Epicor Software Corporation (NASDAQ: EPIC), a leading provider of
enterprise business software solutions to the midmarket and Global
1000 companies, today introduced the Epicor Retail Green IT
Initiative, the first program of its kind to be offered by a retail
software systems provider, designed to provide cost savings while
positively impacting the environment by reducing power consumption
and paper waste associated with retail point-of-sale (POS) systems.
Epicor's program involves onsite analysis conducted by a team of
Epicor consultants and business analysts specializing in green IT
initiatives. This analysis includes an energy consumption evaluation,
a review of current hardware and system configurations, specific
recommended actions and areas of focus, and a detailed return on
investment analysis that demonstrates resulting bottom line benefits
that retailers can achieve. The team then supports the retail
organization's execution of the recommendations to their locations in
the field.
Through a series of small operational adjustments such as tuning POS
system parameters to lower power consumption and conserving paper,
Epicor Retail's Green IT Initiative affords retailers the opportunity
to expand their sustainability efforts while saving tens of thousands
of dollars per year. For example, a 10 percent reduction in energy
costs for the average full-line discount retailer can boost net
profit margins by as much as 1.55 percent, or the equivalent of $25
in extra sales per square foot of retail space.(1)
Epicor designed the software which drives "smart hardware" platforms
from NCR and IBM, leveraging IBM's Remote Management Agent (RMA)
technology to achieve green benefits.
"IBM is committed to supporting green initiatives that conserve
resources, lower power consumption and improve retailers' bottom line
profitability," said Leo Suarez, vice president of marketing &
strategy, IBM Retail Store Solutions. "Our remote optimization
support enables retailers to be more agile and achieve management
efficiencies, and now -- more environmentally friendly -- via the
Epicor Retail Green IT initiative."
According to an independent report from Forrester Research covering
green IT, "The top motivation for pursuing green IT is to reduce
energy-related operating expenses. This is not surprising, since
energy conservation and efficiency initiatives offer tangible, and in
many cases immediate, financial and environmental savings. As such,
reducing energy consumption should be foundational to any green IT
strategy."(2)
Lynne Davidson, vice president, Services and Support for Epicor
Retail, says that small changes can have a big effect. "Based on
calculations from the U.S. Department of Energy, retailers can
achieve 500-600 kWh or an average of $70 of power savings per
register/device per year. If applied to 500 registers, in three years
this could translate to roughly $101,000 in savings, a reduction in
CO2 emissions by 60 tons and, from an environmental standpoint, is
equivalent to planting 125 acres of trees."(3)
Trans World Entertainment Transforms Its Environmental Impact
One of the first customers to sign on to the Epicor Retail Green IT
Initiative is Trans World Entertainment Corporation, one of the
largest specialty music and video retailers in the United States. With
more than 800 stores and an online retail presence at www.fye.com,
Trans World brands include F.Y.E., Coconuts Music & Movies, Spec's
and Wherehouse Music.
With 2,800 store systems across its retail enterprise, Trans World's
IT division realized the tremendous opportunity to achieve significant
dollar savings, reduce power consumption and conserve paper. In
September, Trans World turned to Epicor's experts to improve
efficiencies and better conserve natural resources.
At the onset of the engagement, Epicor Retail Green IT consultants
gathered data from the registers and servers at Trans World's baseline
store to prepare a report on anticipated ROI savings. Across the
enterprise, system settings were monitored and reconfigured to
increase efficiencies, and an energy consumption analysis was
conducted to document improvements. "The overall annual energy
savings Trans World expects to achieve once Epicor's recommended
system and resource optimizations are applied throughout all store
locations is -- at a minimum -- 30% reduction in power," said Roy
Simmons, Director of IT for Trans World Entertainment. Calculating
the actual dollars a 30% reduction in power would save when using the
national average price per kWh of $.10, equates to a $77,000 savings
chain wide.
"Being 'green' is becoming a key business driver as eco-savvy
consumers are drawn to environment friendly companies when making
purchasing decisions and demand 'green' conscientiousness from the
brands they trust," said David Henning, executive vice president and
general manager for Epicor Retail. "In today's economic climate,
spending is tight on both the consumer and retailer sides, so
initiatives that produce both financial and environmental benefits,
particularly without increased capital investment such as Epicor's
Retail Green IT Initiative, are a win-win.
"In addition to arming our customers with industry-leading retail
solutions, we're pleased to also now be a partner for the planet,
helping organizations eliminate unnecessary waste associated with
their POS systems, while in return uncovering incremental savings
that really add up."
Today, many of the world's leading retailers utilize Epicor Retail
solutions and services to become more profitable, productive,
competitive and eco-friendly. Epicor's solutions leverage proven
Microsoft .NET technology to improve business operations and meet the
evolving merchandise and service expectations of today's
cross-channel shoppers. Epicor delivers comprehensive retail
management solutions to enterprises in all tiers -- from regional
chains to multichannel global brands. Retail customers include
hundreds of marquee names, from Aeropostale, American Eagle
Outfitters, and Ann Taylor to Zales and Zumiez.
About Epicor Software Corporation
Epicor Software is a global leader delivering business software
solutions to the manufacturing, distribution, retail, hospitality and
services industries. With 20,000 customers in over 150 countries,
Epicor provides integrated enterprise resource planning (ERP),
customer relationship management (CRM), supply chain management (SCM)
and enterprise retail software solutions that enable companies to
drive increased efficiency and improve profitability. Founded in
1984, Epicor celebrates 25 years of technology innovation delivering
business solutions that provide the scalability and flexibility
businesses need to build competitive advantage. Epicor provides a
comprehensive range of services with a single point of accountability
that promotes rapid return on investment and low total cost of
ownership, whether operating business on a local, regional or global
scale. The Company's worldwide headquarters are located in Irvine,
California with offices and affiliates around the world. For more
information, visit www.epicor.com.
Epicor is a registered trademark of Epicor Software Corporation.
Other trademarks referenced are the property of their respective
owners. The product and service offerings depicted in this document
are produced by Epicor Software Corporation.
(1)
http://www.energystar.gov/index.cfm?c=retail.bus_retail
(2) Forrester Research, Inc. "Q&A: The Economics of Green IT" by Doug
Washburn (February 10, 2009)
(3) Based on U.S. Department of Energy's low carbon IT savings
calculator,
http://www.eecbg.energy.gov/solutioncenter/applicationresources/default.html
Contact:
Lisa Preuss
Epicor Software Corporation
949/585-4235
Email Contact
Erin Lutz
Lutz PR (on behalf of Epicor)
949/293-1055
Email Contact
SOURCE: Epicor Software Corporation
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