Frost & Sullivan recently announced its 2017 Best Practices Award winners! EnterWorks proudly accepted the firm’s 2017 North American Product Leadership Award. Specifically, Frost & Sullivan selected the EnterWorks Enable™ PIM and MDM software solution, citing three top features for manufacturing and distribution.
Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid market acceptance. The award recognizes the quality of the solution and the customer value enhancements it enables.
The Enable™ Product Information Management (PIM) and Master Data Management (MDM) solution provides a centralized view and repository of extensive product information, master data, digital assets, attributes, and more. The focus for this Best Practices Award was for Manufacturing and Distribution communities and their trading partners.
Top Three MDM and PIM Software Features for Manufacturing and Distribution Companies
The Frost & Sullivan Product Leadership Award was presented to EnterWorks based on three top features that provide the greatest value to manufacturing and distribution customers:
Enterprise workflow, application interface screen, business and validation rules, and data models are all configurable. Drag-and-drop modeling tools and graphical displays enable users to set up best practice processes and workflows. This allows them to meet their unique requirements without touching any code. Therefore, it reduces the total cost of ownership (TCO) because customers do not have to rely on expensive IT resources. The unique virtual data modeling capability of the platform is a critical enabler for its configurability for any targeted vertical.
Businesses can set up the platform specifically for the desired business model and user roles. This is true whether a company is a small, niche product specialist or a large, multi-division conglomerate.
#3: Flexibility and speed
The EnterWorks PIM/MDM software runs both on the cloud and on-premises. The implementation time averages about ninety days. Furthermore, the implementation cost is 30 to 40 percent less than competing MDM/PIM solutions, and the maintenance cost is 50 to 75 percent less.
The Frost & Sullivan analysis found that EnterWorks Enable™ also facilitates collaboration among business silos and across enterprises in an omnichannel, business-to-business-to-consumer (B2B2C) manner. EnterWorks does this by aggregating, managing, and syndicating product content, allowing companies to enter data through multiple methods. This extends to emerging content sources, such as 3D, that will power virtual and augmented reality applications but require a central data repository.
According to Sankara Narayanan, Senior Industry Analyst, Frost & Sullivan, “EnterWorks has strengthened its PIM and MDM position in the manufacturing and distribution communities by its intense focus on key product categories and the corresponding industry sectors in building out its vertical content network approach.
“By concentrating on partner ecosystems and data pools associated with verticals such as food and consumer products, industrial and building materials, home and office furnishings, specialty goods, medical/surgical devices, and services industries, EnterWorks delivers a holistic solution bundle to its prospects and existing customers.”
Finally, to download a copy of the Frost & Sullivan report, click here.