MCAD Article ManagementHome | Main Menu | LogonMatrixOne Sponsors Online Consumer Product Development Conference
Aberdeen Group and MatrixOne CPG Customer to Discuss Best Practices for Enhancing and Streamlining Product Development EffortsWESTFORD, Mass.—(BUSINESS WIRE)—Aug. 30, 2004— MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain(TM), is sponsoring a free Aberdeen Group online conference on success strategies for consumer product development. The event will feature The Hayes Company, Inc., the global leader of decorative lawn and garden products, which is utilizing the MatrixOne PLM platform to efficiently collaborate with external design and manufacturing partners throughout the product design cycle, resulting in reduced costs, improved quality and faster time-to-market.According to Aberdeen Group's recent Product Development in Consumer Industries Benchmark Study, fewer than 25 percent of survey respondents were "more than satisfied" with their product development ability. However, increasing competitive threats and evolving consumer demands are putting constant pressure to translate drawing board ideas into bottom-line revenue. "With the global economy on the mend, consumer companies are looking to product innovation and development to fuel the recovery," said Tim Minahan, Aberdeen's senior vice president of supply chain research and author of the report. "Advantage has gone to forward-thinking firms like The Hayes Company that have adopted PLM solutions, such as MatrixOne, to facilitate collaboration and data exchange and standardize product development procedures and controls." MatrixOne's PLM solutions enable consumer product companies to build flexible and scalable foundations for quickly delivering innovation to the marketplace, while aligning products with market requirements and maintaining strong profit margins. "MatrixOne's platform and business process applications have transformed the way we work with our critical business partners throughout the development process," said Glen Waisner, president of The Hayes Company. "By providing the ability to collaborate on product design with our partner and supplier network in real-time over the Internet, The Hayes Company has been afforded a significant competitive advantage while concurrently reducing costs by hundreds of thousands of dollars annually."
When
The Aberdeen Group webinar, Product Development Strategies for the
Consumer Industries, will launch on Monday, August 30, 10:00 EST
and then will be available on demand.
Where
Online; participants can register for this event at
http://www.aberdeen.com/ab_company/events/product_dev_A.htm
Who
Featured event speakers include:
-- Tim Minahan, SVP of Value Chain Research, Aberdeen
Design-to-Procure group
-- Craig Chin, research director, Aberdeen Design-to-Procure
group
-- Glen Waisner, president of The Hayes Company
About MatrixOne MatrixOne, Inc. (NASDAQ: MONE) is a recognized leader in delivering collaborative Product Lifecycle Management (PLM) solutions. We provide flexible solutions that unleash the creative power of global value chains to inspire innovations and speed them to market. MatrixOne's customers include global leaders in the aerospace and defense, automotive, consumer products, high technology, life sciences, machinery, and the process industries, including Agilent Technologies, General Electric, Honda, Johnson Controls, Philips, Procter & Gamble, Siemens, and Toshiba. MatrixOne (http://www.matrixone.com/) is headquartered in Westford, Massachusetts with locations throughout North America, Europe, and Asia/Pacific. MatrixOne and the MatrixOne logo are registered trademarks, and Matrix10 and "a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain," are trademarks of MatrixOne, Inc. All other trademarks and service marks are the property of their respective owners. Forward-looking statements in this release are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. Such statements may relate, among other things, to our plans, objectives and expected financial and operating results. The risks and uncertainties that may affect forward-looking statements include, among others: poor product sales, long sales cycles, difficulty developing new products, difficulty in relationships with vendors and partners, higher risk in international operations, difficulty assimilating future acquisitions, difficulty managing rapid growth, and increased competition. For more about the risks and uncertainties of our business, see our periodic and other S.E.C. filings. Contact: MatrixOne, Inc. Sharon Rodger, 978-589-4066 sharon.rodger@matrixone.com or fama PR Mike Kaplan, 617-758-4156 kaplan@famapr.com Be the first to review this article
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