Central Bank Implements Open Source ERP5 in Eight Countries after Proprietary System Failed
Jul 11th, 20:48 UTC
After five months of continuous operations, Nexedi announces the first successful implementation of its open source ERP5 in a Central Bank, to manage the monetary system of 80 million people in 8 countries. Paris, Tokyo, March-en-Baroeul, Dakar, Fredericksburg - 2008-07-09 - After five months of continuous operations, Nexedi announces the first successful implementation of its open source ERP5 in a Central Bank, to manage the monetary system of 80 million people in 8 countries. Never before has an open source project reached this level of strategic mission critical application. ERP5 Banking is available for download to the 250 central banks worldwide, to free their economies from proprietary software vendor lock-in.
Yoshinori Okuji, Nexedi CTO, says :"ERP5 Banking has been used everyday for five months by 300 power users and has performed flawlessly. It runs on a Linux cluster of 32 nodes. ERP5 prietary vendors often stop after 5 years.) This vibrant developer community ensures customers that they will never be locked into a vendor. This is true software/business freedom."
About ERP5 Banking
ERP5 Banking provides a complete solution for central banking, and is the first Open Source ERP to be implemented successfully for a central bank in the world. As it is Open Source, it can adapt to any business requirement and specificity at a low cost, as there are no licensing costs.
http://www.erp5.com/erp5-Central.Banking.Pamphlet/view (PDF
Description)
http://www.erp5.com (ERP5)
About Nexedi
Nexedi is the creator and leader of the ERP5 open source ERP project. ERP5 has been developed and deployed ERP5 for a wide range of industries such as aerospace, apparel, banking, healthcare and government. ERP5 is used in companies of all sizes in Africa, Asia, Europe, North America and South America. The open source nature of ERP5 eliminates licensing costs and provides full freedom to update and customise the system as business requirements change without single vendor lock-in.
Nexedi provides 24H around-the-clock support to corporations and
governments wishing to migrate their mission critical applications to open source software solutions.
http://www.nexedi.com
About Mandriva
Mandriva, formerly known as Mandrakesoft, is the publisher of Mandriva Linux, an easy-to-use and innovative operating system. It is one of the most popular Linux editions in the world. Dedicated to making open source technologies accessible to all users, the company offers a full range of products and services to individuals, enterprises and government organizations. Mandriva products are available online in 80 languages and in more than 140 countries through dedicated channels. Headquartered in Paris, France, the company is publicly traded on the Euronext Marche Libre.
http://www.mandriva.com
About Zope
Zope Corporation is the leading provider of revenue-generating,
turnkey, hosted Internet solutions for publishers and media groups, powering over 400 major media properties including daily/weekly newspapers and television stations. Zope provides well-integrated, easy-to-use solutions for content management, classifieds, ad serving management, blogging, video and federated search.
http://www.zope.com
Legal
Nexedi and ERP5 are registered trademarks of Nexedi. Other trademarks are registered trademarks of their respective owners.
(Submitted by Pavel Solyak of Nexedi)
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