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Technology Stocks : Documentum (DCTM) Software -- Ignore unavailable to you. Want to Upgrade?


To: Ariella who wrote (453)3/16/1999 11:58:00 AM
From: Michael Watkins  Read Replies (1) | Respond to of 600
 
DOCUMENTUM Announces Move Into Web Application Market

New Web Applications and Development Environment Foster Innovation of New Products and Processes


March 16, 1999 08:19 AM
NEW YORK, March 16 /PRNewswire/ -- Targeting the needs of knowledge workers in Global 2000 companies, DOCUMENTUM, Inc. DCTM today announced its strategy to expand its product line by delivering a broad range of Web applications, based on its new Web application environment, to foster innovation of new products and processes. By automating the capture and flow of knowledge within and between organizations, DOCUMENTUM's new offering will enable Global 2000 companies to dramatically increase competitive advantage and quickly capitalize on new market opportunities.
The DOCUMENTUM Innovation Application Series(TM) will be tailored for the company's targeted vertical industries and focused on five categories: marketing and sales, quality management, research management, financial risk management and project/team management. The DOCUMENTUM Innovation Application Series is based on the company's new DOCUMENTUM Web Application Environment(TM), which consists of a powerful Web application server, a family of Web clients, and development and administration tools. The DOCUMENTUM Web Application Environment also enables the cost-effective development and deployment of custom Web applications by DOCUMENTUM customers and system integrator partners.

Leveraging its expertise in effectively managing knowledge across the enterprise, DOCUMENTUM's Innovation Application Series is designed to meet specific industry requirements in DOCUMENTUM's four key market segments: process manufacturing, discrete manufacturing, financial services, and business and government services. DOCUMENTUM applications will address a new market opportunity for innovation of new products and processes by incorporating three essential components: (1) built-in domain expertise that automates specific business processes in each vertical industry, (2) intelligent "mining" of task-specific knowledge located in virtually any source: intranets, corporate document repositories and databases, extranets, enterprise resource planning systems, and the Internet and (3) a scalable knowledge repository that secures, versions, and manages unstructured content and Web pages.

Fostering innovation through Web applications

DOCUMENTUM's applications will harness the Web to automatically connect knowledge workers to the information they need, at the time they need it, in the right format and business context. For example, to prepare a salesperson for a sales call, a DOCUMENTUM Innovation application could instantly deliver, over the Web, background information on any prospect, the related industry, the business challenge, current products or solutions, and competitive offerings.

"As a global organization that is applying knowledge over the Web to conduct e-business, we must have assurance that sales and marketing information for hundreds of products is current and accurate," said Michael Fox, vice president, knowledge systems at Nortel Networks. "DOCUMENTUM applications validate the knowledge exchanged over the Web by dynamically serving up personalized information based on an employee's role, so our decision-makers can act upon trusted information and make informed choices."

"DOCUMENTUM has learned the value of managing knowledge from our years as the leader in the document management market," said Jeffrey A. Miller, president and chief executive officer of DOCUMENTUM, Inc. "Now we're taking our customers to the next level with a series of applications that directly incorporate their knowledge assets into their business processes, thereby allowing them to accelerate innovation, time-to-market and time-to-revenue. Companies that effectively access, apply, and act upon knowledge will be better prepared to compete in an economy characterized by global competition and shrinking product lifecycles -- and DOCUMENTUM is dedicated to offering applications that meet those needs."

"By using a turnkey application from DOCUMENTUM, business sectors that share common interests and goals can contribute, exchange and access knowledge through a single source, creating a potential for leaps in research and innovation," said Kathy Kleekamp, team leader at Monsanto Company. "DOCUMENTUM applications can serve as a Web portal to global knowledge."