Analog Devices Inc
) recently selected a PMG solution to automate the processes
associated with global service fulfillment. PMG's Service
Catalogue Suite (SCS) would be adopted by ADI for streamlining
service requests and delivery processes.
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PMG has been providing solutions to improve business processes
since 1996. It has in fact developed the market leading IT
Infrastructure Library compliant Enterprise Service Catalog
Analog Devices, Inc. is one of the world leaders in the design,
manufacture and marketing of high-performance analog,
mixed-signal and digital signal processing integrated circuits
used in signal processing applications. Applications for its
products include communications, cellular telephones, computers
and computer peripherals, consumer electronics, automotive
electronics, factory automation, process control and military and
From 2012 onward, the Information Services segment of ADI started
shifting focus toward value added services, which required the
streamlining of procedures related to ordering of items like
laptops and software upgrades. Its older system delayed approvals
and made it difficult to track requests. The (easy-to-use)
PMG SCS Suite with its library of applications and advanced
workflow engine is therefore expected to improve the level of
performance and automate delivery.
Analog Devices Inc. reported third quarter 2013 earnings of 57
cents per share, higher than the Zacks Consensus Estimate of 54
cents. The increase was driven by strong revenue growth coupled
with better gross margins and solid expense management.
Currently, Analog Devices has a Zacks Rank # 3 (Hold). Other
stocks that look attractive this season are
) with a Zacks Rank # 1 (Strong Buy) and
Microchip Technology Inc
Magnachip Semiconductor Corp
) both with a Zacks Rank # 2 (Buy).