• How do leading manufacturers use cloud software to support product innovation, product development, engineering, and manufacturing?Please share your experience, thoughts, and lessons learned in this new survey on cloud software for product innovation and manufacturing.If you already completed the survey  –> please share with a colleague or on social media using the “Share/Save” buttons above. If you haven’t taken the survey  –> please: CLICK HERE TO TAKE THE SURVEY NOW!Complete the survey and receive a free copy of the final report. In addition, 25 *eligible respondents will … [ read more ]

    Cloud for PLM and Manufacturing (survey invite)
  • This infographic shares survey results about quality and cost management in the Consumer Packaged Goods industry. It visually communicates the results of our research that shows how Top Performing CPG companies are able to achieve better quality and better cost of quality, without trading one for the other. The research shares the methods these leading companies employ, including automation, integration, and a more holistic approach to managing quality.To learn more, please:View the full Stop Choosing Between Cost and Quality in CPG infographic from our sponsor Dassault Systèmes BIOVIA (free or … [ read more ]

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  • Jim Brown contributed a guest post, Innovation Platforms - the Operating System for the Digital Enterprise, on the value of innovation platforms published in the Dassault Systèmes' Navigate the Future blog. The post shares the value an integrated platform of solutions provides to engineers, the enterprise, and toward achieving digital transformation. The post also covers some basis of the innovation platform from people, process, and technology perspectives.Read the post now (free of charge, no registration required).   … [ read more ]

    Innovation Platforms are the Operating Systems for the Digital Enterprise (guest post)
  • Please join Tech-Clarity's Michelle Boucher, Mark Turner from Alcon Labs, and Swapan Jha from PTC on Tuesday September 12, 2017 for a discussion on the right software solution for medical device engineering. The discussion will feature an interactive discussion between the panelists coving topics such as:Challenges facing medical device manufacturers. Why to consider the complete product lifecycle with respect to:Managing product and requirements. Transitioning from document to product centric approaches. Enabling smart and connected products.The best selection criteria for … [ read more ]

    Selecting the Right PLM Software for Medical Device Engineering (webcast)
  • Dassault Systèmes continues to make significant progress on the 3DExperience vision they laid out 5 years ago. This strategy has seen them transform from a software vendor offering distinct solutions for a variety of functional areas to a company that leads with a strong business transformation message backed up by a platform of solutions. I dropped "PLM" from the title of last year's strategy review. I feel even better about that decision a year later. They now have a broad software suite brought to market as solutions tailored to support key initiatives in the vertical industries they serve. As times goes … [ read more ]

    Dassault Systèmes Strategy 2017+

Designing Higher Profitability into Industrial Machinery

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A quick peek into some research on designing and developing industrial equipment. The report, Tech-Clarity Perspective: Best Practices for Developing Industrial Equipment analyzes the performance of well over 300 manufacturers in order to determine what the top performers do differently than the rest. The results are pretty exciting!

Note: You can also see a related article Product Design Strategies Take Manufacturers to the Top by Travis Hessman in IndustryWeek.

The Research Approach

I will keep this brief. The report focuses determining two primary things:

  • Which of the survey respondents are performing better financially?
  • What are those companies doing different operationally?

Why do this? Because we want to help everybody reach higher levels of performance!

The Research Findings

After writing about how engineering can help companies survive a down economy for a while it is nice to share some good news. On average, the respondents to our survey have grown both their top line and their profit margins over the last two years. You would argue that tells us more about how bad it was three years ago than how good things are today, but the fact is things have gotten better.

But… they have gotten “more better” for some companies than others. Twice as good, in fact. Specifically, we asked companies to rate and then quantify their financial performance and identified a top level of performers we called the “top performers.” The table clearly shows how much better they have performed over the last two years.

That isn’t the exciting part. What is exciting is that we observed different design approaches and technologies in the top performers. These approaches can serve as best practices for other industrial equipment companies. What did these companies do differently? They were much more likely to:

  • Use rules-based design approaches
  • Develop a single, global product
  • Leverage platform design techniques
  • Use modular design approaches

Although they used many of the same design tools as others (most use 3D CAD, for example), they are likely using them in more advanced ways to support the processes mentioned above. In addition, there were certain enabling technologies they used more frequently than others, including:

  • Simulation
  • Product configurations / design automation
  • PLM
  • Factory layout / simulation tools

Implications for Manufacturers

What does this mean to manufacturers? For industrial equipment producers (and others that produce similar products) it means that you can improve your performance by taking your design processes and technology to the next level. Taking more disciplined engineering approaches can reap large rewards. One surprising – and important – advantage that the top performers have is the ability to develop more accurate quotes (see the paper for more insight on this topic, it’s pretty eye opening).

So that was a quick peek into some recent research on designing industrial equipment, I hope you found it interesting. Does the research reflect your experiences? Do you see it differently? Let us know what it looks like from your perspective.

Please feel free to review more free research and white papers about PLM and other enterprise software for manufacturers from Tech-Clarity.

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