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Revision as of 17:21, 19 March 2009
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| File:Epicor-logo.png | |
| Company type | Public (Nasdaq: EPIC) |
|---|---|
| Industry | Computer software |
| Founded | 1984 |
| Headquarters | Irvine, California |
| Key people | L. George Klaus, Executive Chairman Thomas F. Kelly, President & Chief Executive Officer |
| Products | ERP |
| Revenue | $429 million USD (2007) |
| Net income |  $23.8M FY (2006) |
| Number of employees | 3,000 (2008) |
| Website | www.epicor.com |
Epicor (Nasdaq: EPIC) develops a range of enterprise software solutions targeted at midmarket companies primarily in the manufacturing, distribution, retail, hospitality and services industries. The company is headquartered in Irvine, California and was founded in 1984 as Platinum Software Corporation. In the late 1990’s, executives made some strategic acquisitions to help evolve Platinum from a provider of financial accounting systems to a provider of end-to-end enterprise solutions. To help solidify the transformation, the company went through a name change. In May 1999, Platinum Software changed its name to Epicor Software Corporation.
Following are some of the company's notable acquisitions/divestitures:
- 1997 - Acquired Clientele Software Inc. (Clientele is a CRM solution for managing customer-centric processes, with modules for support, sales, marketing and self-service)
- 1998 - Platinum Software Corporation and DataWorks Corporation merger extends company's manufacturing ERP offering
- 2001 - Sold Platinum for Windows (PFW) to Best Software, which was the name then used by the US branch of Sage Software
- 2002 - Acquired procurement and sourcing solutions from Clarus
- 2004 - Acquired Scala Business Solutions expanding company's global presence to 140+ countries
- 2005 - Acquired CRS Retail Systems, Inc. adding point-of-sale solutions to its retail offering
- 2008 - Epicor Completes Acquisition of NSB Retail Systems
Epicor was named in Business 2.0 magazine's 2007 list of the 100 fastest-growing technology companies (this is the company's second consecutive year on the list). In 2006, Epicor also made Fortune's 100 fastest-growing companies list.
Epicor Business Software Solutions
Employing innovative service-oriented architecture (SOA) and Web services technology, Epicor delivers end-to-end, industry-specific solutions. Integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and professional services automation (PSA) enterprise software solutions drive increased efficiency and improve performance. Epicor’s enterprise software delivers unprecedented Business Management and supports continuous performance through real-time, role-based and in-context Business Intelligence. Epicor’s business software solutions provide a single point of accountability and help achieve maximum optimization and performance across your entire enterprise, whether operating on a local, regional or global scale.
Enterprise Resource Planning Enterprise resource planning (ERP) software systems automate and optimize business operations by integrating all or the majority of the data and processes of an organization into a single unified solution in order to maximize profitable growth. This type of ERP system delivers a single end-to-end software solution for business.
Supply Chain Management The primary purpose for the existence of any supply chain is to satisfy customer needs and business profits. Epicor offers an extensive range of Supply Chain Management (SCM) software as part of their end-to-end ERP solutions. Epicor SCM is complemented by an array of enterprise capabilities, including customer relationship management (CRM), supplier relationship management (SRM), and supply chain execution (SCE).
Retail Management Retail enterprise software helps retailers improve visibility across the entire chain. In the retail sector, an ERP solution is much more than financials and human resources – it also includes point-of-sale, inventory management, warehousing and distribution, merchandising, CRM and the centralization of information management.
Service Management Service management solutions help coordinate all service center processes to secure the best usage of resource and material, at the right time, for the lowest possible cost, with the greatest return, all leading to improved customer satisfaction. Epicor service management software supports lean service organization requirements with comprehensive escalation management that enables management of customer service level agreements.
Enterprise Performance Management Enterprise Performance Management (EPM) solutions help businesses establish financial and operational targets and the ability to deliver performance results in a timely manner to everyone in the organization that can impact those results. Epicor EPM provides a complete set of tools and applications that let you plan, execute, and analyze at both strategic and tactical levels – aligning business activities with business goals.
Human Capital Management Human Capital Management (HCM) refers to solutions that manage an organization's most valued assets – its employees – in a strategic and coherent manner. Epicor HCM solutions deliver software support for all employee related functions whether distributed or centralized. Human Capital Management enables organizations to manage a geographically dispersed workforce in a global manner, ensuring support for various local payroll and legal reporting requirements.
IT Service Management IT Service Management (ITSM) helps ensure business goals are met and value delivered by providing both the business and the IT department with a common set of best practices and tools. ITSM also plays a key role in compliance management. With regulatory and legal requirements such as SOX, BASEL II, COBIT, ISO/BS, and HIPAA organizations need to provide transparency and accountability in business processes and corporate accounting.
Governance, Risk and Compliance Legal, regulatory and supply chain mandates continue to be a challenge for some organizations. Implementing governance risk and compliance (GRC) strategies helps control risk, effectively handle regulatory compliance and ultimately drive business performance. US Congress passed the Sarbanes-Oxley Act of 2002 (SOX) comprising eleven sections, ranging from corporate responsibility and reporting to auditor independence and compliance certification. SOX Compliance was primarily designed for public companies, regardless of size, it clearly continues to have far-ranging implications for private firms as well.
Professional Services Automation Professional Services Automation (PSA) helps companies proactively plan projects and make more informed decisions particularly when matching skills and availability to project needs. This type of software helps minimize non-billable hours, maximize revenues, better plan projects and produce more profitable engagements while increasing customer and staff satisfaction.
Service-oriented Architecture Service-oriented Architecture (SOA) is an approach to developing enterprise software applications in such a way that software processes are broken down into services which are then made available and discoverable on a network. SOA addresses the complexity, inflexibility, and weaknesses of existing approaches to business process design, workflow, and application integration.
External links
References
- ^ "Corporate Profile". Retrieved 2008-07-15.
- "Epicor(R) Reports Record 2006 Fourth Quarter and Full-Year Earnings". 2007-01-30. Retrieved 2007-04-17.
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