Process Management Solution synchs product and program info.
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Press Release Summary:
As best practice solution, PRTM Inside lets organizations drive product development strategies, leverage enterprise resources, and align product portfolio to strategic, marketing, and financial objectives. Software provides foundation for optimal product development performance in terms of speed, revenue contribution, and productivity, as it links best-practice business processes and program management activities to common product record and accelerating product introductions.
Original Press Release:
Agile and PRTM Management Consultants Introduce 'PRTM Inside' - a Process Management Solution that Enables Companies to Synchronize Product and Program Information
Leading Companies Offer Joint Solution that Enables Users to Drive Innovation and Achieve Superior Product Development Productivity
SAN JOSE, Calif., Feb. 13 - Agile Software Corporation (NASDAQ:AGIL), a leading provider of product lifecycle management (PLM) solutions and PRTM, a global management consultancy, today announced the availability of "PRTM Inside," a best practice solution that provides the foundation for superior product development performance in terms of speed, revenue contribution, and productivity. The inaugural joint solution set accelerates time to value by allowing organizations to drive product development strategies, leverage enterprise resources, and align their product portfolio to strategic, marketing, and financial objectives.
PRTM offers industry insight, best practices and process consulting to leading companies around the world. Together, Agile and PRTM can enable companies to make rapid, repeatable improvements in product development cycle times, resulting in significant cost savings and reduced time to market.
Implemented in conjunction with Agile Product Portfolio Management (PPM), Agile's best-in-class PLM solution for optimizing product development investments, PRTM Inside tightly links best-practice business processes and program management activities to the common product record, resulting in accelerated introduction of products. This ability to implement best-practice processes and the supporting technology simultaneously means the fastest time to value for customers. Agile PPM provides closely synchronized program and product information, maximized resource utilization, and cross-program, multi-enterprise visibility and decision support across the product lifecycle.
PRTM's benchmarking shows that companies with portfolio management processes grow 20% faster and are 67% more profitable than average companies. Agile customers have seen higher quality product launches, faster development cycles, improved resource utilization, and increased capacity of their product development engine.
"Bringing new products and services to market is the heart and soul of innovation-driven companies," said Patrick Gordon, Lead Director, PRTM's Product Development Practice. "Yet it is complicated by the pressure to deliver results, while diminishing the costs and risks associated with new product development. PRTM Inside synchronizes program and product information, offering an integrated approach that is critical to success."
The Agile-PRTM solution includes two weeks of PRTM consultancy services, where the solution is customized to the company's goals and objectives. Additional key highlights of the solution include a process overview chart, detailed step guidelines, task flow charts and phase review exit questions. This unique combination of business and operational aspects provide levers for both productivity and innovation.
"To remain competitive in the global economy, it is imperative for companies to deliver the right product to market on time and at the right cost -- seamlessly," said Bryan Stolle, Agile CEO. "This solution sets the bar for addressing the unique demands of the industries we serve and driving efficiencies and program management best practices throughout the product lifecycle."
PRTM is a member of the Agile Alliance Program, which meets the needs of Agile's customers by forming partnerships that deliver value-added services, including best practices process design, benchmarking, strategic planning and implementation services. In the context of today's economy, companies are looking to PLM providers to help them deliver and deploy comprehensive enterprise solutions including the business processes and change management required to deliver targeted business results. To learn more about the Agile Alliance Program, go to www.agile.com/partners.
About PRTM
PRTM (www.prtm.com) works closely with leading companies worldwide to achieve breakthrough business results -- fast. Since 1976, we've delivered measurable value to our clients, earning one of the highest levels of repeat business in the management consulting industry. PRTM is also a recognized thought leader and innovator. We have developed many of the methodologies and frameworks used by leading companies today, including Product and Cycle-time Excellence (R) and the Supply-Chain Operations Reference-model (adopted by the Supply-Chain Council). There are 14 PRTM offices and 500 consultants in the U.S., Europe, and Asia.
About Agile Software Corporation
Agile Software Corporation helps companies drive profits, accelerate innovation, reduce costs, and ensure regulatory compliance throughout the product lifecycle. With a broad suite of enterprise class PLM solutions, time-to-value focused implementations, and a unique Guaranteed Business Results(SM) program, Agile helps companies get the most from their products. Alcatel, Bayer, Dell Inc., Flextronics International, Foxconn, Harris, Hitachi, Leapfrog, Lockheed Martin, Magna Steyr, Playtex, Siemens, Quanta, QUALCOMM and ZF are among the over 10,000 customers in the automotive, aerospace and defense, consumer products, electronics, high tech, industrial products, and life sciences industries that have licensed Agile solutions. For more information, call 408-284-4000 or visit www.agile.com.
NOTE: Agile and Agile Software are registered trademarks and Agile On Demand, Agile Advantage, Agile Product Collaboration, Agile Product Cost Management, Agile Product Governance & Compliance, Agile Product Service & Improvement, Agile Product Quality Management, Agile Product Portfolio Management, Agile Engineering Collaboration, Agile Product Interchange, AgileMD and the Agile logo are trademarks of Agile Software Corporation in the U.S. and/or other countries. Guaranteed Business Results is a service mark of Agile Software Corporation. All other brand or product names are trademarks and registered trademarks of their respective holders
