KPMG veteran joins Taipei office; Frankfurt office opened to meet
growing European demand
San Francisco, Calif., March 20, 2007 — Maxager Technology, the original provider of
velocity-driven enterprise profit optimization solutions, today announced expansion
of its worldwide presence with the addition of Dr. David Wu as Vice President of
Business Development and the opening of its latest office in Frankfurt.
Leveraging his 15+ years in management consulting, Dr. Wu will be based out of
Taipei and will be charged with helping grow Maxager’s Asia presence. Prior to
joining Maxager, Dr. Wu was with Proudfoot Consulting as Vice President Greater
China and also held the position of Vice President of KPMG Taiwan where he was
responsible for their consulting business.
“We are very excited for David Wu to join the Maxager team and help support our
expansion efforts in Asia,” said Gordon Chen, President Asia. “His extensive
technology and business expertise will ensure that our customers are getting the
most out of their Maxager solution.”
On related expansion news, Maxager opened the doors to its Frankfurt office to
provide its rapidly growing European customer base with additional local support.
“With greater data availability and increased adoption of the Maxager’s Profit Velocity™ approach, we needed to provide local support for those customers,” said
Oliver Braun, Vice President Europe. “As Maxager continues to gain momentum
throughout Europe, we will open additional offices as needed.”
About Maxager Technology
Founded in 1996, Maxager’s patented enterprise profit optimization (EPO) solutions
help leading chemicals, metals, electronics and other complex manufacturers such as
Dow Chemical Company, Severstal, Owens-Illinois and Siliconware Precision
Industries increase cash and profit worth 3-5% of revenue. Uncovering profit gain
opportunities that are obscured by traditional “margin only” analysis, Maxager uses
both margin and production velocity information to analyze history and generate
realistic forward modeling that provides management teams an entirely new level of
control over Return on Assets (ROA) — the key driver of shareholder value. Ideal
for manufacturers with a wide range of products, customers and assets, Maxager’s
unique technology calculates precisely how fast each product, customer, or market
generates cash and profit from the assets, allowing managers to truly optimize
product mix & customer mix profitability, sales & profit planning, strategic
pricing, and production planning. New customers typically begin reaping benefits
within 60 days. Maxager is headquartered near San Francisco with offices in Europe
and Asia. |
