ELLIPSE SYSTEM

Ellipse System is an EAM software application

for asset-intensive industries. Developed over
the past 30 years, Ellipse continues to be
enhanced to support best practices out of
the box and extensible innovation in EAM
business processes. It provides a modern user
interface that may be personalized to meet
specific business needs or extended and
integrated through a standard based
integration platform to deliver innovation for
asset-intensive industries.
 Organizations in asset intensive industries are
enabled by Ellipse to effectively manage their
assets and deliver shareholder value by:

− Increasing asset utilization

− Reducing operating costs
− Delivering quality products and services
− Meeting regulatory standards for audit
compliance
− Ensuring supply chain availability and visibility
 decisions that directly impact the bottom
line.
Ellipse’s world-class modules form an
integrated foundation, delivered on a Service
Oriented Architecture (SOA) platform. These
foundation modules are complemented by
business analytics, advanced maintenance and
planning, and mobile workforce management
solutions, offering the broadest functionality
and the most robust solution in the EAM
market today.
 Ellipse Asset & Work Management

Optimize physical asset utilization and cost

management .Asset intensive industries
minimize their production costs to deliver
high quality products and services at
competitive prices. Asset maintenance
represents a significant proportion of costs.
Ellipse Asset & Work Management manages the
life cycle of an asset from design through
operational life to disposal of the asset and it
delivers optimum asset performance by
improving asset utilization, ensuring equipment
readiness and safety, increasing plant and
equipment productivity and decreasing life cycle
costs.
- Increased asset availability via the application
of advanced job scheduling techniques
− Proactive rather than reactive maintenance
− Increased equipment reliability via the
application of risk based strategies
− Reduced capital expenditure by increasing
equipment life
 Ellipse Supply Chain Management

Balancing supply availability with tighter cost

controlsMost asset-intensive organizations strive
to maximize working capital. Optimizing demand,
inventory levels, contracts and purchasing
agreements can all contribute to major savings
across the organization and directly impact the
bottom line.
It enables organizations to achieve an optimal
outcome in balancing the competing goals of
maximizing the availability of parts and other
supplies and minimizing the capital locked up
in inventory holdings..It offers a user-definable
framework of parameters to establish and
maintain inventory and procurement policies,
automate the replenishment of stores and
optimize warehouse and supplier
management.
It offers a user-definable framework of
parameters to establish and maintain inventory
and procurement policies, automate the
replenishment of stores and optimize
warehouse and supplier managementh .and
extends purchasing and inventory capabilities
beyond the enterprise to facilitate seamless
information exchange with trading partners of
any size.
 Ellipse Financial Management

Complete end-to-end visibility of financial

informationEllipse Financial Management
transforms simple, single-entry financial
data into meaningful information for
managing project costs, job planning, asset
cost of ownership, project capitalization,
statutory reporting and compliance. The
suite provides complete transparency of
financial transactions making auditing and
analysis simple.
Month end reporting, the ability to integrate
operational information and statistics with
General Ledger functionality and support for
multi-currency budgeting and analysis all drive
greater accounting process efficiency. IFRS and
Sarbanes-Oxley compliant, Ellipse Financial
Management is the ideal tool for organizations
operating across multiple geographies, or in a
single jurisdiction.
Ellipse Intelligent Workforce Deployment

The right people with the right skills at the

right time Organizations today continue to
face the standard human resource (HR)
challenges of managing employees through the
process of recruitment, hiring, training,
promotion, workforce utilization, payment and
retirement. Combined with the need to do
more with less, functions such as Employee
Self Service (ESS) and Manager Self Service
(MSS) are becoming increasingly popular in
modern organizations as
the HR function is scrutinized for efficiency
and cost-effectiveness. Ellipse Intelligent
Workforce Deployment delivers leading edge
HR and payroll capabilities so that HR
professionals, executives and line managers can
better manage their most critical resource –
their people. Organizations can align the
workforce with strategic business goals,
matching skill profiles with project
requirements and availability schedules.
 The Ellipse SOA technology platform

Enable value adding business process integration

and orchestration by exposing key business
functionality. SOA delivers unprecedented levels of
business agility, cost savings and operational
efficiencies both within and beyond the enterprise.
Leverage the Ellipse EAMsolution to align high-level
strategic organizational imperatives with
operational level business processes and unleash the
synergies hidden within your silos of enterprise
information.
 THE IMPACT OF RELIGION ON
BUSINESS ETHICS

We live in age of innovation, growth of free

markets, and world economy. New government
authorities, world’s business leaders and up-to-
date technologies being players on global scene
form business relations and set standards
throughout world-wide business
communication.
More civilizations have started cooperating
together creating one globalized
communication system. Nevertheless, during
creating the one universal system of business
communication each civilization follows its
unique philosophy of life understanding and
usually this understanding of life is being
formed by religion.
With increasing urgency, market and social
forces are also rewriting the roles and
responsibilities of business. Modern businesses
are expected to be responsible stewards of
community resources working towards the
growth and success of both their companies
and their communities. We are convinced that
markets become free or remain free if their
players are responsible and respect the basic
values of honesty, reliability, fairness and self-
discipline being basic of their business ethics.
Most people involved in business sector –
grading from a small business owner to
employee, or even CEO of a multinational –
eventually face ethical or moral dilemmas at the
workplace. Ethical content of business behavior
has been a matter of public concern for a long
period of time. Nowadays we observe different
approaches to solve ethical dilemmas and try to
reveal new refined possibilities to avoid delicate
questions of modern everyday updating
business rules. Arising from my research and as
they say
“cogitations poenam nemo patitur” ( lat. Law –
nobody is responsible for thoughts) we assert
that each community has its own business
culture. In fact, this culture has been formed
by various factors among which almost the
highest position is under religion. That is why
various religion views influence on business
ethics in our modern world. Many beliefs have
a source –“code of rules” and many businesses
rely on these ethical guidelines, which
correspond with ethical standards of local
communities.
 Four basic worlds
religions that
influence in business
ethics
Christian Business Ethics:

Christianity, the basis of this theology is the

Old Testament and the New Testament. The
Christian in commerce should not desire “to
get another’s goods or labour for less than it
is worth.” One must not try to obtain a good
price for his own wares by extortionth
If one is buying from the poor,
“charity must be exercised as well as justice;”
purchaser must pay the full price that the
goods are worth to him. Moreover, purchaser
shouldn’t admit suffering of the vendor
because he cannot stand out for his price, but
vendor should offer a loan or persuade some
one else to do so.
Jewish Business Ethics:

Judaism, which relies on the Torah for its

written law, has had a great impact on
marketing and business ideology. Jewish
culture, values, and ideas have penetrated
into many aspects of modern life including
modern market. Some points examined in
this paper include: honesty on the
market,fair pricing and business relations.
 honesty on the market. Merchants are
prohibited from falsifying weights and
measures, owning a dishonest weight by the
Torah. fair pricing. "If you sell something to
your neighbour or buy something from your
neighbour’s hand, you shall not cheat each
other." Similarly, if an individual is unaware of
true value of an item and wishes to sell it,
one must not take advantage of the seller’s
ignorance and underpay.
Price stability is of great concern to the
Talmud. business relations. Employers are
required to pay employees on time. Indeed,
business ethics occupies such an important
place in Jewish Laws, culture, and tradition
that the Talmud has as the very first question
to an individual at the final judgment: "Were
you honest in your business dealings?"
Muslim Business Ethics:

For Islam, the basis of these laws is the

Qur'an. Islamic teachings strongly stress on
observance of ethical and moral code in
human behaviour. Muslim ethics include
avoidance of people’s exploitation through
lending them money at interest and
prohibitions against false advertising. Under
Islamic Laws, if a vendor sells an item by
making false claims about it, customer has the
right to have the transaction cancelled.
Buddhist Business Ethics:

The Buddhist business code and professional

ethics are closely tied with respect for
environment. Essentially, according to Buddhist
teachings, ethical and moral principles are run
by examining a certain action, which has to
avoid any harm. Therefore some Buddhist
texts emphasise on the role of enlightenment
- one of the elements which prohibits
occupations associated with violence (such as
arms dealing).
Overall, it is worth pointing out that each
religion has its own prejudices. Nevertheless,
the main idea of each of them is that faith
should give rise to a commitment to create
favorable environment at work. That is why
our modern society can not exclude the
impact of religion on modern business and
should be aware and respect differences in
values in various communities. So while there
are global ethical norms, we also have to
show respect to different values of each
community.