CARLSBAD, Calif., July 12, 2011 /PRNewswire/ -- EPM Live (http://www.epmlive.com), a global leader in both on-demand and Microsoft SharePoint-based Enterprise Portfolio Project Management software, announced today that its flagship product WorkEngine was selected by Vectron International as their Portfolio Project Management tool for New Product Development (NPD).
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"WorkEngine was a great choice for us. We've been able to bring project teams together from across the globe and improve collaboration. Our executives love the ease it has provided to roll up multiple projects at a glance, and the seamless data integration with our other business systems," said Dave Chandler, Vectron Product Manager.
Vectron International is a world leader in the design and manufacture of Frequency Control, Sensor, and Hybrid Product solutions including crystals and crystal oscillators, frequency translators, clock and data recovery products, Crystal filters and other components used in telecommunications, data communications, frequency synthesizers, timing, navigation, military, aerospace and instrumentation systems.
Headquartered in Hudson, NH and with operating facilities and sales offices in North America, Europe and Asia, Vectron International is known for its technical capabilities in crystal oscillator and SAW filter design. The innovation and capability provided by the company reflects technologically sophisticated integrated solutions.
Vectron's continued innovation curve is dependent on highly skilled engineering resources with specific domain expertise. As a result, Vectron's ability to develop and drive new products and custom applications to market is directly tied to the availability of these valuable and limited engineering skills. In order to more effectively balance the need for new product development with customer-specific custom orders, Vectron needed a way to understand and model the entire project portfolio with specific focus on product development road-map projects to ensure that adequate resources continued to be focused on future product development.
In addition to developing and tracking the portfolio of projects in the pipeline, Vectron also needed a way to account for production support activities, resource allocations across the portfolio, and actual work accrued against projects across three business lines and four development sites in the US and Europe. The development of good project scheduling techniques, product development process adherence, enhanced collaboration and communications, and time reporting were essential elements for driving improved performance, accountability, and resource capacity optimization.
Vectron knew they needed to deploy a Project Portfolio Management System (PPM) to address their business challenges but were concerned with introducing too much complexity for employees. Vectron entrusted PM Providers, an EPM Live partner, to select the 'right-fit' PPM solution for their business. PPM tool selection was a critical step to ensure system acceptance and data integrity. After evaluating Microsoft Project Server, EPM Live's WorkEngine, and PM Providers' EPMLite solutions, Vectron selected WorkEngine as having the right mix of functionality and ease-of use for the organization.
With the WorkEngine Solution Vectron was able to rapidly develop business-centric views of their project portfolio with dynamic, real-time reporting including resource utilization and capacity analytics. In addition, WorkEngine's user-friendly timesheets and timesheet compliance reports allowed Vectron to quickly evaluate resource efforts across business units and projects and adjust allocations to meet shifting priorities. Built on proven Microsoft SharePoint Technology, WorkEngine was clearly the right-fit solution for Vectron International. Now Vectron is able to effectively monitor and control project resources and direct key staff efforts to strategic roadmap projects without compromising existing customer project support.
To learn more about WorkEngine:
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About EPM Live
EPM Live is a global leader in Work, Portfolio and Project Management Software. EPM Live's WorkEngine products and services are cutting-edge, revolutionizing the way organizations manage their work. WorkEngine can be consumed online or onsite.
WorkEngine has evolved the Microsoft SharePoint Server stack to a more comprehensive and integrated Enterprise Project Management, Project Portfolio Management and overall Work management system. Building on familiar Microsoft tools, the WorkEngine solution includes web parts, Microsoft Project Add-ins, SharePoint Features, and Industry Best Practices & Process templates designed to work together to help you address your Business Productivity needs.
About PM Providers
PM Providers is a professional consulting services firm focused on helping clients to realize key business initiatives through a unique combination of effective partnering, coaching, training and implementation of project management solutions and technologies. PM Provider's mission is to provide comprehensive Project, Program, and Portfolio Management solutions that deliver business results and drive transformational change.
For additional information: Please contact Heather Champoux at 760-603-9990 or [email protected].
Product or service names mentioned herein may be the trademarks of their respective owners.
SOURCE EPM Live
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