Software firm JD Edwards is gunning for new markets with a Partners in Development programme which the company hopes will catapult it into areas such as healthcare, retail, banking and finance, and medical.
The company wants to attract developers in those markets using its One World enterprise resource planning product.
The first partnership is with scrap-steel processing software firm Systems Alternatives (SAI). SAI will integrate its supply chain product with One World and sell it into the steel and scrap processing industry. Supply chain services will be linked to process control, automated material identification and furnace control systems.
Said Doug Massingill, president and chief executive of JD Edwards said: "We are constantly faced with the challenge of balancing our need to expand our vertical market presence with the proper investment of our development resources. Partners in Development leverages One World with industry specific expertise of our designated partners, enabling us to cost effectively and profitably expand into new verticals."
Analysts believe the scheme is crucial for the company?s future. According to a recent report by market researchers, AMR Research, "This programme represents a unique opportunity for JD Edwards to break into new industries and generate revenue from the sale of its financial applications with little investment in research and development and sales. This programme, if successful, could prove to be a solid source of revenue in the coming years."
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