Got some more SYMX B2B info:
digitalmidmarket.com
Monday November 8, 7:04 am Eastern Time
Company Press Release
SOURCE: Symix Systems, Inc.
Symix Launches digitalmidmarket.com(TM)
- Symix Brings eBusiness to Midmarket Joined by 'Charter Members': works.com, e-STEEL,
Cognos, Keyfile, Microsoft, PricewaterhouseCoopers and Trilogy -
LAS VEGAS, Nov. 8 /PRNewswire/ -- SYMIXWORLD -- Symix Systems, Inc. (Nasdaq: SYMX - news) today launched its digitalmidmarket.com eBusiness
initiative at SymixWorld 99 before a record audience of over 1,700 attendees. digitalmidmarket.com is the enterprise systems market's first eBusiness initiative
focused specifically toward midsize manufacturing and distribution companies. Symix, along with its digitalmidmarket charter partners, today announced a suite of
eBusiness applications, rapid eBusiness deployment services, access to key industry marketplaces and technical expertise to help its customers quickly join the digital
revolution.
''Midmarket companies will be the big winners in eBusiness,'' said Catherine De Rosa, Symix Vice President of Corporate Marketing. ''The inexpensive
architecture and pervasive nature of the Internet showcases the talents of midmarket companies -- speed, agility, flexibility and superior customer service. Midsize
organizations now have a terrific opportunity to out- maneuver their larger rivals as many significant 'large-company' competitive barriers are removed. The Internet
helps level the playing field, providing new competitive weapons to combat million-dollar brands and large direct sales channels. The gates are open to the
midmarket companies who prove they can deliver personalized products and services at the customer's required pace.
''The goal of Symix's initiative is simple: help the midmarket go digital now,'' added De Rosa. ''digitalmidmarket.com provides the business planning, technology,
software and execution necessary to bring quick eBusiness success. We have assembled eBusiness applications, services and digital marketplace partners so that
our customers can start moving in the digital direction today.''
Symix introduced the key components of its eBusiness initiative:
digitalmidmarket.com - solution suite
Today Symix announced eSyte, the midmarket's first suite of eBusiness applications and deployment services. The eSyte suite consists of the eSyte Customer
Center, to drive digital customer service and support; the eSyte Procurement Center, to leverage new online purchasing power; and the eSyte Channel Center, the
first of its kind in the midmarket, to enable midsize companies to drive the success of their dealer network and/or internal sales force. The eSyte applications are
supported by Symix's collaboration and messaging ''backbone'' -- eSyte Messaging -- facilitating collaboration and data transfer with customers and suppliers and
internally between department and employees. The eSyte suite works in conjunction with Symix's enterprise solutions, enabling customers to conduct business
electronically and then organize their operations to meet delivery dates and expectations.
digitalmidmarket.com - success
''Now'' is a critical directive in the digitalmidmarket.com initiative. Electro Sonic, Inc., an electronic component distributor based in Toronto, is an early entrant to the
digitalmidmarket. The company is using Symix's eSyte Customer Center applications and deployment services to meet customer demands for online 'self service,'
and to maintain pace with competitors many times its size. Moving quickly has been a priority for Electro Sonic -- rapid deployment of its eBusiness project was
critical to the company's objectives.
''In less than four weeks, we were able to determine our eBusiness goals, pinpoint our eBusiness target markets, create a Customer Center Web site and supporting
systems for our new digital channel, and launch and market the site,'' said Colin Webb, Electro Sonic President. ''Our entire business is based on the speed and
accuracy of our deliveries. The same levels of speed and accuracy are needed to become digital. Symix helped us develop a complete technology, software and
deployment plan -- from business concept to customer launch - in Internet time. We have already begun to see new business from our site.''
digitalmidmarket.com - charter partners
Symix has created a ''charter group'' of industry-leading eBusiness partners to launch the digitalmidmarket.com initiative: Cognos, e-STEEL, Keyfile, Microsoft,
PricewaterhouseCoopers, Trilogy Software, Inc. and works.com. Along with its eBusiness partners, Symix will deliver access and integration to key online
marketplaces, introduce new business models, and define and utilize Internet standards for collaboration and integration.
Symix today announced its partnership with e-STEEL, the online global online marketplace for the steel industry. As a part of the eSyte Procurement Center, Symix
will build a network of key manufacturing goods marketplaces. ''Symix is the first midmarket enterprise software company to commit to delivering Internet
integration to manufacturing production goods marketplaces,'' said De Rosa. ''One of the biggest wins for the midmarket manufacturer and/or distributor will be
access to key industry production goods markets. A typical midmarket manufacturer has $20-$40 million invested in standard production inventory. Leading
suppliers are creating dynamic online marketplaces. Access to these sites has great economic gains for the midmarket, delivering the potential to reduce inventory
risk and transaction costs, and to increase overall buying power.''
Symix today also introduced another new online procurement partner, works.com. ''We will bring a complete procurement solution to our customers, from
administrative purchasing to repair and maintenance through production goods,'' said De Rosa. ''works.com is leading the midmarket in delivery of the purchasing
model and vehicle for administrative products, setting the pace for the future of eProcurement. The value to our customers is immediate. Early customers are realizing
15 percent cost reduction in total administrative purchasing expenditures.''
digitalmidmarket.com - technology
Symix's eSyte applications are based upon Microsoft technology, adhering to XML and BizTalk Framework standards. This open technology facilitates integration
with Symix's existing business systems for midmarket manufacturers and distributors, and drives open information exchange and collaboration with customers and
suppliers.
Microsoft is a charter member of Symix's digitalmidmarket.com initiative. ''Microsoft's goal is to bring one million new businesses online,'' said Marcus Schmidt,
industry manager for e-commerce at Microsoft Corp. ''We agree that midmarket companies will play a pivotal role in the 'digital population explosion,' and we fully
support Symix as it leads its midsize customers into this new era.''
More information about the digitalmidmarket.com initiative can be found at digitalmidmarket.com.
About Symix
Symix Systems, Inc. develops, markets and supports integrated enterprise and supply chain management systems that meet the unique needs of midsize
manufacturing and distribution companies. Symix is the originator of Customer Synchronized Resource Planning (CSRP), which extends Enterprise Resource
Planning (ERP) to incorporate customer needs into central planning processes. With its digitalmidmarket.com initiative, Symix is helping its customers take their
midmarket talents and customer-oriented services to the Internet, today's ''digital marketplace.'' Every day, over 3,900 customers use Symix software, including the
eSyte suite of eBusiness applications and deployment services, SyteLine and SyteCentre suites for manufacturers, and the SyteDistribution suite for distribution
companies. Founded in 1979 and headquartered in Columbus, Ohio, Symix markets its products through sales and service offices in Europe, North America and the
Pacific Rim, as well as through independent software and support business partners worldwide. Symix company and product information is available at
symix.com.
The statements made in this press release which are not historical fact are ''forward looking statements'' that involve risks and uncertainties, including, but not limited
to, product demand and market acceptance, customer-specific enterprise software requirements, the effect of economic conditions, new product development, the
impact of competitive products, the successful implementation and continuation of the digitalmidmarket.com initiative, the successful and continued collaboration with
charter group members and other factors detailed in Symix's filings with the Securities and Exchange Commission.
SyteLine is a registered trademark and SyteCentre, SyteDistribution, eSyte and digitalmidmarket.com are trademarks of Symix Systems, Inc. All other products
mentioned are trademarks or registered trademarks of their respective companies.
Contact: Noelle Sicuro of Symix, 614-523-7344, noesic@symix.com; or Jim Cappuccio of Ruder-Finn, 212-593-5859, cappuccioj@ruderfinn.com, for Symix.
SOURCE: Symix Systems, Inc. |
