Majority of Tensoft's New ERP Customers Choose the Cloud in 3rd Quarter
SaaS Subscription Model Now Top Delivery Mechanism for Tensoft's New Fabless Semiconductor as Well as Software Customers
| Source: Tensoft, Inc.
SAN JOSE, CA--(Marketwire - October 1, 2009) - Tensoft (http://www.tensoft.com), a leading
end-to-end ERP and supply chain solution provider for semiconductor and
other high tech manufacturing entities, announced today the addition of
four leading fabless semiconductor firms to its customer list in the third
quarter. Three out of these four fabless customers chose to implement both
Tensoft and Microsoft offerings using Tensoft's on-demand model over an
on-premise installation. In this tough economy, cloud computing delivery
means reduced implementation costs, and no upfront investment in servers or
software licensing.
"The trend towards cloud computing delivery for our fabless customers is
significant," said Tensoft CEO Bob Scarborough. "We've seen most of our
software industry customers choose a cloud/SaaS model for some time now,
but this is a new trend for our fabless customers. Cost-effectiveness is
certainly a driver in this decision, but so is our customers' confidence in
Tensoft and its ability to deliver a safe, viable offsite SaaS delivery of
our ERP and supply chain solutions."
ViXS, a leading Toronto fabless semiconductor firm and one of Tensoft's new
customers, chose to implement three Tensoft products using the SaaS model,
which delivers online functionality via subscription licensing: Fabless
Semiconductor Manufacturing (FSM), High-Tech Dashboard (HTD) and Revenue
and Deferral Management for Distribution (RDM-D). "We chose Tensoft because
of their proven ability and reputation for providing industry-specific,
end-to-end ERP via a SaaS model," said Eric Erdman, ViXS CFO. "Tensoft FSM
offers functionality -- including semiconductor operations management,
distributor Point Of Sale analysis, and executive dashboards -- that's
essential to our corporate goals, and the on-demand model gives us access
and support for our global operation."
Streamlined Delivery, Strong Products
Provided as a managed service offering in a high-availability environment,
Tensoft's business software suite enables fabless semiconductor customers
to run their accounting and financial, customer service, operations,
production control and planning activities all on one turnkey system.
Tensoft FSM is a web-based solution, designed to support both fabless and
traditional semiconductor manufacturing operations. A clear leader in its
field, FSM supports the semiconductor industry's unique financial,
manufacturing and supply chain needs using a highly scalable design.
Tensoft HTD combines unmatched visibility and a cohesive and in-depth
summary level financial analysis with sophisticated reporting efficiency.
Complete decision support is provided with options for a customer-specific
layout, along with drilldown functional dashboards, charts and warning
indicators. Tensoft RDM-D is designed for companies that sell through
distribution, improves the efficiency and accuracy of complex revenue
models while completely eliminating error-prone spreadsheets and manual
processes.
Microsoft Dynamics is a line of financial, customer-relationship and
supply-chain management solutions that help businesses work more
effectively. These integrated, adaptable business management solutions work
like and with familiar Microsoft software to streamline processes across an
entire business.
About ViXS Systems Inc.
ViXS Systems Inc., www.vixs.com, a leading fabless semiconductor company
headquartered in Toronto, Canada, innovates technologies for processing,
managing, securing and distributing high-quality video and audio allowing
seamless multimedia control, conversion, and connectivity between any class
and size of digital entertainment device. The company supplies advanced
system-on-a-chip semiconductors, software solutions and hardware reference
designs for the world's top manufacturers of Digital TVs, DVDs, set-top
boxes, personal video recorders, PCs, network attached storage devices,
residential/home gateways and Blu-Ray players/recorders.
About Tensoft
Tensoft, Inc. specializes in innovative, end-to-end business management
solutions for the semiconductor, high tech and software industries. These
focused technology industry solutions have been created by converting
broad, horizontal ERP functionality to the specialized needs of the
technology industry. Founded in 1996, Tensoft delivers results tailored
specifically to each customer's needs. The company sells its products
directly to customers and partners with established firms in the U.S.,
Canada, and Europe to re-sell and provide local support for its products.
For more information, go to http://www.tensoft.com or call (888) 450-4030
X406.