Arena Solutions Wins Crossroads A-List Award 2004
Foster City, Calif., May 19 - Arena Solutions today announced that Arena PLM, the company
According to Nina Lytton, president and principal analyst of OSA, “Arena customers tell us that Arena’s on-demand PLM service is faster, better, and cheaper than traditional premises-based PLM approaches. They also report that they have cut development cycles in half, and are now able to push ECOs through two or three times as fast. This type of positive feedback from the field was instrumental in our decision to award Arena with the Crossroads A-List Honor.”
Earning a Crossroads A-List Award positions Arena PLM as a leader in its category. OSA has a unique and comprehensive process of research and validation. Drawing on in-depth interviews with line-of-business and IT executives, the program identifies the newly proven solutions and services that are making the strongest contribution to business results for early customers right now. Interviews with these early adopters are key in determining qualifications for success including deployability, strategic value, quick payback and measurable return on investment. In 2004, the Crossroads A-List Awards program elevated its prestige by identifying only 10 companies as can’t miss opportunities for technology investment.
“Our industry-leading growth of over 300 percent in the last year has confirmed that our on-demand service model of delivery is taking hold in the market,” said Michael Topolovac, chief executive officer of Arena Solutions. “We’re pleased that OSA has confirmed our value proposition by selecting Arena Solutions as a recipient of a Crossroads A-List Award.”
Arena PLM, the industry’s only on-demand PLM solution, is a hosted, web-based service that provides low-risk, high-reward PLM solutions to product manufacturers that are managing multiple parts and suppliers. The Arena PLM solution facilitates rapid product development and efficient product management by unifying fragmented product teams, outsourced partners, and remote suppliers into one cohesive design and manufacturing chain.
About Open Systems Advisors, Inc.
Open Systems Advisors, Inc. (OSA), founded in 1989, helps businesses recognize and realize value from their technology investments. Principal Nina Lytton provides strategic and marketing consulting services for technology vendors, due diligence for venture capitalists, and advisory services for organizations pondering where to innovate with technology vs. where to emulate best practices. OSA conducts the Crossroads A-List Research and Awards program on an annual basis, recognizing the best newly proven IT solutions for today’s business challenges. The company can be reached by sending email to firstname.lastname@example.org.