledge could dictate how to
respond as well as who should respond. The result is a more
positive and predictable outcome.”
iKnow is a software and service solution that provides both
visibility and power to transform knowledge into action. The
solution includes defined process monitoring points, KPIs, alerts,
pre-configured dashboards, and the services required to deploy
them. It builds on the success clients have found using Software AG
technology and focuses on high-level supply chain process analysis,
serving as a platform for end-to-end process performance
management. Leveraging best practices from the installed base of
companies that are optimizing their supply chains, this initial
iKnow solution focuses on order visibility throughout the
order-to-cash process.
“We focused on order-to-cash because this process touches both
our clients’ top line and bottom line and has a significant impact
on customer satisfaction,” says Brooks. “Future solutions will
support other supply chain processes and will be developed both by
Software AG and the ecosystem of developers that is forming around
the iKnow framework.”
Supporting iKnow is a Snap-In Process Intelligence Template
(SNIPIT) that focuses on “micro” processes and provides additional
instrumentation, defined monitoring points, and tailored alerts.
Multiple SNIPITs can be snapped into the iKnow solution to address
specific supply chain challenges. Each SNIPIT provides visibility
at a granular level facilitating immediate corrective action and
root cause analysis.
For more information about the iKnow order visibility solution,
go to: www.knowyoursupplychain.com.
About Software AG
With more than 1,000 U.S.-enterprise customers and 800
employees, Software AG's U.S. operation contributes one third of
the company's total revenue and is Software AG's largest market
presence and R&D location. Software AG has operated nationwide
in the U.S. since 1973 through a fully-owned subsidiary, Software
AG USA Inc., which is headquartered in Reston, Virginia –
also an R&D hub for the company’s core data management and
integration technologies. R&D labs for the development of
Software AG’s webMethods product suite – offering SOA
integration and BPM solutions – include facilities in San
José/Silicon Valley, Seattle and Denver. For more information,
visit www.softwareag.com/us.
Software AG is the global leader in Business Process Excellence.
Our 40 years of innovation include the invention of the first
high-performance transactional database, Adabas; the first business
process analysis platform, ARIS; and the first B2B server and
SOA-based integration platform, webMethods. We offer our customers
end-to-end business process management (BPM) solutions delivering
low Total-Cost-of-Ownership and high ease of use. Our
industry-leading brands, ARIS, webMethods, Adabas, Natural,
CentraSite and IDS Scheer Consulting, represent a unique portfolio
encompassing: process strategy, design, integration and control;
SOA-based integration and data management; process-driven SAP
implementation; and strategic process consulting and services.
Software AG had revenues of €1.1 billion in 2011 (IFRS,
unaudited) and has more than 5,500 employees serving 10,000
enterprise and public institution customers across 70 countries.
Our comprehensive software and services solutions allow companies
to continuously achieve their business results faster. The company
is headquartered in Germany and listed on the Frankfurt Stock
Exchange (TecDAX, ISIN DE 0003304002 / SOW).
Software AG - Get There Faster
Detailed press information about Software AG, including a
picture and multimedia database is available at:
www.softwareag.com/press
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