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Cosworth Ltd. and Pi Group Ltd. Accelerates the Implementation of SAP with CIBER UK’s mySAP All-in-One Solution

Hinckley, UK - July 5, 2005 - Cosworth Ltd and Pi Group Ltd will introduce CIBER’s mySAP All-in-One solution to drive efficiencies throughout their businesses, with support for 650 users across sites in Northampton, Cambridge and the United States. The Pi Group of companies is comprised of Pi Research, manufacturers of high-performance electronics for the motorsport and related markets and Pi Technology, a professional services-based project business, focused on the design and development of electronic systems.

Cosworth have previously been operating an ageing disparate MRP solution with a myriad of bespoke products and proprietary software applications. The systems were not intuitive and based on old fashioned technologies – many were not Windows based – also, they were not dynamic and did not provide data in real time. Jeremy Hill, Head of Business Systems comments “Accessing information was a real challenge with masses of information held in data stores that provided limited intelligence. It was also widely acknowledged that the lack of integrated systems would not support the evolving needs of the business.”

The mySAP All-in-One solution will replace and embrace the current Cosworth and Pi systems, providing a mass rationalisation of the existing standalone systems to provide a single integrated enterprise-wide solution, covering Sales & Marketing, Finance & Commercial, Engineering & PDM, Projects, Planning & Production, Logistics, Procurement, Closed Loop Quality, Documents Management, CAD integration, Business Intelligence and HR.

Jeremy comments “The key business challenges facing Cosworth and Pi are driving costs down, reducing waste, establishing best practices and improving business performance. Our new SAP system will not only address these issues but also allow us to gain additional flexibility with improved planning and reporting.” Cosworth is a well known supplier to the Formula One program, supplying engines for both Red Bull Racing and Minardi, but they have big ambitions to diversify the business interests away from purely race engines and have identified internet selling of performance parts as one area of opportunity that they want to develop. Jeremy added “Whilst extending it’s footprint into new revenue streams, Cosworth is also looking carefully at it’s cost structure and ways of developing cost efficient, best practice business processes, bringing both accountability and focus to all costs within the organisation. The SAP implementation will act as a key catalyst for change”.

CIBER’s mySAP All-in-One solution shows a comprehensive coverage extending well beyond the bounds normally associated with an ERP solution. Alan Miller, Sales Director, CIBER UK, comments, “mySAP All-in-One will allow Cosworth and Pi to benefit from a pre-packaged industry-specific version of mySAP Business Suite, allowing them to be confident that their solution is built to meet the specific needs of their organisation and marketplace, with a cost-effective, low-risk and rapid approach to implementation.”

Alan continues “Equally the solution extends beyond improving the integration of the current legacy footprint and it’s capability by additionally providing cradle to grave PDM, fault recording and business improvement solutions, an integrated projects driven solution with improved planning, an integrated framework of cost management, portal technologies, Knowledge Management, Integrated eCommerce capability, a comprehensive business intelligence capability providing the ability to build web based management dashboards and integrated inter-company trading processes.”

Cosworth and Pi decided on the most appropriate solution for their business after initially arriving at a short list of five different ERP vendors and a detailed scoping exercise conducted on three. The options considered included SAP and a range of other competitive ERP products. Jeremy Hill comments “Many parts of the enterprise are engineering driven and a key factor in our decision was to choose a business system that included PLM (with CAD integration) as a core business process. We chose SAP because of the depth and breadth of the functionality offered and we felt it was the long-term choice, with practical, useable and differentiating functionality that will take us forward, which ever way we steer the businesses.”

Jeremy continues “Other competitive ERP systems felt restrictive and we were confident in CIBER as a strategic partner from their wealth of experience in deploying SAP systems in similar businesses to our own. We also recognised that a long-term partnership with CIBER will be essential to get the most out of the system.

Jeremy stated “We were surprised at the cost of an SAP solution. It was actually more cost effective for us to buy a mySAP All-in-One solution than it was to purchase a cheaper ERP solution that would require additional bolt on applications such as PLM, HR, etc. - and you benefit from true integration which is a key factor in our replacement business management systems. After a detailed investigation, we changed our perception of SAP and felt it was the best value for money based on our business requirements.”

The anticipated benefits that the mySAP All-in-One solution will provide include:

  • Scalability for future growth and acquisition
  • Establishment of cross-company synergies
  • Ability to support specific divisional requirements as necessary
  • Shared best practice & knowledge
  • End-to-end information backbone and ‘data-in-once’
  • Elimination of waste and improved business performance
  • Improved financial management and awareness
  • Improved reporting and decision making
  • Supports effective teamwork, collaboration & knowledge management.
  • Leading edge & collaborative technologies

The implementation approach is an essential and intrinsic element of the mySAP All-in-One solution ensuring a low risk, cost-effective and efficient implementation. The approach combines SAP's own well tried and tested methodology with CIBER’s own package solution enhancements that have been developed through its considerable experience of delivering over 50 SAP solutions into the mid-market over the past nine years.

About Cosworth Limited

Cosworth celebrated its 45th year at the top of the world motorsport stage in 2003. During that time, Cosworth has established itself as the most successful engine manufacturer in Formula One as well as achieving numerous successes in CART, Indycars and the World Rally Championship.

Cosworth moved to its current Northampton base in 1964, with a staff of approximately 40 people. Nowadays it has in the region of 425 staff based both in the UK and US and has some of the most technologically advanced design, manufacture and test equipment in motorsport. For further information visit: www.cosworth.com.

About Pi Research

Pi Research designs and manufactures performance electronics and software products for use in every motorsport application, from karting to Formula 1. Pi Research uses its skills and broad experience in helping race teams and drivers go faster by providing electronic data loggers, controllers, sensors, instrumentation and analysis software. Many Pi Research products are generally accepted as the motor racing industry standard and are found on race cars, in pit garages, wind tunnels, race car assembly and R & D facilities all around the world. For further information visit: www.piresearch.com.

About Pi Technology

Pi Technology is a world leader in automotive electronic systems development, providing product development, engineering services, specialised test equipment, and consultancy. Pi Technology's work covers a wide range of electronic modules for powertrain, infotainment, and alternative fuels applications. Pi Technology has considerable experience of development projects of all kinds, including systems engineering, advanced technology demonstrators, production designs, and fast-track projects where time-scales are tight and milestones important. For further information visit: www.pitechnology.com.

About CIBER UK

CIBER UK began its relationship with SAP in 1996 as one of the first VARs to be appointed by SAP in the UK. Since then, CIBER UK has implemented over 50 SAP systems and boasts an impressive list of customers including B·A·R Honda, Bookham Technology, Martin Baker, Claverham and BAE Systems Land Systems (Weapons & Vehicles) Limited.

CIBER UK’s twenty years’ experience in the manufacturing and sophisticated engineering environment has enabled CIBER to be amongst the first in the world to deliver pre-packaged industry focused SAP solutions, creating templated mySAP All-in-One solutions for Aerospace and Defence, Sophisticated Engineering and Hi-Tech Manufacturing.

CIBER UK was founded in 1982, and through their strong partnership with SAP has become one of its most successful VAR’s in the world. CIBER UK is also the leading SAGE Line 500 reseller and software author of customer interaction solutions. In the UK, CIBER employs 250 people, achieves revenues around $56 million. Worldwide CIBER has over 8000 employees (with more than 1000 dedicated to SAP) and revenues of $950 million.

For further information visit: www.ciber.com/uk.

Forward-Looking and Cautionary Statements
Statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the company's filings with the Securities and Exchange Commission. CIBER undertakes neither intention nor obligation to publicly update or revise any forward-looking statements. CIBER and the CIBER logo are trademarks or registered trademarks of CIBER, Inc. Copyright© 2005. All rights reserved.

 

 

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