Business Services Industry
NXP Signs Corporate-wide Agreement to Embed Numetrics Tools in Product Planning Processes
Business Wire, March 24, 2008
Multi-Year Licensing of Numetrics Software Suite Enables NXP to Align Targets and Plans, Improve Schedule Accuracy and Drive Towards Higher Profitability
CUPERTINO, Calif., & EINDHOVEN, Netherlands -- Numetrics Management Systems Inc, the leading provider of top-down project planning and schedule risk analysis tools to the semiconductor industry, today announced a 3-year, multi-million Euro agreement with NXP Semiconductors to license Numetrics' NMX-ERP[TM] software suite and professional services. This agreement follows NXP's highly successful year-long evaluation of Numetrics products and services.
"Numetrics tools give us an objective assessment of schedule accuracy and staffing levels on our active projects every quarter, together with an industry benchmark of our product development and planning performance," said Rene Penning de Vries, NXP's Chief Technology Officer. "We value our long partnership with Numetrics which has resulted in an extensive and mature design performance database which NXP applies extensively to project planning processes. This enables NXP to close the loop between actual and planned project development performance and provides us with very high confidence in achieving On-Time delivery, First-Time-Right, for our customers. Fact-based project planning enabled by Numetrics is now consistently embedded in our project management process and is applied to over 100 projects at any given time across all our sites."
The multi-year licensing agreement covers six key products:
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"Numetrics' unique, quantitative approach to schedule risk measurement gives our customers a powerful tool for early identification of unrealistic targets, reducing schedule slip and increasing both revenue and profitability," said Ron Collett, president and CEO of Numetrics. "NXP's decision to broadly deploy our technology is another demonstration of the company's strategy to gain market leadership through operational excellence."
About NXP Semiconductors
NXP is a top 10 semiconductor company founded by Philips more than 50 years ago. Headquartered in Europe, the company has 37,000 employees working in more than 20 countries and posted sales of EUR 5 billion in 2006. NXP creates semiconductors, system solutions and software that deliver better sensory experiences in mobile phones, personal media players, TVs, set-top boxes, identification applications, cars and a wide range of other electronic devices. News from NXP is located at www.nxp.com.
About Numetrics Management Systems, Inc.
Numetrics provides a unique suite of enterprise resource planning (ERP) software to semiconductor companies that enables unprecedented predictability of development schedules, reliably measures project schedule risk, and benchmarks development performance against the industry's best-in-class. In use by six of the top ten semiconductor companies, the solution leverages Numetrics' patented IC design complexity calculation engine, which is calibrated with statistical data from more than 1,200 benchmarked chip projects compiled from nearly 40 semiconductor companies. The Numetrics' NMX-ERP[TM] solution enables superior project schedule estimation, risk analysis, resource planning, execution pipeline analysis and benchmarking. The company is headquartered at Cupertino, CA.
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