That's why Philips Semiconductors, a business unit of Royal Phillips Electronics, a $32 billion electronics manufacturer in Amsterdam, Netherlands, will deploy MatrixOne Inc.'s collaborative product life-cycle management software to more than 5,000 global users to let them collaborate on new products in real time.
Mario Rivas, executive VP for Philips Semiconductors, says MatrixOne Program Management Central, a business-process management tool, and MatrixOne Engineering Central, a design-collaboration tool, will be rolled out to its consumer-products division by July and to all semiconductor sites in Europe, Asia, and North America in 2003.
Implementation of both MatrixOne offerings was recently completed in Royal Phillips' Television Systems group to help manage product development from the earliest stages of design and engineering to marketing, production, and logistics. Results of that deployment prompted Royal Phillips to implement the software to all semiconductor business units, Rivas says. Royal Phillips expects to slash weeks from the three-month production time for some products. The value of the deal wasn't disclosed.