Summary: Many manufacturers talk about Industry 4.0, but less than 3% of them have actually achieved it. Cloud PLM makes it easier for manufacturers to leverage the data necessary to make Industry 4.0 a reality. Industry 4.0 in manufacturing is here, but few are taking advantage of it. Despite, the progress made in the fields of artificial intelligence (AI), 3D printing, [...]
Summary: Your product development costs are higher than they need to be. Follow these 7 tips to cut them down to size. Over the last decade, manufacturers have struggled to contain rising product development costs. And rightfully so. Forbes reported a x4 increase in product development costs between 2008 and 2013. With the cost of materials, labor, and production steadily climbing [...]
Summary: Poor collaboration in the workplace reduces quality, productivity, and profits. For teams to successfully collaborate, data needs to be easily accessed and shared across the value chain. There's been plenty of hype surrounding collaboration in the workplace. But does it actually impact organizations as much as we think it does? Today we're going look at what collaboration in the workplace [...]
Summary: Digital twin technology is promising for manufacturers, but doesn't deliver the ROI for SMEs. Cloud PLM is the easy way to make data-driven decisions without over-investing in data management resources and software. Digital twins have caused a lot of hype in the manufacturing industry. So we're going to look at what this buzzword means and its impact on manufacturing. We'll [...]
Summary: Product lifecycle management software continues to evolve. PLM is going to be all about Industry 4.0, customer experience, implementation times, and integration capabilities. Product lifecycle management software has evolved greatly over the years. Here are the 4 major trends we expect to see in the PLM space. 1. A crucial role in Industry 4.0 In 2019, we expect product lifecycle management [...]
Summary: Follow these five tips for a successful product launch! Over 30,000 products were launched last year in the US. Among such a deluge, how do you make yours stand out? It's a question many product leaders ask, but few can answer. Thankfully, this post provides some insights on the topic with 5 tips that are sure to result in a [...]
By: Jim Brown, President of Tech-Clarity The CM conundrum Working with contract manufacturers can be one of those “you can’t live with them, you can’t live without them” scenarios. Leveraging contract manufacturing organizations (CMO) is a reality for many companies and can be a great way to jumpstart a product when you don’t have the time or capital to bring up your [...]
Summary: Time to market is a key metric for engineering teams that can be improved with these 5 simple steps. The time it takes for a product to get to market has a big impact on its later success. Research has shown that a product's time to market influences: The market share a product holds The length of a product's sales [...]
Summary: Product data is often siloed in engineering, despite the value it offers to a manufacturer's marketing and sales strategy. The role of sales and marketing in an organization is to get people interested in purchasing a product. Which is why it's so important these departments know the product they sell inside and out. And while teams do this the best [...]
Summary: New product development is a critical source of revenue for manufacturers, that product development teams largely fail at. Help your teams excel with these simple solutions. New products are a crucial part of profitability, but very few product development teams excel when it comes to launching them. Of the 30,000 new consumer products launched each year, the Harvard Business School [...]
