EDC Technology and the Education Market

April 7, 2011 | By | Add a Comment

EDC Technology and the Education Market, Expanding to reach others

Anthony Brass

EDC Technology has a long tradition of educating the educators on development and delivery of software technology and services. Their current growth, coupled with innovative product and newer strategies, is about to enhance their future vision.

EDC Technology for decades has serviced the higher education market. They have also provided administrative software and port services to K-12 schooling, larger industrial organizations, government, corporate training and IT.

The core product is with student information systems (SIS) and ERP platforms, including portals and web services, with access to information and data for faculty, students and administrators. Their CampusAnywhere, TextAnywhere, and DocAnywhere (converting documents to digital files) have fostered the improved organization of data and information for their small to mid-sized university clients.

“Some of the things that we’ve done that are innovative to our product are, for instance, TextAnywhere and DocAnywhere, where recently we’re actually taking areas where people are buying whole platforms, and we’re trying to make them more integrated within our overall platform,” says Jay Sebben, president and CEO of EDC Technology.

“It may not be as robust—like a document imaging system that you would license for $100,000—but it’s going to be more targeted toward what you’re actually going to use it for. And, it’s going to be integrated with our solutions; we’re trying to do more with that.”

Sebben says this approach ties in with an overall broader-based solution approach to an institution.

“We firmly believe there’s not a product with the breadth of capabilities as ours out there, that can bring to an organization and run their institution at the same economic price point,” says Sebben.

“Sustainability,” in the economic sense, is paramount for institutions today. “A lot of institutions in the past have been ‘bought off’ on big, giant best-of-breed software for every function in the university. But then, trying to get it all to tie in together is a big mess and very expensive, especially for the mid-size and smaller schools, which is where our core competency is,” he said.

Sebben added that putting CampusAnywhere into a larger institution like the University of Illinois may not be sufficient enough. But he said that placing larger, expensive software systems, such as PeopleSoft or others—that big schools use—won’t work in typical small to mid-size schools’ systems. “It’s like trying to put a jet airplane in a lawnmower shed.”

EDC also is a hosting service to many universities and other entities; they perform maintenance of their applications and their database. In addition, they are now also expanding beyond the education sphere.

“If you’re going to grow and going to ensure that you’re around 10 years from now, as opposed to two or three years, you’d better step up to taking advantage—like hosting, like the delivery of your products in some other (way) than the current methodology,” says John Coblentz, COO of EDC Technology.

Jay Sebben became familiar with, and subsequently, got to know the founders at 3 Olive Solutions, a project portfolio management firm with software services for businesses. EDC later bought 3 Olive, that brings with it an existing subscription base with a newer product called Portfolio Intelligence (PI), which is used specifically for project portfolio management (PPM)—and a possible future application or use for the education market.

The director of sales and services with 3 Olive Solutions (EDC Technology) says that “Anyone in any business small, medium, or large, who is managing a collection of projects, would be a potential prospect.” They added the new feature of the key component of PI, is the ability to filter the Resource Utilization chart.

“Our product from a project portfolio management solution, helps strategically manage a collection of projects to tag from a qualitative and quantitative metric association to understand the projects in the portfolio; we allow you to configure the portfolio using a scorecard, metrics—elements that are important to you about your business. Then as opportunities come across the table, we capture from a data input, key pieces of those opportunities, to allow you to evaluate (how information measures up against the goals to achieve before a project begins),” the director says.

Businesses or educational clients under EDC will be able to strategically manage a collection of projects from the “top down,” allowing for complete configuration of the rules within the product by the clients; they will highlight important aspects, and then the product will identify tangible opportunities with the client’s objectives.

Through their new division, EDC will broaden their base of technology-oriented products offered, and find possible synergies between individual client bases.

EDC will also be expanding through the introduction of a new, hosted solution with intellectual property for those working on international patents and trademarks.

Coblentz says any IT company shouldn’t rest on its laurels, and should take advantage of the latest technology—he feels Portfolio Intelligence is key to the IT area in education and many others too. He added they want to take IP (Intellectual Property) and augment it with services.

“It is a matter of expanding and taking advantage of platforms,” says Coblentz. The capabilities of the new division of EDC will look to be an impetus for this additional, newer intellectual property venture, to be released within the next several months.

“Anytime you can create intellectual property and leverage and get people to buy it, you’re going to create a lot of value,” Sebben says.

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