Product lifecycle management users and project management managers are getting a boost this week with new functionalities from Oracle Corp.
At its AppsWorld London conference Oracle, of Redwood Shores, Calif., announced Tuesday the availability of its Oracle Advanced Product Catalog that expands the collaboration tools available with Oracles PLM software.
The company also announced new additions to its Project Management family of applications, which works in conjunction with its PLM software.
Part of Oracles E-Business Suite, the expanded PLM functionalities include a centralized global catalog that centralizes all product and component information into a single catalog.
Included are new functionalities for roles-based security, advanced parametric search capabilities and closed loop change management for reducing the Engineering Change Order cycle.
The Advanced Product Catalog is at the core of Oracles PLM apps, which also include namesake CADView-3D that provides visualization and mark-up capabilities for 2-D and 3-D modules, Oracle Project Management, Project Collaboration, Collaboration Suite, Sourcing and Configurator.
Project Collaboration allows team members to report and track project status, publish status to all project members—including suppliers and design partners—and manage changes.
Sourcing simplifies negotiation of supplier contracts with online collaboration while the Collaboration Suite provides document management, messaging and collaboration applications.
Oracle Configurator manages configuration rules for complex products and services.
Separately, Oracle announced expanded Project Management offerings—also part of the E-Business Suite—that provide the information necessary for managing project work, including financial information, project schedules, progress reports, staffing plans, documents, issues and changes.
Upgrades to Project Management include Project Collaboration and Project Intelligence modules.
Project Collaboration helps internal and external team members collaborate while Project Intelligence delivers a daily summary of key project metrics including revenue, cost, margin, bookings, backlog and utilization.