Press Release - Leroy-Somer Selects Stature as its Enterprise Risk Management PlatformToronto – March 30, 2011 – IHS/Dyadem today announced that it has been selected by Leroy-Somer, a subsidiary of Emerson (NYSE: EMR), to provide enterprise risk management software solutions to support the implementation of a new global quality initiative. Leroy-Somer, a global specialist in innovative drive systems and alternators, will use Stature Risk Management software for the deployment of its new company-wide quality initiative, following an initial pilot project across several of its sites in France. The Stature platform is available in Australia and New Zealand via EnVizTec’s partner agreement with IHS Inc., the market leader in Operational and Quality Risk Management solutions. After looking at a variety of vendors, Leroy-Somer has chosen IHS, the market leader in enterprise risk management, and its Stature solution, for its ability to easily share information from design and process quality assessments between departments and global sites. By using an intuitive, standardized tool, Leroy-Somer will be able to ensure consistency in its Failure Modes and Effects Analysis (FMEA) studies across its different research and development centres and will be able to capitalize on the corporate knowledge captured and shared. “We wanted to find a simple, intuitive tool that could be shared by all Leroy-Somer sites and ensure consistency, clarity and collaboration throughout our risk management processes. Stature allows us to capture knowledge and share it easily, supporting our worldwide quality initiative,” said Pierre Thery, Group Quality Director, Leroy-Somer. “The Stature solution will save us money and time by effectively ensuring the quality and reliability of new products without duplicating our risk management efforts.” Leroy-Somer, a division of Emerson Industrial Automation, designs, develops and distributes drive systems and alternators. First implementing Stature at its sites in France for a pilot project, Leroy- Somer is moving to a worldwide deployment that supports global collaboration on design projects and product development. Prior to selecting Stature, Leroy-Somer utilized non-specialized software to complete various FMEA projects, but found the lack of accessible information for re-use in future studies a hindrance to efficient design and development. Stature Risk Management will help Leroy-Somer conduct more efficient Design and Process FMEAs and allow it to create process control plans that provide support for superior product design and development. Stature is a Web-based enterprise risk and quality management system that links disconnected risk management processes across the organization. By helping companies identify and mitigate risks across a global organization, Stature enables companies to increase their operational effectiveness, comply with industry regulations and bring better quality products to market. Ensuring continuous communication and transparency throughout a program, project or process, Stature provides key performance indicators and visibility into an organization's top risks. With access to data from across risk assessments, extensive knowledge libraries and managed through standardized templates, Stature will save time while ensuring corporate consistency across all past, present and future quality studies. About IHSIHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today's business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs 6,700 people in 31 countries around the world. About EnVizTecEnVizTec is a provider of technology and services to fulfill the needs of progressive companies to achieve high levels of operational excellence, innovation, collaboration and continuous improvement in quality and safety. EnVizTec provides a range of solutions which leverage our collective experience in Operational & Quality Risk Management, Product Innovation and Collaboration tools. Our experience extends across a wide range of industries including Automotive, Aerospace & Defence, Manufacturing, Consumer Goods, Process, Energy and Resources via long-term relationships with industry-leading corporations and suppliers. |