Sopheon PLC New Approach to Product Development with Accolade
29 June 2017 - 4:01PM
RNS Non-Regulatory
TIDMSPE
Sopheon PLC
29 June 2017
For immediate release
California Olive Ranch Takes a Fresh Approach to Product
Development with Sopheon's Accolade Software
Deployment Highlights a Desire for Simplicity and Discipline as
the Company Navigates a Trajectory of Growth
MINNEAPOLIS-June 29, 2017-Sopheon, the international provider of
software, expertise, and best practices for Enterprise Innovation
Performance, today announces that California Olive Ranch Inc., the
largest producer of extra virgin olive oil in the United States,
has selected and deployed Sopheon's Accolade(R) Express software to
enhance the management of its new product development (NPD)
processes.
Founded in 1998, California Olive Ranch has pioneered new ways
of cultivating and harvesting olives in order to make extra virgin
olive oil premium and affordable. The company has developed its own
ranches and has helped family farmers throughout Northern
California develop previously unusable farm acreage into olive
orchards. Led by a CEO who transitioned from the high-tech world to
the farming world, the company leverages time honored farming
techniques while fully embracing modern technology.
The success of the company in recent years, together with
expansion into new markets and food product sectors, has resulted
in impressive growth. While a positive step, this has added
complexity to once simple to manage product development processes.
As the company scales to meet aggressive plans for further growth,
California Olive Ranch elected to partner with Sopheon to implement
and digitize newly-designed planning and operational execution
processes designed to enhance its ability to execute on its growth
strategy and further advance its leadership position in the
market.
"Sopheon is helping us to scale but still keep things simple,"
said Mary Bolton, Director of Technical Services. "Using the
best-practice new product development processes and document
templates built into the Accolade Express software, we are
collecting the information we need for good, collaborative
decision-making and are defining and operationalizing new and more
efficient processes across the company. With a small amount of
training, we have been able to configure these standard processes
and templates to incorporate our language and make them 'ours'
without making things complicated."
Reflecting on the implementation, Ms. Bolton stated: "We love
the ease of use and capabilities of the software. It's giving us
discipline, providing visibility into project status and progress
through reporting and analytics dashboards, and enabling more
efficient decision making across the lifecycle of our development
projects. Looking to the future, we are becoming aware of how we
could extend the use of Accolade to different types of projects
beyond new product development."
Sopheon and Accolade are trademarks of Sopheon plc.
For further information contact:
+ 44 (0)
Barry Mence, Chairman 1276 919
Arif Karimjee, CFO Sopheon plc 560
Carl Holmes/Giles Rolls
(corporate finance)
Mia Gardener (corporate + 44 (0)
broking) finnCap 20 7220 0500
About Sopheon. Sopheon partners with customers to provide
complete Enterprise Innovation Management solutions including
patented software, expertise, and best practices to achieve
exceptional long-term revenue growth and profitability. Sopheon's
Accolade(R) solution provides unique, fully-integrated coverage for
the entire innovation management and new product development
lifecycle, including strategic innovation planning, roadmapping,
idea and concept development, process and project management,
portfolio management and resource planning. Sopheon's solutions
have been implemented by over 250 customers with over 60,000 users
in over 50 countries. Sopheon is listed on the AIM Market of the
London Stock Exchange. For more information, please visit our
www.sopheon.com.
# # #
This information is provided by RNS
The company news service from the London Stock Exchange
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