• Composite Trends in the A&D Industry: Identifying Opportunities to Save Cost and Time reveals survey findings on design and manufacturing trends for composites in the Aerospace & Defense industry. The research examines two areas that can be a source for bottlenecks when working with composites: springback and manufacturing planning. The report details best practices to minimize or avoid distortions due to springback. It also looks at ways to streamline manufacturing planning while reducing errors and supporting changing.Please enjoy the summary below, or click the report to download a PDF … [ read more ]

    Composite Trends in the A&D Industry (survey findings)
  • The How-to Guide for Adopting Model Based Definition (MBD) reveals advice and best practices for implementing MBD.  The guide explains why 89% of companies are happy they made the transition and benefits they enjoy as a result. The hardest part of adopting MBD is overcoming the cultural resistance to change. The guide identifies what other companies have done to make the adoption of MBD a success, both internally and with suppliers.This eBook is one in a series of three:Transitioning from 2D CAD to 3D CAD Migrating from 3D CAD to a new 3D CAD Adopting model-based definition (MBD)Please … [ read more ]

    The How-to Guide for Adopting Model Based Definition (MBD) (eBook, survey findings)
  • 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 ]

    Choosing Cost versus Quality in CPG (infographic)
  • 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)

How to Empower R&D and Engineering Teams to Innovate with New Materials

Share

Materials InnovationHow to Empower R&D and Engineering Teams to Innovate with New Materials: Secrets to Growing Revenue and Increasing Profit Margins identifies six lessons to help companies innovate to secure future revenue streams, while managing risk. The study examines how new materials can help  companies innovate and how more successful companies take advantage of the latest developments in materials.  

Please enjoy the summary below, or click the report to download a PDF overview (free of charge, no registration required).

For the full report please visit our sponsor, Elsevier (free of charge, registration required).

Table of Contents

  • Executive Overview
  • Business Drivers for Innovation
  • Identifying the Top Performers
  • Lesson #1: Understand the Opportunities in New Materials
  • Lesson #2: Consider How To Balance Different Levels Of Innovation
  • Lesson #3: Implement the Right Innovation Strategies
  • Lesson #4: Prioritize Resources and Processes That Help Accelerate Discovery and Commercialization
  • Lesson #5: Successfully Transition From Concept to Manufacture at Scale By Looking at the Entire System
  • Conclusion
  • Recommendations
  • About the Author
  • About the Research

Executive Overview

It is not easy competing in today’s market. Companies today must stand out from a field of global competitors. Plus crowdfunding options such as Kickstarter have lowered the barrier to entry for new startups with innovative offerings. Companies who stay with the status quo will find it increasingly difficult to compete in this market.

Innovation is key to developing future revenue streams. Yet, there is a certain amount of risk when investing in new ideas. How do leading companies manage risks around innovating? How do they empower their teams? How do they optimize their ideas for innovation? What are the risks of staying with the status quo?

To answer these questions Tech-Clarity surveyed heads of R&D and engineering, scientists and engineers from 318 companies. Survey respondents were located around the globe and represented companies ranging from under $100 million to over $5 billion. Companies came from a variety of industries including automotive, chemicals, electronics, industrial equipment, and aerospace and defense.

Tech-Clarity identified Top Performing companies to understand which practices lead to success. More successful companies look beyond their products and local expertise to expand their sources of innovation. In fact, leading companies are 66% more likely than their lesser performing competitors to empower their teams with access to the latest academic research. They also invest in technology that will help their teams tap into resources that support the discovery and use of new materials and applications. While the discovery and commercialization processes are critical to bring the right innovations to market, new innovations must also transition from concept to manufacture at scale. Top Performers look at the entire system to successfully make this transition.

While there is a common view that too much focus on break-through innovation means sacrificing short-term results, the research finds that leading companies balance their innovation portfolios with different levels of innovation, putting more emphasis on break-through and major innovations than their lesser performing competitors. The combination of this and other findings enables Top Performing companies to experience 2.1 times the revenue growth of their lessor performing competitors. This paper identifies six lessons companies can learn from Top Performing companies and apply to their own businesses to help them realize similar success.

Speak Your Mind

*