MatrixOne's Product Collaboration Solutions To Streamline Product Life Cycle Management and Deliver Substantial Returns
WESTFORD, Mass.--(BUSINESS WIRE)--Jan. 16, 2002-- MatrixOne, Inc. (NASDAQ: MONE - news), a leading provider of product collaboration solutions for the value chain, today announced that Yazaki Corporation, a leading Tier One automotive supplier of vehicle power and data solutions, has chosen MatrixOne to supply product collaboration solutions that will result in compelling cost savings for Yazaki. The MatrixOne collaboration platform will enable Yazaki to accelerate innovation and reduce time to market by enabling global product collaboration between Yazaki sites throughout Asia, the Americas, and Europe. One of the world's largest privately owned corporations, Yazaki is another significant automotive win for MatrixOne and further strengthens MatrixOne's position as the leading product collaboration solution provide to the automotive industry.
MatrixOne's product collaboration solutions will allow all functional areas within Yazaki to collaborate together earlier in the development process. Internal collaboration will streamline processes for product life cycle management, which in turn will accelerate Yazaki's response time to its customers and time to market for increased return on investments and competitive advantages.
"The global consolidation of the OEMs has driven Yazaki to increase our collaborative efforts in all functional areas of the company. This was a particularly daunting task since Yazaki employs multiple systems using different languages, legacy software, hardware, and data protocols. We required a solution that was open, flexible, and easy to deploy," said David Conrad, global director of e-business for Yazaki. "We selected MatrixOne because we have confidence in their products' ability to meet the varied global and regional requirements throughout Yazaki. This includes excellent out-of-the-box functionality for fast implementation with minimal custom modifications and extremely robust and flexible data management capabilities. Overall we judged MatrixOne's technology and implementation expertise in the automotive industry to be superior to the other solutions we evaluated."
Yazaki will use MatrixOne's core collaboration platform, eMatrix(TM), and Value Chain Portfolio(TM) applications including, Engineering Central(TM), Program Management Central(TM), and Team Central. These applications address the regional product design and development needs at each engineering center, in addition to maintaining corporate-wide best practices for managing product lifecycles across all sites. In addition to implementing engineering and program management processes, Yazaki plans to utilize MatrixOne's eMatrix as the foundation of their global e-Business activities.
"Yazaki needed to connect its many worldwide offices allowing their engineers and developers around the globe to be involved much earlier in the collaborative process. Processes that are now streamlined through MatrixOne's solutions reduce costs, increase innovation, and can ultimately result in a positive impact on revenue," said Stephen Dunn, vice president, automotive industry for MatrixOne.
Yazaki Corporation is a global leader in the research and development of vehicle power and data solutions, as well as advanced electronic technologies for vehicle applications. Yazaki produces electrical distribution systems, fiber optics, advanced networking products, instrumentation, switches, junction blocks, connector systems, and advanced electronics. Worldwide, the company employs over 100,000 people in 31 countries, 1,800 of whom are based in the company's North American headquarters and research center campus in Canton, Michigan. For more information on Yazaki, log onto www.yazaki-na.com.
MatrixOne, Inc. (NASDAQ: MONE - news) is changing the way the world brings products to market(TM). The Company's eMatrix(TM) product collaboration platform and out-of-the-box Value Chain Portfolio(TM) applications enable online collaboration across global value chains and secure access to independent trading communities in private and public marketplaces. A trusted partner to innovative companies, MatrixOne helps customers accelerate the right products to market. MatrixOne's more than 575 global customers represent the aerospace/defense, apparel, automotive, consumer packaged goods, general machinery, high-technology, and medical equipment industries, including GE, Procter & Gamble, Nokia, Siemens, JDS Uniphase, and Honda. Headquartered in Westford, Massachusetts, MatrixOne ( www.matrixone.com) also maintains offices in North America, Europe, and Asia, with additional distributors in Latin America and Australia.
MatrixOne and Adaplets are registered trademarks, and eMatrix, Changing the Way the World Brings Products to Market, Product Collaboration Solutions for the Value Chain, and Value Chain Portfolio are trademarks of MatrixOne, Inc. All other trademarks and service marks are the property of their respective owners.
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Mike Sponseller MatrixOne, Inc. 978-589-4073 Email Contact or Leila Modarres Porter Novelli 617-450-4224 Email Contact