Whether in automotive, aerospace, electronics or other industries, the explosive growth in product complexity, driven by the Industrial Internet of Things, is a permanent trend.
Companies that respond with effective integrated product development processes and systems will disrupt and dominate their markets.
As Aras speaks with the world's leading manufacturers, we hear that product companies are seeing their development processes break down, as they are unable to manage cross-discipline collaboration and extended enterprise processes.
The challenge is exacerbated when trying to respond to new and unforeseen business requirements.
To address the challenges of cross-discipline development and business responsiveness, companies must shift how they view and leverage PLM.
IoT, Product Development Industry Report
A recent report by the team at Perceptive Analysis makes the case that PLM must bring automated, digital connectedness between the product development disciplines (mechanical, electronic, and software development) as well as cross-enterprise and extended enterprise business disciplines of manufacturing, supply chain, logistics, maintenance, service and support.The report entitled "IoT's Impact on the Business of Engineering" shines the spotlight on new tools and platforms now ready to help product teams surpass legacy PLM and move the enterprise forward digitally.
Highlighted is a true cross-discipline approach, a PLM platform that layers over legacy systems to provide product data and process frameworks that span the enterprise.
What You'Ll Learn:
Product company executives and managers, whether they are responsible for technical product design or line-of-business management, will gain insight into:- The main challenges of performing cross-discipline product development for IoT
- The need to support digital transformation across the extended enterprise
- The reasons behind product company failures in IoT
- How to address cross-discipline development and business processes in support of IoT with modern tools and platforms