We can all agree that product complexity has increased exponentially over the past years and managing, not only product development or the science of engineering, but also the business of engineering is becoming more and more difficult.
Many of today's manufacturers are struggling to keep pace with fast-moving IoT developments.
Peter Schroer, Aras Founder & CEO, was recently featured in an article on Manufactuirng.net discussing the need to rethink the investments and processes that support the business of engineering.
Peter talks about how lots of companies have found that their PLM systems are severely lacking for three common reasons:
- Companies rely heavily on their PLM system to mainly support mechanical design but they were never intended to manage product development of complete systems with hardware, software and electronics all together
- Product teams can't easily handle specialized business processes and requirements, slowing their ability to adapt to fast-changing conditions
- Heavily customized PLM implementations are difficult to upgrade making it hard for an organization to keep pace with their evolving strategy and process needs
So what does it take to power today's business of engineering?
"It takes a paradigm shift to a platform approach combined with the will to change by bringing together people, processes and systems across the various disciplines and the extended enterprise. Rethinking the business of engineering lets companies achieve seamless design, development and delivery of tomorrow’s smart, connected innovations," says Peter.
Check out the full article: http://aras.com/plm/003285