Sopheon PLC Orion Engineered Carbons works with Sopheon
September 09 2020 - 4:55AM
RNS Non-Regulatory
TIDMSPE
Sopheon PLC
09 September 2020
SOPHEON PLC
("Sopheon" or the "Company")
Orion Engineered Carbons works with Sopheon to modernize
Innovation Management
Sopheon's Accolade(R) software will be deployed to users
worldwide
Sopheon , a global leader in enterprise innovation management
solutions, has been selected by Luxembourg-headquartered, specialty
and rubber carbon blacks leader Orion Engineered Carbons (OEC) to
help bolster revenue growth and sustainability. Sopheon's
SaaS-based Accolade platform will replace outdated legacy systems
and drive efficiencies and strategic alignment across OEC's
innovation processes and portfolio growth plans.
With a long history over some 125 years, OEC has existed as an
independent group since it was spun off from Evonik in 2011. Like
many others in the chemical space, OEC's business strategy is
focused around the sustainability of its products and manufacturing
processes, and it has always operated with a passion for delivering
innovative, high-quality customer solutions. The company recognized
the challenges in maintaining a leadership position and meeting
today's dynamic market needs without the agility, alignment to
strategy, and visibility to critical information provided by modern
software systems.
"Sopheon's Accolade software is the best fit for our
requirements. It offers critical support to execute in line with
our chosen strategic direction, as well as seamlessly supporting
knowledge sharing and collaboration across teams dispersed around
the world," said David Deters, CTO at OEC. "No less important, as a
specialty chemicals company we look for "chemistry" with our
partners. We experienced a good cultural fit with the Sopheon team
and were impressed with their knowledge of the chemical industry
and their solid customer base representing companies of different
sizes, including the mid-market."
Pieter Leijten, VP EMEA, added: "It has been proven that
companies that continue to invest wisely during a recession
outperform those that don't. OEC is one of the companies we are
seeing embrace this view, and we are honored that they have
selected us to support the execution of their strategy during this
uncertain time."
Accolade is Sopheon's award-winning innovation management
software that connects people, systems and information across
departments and functions. This cross-functional collaboration and
synchronization results in trusted, timely data for faster, better,
and more dynamic decision making for the world's largest and most
complex enterprises. Accolade has proven its value to thousands of
global users by reducing costs, increasing portfolio value,
reducing time-to-market, and boosting initiative and product
success.
For further information contact:
Barry Mence (Chairman) + 44 (0) 1276 919
Arif Karimjee (CFO) Sopheon plc 560
Carl Holmes/Giles Rolls (Corporate
Finance) + 44 (0) 20 7220
Alice Lane/Sunila da Silva (ECM) finnCap Ltd 0500
Sopheon and Accolade are trademarks of Sopheon plc.
About Sopheon. Sopheon (LSE: SPE) partners with customers to
provide complete enterprise innovation management solutions
including software, expertise, and best practices, that enable them
to achieve exceptional long-term revenue growth and profitability.
Sopheon's Accolade solution provides unique, fully-integrated
coverage for the entire innovation management and new product
development lifecycle, including strategic innovation planning,
roadmapping, idea and concept development, process and project
management, portfolio management and resource planning. Sopheon's
solutions have been implemented by over 200 customers with over
60,000 users in over 50 countries. Sopheon is listed on AIM,
operated by the London Stock Exchange. For more information, please
visit www.sopheon.com .
About Orion Engineered Carbons. Orion is a worldwide supplier of
carbon black. We produce a broad range of carbon blacks that
include high-performance specialty gas blacks, acetylene blacks,
furnace blacks, lamp blacks, thermal blacks and other carbon blacks
that tint, colorize and enhance the performance of polymers,
plastics, paints and coatings, inks and toners, textile fibers,
adhesives and sealants, tires, and mechanical rubber goods such as
automotive belts and hoses. Orion operates 14 global production
sites and has approximately 1,425
employees worldwide. For more information please visit our website at www.orioncarbons.com .
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END
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