• Tech-Clarity’s BOM Management Buyer’s Guide - Boost Performance with Digital BOMs provides criteria for manufacturers to evaluate software solutions to support their Bill of Material and product structure data and processes. Tech-Clarity’s Buyer’s Guides go beyond software functionality to provide a framework of requirements that impact implementation success and long-term ROI, including:Software requirements Implementation Integration User adoption Support Vendor characteristics / attributes Industry or unique business needsPlease enjoy the summary below, or click the report to … [ read more ]

    BOM Management Buyer’s Guide
  • This episode of Tech-Clarity TV explains how digital food and beverage companies improve agility, innovation, and productivity through better connectivity between R&D and the plant, streamlined production operations, and analytics.This video is part of a series of videos showing how digitalization can help food and beverage companies compete with innovative, digital industry competitors that are disrupting the status quo.The video series is sponsored by Siemens, a leader in digitalization for the food and beverage industry. For more information, see Tech-Clarity's series of guest posts on how … [ read more ]

    Producing Food and Beverages in the Digital Age (video)
  • How do chemical companies apply digital to the chem lab? Digitalization is streamlining the way companies innovate and bring products to market. Tech-Clarity's Jim Brown will share findings from his research on how chemical companies leverage the digital enterprise to improve efficiency and reduce cost while dealing with mounting regulatory and sustainability pressure.Register for the December 13 webcast (free of charge, registration required). Sponsored by Dassault Systemes BIOVIA. … [ read more ]

    Digitalizing the Chemical Lab (webcast)
  • This Tech-Clarity TV animation explains how companies can combat industry disruption from new, innovative companies and business models in the food and beverage industry by adopting the digital enterprise. It's no secret that companies like Amazon, Blue Apron, HelloFresh, and more are changing the way consumers and consumer packaged goods companies relate. This video shares how companies can become more innovative and agile to compete with these challengers through the value of digitalization, and provides an example of what a digital food and beverage company looks … [ read more ]

    Digitalization in the Food and Beverage Industry (Animation)
  • Join Tech-Clarity's Jim Brown in a lively discussion with Planview NPD Evangelist Carrie Nauyalis discussing how to effectively measure product innovation. The duo will discuss the pitfalls of measuring innovation based on prior performance, the top five measures companies can use to measure innovation capability, and what's needed to get started measuring innovation to improve outcomes.Register for the November 30th webcast now, sponsored by Planview (free of charge, registration required).  … [ read more ]

    Top 5 Metrics to Stop Measuring Innovation in the Rearview Mirror (webcast)

Getting Higher Strategic Value out of PLM

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PLM_Maturity_Drives_Big_Business_ThumbThe Getting the Most from PLM – PLM Drives Tangible Business Value eBook is the result of a joint research project between research firm Tech-Clarity and innovation consulting firm Kalypso. We researched over 100 companies to determine how some companies get much higher levels of value from their Product Lifecycle Management implementations. The report shows that leading companies go beyond tactical (yet valuable) cost and efficiency gains to improve innovation and drive higher profit margins and revenue.

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

For the full report, please visit our research partner Kalypso (free of charge, no registration required).

PLM and Business Value

Product lifecycle management (PLM) drives significant business improvements that show up in investor calls and annual reports. PLM implementations enable important improvements, but the value is tactical and limited to improved efficiency and reduced cost. While these are worthwhile improvements (and often pay for the whole initiative), they fail to exploit the full potential of PLM.

PLM can drive innovation, improve differentiation and lead to significant revenue growth. But most PLM implementations fall short of this. Why?

 

PLM_Maturity_Drives_Big_Business_Kalypso_Tech-Clarity

All PLM Initiatives Are Not Equal

This eBook explains how some get the most out of PLM and shares practical tips for how you can drive real business value from PLM in your business.

Most of the companies surveyed report that PLM helped improve their top line and drive higher margins. But some did better than others. To find out why, we looked at the companies that rated themselves the highest on revenue growth, profit margin growth and percent of sales from new products (less than three years old) – the “Top Performers.”

  • Top Performers grew revenue almost twice as much as others while growing profit margins 29 percent more. This is a significant difference on the bottom line.
  • Top Performers also grew revenue from new products more than Others, indicating better innovation and product development performance.

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