digital due diligence

BetaWatch Press Release


KNOW INC. TO PROVIDE FORMAL BETA PROCESS FOR
KNOWLEDGE MANAGEMENT SOFTWARE

Companies which apply a formal beta process to software development have a competitive advantage.

Toronto, ON April, 2000 Know Inc., a portal site for knowledge management practitioners and vendors, has announced the inclusion of a unique proprietary formal beta process as part of the services it makes available to the knowledge management community. The betacycle process will help software development companies align themselves with the realities of the knowledge management market, which is growing due to the greater awareness of the importance of identifying and leveraging intangible assets for competitive advantage.

"By verifying through the beta process that the product does deliver what has been promised, management is in a more favorable position to achieve maximum benefit when dealing with customers, employees, shareholders, the technical press, the investment community... in short, all stakeholders." says Temi Grafstein, Founder and Senior Consultant of Betawatch Inc.

BetaWatch is a service provider working seamlessly between the software development team and its customers. It uses the Beta Process model and methodology to manage and track key activities and decisions from beta product through to final product release. Quality Assurance is only one part of the beta process and not a substitute. Real-time external beta tester feedback is gathered and distributed, enabling R & D and product testers to focus on fixes. This allows Customer Service to ramp up to support the release with confidence, prepared for issues raised by beta sites. Investor Relations and Marketing then have press ready early adopters to speak to the technical press and investment analysts. The use of Beta Process can prevent unsuccessful product releases and the financial repercussions for a company product that fails to meet the expectations of investment analysts.

Structural Capital
The BetaWatch solution provides the required infrastructure to beta team leaders, instilling motivation, accountability, and acquisition of proven processes. The ßeta Process Cycle™ is a proven system of information, methodology, and communication. From beginning to conclusion, it tracks the software product through eight phases, each with specific deliverables and milestones for moving onto the next phase. Beta Process is the structural interface between the product team leaders and beta testers.

Evaluation by Key Knowledge Management Practitioners
When software development companies release a new knowledge management product or an upgrade, they have a set of expectations on its reception. To close the gap between what the product is and all that is possible, Know Inc./BetaWatch alliance provides, in addition to the Beta Process Cycle™, evaluation by established knowledge management practitioners. This addresses the pervasive conundrum that communication departments face when attempting to position the product in a mature market where data is not information, and information is not knowledge.

About Know Inc.
Know Inc. is a vertical and role-based portal designed for and by the knowledge management community over two years ago. It develops workable frameworks for knowledge management practitioners and organizations to leverage their intangible assets through the leveraging of new media of communication, the leveraging of the individual and the leveraging of that individual's know-how. It is currently developing a number of online knowledge management tools, including the online Intangible Assets Monitor for Sveiby Knowledge Management, and the online Values Management Inventory for Values Technology.

About BetaWatch Inc.
BetaWatch Inc. has developed a proprietary process of phases, milestones, functional responsibilities and deliverables known as the Beta Process Cycle™ . This is a powerful set of workflow processes and documentation procedures to manage, organize, track, view and communicate the beta process cycle. Founder and Senior Consultant, Temi Grafstein is a British-trained librarian who specializes in information theory. She has been developing and refining IT processes and procedures for 17 years. BetaWatch Inc. provides digital due diligence™ services. http://www.betawatch.com 

# # # # # #

For more information:
Margaret Logan
Know Inc.
(416) 410 -0855
marglogan@knowinc.com 

Know Inc. 23 Bertrand Avenue, Toronto, Ontario CANADA M1L 2P3
www.knowinc.com 

ßeta Process Cycle and digital due diligence are registered trademarks
of BetaWatch Inc. All Rights Reserved.


BetaWatch Inc., 505 University Ave., Ste. 1603
Toronto, Ontario CANADA M5G 1X3
www.betawatch.com

 

Beta Watch home

About Us | Overview | The Beta Process | Services | Products
Contact Us | Newsletter | Press Releases