CIMdata PLM Industry Summary Online Archive
9 August 2007
Financial News
Tricorn Grows by 53% in 2006
Tricorn has experienced a staggering 53% growth resulting from the success of its Job Processing Software, ISO Quality Management Software and Tricorn RTS, its Real Time Scheduler.
Developed at Tricorn's Farnham headquarters, the suite of software has proved to be very popular in the UK and Ireland, helping companies to manage their businesses more effectively by monitoring costs, quality and delivery targets. Bill Cooper, founder of Tricorn said, "Our products have reached a new level of maturity, reliability and sophistication which has enabled us to fully satisfy the requirements of potential clients and win a high proportion of them as new customers."
The company is soon to release version 6.3 of its Job Processing Software, which now integrates with Tricorn RTS by using the same database. The advantage for users is the automatic bi-directional updating. A change in a job, or a new job, is automatically reflected in RTS, while events on the shop floor are instantly fed back to the Job Processing Software, providing reliable live information. Managers can use this information to build up a true representation of what is happening in the factory, and at the same time monitor costs to ensure that budgets and delivery schedules are on track.
Providing a cost effective solution for all sizes of engineering businesses has further contributed to success at Tricorn, which has designed its systems to be easy to use and quick to implement. Some users have reported wide ranging benefits, including 50% less work in progress, and a 20% growth in business directly attributable to the software. Other customers have achieved significant reductions in material usage, and 80% improvements in on time delivery, enhancements which all have a direct impact on profitability.
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