Making the value of technology clear
Did you know engineers waste so much time on non-value-added work, they only spend about 54% of their time actually designing? How can you prevent them from wasting too much time on non-value-added work?
Our research uncovered some significant engineering inefficiencies that contribute to this including:
What Can You Learn from This Research?
This report explores best practices for streamlining access to design data in real-time. It also exposes some challenges manufacturers should be aware of as they strive to maintain a competitive edge in today's complex and cutthroat environment. The report also reveals how manufacturers can plan for a modern design environment that will support them through the 2020s.
How can manufacturers succeed in the face of uncertainty that creates new needs for decision-makers at every level? Read (Re)Gaining Control in Manufacturing: The Right ERP can Ensure Uncertainty Doesn’t Restrict Your Growth to learn how and hear from three executives who have done it.
Given the ever-shifting realities of today’s manufacturing environment, how can business leaders (re)gain control? The answer is to have an enterprise resources planning system (ERP) that fits and spans their business. Many companies are finding their current ways of working restrict their ability to respond. These companies are at an inflection point and will benefit from seeking out and investing in ERP that enables instant yet profitable decisions using complete information from across their business and plant operations.
Technology is only one aspect of this change to digital manufacturing. For ERP to succeed, expect to put effort into changing processes and mindsets as
well. People will be both the enabler and the most significant obstacle in most cases. Those who are now the key holders of knowledge may feel threatened.
Project Readiness
Setting up a manufacturing ERP project is a significant undertaking. The most successful selections and implementations result from the of best subject-matter experts in every department devoting time to them. For the project to work well, their understanding of best practices and real-world processes will be essential. Plan for resistance and plenty of hard work, with ups and downs in the mood.
*This summary is an abbreviated version of the research and does not contain the full content. Please visit our sponsor Dassault Systèmes for the full research (registration required).
If you have difficulty obtaining a copy of the report, please contact us.
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Given the unpredictable supply and market, how can electronics manufacturers prosper? Read Boosting Operating Margins in a Changing World: Why Electronics Manufacturers Need MES More than Ever to see that even the best SMT software is not enough. You’ll hear from us and three major electronics companies’ executives on:
What’s the difference between the vision and the reality of the AEC digital twin? What do clients really want? This webinar asks the experts to weigh in.
Increasing focus on digitalization has spurred interest in the concepts and benefits of digital twins. Companies and organizations worldwide strive to leverage digital twins to become more efficient and ensure the reliability and safety of their products, services, and facilities. But do we all understand the digital twin concept in the same way? This webinar on October 21st at 12PM EDT will explore the nature of related technologies, dig into the differences between the digital twin and BIM, and cover other hot questions the industry wants to know.
Register now to hear from industry experts. For more information on the event and panelists, visit AMC Bridge's event page.
Moderator: Jim Brown, Tech-Clarity
Panelists:
Should quality management and product lifecycle management be a single system?
As companies seek better digital continuity, the answer might appear to be yes. And yet, it may not work in every company. Register now to hear arguments on both sides of this debate on Tuesday, October 13 at 11 am Eastern, 8 am Pacific, 17:00 GMT. We’ll respond to these questions:
How can manufacturers adopt cloud PLM to support digital transformation but avoid being stuck with a dead-end, custom system? Is it time to force a hard decision between customization and the cloud? Read Digital Transformation Driving PLM to the Cloud to learn what three leading manufacturers and our research have to say.
Research for this report leads our analysts to the following conclusions:
Would you like to learn more about one of the fastest growing best practices for systems engineering, MBSE: The Unsung Hero?
Michelle Boucher joined an expert panel to discuss MBSE as the unsung hero of systems engineering and a key enabler of innovation in complex products. The panel discussed:
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Manufacturing is constantly evolving, so how do you define advanced manufacturing?
In this podcast episode, Julie Fraser and James Zhang, VP Market Development, Connected Operations at PTC, share their views. It starts with what constitutes advanced manufacturing today and how that has changed.
New technologies can play a role, but are not sufficient. How a manufacturer uses these technologies with what they already have to improve business outcomes points to whether it's advanced. COVID and global supply chain disruptions have changed which business metrics are vital - and sometimes what plants make. So agility and resilience matter.
The conversation also touches on effective processes and employee mindsets, and how technology can impact those. For example, what's the role of having employees feel more energized - now and in the future? Can people work together more effectively and be more empowered in these changed socially distanced environments? Julie and James think so. Yet, it might require you re-think your business and your shop floor.
Listen to the podcast to hear ideas and examples of agility, resilience, safety, empowerment, and production innovation. Thank you to PTC for the opportunity to have this discussion.
For more information, see our related research:
Competition is fierce for today’s manufacturers as they seek to win market share from both traditional competitors and emerging start-ups, often at a global level. Consequently, product engineering and innovation play a crucial role in competitive differentiation. Innovation opportunities range from smarter features to new service offerings, which require increases in software, electronics, connectivity, sensors, components, and more. In fact, a Tech-Clarity study, Transformational Product Design: How to Achieve Success Designing Smarter Products, found that 71% of survey respondents report feeling pressure to add more software and electronics.
While this is a powerful way to attract customers, it increases product complexity, making an engineer’s job even more challenging. Tech-Clarity’s research study, How to Engineer High-Performing, Quality Products with Extra Cost, finds that 67% of survey respondents say complexity has grown over the last five years, and 44% find it’s even harder to make critical design decisions. Yet, Top Performers are 58% more likely than their competitors to be confident in their decisions. These results show that while the job may be getting harder, there are practices that will help.
However, getting it wrong is expensive. Companies that don’t make it easier for engineers will suffer negative consequences (see graph).
This blog post explores the reasons for these business impacts. It also discusses why new approaches are needed, what MBSE is, and how it can help.
Learn More
To learn more about this exciting topic, Michelle joined a panel of experts for an interactive discussion on MBSE. Among other issues, the panel discussed how to justify MBSE and shared advice to implement it. You can access the recording by registering.
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How can you navigate digitalization challenges in a way that will evolve with current and future needs? Join this webcast where we’ll share the results of Tech-Clarity’s research on how manufacturers accelerate digital transformation with low-code applications, and Siemens’ Christopher Merz will share practical experience from the field.
You will learn:
You can also learn more from the underlying research study, Filling Digital Transformation Gaps with Low-Code.
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What is more important to meeting new product development due dates, individual engineering productivity or product development efficiency? We surveyed over 160 companies to find out.
Please enjoy the summary below.* For the full report, please visit our sponsor SOLIDWORKS (registration required).
First, let’s be clear that manufacturers can’t choose between individual engineering efficiency and product development speed and agility. They are clearly inextricably related. NPD relies on efficient and effective engineering, but developing a successful product requires input and coordination from multiple disciplines, departments, and the supply chain. Process and project-level challenges can cause productivity loss on a grand scale.
Process Efficiency Outweighs Individual Productivity
When it comes to meeting product development due dates, inefficient NPD processes can make even the most efficient engineering teams miss time-to-market objectives. Researchers asked what has a larger positive impact on meeting product development due dates:
Manufacturers should leverage a product innovation platform that streamlines product development by:
How can a customized PLM system be moved to the cloud and avoid becoming stuck in a dead-end? Join James White, VP Digital Innovation Research, Tech-Clarity, and Mark Reisig, VP of Product Marketing, Aras Corporation, as they discuss:
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What’s the one constant for manufacturers today? Change.
The market is uncertain, and disruptions continue. Manufacturers cannot control demand for their products. Yet, with the right foundational technologies, they can respond confidently.
Hear Tech-Clarity’s Julie Fraser, VP of Research for Operations and Manufacturing at Tech-Clarity, and Allan Fine, Manager Sage X3 Field Sales Engineers, as they discuss technologies to boost success. Specifically, they will address planning and scheduling in the face of constant change. They will highlight better ways to utilize production capacity and manage inventory. Another concept they will discuss is the benefit of knowing the current status as well as projecting scenarios to keep the supply chain in sync with ever-changing realities to respond confidently.
View the this webcast on-demand on the Sage X3 website. Click the white box on the left in the top blue banner.
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[post_content] => How can companies increase profits from smart products? Join our smart product webcast with PTC where we’ll review real data from our recent survey on companies’ level of involvement with smart products, quantified business results, and the opportunities and challenges of pursuing a smart products strategy.
Register now to learn more insights on August 17th at 12 PM EST.
For related research, please read Profiting from Smart Products to learn how manufacturers can differentiate and grow profitability as smart products become the new norm.
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[post_content] => Smart products are the new norm. How can manufacturers differentiate and grow profitability as even their smart products become commodities?
Our survey of over 150 companies shows that manufacturers are targeting much larger goals as they mature their smart product strategies beyond their products by adopting smart, connected, digital business models.
Please enjoy the summary* below. For the full research, please visit our sponsor PTC.
You can also register for a webcast sharing the results.
Smart Products are Mandatory
Our research on smart products has clearly shown the importance and expected growth of smart products. Since our earlier studies, our experience shows that companies have been aggressively transitioning to smarter products as predicted. At this time, survey respondents clearly indicate how critical the transformation has become. A full 86% of respondents indicate that smart products are important to support the long-term success and profitability of their company. Over one-third say they are critical.
Smart Product Requirements are Expanding
The move to smart products, however, is a journey. Not all companies with smart products have reached their full potential. Already in 2017, our research showed that over one-half of companies developing smart products feared losing market share unless they continually made products smarter2.
Are Smart Products Enough?
At this time researchers set out to investigate whether even making products “smarter” is enough to continually leverage smart products for profitability. There is a wide variety of maturity in how these products are used to drive value. We believe that smart products merely set the stage for even greater levels of business value unlocked by new, digital business models. Let’s take a look.
Quantifying the Advantage
Researchers quantified the reported performance advantages by comparing the profitability improvements of the Top Performers as compared to the Others.
They found that Top Performers have, on average, increased revenue by 43%. That’s twice as much as Others. They have also decreased cost by about 11% more than Others. Clearly, these companies are doing something differently.
Identifying Best Practices
Researchers examined the practices, capabilities, and technology of the Top Performers in order to understand what they do differently. They found important differences in the capabilities and technology that reflect higher maturity related to smart products. Then, they used this information to make recommendations to Others to improve their own performance.
How can engineers improve efficiency, personal productivity and find the information they need faster? Join this live Onshape webcast with James White, VP of Digital Innovation Research at Tech-Clarity; Theo Richardson, founding partner and Director of Development at Rich Brilliant Willing (RBW); and Dave Corcoran, Head of Products at Onshape to gain insight into how top performing companies overcome the challenges of legacy file-based CAD and PDM systems.
Register now to gain insight into how top performing companies overcome the challenges of legacy file-based CAD and PDM systems.
For related research, read Accelerating Product Development with the Cloud.
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Could medical device companies improve both patient outcomes and profit? Yes, and Predictive Quality for Medical Devices: Comprehensive Data to Move Risk-based Approaches into Production discusses how to modernize the quality system for best results. The predictive approach to quality is proactive and requires strong manufacturing data management. The report includes insights from executives at medical device companies already making strides toward these improvements.
For related research, please read The Manufacturing Data Challenge.
Please enjoy the summary* below. Please visit our sponsor, Critical Manufacturing, for the full research (registration required).
Quality is the cornerstone of medical device manufacturers’ success and touches every aspect of the business. Quality is paramount not only for cost and compliance but for patient outcomes. As a result, many companies use sophisticated simulation and analysis to predict outcomes in research and development (R&D). Yet, that is only a part of the quality system. It’s time to expand predictive quality into production – and to create feedback loops.
Predictive vs. Traditional Quality
Traditional quality is reactive or preventive at best. Rigid standards and procedures guide all activity, and samples and testing are frequent to be safe. Predictive quality is more proactive and adaptive – within the validated envelope. This new quality approach leverages data from product and process design, inventory, and supplier quality. It combines that data with real-time production information to foresee whether a product will meet quality specs.
Predictive Quality to Meet Market Pressures
Medical device manufacturers are under new pressures from both the market and regulators. Predictive quality is a foundational approach to meet those pressures:
With the crisis phase of COVID-19 passing, how are companies adjusting corporate strategies and priorities to address intensified business risk and disruption? How are they setting transformation strategies to ensure long-term business success and profitability in the face of rapidly evolving business models, new technology adoption, environmental concerns, socio-economic issues, and political uncertainty? We surveyed 246 organizations to find out.
Please enjoy the summary* below. For the full research, please visit our sponsor Dassault Systèmes.
You can also read our 2020 research, Business Sustainability and Survival 2020, as well as our 2019 research, Executive Strategies for Long Term Business Success.
2021 Reaction Reflects a More Long-term View
The current survey results indicate that organizations are returning to a more balanced response across the pillars of business sustainability. Over the last year, we've seen workforce development and environmental sustainability focus rebound. The number of organizations that report they are increasing focus or accelerating environmental sustainability efforts tripled from 12% to 36%, and those that are increasing attention on workforce development grew by 255%. These changes are encouraging, but also reflect the reality that many took a step back from these needs due to the magnitude of the disruption. The return to a balanced approach will help organizations recover and transition to a new normal.
Digital Transformation Is Becoming The Norm
We put greater emphasis on technology in this year's survey because almost one-half of businesses increased focus and/or accelerated digital transformation last year due to the pandemic. This is not just due to the pandemic, of course. Our survey on the state of digital transformation3 found that more than one-half of respondents believe that digital initiatives are "important" if not "critical" to their business strategy. This survey supports that, showing the high strategic importance of digital transformation. It also points to the need to enable more remote work and collaboration, which requires new, digital technologies.
Sustainability Requires New Technology Adoption
How important, then, did respondents report that technology adoption is to their company's long-term success and profitability? Just over half say it's critical, and a full 94% state that it's at least important. The answer is not surprising. Many traditional organizations are in the process of becoming digital businesses. The message is clear; technology is a vital enabler of long-term business sustainability.
I had the pleasure of joining Dassault Systemes’ special ENOVIA Champions Advisory Board Meeting at the end of 2021. It was a unique learning opportunity because the Champions are a global community of people that use or support ENOVIA and the 3DEXPERIENCE platform at their companies. It was also nice to see some industry friends at the meeting.
I was impressed by the group’s Program activities and participation. The awards presented at the event reflect significant community engagement. The participants are active and not only have a great networking opportunity, they are empowered to learn, engage and influence the ENOVIA leadership team to help drive solution strategy to benefit their companies. Individuals who apply to the ENOVIA Champions Program represent a wide variety of Dassault Systemes customers across virtually every industry from across the globe.
I was also pleased to see the level of organization and support provided by Dassault Systemes. Its logistics support makes participation in the sessions and other related community activities relatively easy. The involvement by the Dassault Systems ENOVIA team, including executive participation by ENOVIA CEO Stéphane Declee and Program leadership by Susan Lenzi, demonstrates that Dassault Systemes’ values interaction with its users. This program is a good example of a highly, mutually-beneficial vendor–customer relationship.
I had the pleasure of joining Dassault Systemes’ special ENOVIA Champions Advisory Board Meeting at the end of 2021. It was a unique learning opportunity because the Champions are a global community of people that use or support ENOVIA and the 3DEXPERIENCE platform at their companies. It was also nice to see some industry friends…
Did you know engineers waste so much time on non-value-added work, they only spend about 54% of their time actually designing? How can you prevent them from wasting too much time on non-value-added work? Our research uncovered some significant engineering inefficiencies that contribute to this including: 29% percent of engineering time is spent working with…
How can manufacturers succeed in the face of uncertainty that creates new needs for decision-makers at every level? Read (Re)Gaining Control in Manufacturing: The Right ERP can Ensure Uncertainty Doesn’t Restrict Your Growth to learn how and hear from three executives who have done it. Why the right fit modern, comprehensive, and factory-capable ERP opens…
Given the unpredictable supply and market, how can electronics manufacturers prosper? Read Boosting Operating Margins in a Changing World: Why Electronics Manufacturers Need MES More than Ever to see that even the best SMT software is not enough. You’ll hear from us and three major electronics companies’ executives on: Recognizing that new business models have…
What’s the difference between the vision and the reality of the AEC digital twin? What do clients really want? This webinar asks the experts to weigh in. Increasing focus on digitalization has spurred interest in the concepts and benefits of digital twins. Companies and organizations worldwide strive to leverage digital twins to become more efficient…
Should quality management and product lifecycle management be a single system? As companies seek better digital continuity, the answer might appear to be yes. And yet, it may not work in every company. Register now to hear arguments on both sides of this debate on Tuesday, October 13 at 11 am Eastern, 8 am Pacific,…
How can manufacturers adopt cloud PLM to support digital transformation but avoid being stuck with a dead-end, custom system? Is it time to force a hard decision between customization and the cloud? Read Digital Transformation Driving PLM to the Cloud to learn what three leading manufacturers and our research have to say. How today’s manufacturers…
Would you like to learn more about one of the fastest growing best practices for systems engineering, MBSE: The Unsung Hero? Michelle Boucher joined an expert panel to discuss MBSE as the unsung hero of systems engineering and a key enabler of innovation in complex products. The panel discussed: How MBSE is different The value…
Manufacturing is constantly evolving, so how do you define advanced manufacturing? In this podcast episode, Julie Fraser and James Zhang, VP Market Development, Connected Operations at PTC, share their views. It starts with what constitutes advanced manufacturing today and how that has changed. New technologies can play a role, but are not sufficient. How a…
How are your engineers managing increasing product complexity? As competitive pressures have driven innovations such as smarter features and new services, product complexity has increased. Consequently, this continues to make the job of an engineer that much harder. Our research has found that this complexity is only going to increase. Yet, the most successful companies…
How can you navigate digitalization challenges in a way that will evolve with current and future needs? Join this webcast where we’ll share the results of Tech-Clarity’s research on how manufacturers accelerate digital transformation with low-code applications, and Siemens’ Christopher Merz will share practical experience from the field. You will learn: The importance of digital transformation…
What is more important to meeting new product development due dates, individual engineering productivity or product development efficiency? We surveyed over 160 companies to find out. Please enjoy the summary below.* For the full report, please visit our sponsor SOLIDWORKS (registration required). Table of Contents Executive Overview Individual Productivity or Process Efficiency? The Impact of Product Development…
How can a customized PLM system be moved to the cloud and avoid becoming stuck in a dead-end? Join James White, VP Digital Innovation Research, Tech-Clarity, and Mark Reisig, VP of Product Marketing, Aras Corporation, as they discuss: How today’s manufacturers are leveraging cloud PLM to support their digital transformation initiatives The business triggers that…
How can you include the customer experience in your digital thread to gain deeper insights and increase customer intelligence? Join Jim Brown (Tech-Clarity), Ray Hein (CEO & Co-Founder of Propel), and Tony Kratovil (VP, Manufacturing Solution Leader at Salesforce) as they discuss: Merging the operational phase of the product lifecycle with the voice of the…
What’s the one constant for manufacturers today? Change. The market is uncertain, and disruptions continue. Manufacturers cannot control demand for their products. Yet, with the right foundational technologies, they can respond confidently. Hear Tech-Clarity’s Julie Fraser, VP of Research for Operations and Manufacturing at Tech-Clarity, and Allan Fine, Manager Sage X3 Field Sales Engineers, as…
How can companies increase profits from smart products? Join our smart product webcast with PTC where we’ll review real data from our recent survey on companies’ level of involvement with smart products, quantified business results, and the opportunities and challenges of pursuing a smart products strategy. Register now to learn more insights on August 17th…
Smart products are the new norm. How can manufacturers differentiate and grow profitability as even their smart products become commodities? Our survey of over 150 companies shows that manufacturers are targeting much larger goals as they mature their smart product strategies beyond their products by adopting smart, connected, digital business models. Please enjoy the summary*…
How can engineers improve efficiency, personal productivity and find the information they need faster? Join this live Onshape webcast with James White, VP of Digital Innovation Research at Tech-Clarity; Theo Richardson, founding partner and Director of Development at Rich Brilliant Willing (RBW); and Dave Corcoran, Head of Products at Onshape to gain insight into how top performing…
Could medical device companies improve both patient outcomes and profit? Yes, and Predictive Quality for Medical Devices: Comprehensive Data to Move Risk-based Approaches into Production discusses how to modernize the quality system for best results. The predictive approach to quality is proactive and requires strong manufacturing data management. The report includes insights from executives at…
With the crisis phase of COVID-19 passing, how are companies adjusting corporate strategies and priorities to address intensified business risk and disruption? How are they setting transformation strategies to ensure long-term business success and profitability in the face of rapidly evolving business models, new technology adoption, environmental concerns, socio-economic issues, and political uncertainty? We surveyed…