Reminders

Manufacturing Value Chain

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CES 2017 Implications for Manufacturers

By Jeff Hojlo

IDC recently sent a team of analysts to CES 2017 in Las Vegas, NV, the 50th edition of the event, to see the latest and greatest in consumer technology, and how this continues to change our personal lives, business connections, and everyday experiences.


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It seems of late that every technology or manufacturing event one attends includes some discussion of “digital twins” and their potential. CAD and CAE aficionados alike will say, accurately, that virtual modeling of products has been present in design teams and engineering work groups for years. So what’s different about today’s discussion on virtualization and digital twins?


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Although digital transformation (DX) is defined differently for manufacturers, depending on industry, size of company, or value chain, a common reason for DX is improved product and service innovation. Manufacturers can pursue advanced innovation approaches today and in the near future because of the rapid development of platform technologies, namely, cloud, mobile, analytics, and social, and innovation accelerators such as cognitive analytics, Internet of Things (IoT), 3D printing, and augmented reality (AR)/virtual reality (VR). Perhaps most game changing is the ability to track the quality and performance of connected products, processes, and people across product development, supply chain, manufacturing, and service. Simply put, it is finally possible, through these technologies, to truly manage the life cycle of products and their servicing and continue to improve them over time.


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Upon departing SAP’s Best Practices for Automotive event a few weeks ago in Detroit, I was struck by one thought: change is so rapid in this industry, that it is exciting, yet daunting to think about what we’ll be discussing next year at this event, and elsewhere.


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Ideation has long existed separately from the rest of the product lifecycle, managed and used by marketing, product management, and maybe sales. Connected everything (products, manufacturing, supply chain, service) is changing that, as is dynamic demand in highly competitive, local markets around the world. Ideation is a key component of a product innovation platform, and a key reason why manufacturers move to a platform approach – so they can handle changing, unique, customized demand.


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I had the opportunity to participate in a roundtable session on enterprise security at the IDC Digital Summit in New Delhi, India just about one month ago. I left the energetic discussion thinking about what security means to innovation.


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After participating in last week's IDC Digital Summit in Delhi, India, speaking with many of the executive attendees from a variety of companies, it's clear that digital transformation (DX) is a worldwide phenomenon, 3rd platform technology use is growing, and innovation across products and services is evolving.


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The time has come for connected enterprise quality management (EQM) — a pervasive, cross-enterprise, and integrated approach to quality management. Quality is too critical an initiative, according to our survey data and conversations with manufacturers, to be kept in its own silo, separate from design, engineering, supply chain, and manufacturing.


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The PLM market continues to evolve rapidly, due to the product, demand, and market complexity that exists, as well as 3rd Platform Technologies such as cloud. During this evolution over the past 10 years, there has been much discussion around the “democratization” of PLM and product innovation.


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Road Map to a Product Innovation Platform

By Jeff Hojlo

Manufacturers are moving to the next generation of product life-cycle management (PLM), a product innovation platform. How do you plan, evolve, organize, and execute upon this new vision? We've published a series of reports over the past two years that define and detail the value, provide a plan for scoping, and most recently, a roadmap for realizing an extended view of PLM across the enterprise and value chain.


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  • Manufacturing Day, E…
    Kimberly Knickle says:
    Good question.  I think manufacturers are working to retain those employees that are willing to change with the business and with the technology that's increasingly part of their everyday life.  But no data to prove that theory, unfortunately.
    4 months ago
  • Manufacturing Day, E…
    delger says:
    Kimberly,
    Based on the data shared above, how important is it for Manufacturers to engage and retain their current employees?  And are you seeing a trend in that regard?
    4 months ago
  • Webcast: The Importa…
    Jeff Hojlo says:
    Antony,
    Thanks for your comments - agreed.  Nice article, and I look forward to our next conversation.
    Best Regards,
    Jeff
    5 months ago
  • Webcast: The Importa…
    Antony Bourne says:
    Jeff,
    I agree with your comments in the webcast and also am of the same opinion, and think that manufacturers need to take small steps on this journey since it is not an on/off switch that they need to use, but a process in which they make improvement after improvement since a lot of learning will happen along the way.
    I also have written a blog…
    5 months ago

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