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Product category: Project management software
News Release from: Microsoft
Edited by the Manufacturingtalk Editorial Team on 02 October 2006

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Microsoft Tackles Global High-Tech Manufacturing Challenges, Previews Solution Areas at Inaugural Summit

Targeting challenges facing the high-tech manufacturing industry, Microsoft has at its inaugural Global High-Tech Summit unveiled four key solution areas addressing the need to innovate new products faster, streamline operations, improve value chain integration and collaboration, and increase sales The four solution areas, which include product life-cycle management, plant operations and lean manufacturing, supply chain visibility and collaboration, and sales and customer service, encompass both Microsoft platform technologies and partner solutions linked through industry standards

Microsoft built the solution areas based on feedback from industry leaders, partners and customers about the major pains facing the high-tech industry, particularly the need for improved collaboration between employees, customers and suppliers.

"Microsoft is focused on empowering people to drive the business forward," said Microsoft Chief Operating Officer Kevin Turner, who keynoted the event and spoke of Microsoft's own experiences in the high-tech manufacturing marketplace.

"Microsoft is deeply committed to the advancement of the high-tech manufacturing industry, and we are working closely with our partners to deliver solutions that amplify the impact of people, enabling individuals to work smarter and more effectively to address the complex challenges of their business".

Among more than 400 attendees at the event, Microsoft outlined its vision for the high-tech manufacturing industry, focusing on empowering people to anticipate, innovate and deliver world-class products and services through enhanced collaboration.

At the event, Microsoft partners also announced their support of Microsoft's high-tech manufacturing vision.

In addition, Microsoft announced the establishment of a customer advisory board composed of companies representing various market segments, including Applied Materials, Flextronics International, Juniper Networks, NVIDIA, Xilinx and others.

This formal creation of an advisory board builds upon ongoing industry insight Microsoft obtains from customers and partners and will help the company guide its strategic direction and future investments in the industry.

It also aligns with Microsoft's continued commitment of listening to the voice of the customer to stay on top of the challenges and opportunities facing high-tech companies.

High-tech manufacturing is shifting from exploiting IT investments primarily for automation to helping people work toward achieving peak performance.

As a result, instead of focusing solely on efficiencies and cost-cutting, many industry leaders are beginning to invest in technology to spur innovation and business growth.

"According to Eric Austvold, research director at AMR Research , "High-tech companies in particular are more likely to increase their IT budgets, but at a moderate level.

- While moderate, this increase still says two things about the economic environment today.

First, future forecasted business is favourable, and companies are willing to reinvest in the business.

Second, companies believe productivity gains can be made by investing in IT, especially in fragmented supply networks more often found in the high-tech industry.

"Microsoft's high-tech customers are faced with tremendous pressures to drive innovation and productivity, while removing costs in operations and supply chain processes," said Tyler Bryson, US high-tech industry solutions director at Microsoft.

"At the same time, they are more dependent than ever on design and manufacturing partnerships to deliver products to market".

"We believe that by connecting people and business processes across organisations, Microsoft is helping high-tech businesses better compete in the global marketplace".

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