Development and acquisition of technological capabilities has become one of the major strategic requirements to excel commercially today in various business sectors. Front-end innovative technologies in conjunction with mass globalization and outsourcing of industrial operations has created a fruitful environment for technology-based growth and excellence. Different industries are in search for various technological solutions in their continuous efforts to improve performance in different parts of their businesses. Advanced solutions are often found implemented within range of application areas varying from corporate information management to logistics planning and coordination activities. In this setting, both industrial assets and business processes have been subjected to a technology-driven change process.