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OPENING NEW VISTAS
Having carved a niche for itself with its ERP
solutions, Towell-take solutions is looking at strengthening its market position
with its latest offering TIMICSnXg writes Mayank Singh
Jawad Sultan Technologies (JST) has just awarded Towell-take solutions (TTS) the
contract to install an ERP (enterprise resource planning) solution for its
company. Says G Gopalakrishnan, CEO, JST, “When it comes to ERP solutions TTS
has the most cutting edge solutions in the market.” Goplalakrishnan is echoing a
sentiment shared by companies and organisations like Al Maha Petroleum, Telecom
Regulatory Authority (TRA), Muscat Securities Market, National Mineral Water, Al
Nasser Tiles etc, which have tied up with TTS for using its ERP solutions
package – TIMICS.
TIMICS is a state-of-the-art business software solution designed to help an
organisation run efficiently. It helps in defining business parameters and
accommodates changes in the work environment to compete in an ever-changing
market. An Oracle based business software solution, it is an integrated
management information and control system. A 22-year old evolutionary history in
which various enhancements were added to the original package, TIMICS is today
one of the most extensive and through business systems in the market. In
addition as it is designed specially for the Middle East region, its supports
its unique language and business characteristics. Apart from Oman TIMICS has
been well accepted in countries such as Saudi Arabia, Kuwait and India.
TTS has recently launched the new version of its ERP solution – TIMICSnXg. Built
on the Oracle 10g platform, it boasts of a three-tier architecture, web based
application and 55 new features like auditing, improved error handling,
management dashboards and extensive drill down reports. Says Dr Anchan C K, Vice
President, TTS, “For any company looking at a financial package we should be the
first choice.” TIMICSnXg has been developed on the 4D approach – discover,
design, deployment and delight.
On firm ground
The upgrade has a number of factors going for it. In a dynamic business
environment companies are on the lookout for information and the challenge for
any software solution is to offer this to customers. TIMICSnXg makes information
available anywhere and that too at the shortest possible time. In TTS parlance
this is known as CM2 an acronym for capture, manage and move. The software
captures information, manages it and gives it to the customer so that he can
move ahead in his business.
Being a locally developed product, it is tailor made for the requirements of the
Sultanates market. In the ERP market, any business process change of a company
usually leads to a change in the software partner. TIMICSnXg’s core module can
be customised to suit the specialised needs of customers doing away with any
disruption.
Finally, it offers an end-to-end solution for companies. For example the asset
management and asset tracking features of TIMICSnXg can help a company like
PepsiCo to keep an account of its various chillers and coolers in the market and
this information shows up on the ERP system.
Feature heavy
TIMICSnXg is built on the best security platform using the adaptability of CMMI
Level 5. It provides the flexibility to meet changing business needs of any
organisation. It is a bilingual, sophisticated and powerful ERP-business system
which enables an organisation to have multiple divisions and multi-organisational
structure.
Let’s take a closer look at some of its features. The three-tier architecture
means that there is an application server, a data base server and the client.
The application server takes care of things such as general ledger, payables,
receivables etc. The database server manages the entire application process and
all this resides in a single server. Thus the client can log onto the browser
and access the information from anywhere. “Irrespective of whether you are in
Oman or in Jordan, a customer gets access to his sales figure, the day-to day
developments and what is pending at the click of a button,” says Anchan. The
three-tier architecture thus takes care of all the core features of any
financial module.
TIMICSnXg uses insight a tool which breaks down information to the minutest
details. For example total sales of a company can be segregated by region,
product type, value, country, supplier etc. TTS borrowed this feature from Take
Solutions, its partner, based in Chennai, India. Insight is used by blue chip
Indian companies like ITC, Dabur, Parle. A drill down option allows variables
like sales to be broken down to the lowest measurement unit like kilolitres,
grams etc. Says Anchan, “This dynamic analytical tool gives companies the
wherewithal to analyse their data.”
TIMICSnXg also comes with a number of user friendly options. For example a
person does not have to change between multiple screens to shift between
functions. If one is working on an HR page and wants to go to check out purchase
details, he does not need to close the HR page and then open the next one. One
can go to the next page by merely clicking on that user page icon or name (just
like a yahoo or a Google home page).
TIMICSnXg, is a clear win in the ERP market with a third party application
integration facility giving customers a one-stop solution. This ERP could be a
backbone on which any other module can be integrated. The success of TIMICS was
largely due to the fact that being an open structure it fit into multi-segment
requirements of a client. TIMICSnXg boasts of seven core modules and the rest as
business processes giving one an integrated environment. The objective is to
have one process wherein any other add-ons can be plugged in. This latest
generation of TIMICS stands head-to-head with international packages in quality
and accuracy. Says Anchan, “Our aim is to meet business requirements of today
keeping in mind the business needs of tomorrow along with investment protection
and rapid ROI.”
Towell-take solutions a joint venture between Take Solutions and W J Towell
Company brings together deep domain knowledge and a focus on providing vital
solutions for successfully running an enterprise in today’s fast changing world.
It blends its intimate knowledge of the vertical to offer TIMICSnXg ERP, supply
chain management, business process management, data warehousing and business
intelligence.
Take Solutions is a Level 5 SEI-CMMI Company which conducts businesses in nine
countries with more than 150 Fortune 1000 Customers accompanied with a group
strength of 1500 employees worldwide. The Middle East head quarters in Muscat
comprises of 52 dedicated professionals and 120 total all over the Middle East
Region. The company saw a 40 revenue growth and a customer growth of 62 per cent
in 2007. TTS has recently been awarded the “Technology Trendsetter Award” by
Information Technology Authority. And with TIMICSnXg the company is sure to pick
up more such laurels in its trail.
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September
- 2008 |
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Cover Story |
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OMAN BECKONS
Robust economic growth and diversification, has
made Oman a destination of choice for a growing number of CEO’s and senior
executives from developed countries. Visvas Paul D Karra reports |
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Other Headlines |
ON A GROWTH TRAJECTORY
HE Anil Wadhwa, Ambassador of India, Sultanate of Oman speaks to OER’s Mayank
Singh about growing trade relations between India and Oman, emerging economic
opportunities and the obstacles holding back trade |
OPENING NEW VISTAS
Having carved a niche for itself with its ERP
solutions, Towell-take solutions is looking at strengthening its market position
with its latest offering TIMICSnXg writes Mayank Singh |
A man for all seasons
HE Nasser Khamis Al Jashmi, Undersecretary of the Ministry of Oil and Gas is
a man whose world view has been shaped by myriad influences, writes Mayank Singh |
Should banks be allowed to take holidays
for more than two days in a row?
Starting this month Oman Economic Review
is introducing a new column called ‘Debate’. In July, there were two extended
weekends with most establishments remaining closed for nearly three days. We ask
Raghavan K Murti and Krishna K Gupta for their opinion |
Union legislation: Positive Pressure
The government’s decision allowing the formation of labour unions strikes the
perfect balance between protection of workers rights and safeguarding the
interest of employers writes Visvas Paul D Karra |
Nice Guy Syndrome
Leading entails a lot of balancing. one should strike a balance between
being a dictator and a doormat |
Entrepreneur Par Excellence
As a tribute to Sheikh Saud Salim
Abdullah Bahwan Al Mukhaini, the visionary and philanthropist who passed away on
August 20, 2008, we reprint an artcle from OMAN 2006 our annual publication in
which he talks about his life and vision |
A bright future
A well planned approach towards our finances can make our children’s journey
to adulthood that much easier and better. Mayank Singh reports |
Global Talent ADVANTAGE
Recruiting and retaining talent have always been a struggle for global
companies. Today, the challenges are larger than ever. With demand rising and
supply dwindling, companies are finding that the talent issue, especially in
rapidly developing economies (RDEs), is one of their most critical challenges.
By Daniel Friedman, Jim Hemerling and Jacqueline Chapman |
FIRED UP
Enterprises, like human beings, have their own metabolic phases: Growth,
sickness, recovery and decay. Majan Glass – the one and only glass manufacturer
in the Sultanate of Oman – was no exception. Ramesh Kumar and Fatma al Arimi
report |
Life in positive mode
Nilesh Samani loves everything around him, including his family, friends and
his work, writes Visvas Paul D Karra |
Upwardly Mobile
I forgot my mobile yesterday morning. It
brought home to me something I already knew: I’m lost without it. It’s no wonder
then that smart marketers are targeting us through our phones, writes Jon Burke |
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THE BULLISH CASE FOR THE US DOLLAR
The rally of the dollar is having aN impact on the macroeconomic indicators of
countries from Europe to the Indian subcontinent. It also puts a spanner in the
works for oil prices and the northward movement of goods |
Investing in one’s future
The growing demand for new skills sets is
proving to be a big business opportunity for vocational training institutes,
writes Mayank Singh |
Oil and a falling dollar?
Over the past few weeks, the dollar has been rising just as the price of oil
has fallen, setting off much speculation about the implications of both in these
interesting economic times. The phenomena are interlinked to an extent, and both
have some ramifications for Oman |
GCC explores novel solutions to food
crisis
As the import food bill of GCC nations climbs rapidly a number of countries
in the region have started exploring a variety of options to ensure food safety
of their populations in future |
KING OF THE FLEET
It seems that Nissan has been listening to its customers and decided to
make sure that the new Armada wins hearts. writes Malcolm Xavier CRASTA |
Building a portfolio
An early start combined with a planned approach to ones finances goes a long
way in securing the future of ones kids |
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