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7 November 2002
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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

Cover Story

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

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

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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