In today’s competitive business environment, where innovation is key for success and survival, it’s imperative that companies brings successful products and service offerings that provide a high return on innovation, offer a differentiated set of capabilities, and drive superior customer experience. Bringing highly profitable products and service offering to market requires that you excel at all aspects of the product introduction process, from identifying high-value ideas, to developing those ideas into the correct products, to commercializing those products effectively in your sales channels.
Oracle Product Lifecycle Management Cloud and Oracle Product Master Data Management Cloud are suites of solutions that provide a single, integrated product record across the three tenets of a modern product value chain: innovate, develop, and commercialize.
These solutions help you transform fragmented product development processes into product value chains that are driven by information, with full visibility into product information, real-time social collaboration, and cross-functional capabilities that apply to the entire ideation to commercialization process. You can use the following products to support this important business process
Build an innovation pipeline fueled by a steady stream of high-value ideas, which results in profitable offerings. Know more
Manage and coordinate product data and processes so that you can design and develop high-value products.
Rapidly commercialize products that use centralized product information for manufacturing, marketing, and sales across global manufacturing sites, sales channels, and trading partners.