New Product Launch at Computex Taipei

2009-06-25

Stephen Law, CEO of WisageTech, launched a new 8Manage BIS product at a presentation on the second day of Computex Taipei 2009. 8Manage BIS is the new generation of business and project management. Stephen emphasized the necessity for this new generation of software products based upon the following major changes in industries and businesses:
1、Knowledge work and project-based revenue ; Information assisted decision-making / performance management;
2、 After 20 years of fragmented automation, businesses recognize the need for seamless automation and are rejecting systems that allow for fragmentation.
 
Stephen believes that the key ingredient in managing knowledge work is project management discipline; and that the key ingredient in the management of project based businesses (such as construction, telecom and professional services) is project management discipline integrated with business and financial management.

Stephen pointed out that the history of software spans only 50 years, and that the first 10 years of that history focused heavily on systems software. The history of application software measures only about 40 years. 20 years ago, enterprises automated their business and operations part by part with silo systems, then linked them together (see diagram below) via systems integration (SI).

t that time, people were satisfied because there was no better method. Fragmented automation was better than no automation. 20 years of experience and practice with application software led to a new generation of products based upon the concept of “One Design One System.” WisageTech is the leading company that utilizes one consistent design to develop a full suite of software needed for business and the operation management of an enterprise. The key ingredient is not whther it is one or a few systems to perform for full automation, but the following: 

1.Far more consistency in the application model and far less complexity in the underlying systems .
2.Far more accurate (in terms of context and details) and timely information for decision-making and performance management.

Stephen continued by giving a live demonstration of the following features of the 8Manage BIS system: 
• Seeing the BIG Picture with 8Manage Real-time Business Map 
  — Financial management  
  — Enterprise organization management
• Customer Relationship Management (CRM)  
  — Client information & relationship management  
  — Sales force automation  
  — Campaign and integrated sales & marketing management
  — Opportunity and contract management
• PMO & Project Management
• Supplier, eTender & Outsourcing Management
• Personal workbench

According to Stephen, 8Manage CRM features can compare with and surpass any CRM products in CRM features alone or any PPM products in project and program management features alone. Additionally, 8Manage CRM can be extended to cover: 
1.Middle office management for product & services; resources & engagement; partnership & outsourcing
2.Back office management for supplier & procurement, inventory & fixed assest; finance & AP/AT

More importantly, 8Manage BIS provides accurate and timely information for the full context of business performance management. That means the experienced business manager’s dream of integrated performance management of finance, product, operation and people finally comes true.