KTI's Explosion in Demand for Knowledge-Based C-Commerce

Knowledge Technologies International (KTI), CEO Garreth Evans revisits the "Knowledge Revolution" forecast given at last year's conference and heralds even more changes in areas of Collaborative-Commerce and Knowledge-based Process Automation.

The success of so many technologies is based on customer demand driven by project cycles or market conditions outside most businesses' control; this cyclic dependency has heralded the death knell for many promising businesses in the past. The pattern of events is all too familiar - the market contracts, customers sell less and before long, marketing and IT budgets are slashed and the food chain dries up.

"Whether in recession or growth, boom or bust makes little difference to demand for Knowledge-Based Process Automation technologies, process excellence is vital no matter what stage you are at in your business," said Garreth Evans. "Companies experiencing either of these circumstances need to constantly revise and manage their processes and Knowledge assets more effectively."

Garreth's Keynote presentation will review the predictions for these emerging technologies given at last year's Daratech Conference and will update the audience on the meteoric growth of the latest technology to hit the market - Knowledge-Based Process Automation and Execution. KTI's customers regularly enjoy process time saving in excess of 90% with huge cost reduction and improved levels of product innovation.

Garreth adds, "When market conditions are less favorable, companies have to compete more effectively to get the business that's still on offer; this invariably requires more to be achieved with fewer resources and at lower costs, therefore processes are re-engineered and streamlined to suit business plans. Alternately, when business booms, any CEO will want to tighten their grip on the market and managing growth becomes the major challenge, the common denominator again is Process Change and Automation."

KTI has experienced demand double quarter-on-quarter since its Knowledge-based Process Modeler (KPM) was released a year ago. Its flagship product, The ICAD System, the world's leading Knowledge-Based Engineering (KBE) tool is also set to break records this year. New partnerships and alliances will be announced at the conference and working membership with BPMI.org and MOKA are expected to accelerate the adoption of these technologies as the new "Business Operating System" for any business in any industry.

KPM provides Knowledge-Based process definition, management and execution capabilities. Using KPM, organizations set up and dynamically control complex processes across its entire value chain. KPM was developed specifically to manage knowledge-based decisions, procedures and change, together with the conflicts that will arise during process execution. With KPM's emphasis on process management and not just information management, business processes can be conceptualized, tested and simulated before and during operation, on-line, real time changes can be made without the need to stop processes. KPM's unique dynamic scheduler can simulate, forecast and resolve all resource conflicts whether they are human, software or equipment. Once implemented, the same business processes can be monitored and measured, allowing the process owners to make ad hoc changes as required during every step of the overall process. This provides businesses the ability to make constant process changes on a monthly, weekly or even hourly basis without stopping any processes or unduly distracting the organization.

About KTI

KTI is the technology powerhouse behind the Knowledge Revolution, and the world's most successful provider of software and services empowering Knowledge-Based Organizations (KBOs). KTI technology allows enterprises to capture their Intellectual Capital and deploy it intuitively to control complex processes. The benefits are massively compressed time scales, huge cost savings, enhanced creativity and optimized products, resulting in "audited", documented, repeatable and fully understood processes and best practices. KTI technology is now considered by many companies to be a vital asset in the drive to constantly improve their offer and keep ahead of the competition. Using KTI process automation software, global market-leading companies in aerospace, automotive and other industries have become pioneers in creating customer-driven products, right first time - every time.

Registered in Luxembourg, the company operates from offices across the United States, Europe and Asia. KTI's world-wide client base includes AIC, Airbus UK, Corus, EADS, Embraer, Fiat, Ford, GM, Jaguar Cars, Lotus Cars, Pratt & Whitney, Rolls-Royce, Sikorsky, Tata, Trico and many others. For more details see: www.KTIworld.com.

About daratechSUMMIT 2001

daratechSUMMIT has grown since its launch in 1986 to be the highest-level, most definitive conference on time-to-market compression and product creation process re-engineering made possible by the application of information technology solutions. In this role, daratechSUMMIT is an important international forum in which real-world user cases - successes and failures - are presented and discussed, and where IT solution providers' latest vision, philosophy and technologies are unveiled by industry CEO's to senior engineering and manufacturing executives for comparison and assessment.

Contact KTI, Keith Watson, 44(0) 1707 892731, keith.watson@ktiworld.com.