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Technology Stocks : J.D. Edwards debut! (JDEC)

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To: bob zagorin who wrote (439)8/17/1999 10:43:00 AM
From: bob zagorin  Read Replies (1) of 583
 
Deloitte & Touche Announces RIPTIDE; a New Implementation Strategy to Reduce Time to Benefit of J.D. Edwards Enterprise Software Implementations

Deloitte & Touche's RIPTIDE Implementation Strategy Will Provide Fixed Scope

And Cost for J.D. Edwards Enterprise Software Implementations

CHICAGO and DENVER, Aug. 17 /PRNewswire/ -- Deloitte & Touche's Solutions Practice and J.D. Edwards & Company (Nasdaq: JDEC) announced today the release of RIPTIDE, a new strategic initiative to make enterprise software implementations faster and easier with more predictable return on investment.

The new strategic initiative, RIPTIDE, from Deloitte & Touche, is a value-based J.D. Edwards enterprise software implementation option for organizations requiring rapid, limited scope, fixed cost, fixed timeframe implementations of J.D. Edwards' OneWorld(TM) enterprise software. Using Deloitte and Touche methodologies, including the scalable EXPRESS(TM) for J.D. Edwards implementation methodology, SolutionPrints(TM) for J.D. Edwards (industry templates with links to J.D. Edwards OneWorld enterprise software), and ValuePrint(TM) (implementation cost-benefit analysis and tracking methodology), Deloitte & Touche now offers a single package of these services to organizations that desire a limited scope, fixed cost, fixed timeline implementation of base enterprise software functionality.

Deloitte & Touche's RIPTIDE for J.D. Edwards prepares organizations to take advantage of J.D. Edwards' ActivEra(TM) during the Second Wave phase, the stage after go-live, of their enterprise software implementation. Using ActivEra and SolutionPrints, organizations can customize and redesign business processes after go-live.

"Many organizations are reluctant to embark upon an enterprise software implementation because of the uncertain amounts of time and money required to complete the project. RIPTIDE is the answer to those concerns," said William J. Allison, partner, Deloitte & Touche. "Using RIPTIDE, our clients will rapidly be in a position to benefit from the entire spectrum of enterprise software, supply chain, and e-business technology available today."

"The RIPTIDE program will offer our customers end-to-end flexible enterprise solutions, with pre-mapped functionality using the business processes and technologies that will bring the greatest benefit to the customer," said Doug Massingill, president and CEO of J.D. Edwards. "With a fixed scope, cost and timeline and up-front return on investment calculation for each RIPTIDE project, Deloitte & Touche will take the guesswork out of enterprise software implementations."

A recent Deloitte Consulting study, "ERP's Second Wave: Maximizing the Value of ERP-Enabled Processes," shows that enterprise software benefits come in the stages after go-live, called the Second Wave. With RIPTIDE, Deloitte & Touche prepares organizations to take advantage of the Second Wave by clearly defining, based on client needs, the time and cost to implement the backbone of enterprise software across the organization. Second Wave benefits include process improvement and enabling technologies like e-business, customer relationship management, and advanced planning and scheduling.

Deloitte & Touche's Solutions Practice, which provides process redesign and package implementation consulting, is a Global Strategic Business Partner with J.D. Edwards. Together, the companies have delivered flexible information system solutions to clients throughout the world, enabling them to achieve greater control over their businesses.

About J.D. Edwards

J.D. Edwards provides Idea to Action(TM) software for managing the enterprise and supply chain. The Company's integrated applications give customers control over their front office, manufacturing, logistics/distribution, human resources and finance processes for the consumer products, industrial, and services industries. J.D. Edwards enables Idea to Action with ActivEra(TM), a collection of tools and technologies that extend the J.D. Edwards SCOREX and AIMX supply chain solutions and, OneWorld(TM) and WorldSoftware(TM) enterprise business software. ActivEra allows customers to change their enterprise software quickly and easily during and after implementation. The Company's solutions operate in multiple computing environments, including Windows NT(R), UNIX(R) and OS/400(R), and are Java(TM) and HTML enabled.

More information can be obtained by contacting the Company at 800-727-5333 or via the Internet at jdedwards.com .

About Deloitte & Touche

Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through over 28,000 people in more than 100 U.S. cities. Deloitte & Touche is part of Deloitte Touche Tohmatsu, a global leader in professional services with more than 82,000 people in over 130 countries.

Deloitte & Touche refers to Deloitte & Touche LLP, Deloitte Consulting LLC, and related entities. For additional information, please visit Deloitte & Touche's website at www.us.deloitte.com.

For additional information about Deloitte & Touche's J.D. Edwards implementation consulting services, please contact Jamie Stathas at 312-946-3000.

NOTE: J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other product and services of J.D. Edwards used herein are trademarks and registered trademarks of J.D. Edwards World Source Company. All other product names used herein are trademarks or registered trademarks of their respective owners. The historical results stated above are not necessarily indicative of the results of any future period.

SOURCE J.D. Edwards & Company

CO: Deloitte & Touche; J.D. Edwards & Company

ST: Colorado, Illinois

IN: CPR FIN

SU: PDT

08/17/99 08:01 EDT prnewswire.com
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