EMC has announced that the Information Intelligence Group has introduced its first industry-specific public cloud Software-as-a-Service (SaaS) solution, EMC Supplier Exchange, which furthers its strategy to help customers transform business with cloud-based value office solutions that connect information to work. The trends of mobile, social, cloud and Big Data are forcing customers to develop next-generation, third platform applications as well as better harnessing predictive analytics to redefine their business and IT strategies. EMC Supplier Exchange is a third platform solution that extends Documentum based private cloud solutions, which enables collaboration with the extended enterprise. EMC provides customers with a clear adoption path to the 3rd Platform with this hybrid cloud approach, all the while preserving current 2nd Platform IT investments.
EMC has announced that the Information Intelligence Group has introduced its first industry-specific public cloud Software-as-a-Service (SaaS) solution, EMC Supplier Exchange, which furthers its strategy to help customers transform business with cloud-based value office solutions that connect information to work. The trends of mobile, social, cloud and Big Data are forcing customers to develop next-generation, third platform applications as well as better harnessing predictive analytics to redefine their business and IT strategies. EMC Supplier Exchange is a third platform solution that extends Documentum based private cloud solutions, which enables collaboration with the extended enterprise. EMC provides customers with a clear adoption path to the 3rd Platform with this hybrid cloud approach, all the while preserving current 2nd Platform IT investments.
By taking advantage of Pivotal CF (an enterprise PaaS, which is powered by Cloud Foundry) EMC now brings third platform innovations, including high-scale, elasticity, multi-tenancy, and automated deployment with a cloud-independent approach that provides customers toward cloud portability. Additionally, this approach also creates cross category applications that have Big Data, Fast Data, Content and Process capabilities.
EMC Supplier Exchange is designed specifically for the Energy and Engineering industry, which gives project sponsors and asset owners the ability to accelerate time to financial milestones by streamlining the fulfillment and tracking of contractual deliverables using cloud-based structured collaboration with external suppliers. EMC Supplier Exchange also provides complete visibility and shared accountability for the quality of contract deliverables all the while hastening the distribution, review, and approval of transmittals as well as other critical project documentation. With the EMC Documentum for Engineering, Plant, and Facilities Management (Documentum EPFM) solution suite, EMC Supplier Exchange easily integrates with EMC Documentum Capital Projects to extend support for existing business processes and interaction with critical business documents, deliverables and transmittals.
Other Key Benefits of EMC Supplier Exchange
- Productivity gains by streamlining business processes between project owners and suppliers
- In combination with Documentum Capital Projects, facilitates compliance with industry regulations (OSHA, NERC, FERC, ISO55000)
- Securing valuable intellectual property when it leaves the project owners organization
- Provides audit trail of interactions, including acknowledgements, comments, revisions, and approvals between project owner and suppliers
- Licensing model based on number of documents managed provides flexibility to support a changing number of users without purchasing new user licenses
