/24-7PressRelease/ - SAN JOSE, CA, July 16, 2008 - Selectica (NASDAQ: SLTC), a leading provider of sales and product configuration and enterprise contract lifecycle management solutions, has released a new Modeling Development Environment (MDE) as a value-added enabler for the Selectica Configurator 9.2 sales configuration engine. MDE is Selectica's next-generation automated configuration modeling environment based on the Selectica Knowledgebase Development Environment (KDE), and was developed to automate the tedious and error-ridden process of manually modeling product configurations. Selectica customers report that automated configuration modeling using the MDE infrastructure shortens time to model new products or implement part or supply-chain changes, and uplevels the modeling structure to give product managers more control.
MDE is designed as an automated modeling system that enables auto-generation of product models without human intervention. MDE allows product managers to consolidate modeling data from multiple sources, such as Web forms, bills of material (BOMs), Excel spreadsheets, and databases, and create an automated process to generate product models. The result is a "touch-less" product modeling process that can automatically track and validate part and design changes, allowing managers to update the sales configuration system as often as needed without having to manually build individual product models.
By abstracting product details using MDE, product managers can save hundreds of hours normally required for manual product modeling. MDE includes built-in validation checks to guarantee the integrity of design and supply-chain rules such as power requirements, dimensional specifications, memory requirements, and other dependencies. As a result, Selectica customers can completely automate their product knowledge base, shortening time for new product introductions and change management from months to days.
Implementing MDE also means that product managers can continue to use the tools they are familiar with, such as spreadsheets and web forms, to enter product and supply chain changes. MDE automatically models those changes based on whatever sources it is programmed to track. The system also ensures that any changes always reflect a perfectly buildable order, which eliminates margin erosion from returned orders, non-buildable products and assemblies, and associated shipping overhead. Selectica executives expect customers to realize an ROI on automated configuration modeling in a matter of months.
"Over time, products have become increasingly complex, with countless combinations that have to be enforced by interdependent engineering, manufacturing, and marketing rules," said Pravil Gupta, Selectica's CTO. "And to stay competitive, manufacturers are changing business rules more frequently. With MDE, we give product managers greater control over their products letting them convert complex data and business rules into a user-friendly application that lets them make changes as often as they need to, without the tedium of manually building product models."
The MDE user interface supports the Selectica Configurator, which uses a declarative constraint engine to provide a fast, efficient, and compact method of describing the most complex business processes. Where rules-based sales configuration engines must apply a linear process, which makes it difficult to accommodate changes in configurations, a declarative constraint engine allows users to model business logic directly. In this way, users can set parameters once and be assured that the business rules remain in force. The Selectica Configurator is ideally suited for configuring the most complex products and services. For example, a current customer uses the system to manage nearly 7 trillion product combinations without error.
For more information about the Selectica Configurator and the Modeling Development Environment, visit Selectica's web site at http://www.selectica.com.
Investor Contact:
Scott Wilson, 415-785-7945, ir@selectica.com
Media Contact:
Tom Woolf, 415-259-5638, pr@selectica.com
About Selectica, Inc.
Selectica (NasdaqGM:SLTC - News) provides its customers with software solutions that automate the complexities of sales configuration and enterprise contract management lifecycles. The company's high-performance solutions underlie and unify critical business functions including sourcing, procurement, governance, sales and revenue recognition. Selectica has been providing innovative, enterprise-class solutions for the world's largest companies for over 10 years and has generated substantial savings for its customers. Selectica customers represent leaders in manufacturing, technology, retail, healthcare and telecommunications, including: ABB, Ace Hardware, Bell Canada, Cisco, Covad Communications, General Electric, Hitachi, Juniper Networks, Levi Strauss & Co., Rockwell Automation, Tellabs, and 7-Eleven. Selectica is headquartered in San Jose, CA. For more information, visit the company's Web site at http://www.selectica.com.
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