Oracle Primavera Cloud and Acumatica Cloud ERP for New Product Development
Driving Innovation in Manufacturing
Today, the pivotal role of innovation in bolstering profitability and growth is universally acknowledged. Successful innovators witness 43% of their profits stemming from products introduced within the past 5 years. An impressive 65% of these products meet sales objectives, with over 67% fulfilling profit objectives. Notably, top innovators witness their new products selling 2.5 times more, achieving 10 times higher returns from new product investments.
What distinguishes high-performance innovators from the rest?
- A steadfast commitment to innovation and seamless alignment of business and innovation strategy.
- A customer-centric idea-to-launch process fortified with stringent go/kill decision gates.
- Systematic portfolio management housing high-value projects.
- Exceptional project execution and highly efficient resource allocation across all stages from idea to launch.
Empowering New Product Development with Oracle Primavera Cloud
Oracle Primavera Cloud for NPD enables organizations to emerge as high-performing innovators. Our solutions expedite time-to-market for new launches, amplify innovation rates, boost new product sales, and curtail new product development costs. We achieve this by optimizing product development resources for strategic, financial, and operational impact across all product lines and lifecycle phases.
Key Features:
- Portfolio Management: Select and prioritize winning products based on targets, performance, budgets, and personnel.
- Idea-to-launch Management: Seamlessly oversee people, projects, and products throughout the development process.
- Pipeline Management: Strategically sequence and prioritize development projects to meet resource demand and capacity.
- Project and Resource Management: Enhance NPD project success through collaborative cross-functional planning and execution.
Facilitating New Product Development with Acumatica Cloud ERP
Acumatica Cloud ERP for NPD empowers organizations to thrive as high-performing innovators. Our solutions expedite time-to-market for new launches, amplify innovation rates, boost new product sales, and curtail new product development costs. We achieve this by optimizing product development resources for strategic, financial, and operational impact across all product lines and lifecycle phases.
Key Features:
- Portfolio Management: Select and prioritize winning products based on targets, performance, budgets, and personnel.
- Idea-to-launch Management: Seamlessly oversee people, projects, and products throughout the development process.
- Pipeline Management: Strategically sequence and prioritize development projects to meet resource demand and capacity.
- Project and Resource Management: Enhance NPD project success through collaborative cross-functional planning and execution.
Oracle Primavera Cloud and Acumatica Cloud ERP employed in NPD businesses offer an unparalleled focus on people-powered innovation, enabling world-class companies to augment revenues, expedite time-to-market, and enhance NPD efficiency. Irrespective of your industry, Oracle and Acumatica Cloud ERP for New Product Development can propel your success in introducing innovative products.
Whether your primary objective is product strategy, program visibility, or global launches, Oracle Primavera for NPD provides extensive functionality that can be phased in for immediate impact. Uniquely comprehensive, highly configurable, and immensely scalable, Oracle and Acumatica Cloud ERP for NPD ensure that your people drive innovation as they should.
