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by Jeff Moad, MA Editorial Staff Posted on Wednesday, January 03, 2007 4:54:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | Enterprise software vendor bucks industry trend by refraining from acquisitions and selling applications as stand-alone modules |
While many of his ERP competitors have jumped on the consolidation bandwagon, Randy Flamm, president and founder of IQMS, is sticking to his guns: He has no acquisition plans, nor does he intend to sell IQMS applications as stand-alone modules, independent of the company's manufacturing software suite. Its no-acquisition strategy and unwillingness to sell applications such as its real-time plant floor monitoring software as stand-alone products have cost IQMS a chance to grow faster, Flamm acknowledged in an interview with Managing Automation at IQMS's recent user group meeting in Las Vegas. But, Flamm says, the strategy is driven by a commitment to selling only suites of manufacturing applications, with all modules sharing the same database and development tools. "We believe this is a better way to support lean manufacturing," Flamm says. "And it also means companies don't have to maintain multiple systems, and that reduces IT costs dramatically." [Click to continue] |
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