Since 2000, over 50 percent of Fortune 500 companies have been acquired, merged, or declared bankruptcy. Changes in the current market conditions are relentless and added to this is increased economic fluctuation. CEOs are asked to constantly improve productivity, lower cost of operation and increase profitability in the midst of these changes.
Companies are rethinking how to execute in order to have a level of operations that meets these changing challenges by automating new and existing business processes, adapting management practices, investing in information systems, and managing better the nature of customer relationships. All the while ensuring that they remain focussed on the Intent of their core business.
WEM, a software application development & deployment platform, is such a technology enabler. With WEM a rapid turnaround from idea to commercialisation is achievable with software applications developed rapidly. This can be valuable for marketing campaigns and promotions, change management, business process automation, new product service introductions into the market, and personalising customer interactions. As an accompaniment for a business to improve its processes, WEM developed software is a quick and flexible enabler that automates the management of processes. The benefits of software automation become evident for maintaining control of a sales cycle from lead to cash, a production cycle from order to delivery, inventory and stock control, knowledge management, fleet control and many other processes, through effective automation when managing a process, communication with stakeholders and execution of actions.
The value of WEM is that it allows a business to meet the challenge of change in the market with its own Intentional changes in days, weeks and months, instead of months and years. As an enabling technology WEM reduces the investment needed to introduce such supporting software from both financial and timing considerations. WEM, a leading rapid development platform, achieves this by converting ideas into new or updated software in a significantly shortened time frame allowing a business to spend more time on its core business and identifying further improvements.
Choosing WEM to support a business effort means the challenge of change in the market will prove to be a valuable use of investment in technology enablers. Flexibility to adapt to the market, a significantly shortened readiness time frame and investment costs, along with a subscription based operational expenditure model, are all characteristics of WEM.