The worldwide human machine interface (HMI) software and services market, which totaled over $926 million in 2007, will reach over $1,430 billion in 2012, outperforming the industrial automation marke
Centric and Hokura to Focus on Fashion Industry Services Delivery
-- Business & Technology News, 9 July 2008
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Centric Software, a provider of product lifecycle management (PLM) solutions for fast moving consumer goods industries, announced that it has entered into a partnership agreement with Hokura LLC, a provider of retail supply chain automation and compliance management software and services. Under the terms of the agreement, Hokura will deliver value-added implementation and integration services to Centric customers in the fashion and retail markets. According to Centric, customers who purchase Centric’s comprehensive solution suite, tailored specifically to address the PLM requirements of the fashion and retail industries, will have the option to leverage Hokura’s domain expertise within those industries. “Centric’s solutions are known for their rapid implementation cycles and their ease of connectivity to other data sets within the customer environment,” said Ric Lara, CEO of Hokura LLC. “These characteristics, combined with our expertise in implementing best-practice business processes within the apparel, fashion, retail, and other fast moving consumer goods markets, will provide exceptional value for companies seeking to optimize their new product introduction, global sourcing, and other processes with a world-class PLM implementation.” “Our partnership with Hokura represents an important milestone in our plan to lead the PLM industry for fast moving consumer goods companies,” said Chris Groves, president and CEO of Centric Software. “Hokura’s talented people will deliver valuable knowledge to our customers with a quick time-to-value, which is fundamental to our business philosophy. Their business process expertise, combined with the rich functionality and extensibility of our solution suite, will help customers realize the benefits of a complete PLM solution designed specifically for fast moving consumer.”