Oracle's New Product Development Solution.

• Position: Brief Article

Oracle Corp. has brought out Oracle Product Development Exchange (PDE), a comprehensive collaborative product development and product lifecycle management solution. It allows companies from all industries -- such as manufacturing, construction, retail or graphic design -- to bring team members together to collaboratively develop, design and review projects or products.

Currently, online collaboration is rare. A recent Forrester Research report indicates that only 12 percent of companies are actively using the Web in their product development process. PDE harnesses the power of an exchange environment in which global, multi-company team members can come together to securely share product information, project schedules and performance metrics in real time. For example, a retail company based in San Francisco could, via a Web browser, review a proposed...