The world of cloud PLM and enterprise software explained.
Summary: PDM is a tool to manage product data and ensure robust version control and a single version of the truth. PLM manages the workflows, processes, and the cross-department/cross-chain engagement organizations need to bring products to market. PDM vs PLM? It's a non-starter - companies need both. We’ve been talking a lot about the enterprise tech stack recently, looking at [...]
Summary: Product lifecycle management software continues to evolve. In 2019, we think 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. And that evolution is set to continue into 2019. Here are the 4 major trends we expect to see in the PLM space [...]
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 [...]
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: 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: 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 [...]
Summary: Homegrown systems can be effective short-term, but as organizations grow, they fall short. Based on the processes of the past, homegrown systems don't hold up long-term. We know managing data is hard. In fact, it's a problem 58% of manufacturers experience. 58% of manufacturers don't have a well-defined data management strategy in place. And things only get more difficult as [...]
Summary: Product data is dispersed throughout organizations which makes it hard to find and access. Centralizing this information improves efficiency and maximizes profitability. If your organization is involved in making things, it's imperative to make the most out of your data. Particularly when it comes to product data. Today we're going to look at: Where product data goes wrong How product [...]
Summary: Scaling a hardware startup is a challenge. But it's can be made easier with a data-driven strategy. Software that integrates with other solutions is key when it comes to leveraging data and scaling your tech stack. When you first start a hardware startup, the pressure is to scale. But it turns out it's not that simple. With 97% of hardware [...]
