The Cloud Improves Product Development Speed and Collaboration
Researchers discovered that product development speed drives profitability, but that today’s status quo hampers time to market because product development resources waste too much time on non-value-added activities. On the other hand, companies that use the cloud for product development find it easier to collaborate, waste less time, and are less likely to report missing due dates due to product development challenges.
Please enjoy the summary* below. Access the full eBook from our sponsor, Onshape (registration required).
Table of Contents
Profitability Demands Product Development Velocity
Companies are Wasting too Much Development Time
Wasted Time Leads to Costly Errors and Delays
Increased Reliance on Others will Increase Wasted Time
Benchmarking Product Development Performance
The Cloud Enhances Product Development
The Cloud Fuels Collaboration
Cloud Benefits for Product Development
Conclusions
About the Research
Acknowledgments
Profitability Demands Product Development Velocity
The Need for Speed
Let’s start with the business in mind. Product development is critical to a profitable manufacturing company. Manufacturers must innovate quickly to respond to market and customer needs. Responding companies confirm this, with over one-half selecting product development speed as a driver of their business success and profitability over the next three years, making it the most prevalent factor.
Design Necessities
Cost, quality, and performance are also commonly reported drivers. Our product development research, however, consistently shows that these are market necessities and not necessarily differentiators. Our experience shows that most companies choose to delay product delivery to satisfy quality and performance goals, sacrificing due dates, market speed, and associated leadership opportunities.
Companies are Wasting too Much Development Time
Non-Valued-Added Activities Lose Precious Time
Although time is critical, product developers spend a significant amount of time waiting for others and working on non-value-added activities. Survey respondents report waiting for data, waiting for others to finish designs, and the ever-present challenge of finding the data they need to do their jobs. Beyond that, they report losing time attending non-productive meetings.
Technical Resources Waste One-Half of their Time
The amount of wasted time is significant. Respondents report that technical resources such as designers and engineers only spend about 47% of their time directly on product innovation, product development, and engineering. Manufacturers can’t afford this when time is so crucial to profitability. Just imagine the benefits of eliminating these challenges and the impact it would have on product development speed.
Conclusions
Key FindingsCompanies need to move fast in product development in order to drive profitability, but currently waste too much time on non-value-added product development activities and suffer from delays. Many of the challenges that hamper product development speed relate to waiting for others. Unfortunately, reliance on others – both internally and externally - is both highly valuable and growing.
Top Performers, however, are more likely to use cloud systems for product development and are better able to collaborate and waste less time than Others. Both Top Performers and companies that use the cloud report much easier collaboration, both internally and more importantly externally. The bottom line is that companies that use the cloud waste less time and are less likely to miss due dates, driving the product development speed that leads to business success and company profitability.
*This summary is an abbreviated version of the research and does not contain the full content. A link to download the full report is available above.If you have difficulty obtaining a copy of the report, please contact us using the "Contact" link below.
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[post_content] => How do your product innovation processes stack up against your competitors? Against top innovators? What practical steps can you take to improve it? Watch this webcast to understand how to benchmark your digital innovation maturity.
Benchmark Your Digital Innovation Maturity
This webcast shares definitions and details about the four pillars of digital innovation maturity:
Digital Twin
Digital Thread
Digital Manufacturing
Digital Innovation Platform
The webinar also shares some results from our digital innovation research and a demonstration of Tech-Clarity's Digital Product Innovation Maturity Assessment.
In addition, Scott Clemmons, Director of Global Industry Marketing at Siemens Digital Industries Software, shares the Siemens' perspective on digital product innovation.
Watch the webcast replay now, sponsored by Siemens (registration required).
Or, benchmark your digital innovation maturity now (no registration required).
[post_title] => Benchmark Your Innovation Processes and Systems (webcast)
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[post_content] => Why are manufacturers pursuing the digital thread? What is the right PLM system to support a digital thread initiative? Jim Brown joins PTC's Jeff Zemsky to share results from Tech-Clarity's recent survey on PLM and the Digital Thread. Jim and Jeff discuss the goals and benefits of the digital thread, followed by requirements to ensure that companies select the right PLM to provide the digital thread backbone.
Register for PTC sponsored the webcast now.
Please also see our related eBook, Choosing the Right Enterprise PLM to Support Digital Thread Initiatives.
Webcast Announcement
Leading manufacturers are embracing the digital thread to streamline product development and create digital continuity across the product lifecycle.
The digital thread is a strategic initiative that provides significant, measurable benefits including, increased engineering efficiency, improved quality, faster time to market, enhanced innovation, and better compliance.
The backbone of the digital thread is enterprise PLM. PLM is a key digital enabler according to a recent Tech-Clarity survey, finding that top performing companies are 73% more likely to use PLM to support the digital thread.
Join our panel interview hosted by Jim Brown, President of Tech-Clarity and Jeff Zemsky, Senior Director of Product Management, PTC. The panel will share recent survey results on PLM and the digital thread and discuss how to select the right PLM solution to meet digital thread objectives. The webcast covers:
The strategic value of the digital thread
How to create digital continuity across the product lifecycle
Key requirements of a supporting solution
Special considerations for Engineering, Manufacturing, Quality, Service, and IT
Other requirements critical to achieving digital thread value' is supposed
[post_title] => Selecting PLM for the Digital Thread (webcast)
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[post_content] => How can engineers avoid wasting precious design time on non-value-added data management tasks? Take a look at our new infographic Avoiding Time Wasters in CAD Design to see a graphical representation of our research. The "CAD Design Challenge" turns design into a board game that highlights key time wasters in design and the best practices that help engineers avoid them.
We've shared the introduction and the first challenge that leads to wasting design time - the inability to reuse data - below. To view the full infographic, please visit our sponsor Siemens Digital Industries Software (no registration required)
*This summary is an abbreviated version of the research and does not contain the full content. A link to download the full infographic is available above.If you have difficulty obtaining a copy of the report, please contact us using the "Contact" link below.
[post_title] => Avoid Wasting Design Time (infographic)
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[post_content] => How can manufacturers improve their product innovation processes to outperform their competition? Jim Brown shares his perspective on digital transformation for innovation and invites manufacturers to take a free digital innovation assessment in his guest post on the Siemens Thought Leadership Blog.
Top Innovators have Digitally Transformed Innovation
Product innovation requires inspiration and a conducive culture to flourish. It is also heavily reliant on effective product design, development, and engineering practices. Turning an idea into a profitable product takes a coordinated effort supported by the right processes and tools. Our research shows that top innovators – those companies that outperform their competitors in revenue growth, profit margin expansion, and product portfolio freshness – have digitalized their product innovation process. These companies have embraced digitalization across four pillars:
Digital Twin
Digital Thread
Digital Manufacturing
Digital Innovation Platform
Read More
Please click the synopsis below to read the full guest post on digital transformation for innovation including:
The four pillars of digital innovation
How to understand your digital innovation maturity
How to benchmark your maturity and get customized recommendations
An invitation to take the assessment to benchmark your company
Next steps
Ready to take the assessment? You can reach the Digital Innovation Maturity Assessment directly here. Or, read more about the assessment tool here.
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[post_content] => [caption id="attachment_8669" align="alignright" width="261"] IT/OT convergence is beneficial and while mindsets must change, today's technologies make it possible to converge plant data.[/caption]
How can plants leverage all of their data more effectively? One foundation is for IT and OT to converge. But that does not have to be far in the future. My guest blog Practical Approaches to IT/OT Convergence discusses why and how to tear down the wall between manufacturing engineering and their operational technology (OT) and IT and their information technology (IT).
For the full post, please visit the Critical Manufacturing blog.
Blog topics:
Benefits of better IT/OT convergence, which are many and proven
How current technologies can support this convergence at every stage of data:
Gathering data effectively
Putting IT and OT data into context
Gaining consistent access
Increasing visibility into performance
Practical questions to ask to explore your next steps toward IT/OT convergence
What’s the cost of poor-quality plastic parts? How can you avoid that cost?
Findings from Tech-Clarity’s eBook, How-to Guide for Designing and Molding Better Plastic Parts reveal that 96% of surveyed manufacturers report finding manufacturing defects during mold trials. Highlighting why that's so painful, manufacturers report that correcting these defects during the mold trial adds 26% to the total cost of the mold. Interestingly, many of these defects could be avoided with adjustments to the part design. The challenge is identifying potential problem areas earlier during the design process to make the necessary corrections so that plastic parts are produced as designed.
This eBook compares the needs of both part designers and mold designers, sharing their personal advice. It reveals five recommendations to help you improve the quality of plastic parts.
Please enjoy the summary* below. For the full report, please visit our sponsor SOLIDWORKS (registration required).
TABLE OF CONTENTS*
Opportunities for Better Plastic Parts
How Do You Stay Competitive
Common Design Challenges
The Impact of Manufacturing Defects
Where to Focus to Improve Part and Mold Design
The Needs of Part and Mold Designers
Conclusions
Recommendations
About the Research
Acknowledgements
Opportunities for Better Plastic Parts
Lower the Cost of Quality
What’s the cost of poor-quality plastic parts? Tech-Clarity research finds that part quality is critical to product success, yet manufacturing defects in plastic parts is one of the top issues that negatively impacts product competitiveness. Unfortunately, it is hard to avoid manufacturing defects as 96% of surveyed manufacturers report finding them during mold trials. The cost is quite high as manufacturers find
that correcting these defects during the mold trial adds 26% to the total cost of the mold. Imagine if you could lower some of that cost by making better decisions during design to avoid those issues before the mold trial?
This research study, based on a survey of 265 manufacturers, examines common challenges with plastic part and mold design, their impacts, and how to overcome them. The research reveals five best practices to help you ensure your plastic parts will be produced as designed.
How Do You Stay Competitive?
Getting Ahead
What's most important to winning your customer’s business? It doesn't matter if you are designing plastic parts or the mold; companies indicate quality, cost, and reliability are most important (see lower graph). Unfortunately, if you don't meet these objectives, not only will you fail to win new business, but the final product will be less competitive.
What Hurts Competitiveness?
If you can't produce plastic parts as designed, the entire product will be less successful. Companies rate manufacturing defects as the top issue to negatively impact competitiveness. Defects can range from cosmetic problems such as flow lines or burn marks to more severe issues that hurt the structural integrity. These problems ultimately gives customers the impression that the product suffers from poor quality.
Other resulting issues include market delays and excess cost. Problems found during the mold trial will contribute to both of these issues as the troubleshooting, reworking of the mold, or part design changes consume both time and budget. During that time, a competitor may beat you to market, or you may have a reduced window of opportunity to collect revenue. Excess costs either cut into profitability or dictate a less competitive price.
Improve Design
These problems reflect poorly on the entire product. Even an exceptional design will not realize its full market potential if the plastic parts give the impression the product is inferior. It’s critical to properly design plastic parts and ensure the mold produces them as designed.
Recommendations
Recommendations and Next Steps
Based on industry experience and research for this report, Tech-Clarity offers the following recommendations:
Facilitate collaboration between part and mold designers. Mold designers can provide insight to optimize the part design for injection molding, and part designers can clarify part requirements for the mold designer.
Use technology to supplement experience. Modern software tools contain many automated features that will guide designers.
Support design for manufacturability with injection molding simulation. Injection molding simulation will catch many manufacturing defects during design so that you can correct them early on, reducing the number of problems found during the mold trial.
Use injection molding simulation early and regularly. The earlier you use injection molding simulation during part design, the more you can optimize the part for injection molding, so there is less risk of manufacturing defects, and the mold design can optimize cycle time.
Integrate injection molding simulation and design. An integrated solution streamlines the process of preparing the design model for analysis, reducing a barrier to simulation.
*This summary is an abbreviated version of the research and does not contain the full content. A link to download the full report is available above.If you have difficulty obtaining a copy of the report, please contact us using the “Contact” link below.
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[post_content] => How has one of the largest integrated suppliers to the wood processing industry used the IoT to digitally transform their business and deliver new revenue? Learn how BID Group has improved throughput and performance for their customers by remotely monitoring their equipment through the IoT. Join this interactive IndustryWeek webcast, How BID Group Delivers New Revenue and Customer Value with the IoT, to hear Tech-Clarity's Jim Brown and Bid Group's Sefton Jubenvile discuss IoT remote monitoring goals, value, success, and adoption. Jim will discuss perspectives from Tech-Clarity's recent Service Transformation by Monitoring Customer Equipment eBook and Sefton will share his experience helping transform BID Group into a digital business.
Register for the PTC sponsored IndustryWeek webcast now (registration required).
Synopsis
BID Group is one of the largest integrated suppliers in the wood processing industry and is the North American leader in their field. Achieving this position required the company to gain a deep understanding of how their products and services help their customers to operate at the highest level of profitability.
This discussion will look at:
How BID Group developed a solid digital transformation strategy for service verse building an in-house solution
The importance of listening to customers and how to best incorporate those insights into a solution to guarantee added value
The value of their production health module and how this improves customer satisfaction
The unique benefits that are passed on to customers to improve mill efficiency and profitability
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[post_content] => How can PLM enable manufacturers to streamline engineering and create digital continuity with a cohesive digital thread? What should they look for in a PLM system to support their digital thread initiative? Our new eBook, Choosing the Right Enterprise PLM to Support the Digital Thread, shares survey results analyzing the value of the digital thread and shares requirements to achieve the practices of top-performing companies.
Please enjoy the summary below. For the full report, please visit our sponsor PTC (registration required).
Table of Contents
Choosing the Right PLM
Introducing the Buyer’s Guide
The Digital Thread Imperative
What to Look for to Streamline Engineering
What to Look for to Create Digital Continuity
Digital Thread Business Value
Considerations by Role – Engineering
Considerations by Role – Manufacturing
Considerations by Role – Quality
Considerations by Role – IT
Considerations by Role – Service
PLM is the Digital Thread Backbone
Special Considerations – Emerging Technologies
Special Considerations – Industry Requirements
Implementation Considerations
Vendor Considerations
Conclusions and Next Steps
About the Research
Acknowledgments
Introducing the PLM for Digital Thread Buyer's Guide
Digital Thread and PLM Survey Highlights
A recent survey of over 250 manufacturers and engineering firms highlights the strategic value of the digital thread and the vital role that PLM plays to achieving their objectives. In fact, over three-quarters of manufacturers view the digital thread as either important or critical to achieving their business strategy.
Structure of this Guide
This buyer’s guide analyzes the strategic value of the digital thread and then shares the things companies should consider when choosing a supporting solution. The guide shares functional requirements needed to streamline engineering and create digital continuity across the product lifecycle. It also shares some critical things to look for by key roles in the manufacturing enterprise.
The guide then goes beyond functional considerations to identify special considerations, vendor requirements, and important factors to ensure successful implantation and adoption.
The Digital Thread Imperative
Business Strategies Demand a Cohesive Digital Thread
Over three-quarters of companies say that the digital thread is either important or critical to achieving their business strategy.
Surveyed companies report a variety of important goals for their digital thread initiative (see chart). The range of goals highlights the many potential digital thread benefits.
While definitions vary, there are two primary values of the digital thread; streamlined engineering and digital continuity.
Streamlined Engineering
The digital thread streamlines design by allowing product development teams to share and reuse design data across the stages of innovation. Design continuity along the digital thread allows designers to add their design information to a cohesive design model, directly incorporating and extending design data from prior steps.
Digital Continuity
The digital thread ties product information, decisions, and history together in a structured, integrated way that captures product innovation and knowledge throughout the product lifecycle. It establishes traceability from early in the front end of innovation through development, manufacturing, service, and field operation.
Conclusions and Next Steps
Invest in the Digital Thread
Invest in the digital thread to streamline engineering and create digital continuity. Top Performers are 2.6 times as likely to view the digital thread as critical to supporting their business strategy.
Extend the Thread across the Lifecycle
Adopt a comprehensive scope that incorporates cross-departmental data. Top Performers are more likely to include manufacturing, quality, and service plans in the scope of their digital thread, and enrich it with actual data from the IoT.
Leverage PLM as the Digital Manufacturing Backbone
Adopt PLM to support the digital thread. Top Performing companies are 2.4 times as likely to view PLM as critical to supporting the digital thread and are much more likely to use PLM to support the digital thread.
Enjoy the Benefits
The digital thread provides significant, measurable benefits including, increased engineering efficiency, improved quality, faster time to market, enhanced innovation, and better compliance. Top Performers gain even higher benefits than others. For example, these more successful product developers enable their technical resources to spend 27% more time, on average, on value-added activities than their poorer performing counterparts.
*This summary is an abbreviated version of the research and does not contain the full content. A link to download the full report is available above.If you have difficulty obtaining a copy of the report, please contact us using the "Contact" link below.
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[post_content] => What should manufacturers look for in a solution to digitalize and transform service through IoT remote monitoring? What can they do to change the relationship they have with their products and customers to increase business value for themselves and those using their products?
Join this interactive webcast, How to Select the Right Digital Transformation Solution, to hear Tech-Clarity's Jim Brown and PTC's Jon Kadane discuss IoT remote monitoring goals, value, and adoption requirements. Jim will discuss perspectives from his recent Service Transformation by Monitoring Customer Equipment eBook and Jon will share related experience working with customers.
Register for the PTC sponsored webcast replay now (registration required).
Synopsis
Service transformation is the new frontier of innovation. Industrial machine builders create equipment that includes multiple digital computers and controllers. These complex machines are high-value, capital equipment requiring high uptime and continuous availability. To stay competitive users cannot afford downtime and expensive outage.
During this 30-minute webcast Jim Brown, President Tech-Clarity and PTC discuss digital transformation. In the discussion, they review how to develop a solid IoT strategy compared to building an in-house solution. Moreover the discussion focuses on how to monitor customer equipment to increase customer value, drive greater efficiency, and improve profitability.
This discussion is a must for any manufacturer looking to make an informed decision about implementing an IoT solution to transform their business.
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[post_content] => Julie Fraser here, and if you came in through Iyno Advisors, let me explain why I’m so excited to be part of Tech-Clarity now.
Focus on making the business value of technology clear
Greater visibility in the market and more activity on the website
Better capabilities to conduct original research
Broader focus on the full lifecycle of manufacturing enterprise software needs from concept, engineering and planning through manufacturing and service
Video and other multi-media approaches as well as papers and webcasts
An amazing team with deep expertise and values I share
Please stay in touch on your journey. Also, please sign up for our newsletter!
[post_title] => Welcome to Tech-Clarity from Julie Fraser
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[post_content] => Is your company prepared to respond to the critical business issues facing the high-tech industry? What key issues must your business prepare for in this fast paced high-tech market?
Tech-Clarity’s Solving High-Tech’s Top Six Critical Business Issues eBook identifies the top six critical business issues that high-tech companies should address. This will help them respond to market disruption and to stay relevant. As new technologies such as 5G, artificial intelligence, machine learning, quantum computing, and others create opportunities for innovation, there is even more pressure on development teams. The pace of innovation is so fast, high-tech development teams cannot afford to be hindered by process bottlenecks.. This eBook provides recommendations and guidance to enable greater agility to help high-tech companies stay competitive.
Please enjoy the summary* below. For the full report, please visit our sponsor SOLIDWORKS (registration required).
TABLE OF CONTENTS*
Opportunities and Threats for High-Tech Companies
The Speed of Innovation in High-Tech
High-Tech Business Drivers
Product Challenges Facing High-Tech
How to Address the 6 Business Issues
1. Take Cost Out
2. Avoid Quality Problems
3. Enable Higher Productivity and Operational Agility
4. Facilitate Innovation
5. Ensure Performance and Reliability
6. Comply with Environmental and Regulatory Requirements
Conclusions
Acknowledgement
The Speed of Innovation in High-Tech
Technology Is Disruptive
Imagine all the ways technology has impacted our lives. It can be mind-boggling. Just think, how many high-tech products do you rely on every day that didn’t even exist not so long ago? Can you imagine life without the internet, smart phones, or a GPS? Not only are those relatively newer technologies commonplace, they’ve led to numerous other high-tech businesses, many of which have been disruptive.
It Is Hard to Stay Relevant
It is hard to believe today’s high school students don’t remember a world without the iPhone or have no concept of waiting to develop film after a family vacation. At the same time, some of today’s hottest products will eventually meet the same fate as the Walkman and VHS player, products we could not live without in the 80s, but are completely irrelevant today. In the high-tech industry, if you are unable to rapidly respond to today’s critical business issues, you risk becoming tomorrow’s Palm, the first company to produce personal digital assistants (PDAs), but it did too little, too late to maintain its market share. Interestingly, a study conducted by Innosight projects that nearly 50% of the current S&P 500 will be replaced over the next decade. Consequently, high-tech companies should take the right steps now to avoid that fate.
Implement Solutions for Today’s Critical Business Issues
The number of companies expected to fail highlights that too many companies rely on their current success. They avoid putting solutions in place for today’s critical business issues. Unfortunately, old approaches that helped you get by in the past, may no longer be enough. The significant competitive pressure leaves little room for missteps, so it is critical that you address these important issues to position your company to win.
Product Challenges Facing High-Tech
The Unique Challenges for High-Tech
To address these business issues, there are several challenges high-tech companies must consider to succeed. The difficulties arise from unique design trends in the high-tech industry.
Miniaturization
One key design trend is miniaturization. While electronics get smaller and smaller, more innovative features and function must be packed into those tiny packages. Miniaturization leads to greater complexity and very dense packaging. The situation is only going to get harder as Tech-Clarity research3 finds that 56% of high-tech companies continue to feel pressure to incorporate even more software and electronics into their products over the next five years. Increased density brings with it more challenges as engineers have to manage heat. With heat being a leading cause of electronics failure, cooling solutions become a critical design requirement.
Smarter and More Connected ProductsAnother key trend is that products are becoming smarter and more connected. Product intelligence requires more engineering disciplines, making collaboration across the team critical, especially to overcome the inherent silos within engineering disciplines.
Ignoring this trend is not an option as 50% of high-tech companies report they will lose market share if they don't make their products smarter, and 50% also say they will lose revenue. Further, high-tech companies also feel pressure to make products connected. As can be seen in the graph, 57% of high-tech companies say it is a competitive response which means it is a trend they can not ignore because their competitors are already looking at connectivity. However, while connectivity will make them more competitive, it adds to the complexity and extends the need for excellent collaboration
Conclusions
It is a very exciting time for the high-tech industry. Companies have lots of opportunities to innovate with options such as smart and connected products. At the same time, the market moves at a rapid pace. Plus design trends such as miniaturization create unique challenges for high-tech companies. By supporting excellent collaboration with an integrated ECAD/MCAD design environment, companies can overcome many challenges. To address the top critical business issues facing the industry, high-tech companies should focus on the following:
Take cost out
Avoid quality problems
Enable Higher Productivity and Operational Agility
Facilitate Innovation
Ensure Performance and Reliability
Comply with Environmental and Regulatory Requirements
By focusing on these issues, hi-tech companies will be better positioned to develop and produce products that will be highly competitive in today’s global economy.
*This summary is an abbreviated version of the research and does not contain the full content. A link to download the full report is available above.If you have difficulty obtaining a copy of the report, please contact us using the “Contact” link below..
[post_title] => Solving High-Tech’s Top 6 Critical Business Issues
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[post_content] => Tech-Clarity is pleased to announce that we are expanding our research team and extending our coverage to manufacturing operations software! Industry veteran and long-time research analyst Julie Fraser joins Tech-Clarity as Vice President of Research, Manufacturing Software. Julie brings with her a wealth of depth in manufacturing, scheduling, quality, maintenance, and smart manufacturing. Please visit Julie's bio page for more on her background.
As a team, we look forward to expanding and deepening our coverage of software across the manufacturing lifecycle. New technologies are emerging and existing technologies are converging, allowing manufacturers to digitally transform their business. Leading manufacturers are eliminating the gaps between product innovation, product development, engineering, manufacturing, and service. Today's leading software vendors are expanding their product portfolios to support this trend, developing comprehensive solution portfolios across the product lifecycle. Product Innovation Platforms offering CAD, CAE, PDM, and PLM are aligning and integrating much more closely with manufacturing operations solutions including MES / MOM, QMS, and more. "This is a strategic move," explains Jim Brown, President and Founder of Tech-Clarity. "As manufacturers integrate engineering and manufacturing operations, it's important for us to cover a broader perspective of the manufacturing and engineering systems landscape. Julie brings great experience and credibility, we are excited to have such a proven analyst join our team to help continue our mission of making the value of technology clear.”
Julie’s research focus will include smart manufacturing, Industry 4.0, manufacturing, quality, maintenance, scheduling, and related technologies. Please follow Julie on Twitter and join our mailing list to read Julie’s research.
For more information or to schedule a briefing please feel free to contact us.
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Julie Fraser is the Vice President of Research for Operations and Manufacturing for research firm Tech-Clarity. She covers Industry 4.0, Smart Manufacturing, MES/MOM, QMS, APS, APM/CMS, IIoT, AR/VR, other technologies and solutions for manufacturing.
Julie has over 25 years as an industry analyst in addition to experience in marketing and strategy (Berclain/Baan, now Infor) and editorial roles for computer and technology publications. She worked as an assembler over college summers and that got her hooked on manufacturing. She has a BA in German and French, Magna cum laude, Phi Beta Kappa, from Lawrence University in Wisconsin. She is also a certified business change agent and conscious business ambassador.
Julie’s current areas of research include the realities of moving Industry 4.0 from vision to reality; the role of MES/MOM in the new landscape; incremental vs. transformational change in manufacturing; approaches to empower plant workers and their leaders; IT/OT convergence; personalized and local manufacturing; and more. She is fascinated by the organizational, cultural and personal transformations required to drive success with new technology and approaches to manufacturing.
Julie is a certified yoga and meditation teacher. When she’s in love with life, good things like the opportunity to work for Tech-Clarity come at the right time.
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[post_content] => Simulation for design engineers can be a powerful tool to provide directional insight and guide design decisions. But, are your design engineers using the right tool?
When design engineers use the right simulation tool, they can save your company time and lower the cost of innovation. However, the wrong tool can make it significantly harder to realize the potential value. Tech-Clarity’s 6 Issues to Avoid in a Simulation Tool for Design Engineers checklist identifies what a company should avoid when looking for a simulation tool for design engineers.
To learn more, please see the full infographic from our sponsor PTC (no registration required).For more information, see the related Simulation Buyer’s Guide.
[post_title] => Simulation for Design Engineers: 6 Issues to Avoid
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[post_content] => How can equipment manufacturers transform their customer and equipment relationships to drive greater value for themselves and their customers? Digital service transformation by monitoring equipment via the IoT holds the key to improving service, satisfaction, and customer success.
Please enjoy the summary below. For the full eBook, please visit our sponsor PTC.
Table of Contents*
Digitally Transform Customer Relationships
Practical First Step: Remote Monitoring
Connect and Communicate with Equipment
Put Equipment Data to Work
Next Steps
Acknowledgments
Digitally Transform Customer Relationships
Digital Transformation is Critical
Equipment manufacturers are making major business improvements by digitally transforming customer relationships using the Internet of Things (IoT). They’re moving beyond selling a machine to providing ongoing value throughout the life of their product.
Service transformation lowers costs and drives more service revenue. Some companies expand on this value, exploring new business models like selling outcomes versus products or shifting to a predictive service model.
Become a Strategic Partner
Beyond direct financial benefits, digitalizing service allows manufacturers to become a strategic partner by increasing the value their customers gain from their equipment, improving both customer satisfaction and success.
Start with Remote Monitoring
The most common (and achievable) first step is remotely monitoring your equipment in customers’ facilities. This gives you the real-time information you need to quickly identify issues and fix equipment more efficiently, improving service and reducing cost while also supporting high customer productivity.
This eBook shares suggestions on what equipment producers can do to get their machines connected, start gathering data, and put the data to use to improve customer service, satisfaction, and success. Let’s get started!
Next Steps
Start Small and Gain Value Quickly
Remote monitoring using the IoT can provide rapid value by helping your company gain visibility to your equipment. The value is strategic, but getting started doesn’t need to be intimidating. You can start small and grow value over time. Your investment can provide a valuable foundation to build on as you connect more equipment or implement more advanced features.
Select the Right IoT Platform
It’s important to find an IoT platform that offers a variety of predefined connectivity and application options so you don’t need to undertake a large integration project from scratch. Find a solution and IoT-savvy partner that can get you started with a simple project, but that offers the business knowledge and advanced tools needed to help you expand on your early success.
Get Started
Remote equipment monitoring lets companies reduce service cost, increase service revenue, develop stronger customer relationships, and start the transition to proactive and predictive service. It also increases a company’s value as a strategic partner by allowing them to improve their customers’ productivity. It’s time to get started to improve value for your company and your customers.
*This summary is an abbreviated version of the research and does not contain the full content. A link to download the full report is available above.If you have difficulty obtaining a copy of the report, please contact us using the "Contact" link below.
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Why should manufacturers make the cloud transition for product innovation and engineering solutions like CAD, Simulation, and PLM? Our research shows it's not what you think.
Cloud Transition is a Means to an End
The decision on cloud timing varies based on each company’s scenario. The first step in the transition is to understand what your company’s goals are in the first place. The change driver may be reaching the limits of an existing solution, requiring new capabilities to support digital transformation, consolidating acquisitions, or choosing to modernize IT infrastructure. The impetus for moving to the cloud helps set the right objectives.
Our prior posts discussed a variety of benefits related to cost, risk, time, and resource requirements. They also looked at some special areas that the cloud offers unique for collaboration and simulation. Cloud innovation and engineering software offers some very tangible value when companies are ready to make the move. But what is the overarching value of adopting cloud product innovation and engineering software? What should you consider for cloud justification?
The cloud should not be the driver, in the same way that the goal of a software implementation should never be to “go live” with the software. There has to be some tangible business value. For product innovation and engineering software, what better reason could there be than to improve product innovation and engineering performance? The cloud is a means to an end. The real value is helping manufacturers improve the pace and level of innovation
Read More
The post goes further to discuss:
How to improve the pace of innovation (not just of your products, but your engineering processes)
How to improve the level of innovation (including how your company works and procures solutions)
To join our mailing list for survey invitations, newsletters, or other publications please enter your address below:
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[post_content] => Jim Brown joins an educational cloud PLM webcast sharing the benefits of product lifecycle management solutions and the trend toward cloud PLM adoption. Jim presents with Mohit Daga, SOLIDWORKS Senior Product Portfolio Manager and ENGINEERING.com's Director of Content, Roopinder Tara on this Engineering.com web presentation. The speakers will examine why PLM users should consider cloud PLM and discuss considerations about transitioning critical product data to the cloud.
Engineering.com indicates that PDH Certificates will be provided to all registrants that attend the live cloud PLM webcast for a minimum of 30 minutes. Certificates will be sent by email within 72 hours after completion.
Register for the cloud PLM webcast or the recorded webcast replay on Engineering.com now.
[post_title] => Cloud PLM Webcast with Engineering.com
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[post_content] => Is trading off security to enjoy the benefits of the cloud worth it? Is the cloud-security tradeoff necessary? Why are some manufacturers still uneasy about adopting cloud software for product innovation and engineering?
There are clear benefits, but the transition started slowly. For a while, one of the most significant inhibitors to cloud adoption was a lack of “apples to apples” capabilities between traditional applications and those available on the cloud. But that disparity is no longer the issue as the market has evolved. So what’s leaving manufacturers hesitant about cloud migration?
For some companies we speak to, security still makes them uncomfortable starting their cloud transformation. It’s an important issue and one that they must consider. Let’s take a look at how companies perceive the security-cloud benefits tradeoff, the reality of the situation, and what they can do to objectively evaluate risks and rewards.
Read the full guest post in the Digital Transformation section of the Siemens PLM Community blog. The post covers the cloud-security tradeoff and how to evaluate security and mitigate risk in order to enjoy the implementation, operational, business, and strategic benefits of the cloud.
You can also learn more in our Cloud Security Discussion with Siemens EVP Bob Jones video interview.
Please enjoy the latest in a series of Tech-Clarity guest posts including The Subtle Shift to “Why Not Cloud?”, Cloud Engineering Software: More than Just Engineering Software on the Cloud, and Why Not to Justify Cloud Engineering Software.
[post_title] => The Cloud-Security Tradeoff for Product Innovation and Engineering Software (guest post)
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[post_content] => How can the cloud help manufacturers improve product development to drive higher levels of profitability? Tech-Clarity surveyed over 300 companies about cloud product development to find out.
The Cloud Improves Product Development Speed and Collaboration
Researchers discovered that product development speed drives profitability, but that today’s status quo hampers time to market because product development resources waste too much time on non-value-added activities. On the other hand, companies that use the cloud for product development find it easier to collaborate, waste less time, and are less likely to report missing due dates due to product development challenges.
Please enjoy the summary* below. Access the full eBook from our sponsor, Onshape (registration required).
Table of Contents
Profitability Demands Product Development Velocity
Companies are Wasting too Much Development Time
Wasted Time Leads to Costly Errors and Delays
Increased Reliance on Others will Increase Wasted Time
Benchmarking Product Development Performance
The Cloud Enhances Product Development
The Cloud Fuels Collaboration
Cloud Benefits for Product Development
Conclusions
About the Research
Acknowledgments
Profitability Demands Product Development Velocity
The Need for Speed
Let’s start with the business in mind. Product development is critical to a profitable manufacturing company. Manufacturers must innovate quickly to respond to market and customer needs. Responding companies confirm this, with over one-half selecting product development speed as a driver of their business success and profitability over the next three years, making it the most prevalent factor.
Design Necessities
Cost, quality, and performance are also commonly reported drivers. Our product development research, however, consistently shows that these are market necessities and not necessarily differentiators. Our experience shows that most companies choose to delay product delivery to satisfy quality and performance goals, sacrificing due dates, market speed, and associated leadership opportunities.
Companies are Wasting too Much Development Time
Non-Valued-Added Activities Lose Precious Time
Although time is critical, product developers spend a significant amount of time waiting for others and working on non-value-added activities. Survey respondents report waiting for data, waiting for others to finish designs, and the ever-present challenge of finding the data they need to do their jobs. Beyond that, they report losing time attending non-productive meetings.
Technical Resources Waste One-Half of their Time
The amount of wasted time is significant. Respondents report that technical resources such as designers and engineers only spend about 47% of their time directly on product innovation, product development, and engineering. Manufacturers can’t afford this when time is so crucial to profitability. Just imagine the benefits of eliminating these challenges and the impact it would have on product development speed.
Conclusions
Key FindingsCompanies need to move fast in product development in order to drive profitability, but currently waste too much time on non-value-added product development activities and suffer from delays. Many of the challenges that hamper product development speed relate to waiting for others. Unfortunately, reliance on others – both internally and externally - is both highly valuable and growing.
Top Performers, however, are more likely to use cloud systems for product development and are better able to collaborate and waste less time than Others. Both Top Performers and companies that use the cloud report much easier collaboration, both internally and more importantly externally. The bottom line is that companies that use the cloud waste less time and are less likely to miss due dates, driving the product development speed that leads to business success and company profitability.
*This summary is an abbreviated version of the research and does not contain the full content. A link to download the full report is available above.If you have difficulty obtaining a copy of the report, please contact us using the "Contact" link below.
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How can the cloud help manufacturers improve product development to drive higher levels of profitability? Tech-Clarity surveyed over 300 companies about cloud product development to find out. The Cloud Improves Product Development Speed and Collaboration Researchers discovered that product development speed drives profitability, but that today’s status quo hampers time to market because product development…
How do your product innovation processes stack up against your competitors? Against top innovators? What practical steps can you take to improve it? Watch this webcast to understand how to benchmark your digital innovation maturity. Benchmark Your Digital Innovation Maturity This webcast shares definitions and details about the four pillars of digital innovation maturity: Digital…
Why are manufacturers pursuing the digital thread? What is the right PLM system to support a digital thread initiative? Jim Brown joins PTC‘s Jeff Zemsky to share results from Tech-Clarity’s recent survey on PLM and the Digital Thread. Jim and Jeff discuss the goals and benefits of the digital thread, followed by requirements to ensure…
How can engineers avoid wasting precious design time on non-value-added data management tasks? Take a look at our new infographic Avoiding Time Wasters in CAD Design to see a graphical representation of our research. The “CAD Design Challenge” turns design into a board game that highlights key time wasters in design and the best practices…
How can manufacturers improve their product innovation processes to outperform their competition? Jim Brown shares his perspective on digital transformation for innovation and invites manufacturers to take a free digital innovation assessment in his guest post on the Siemens Thought Leadership Blog. Top Innovators have Digitally Transformed Innovation Product innovation requires inspiration and a conducive…
How can plants leverage all of their data more effectively? One foundation is for IT and OT to converge. But that does not have to be far in the future. My guest blog Practical Approaches to IT/OT Convergence discusses why and how to tear down the wall between manufacturing engineering and their operational technology (OT)…
What’s the cost of poor-quality plastic parts? How can you avoid that cost? Findings from Tech-Clarity’s eBook, How-to Guide for Designing and Molding Better Plastic Parts reveal that 96% of surveyed manufacturers report finding manufacturing defects during mold trials. Highlighting why that’s so painful, manufacturers report that correcting these defects during the mold trial adds…
How has one of the largest integrated suppliers to the wood processing industry used the IoT to digitally transform their business and deliver new revenue? Learn how BID Group has improved throughput and performance for their customers by remotely monitoring their equipment through the IoT. Join this interactive IndustryWeek webcast, How BID Group Delivers New…
How can PLM enable manufacturers to streamline engineering and create digital continuity with a cohesive digital thread? What should they look for in a PLM system to support their digital thread initiative? Our new eBook, Choosing the Right Enterprise PLM to Support the Digital Thread, shares survey results analyzing the value of the digital thread…
What should manufacturers look for in a solution to digitalize and transform service through IoT remote monitoring? What can they do to change the relationship they have with their products and customers to increase business value for themselves and those using their products? Join this interactive webcast, How to Select the Right Digital Transformation Solution,…
Julie Fraser here, and if you came in through Iyno Advisors, let me explain why I’m so excited to be part of Tech-Clarity now. Focus on making the business value of technology clear Greater visibility in the market and more activity on the website Better capabilities to conduct original research Broader focus on the full…
Is your company prepared to respond to the critical business issues facing the high-tech industry? What key issues must your business prepare for in this fast paced high-tech market? Tech-Clarity’s Solving High-Tech’s Top Six Critical Business Issues eBook identifies the top six critical business issues that high-tech companies should address. This will help them respond…
Tech-Clarity is pleased to announce that we are expanding our research team and extending our coverage to manufacturing operations software! Industry veteran and long-time research analyst Julie Fraser joins Tech-Clarity as Vice President of Research, Manufacturing Software. Julie brings with her a wealth of depth in manufacturing, scheduling, quality, maintenance, and smart manufacturing. Please visit…
Julie Fraser is the Vice President of Research for Operations and Manufacturing for research firm Tech-Clarity. She covers Industry 4.0, Smart Manufacturing, MES/MOM, QMS, APS, APM/CMS, IIoT, AR/VR, other technologies and solutions for manufacturing. Julie has over 25 years as an industry analyst in addition to experience in marketing and strategy (Berclain/Baan, now Infor) and…
Simulation for design engineers can be a powerful tool to provide directional insight and guide design decisions. But, are your design engineers using the right tool? When design engineers use the right simulation tool, they can save your company time and lower the cost of innovation. However, the wrong tool can make it significantly harder…
How can equipment manufacturers transform their customer and equipment relationships to drive greater value for themselves and their customers? Digital service transformation by monitoring equipment via the IoT holds the key to improving service, satisfaction, and customer success. Please enjoy the summary below. For the full eBook, please visit our sponsor PTC. Table of Contents*…
Why should manufacturers make the cloud transition for product innovation and engineering solutions like CAD, Simulation, and PLM? Our research shows it’s not what you think. Cloud Transition is a Means to an End The decision on cloud timing varies based on each company’s scenario. The first step in the transition is to understand what…
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Jim Brown joins an educational cloud PLM webcast sharing the benefits of product lifecycle management solutions and the trend toward cloud PLM adoption. Jim presents with Mohit Daga, SOLIDWORKS Senior Product Portfolio Manager and ENGINEERING.com’s Director of Content, Roopinder Tara on this Engineering.com web presentation. The speakers will examine why PLM users should consider cloud PLM…
Is trading off security to enjoy the benefits of the cloud worth it? Is the cloud-security tradeoff necessary? Why are some manufacturers still uneasy about adopting cloud software for product innovation and engineering? There are clear benefits, but the transition started slowly. For a while, one of the most significant inhibitors to cloud adoption was…