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Ingersoll Rand Expands aPriori Product Cost Management Deployment to All Business Segments

Dépèche transmise le 17 octobre 2011 par Business Wire

CONCORD, Mass.--(BUSINESS WIRE)--aPriori, a provider of product cost management software solutions, today announced that after only eight months of use, Ingersoll Rand, a world leader in creating and sustaining safe, comfortable and efficient environments, has chosen to significantly expand its deployment of aPriori’s software platform to all businesses within Ingersoll Rand. The aPriori software provides Ingersoll Rand with detailed product cost visibility throughout its entire product development process.

“The rapid success of aPriori at Ingersoll Rand is clear evidence of the extremely strong return on investment that our product cost management platform delivers”

According to a recent report by Aberdeen Group, Using Cost Analytics to Keep Engineering on Schedule and Budget, best-in-class manufacturing companies enjoy significant advantages over their peers when it comes to reducing product costs, meeting product quality targets and releasing products on time. Aberdeen attributes this advantage primarily to increased visibility to cost drivers within engineering and beyond in these companies and the improved decision making that results from it.

aPriori’s Product Cost Management software platform provides Ingersoll Rand design, engineering and sourcing personnel with real-time product cost information at a detailed level. This helps them identify quantifiable savings when evaluating alternative designs, manufacturing processes and supply chain sources so they can attack cost at the point of origin where it yields the greatest possible impact on product cost reduction.

“The rapid success of aPriori at Ingersoll Rand is clear evidence of the extremely strong return on investment that our product cost management platform delivers,” said Stephanie Feraday, aPriori’s president and chief executive officer. “Most users find that aPriori is very intuitive, and they can be productive in a matter of days or weeks. As the product cost savings start adding up, the management team quickly realizes that they can save significant sums of money if they get the tool in the hands of everyone that makes decisions impacting product cost.”

About Ingersoll Rand

Ingersoll Rand (NYSE:IR) is a world leader in creating and sustaining safe, comfortable and efficient environments in commercial, residential and industrial markets. Our people and our family of brands—including Club Car®, Ingersoll Rand®, Schlage®, Thermo King® and Trane® —work together to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and increase industrial productivity and efficiency. We are a $14 billion global business committed to sustainable business practices within our company and for our customers. For more information, visit www.ingersollrand.com.

About aPriori

aPriori software and services generate hard-dollar product cost savings for discrete manufacturing and product innovation companies. Using aPriori’s real-time product cost assessments, employees in engineering, sourcing and manufacturing make more-informed decisions that drive costs out of products pre- and post-production. With aPriori, manufacturers launch products at cost targets, maximize savings in re-work projects and never overpay for sourced parts.

To learn more about aPriori and its product cost management solutions and services, visit www.apriori.com or call 1.978.371.2006. To see an overview demonstration of aPriori, click here.

aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc. All other trademarks, registered trademarks or service marks belong to their respective holders.

Business Wire

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