Making the value of technology clear
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[post_content] => What did leading engineering software industry analysts think of the first virtual Autodesk University? What are their key takeaways from AU2020? Hear the discussion with Lifecycle Insights Chad Jackson, CIMdata’s Stan Przybylinksi, and Tech-Clarity's Jim Brown led by Taxal’s Allan Behrens.
Have procurement organizations re-focused digital transformation investments due to COVID-19?
Yes. Priorities are radically different, as the research shows behind Roadmap - COVID-19 and Digital Transformation: Unique Research Into Investment Priorities. What has changed is that companies are more focused on creating abilities to work remotely, connect, see, and analyze what’s going on in supply. They are less likely to focus on backward-facing performance metrics since historical patterns no longer apply.
This article is based on primary research into what procurement projects companies have accelerated or postponed due to COVID-19. It is a detailed look at where companies are investing and not right now.
It also explores whether these changes are likely to remain in place. Tech-Clarity’s Julie Fraser is quoted on page 9, predicting this is a new normal. “Business processes, such as forecasting and inventory planning, which relied on data feeds from backwards-looking systems, are no longer quite as important. History is far less relevant now. Instead, it makes sound sense to invest in projects that provide a competitive edge, to help procurement organisations deal with this new normal.”
We are pleased to contribute to this fascinating look at COVID-19 and Digital Transformation in procurement. The research was sponsored by Amazon Business UK, and the article written by Malcolm Wheatley.
To download the full article, please visit Procurement Leaders (registration required).
[post_title] => Roadmap: COVID-19 and Digital Transformation in Procurement Leaders (article)
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How do companies improve profitability by monitoring, analyzing, and optimizing equipment via the Industrial IoT? How has the COVID-19 pandemic impacted their plans? See what our survey of over 200 companies that manufacture, operate, service, sell, distribute, install, and/or integrate equipment finds about how the leaders operate in Tech-Clarity’s Pillars of Machine Monitoring and Optimization.
Please enjoy the summary* below. Please visit our sponsor Siemens MindSphere® for the full research (registration required).
Learn more about machine monitoring and optimization and find how to get started by visiting our sponsor, Siemens MindSphere®.
Machine monitoring and optimization drives success by fueling digital transformation. A recent, but separate, Tech-Clarity survey shows that more than one-half of manufacturers say digital transformation is “important” if not “critical” to achieving their business strategy. This is particularly true in these challenging times. As evidence, another study finds that the vast majority of companies have either increased their focus and/or accelerated their digital transformation efforts or at least maintained their current level of focus. Machine monitoring is much more than a tactical, operational initiative; it lays the structure for much broader digitalization.
How can manufacturers maximize value from their digital transformation efforts in 2021? In these uncertain times, it matters. There are some basics to leveraging Industry 4.0 trends. Success may be closer to your grasp than you realize.
This live webinar has passed, but please click here to watch it free, on-demand. Find out where trends are taking us and hear examples of how other manufacturers are already gaining benefits:
Tech-Clarity’s eBook, What’s the Cost of Poor Collaboration? examines this topic for product development, sharing survey results from 155 manufacturers. Collaboration impacts every part of product development, and products cannot be developed or brought to market without it. While collaboration can be abstract and hard to measure, it's impact can be significant, especially when it is poor. The research reveals how it impacts your product design and development processes. It also identifies six areas of opportunity for collaboration improvements that can boost product profitability for your company.
Please enjoy the summary* below. For the full research, please visit our sponsor, Dassault Systèmes SOLIDWORKS (registration required).
While poor collaboration is not a new problem, its cost has never been higher. Today's complex products and
the ecosystems we develop them in have raised collaboration needs so much, 40% of engineering time is now directly impacted by their ability to work together. With this much time affected, poor collaboration can cost companies significantly. While many companies struggle with steep competition, shrinking margins, and uncertain economic times, this is a risk few can afford.
Poor Collaboration has a Business Cost
Unfortunately, poor collaboration is so common, engineers report they work with outdated data 28% of the time. This results in more rework, delays, and errors. These negative business impacts mean lower-quality products, higher costs, missed deadlines, and delays in time to market.
In fact, what has traditionally worked in the past is no longer enough to stay competitive in today's market. An overwhelming 93% of companies report they need to improve collaboration with different groups. On average, engineers say they collaborate with 21 people on simple products and 35 for more complex products. Collaborators include other engineers, manufacturing, suppliers, customers, product managers, and more. On top of all the other design responsibilities, that's a lot of people to manage, work to keep track of, and risk for errors, without helpful solutions in place. No wonder the cost of poor collaboration is so high!
New Opportunities for Solutions
Many companies just live with their collaboration challenges, but as collaboration needs increase, these problems become harder and harder to ignore. As new technologies, such as the cloud and innovation platforms, break down silos and collaboration barriers, companies can benefit from new approaches to solve these challenges. Those who do should gain a competitive advantage.
What happens when automation and plant IT teams get past their differences and work together effectively?
A chance for the company to outperform the competition and make progress on Industry 4.0 projects, based on more coherent manufacturing data management.
In our recent research, Top Performers were more likely to have tightly connected IT and automation or operations technology (OT) organizations. This article provides highlights of the recent research, The Manufacturing Data Challenge: Lessons from Top Performers.
The article touches on investments, integration, and where Top Performers really outshine others in people, process, and technology.
Please visit Automation World to read the article.
Please visit our sponsor, Critical Manufacturing, for the full research (registration required).
[post_title] => The Challenge of Manufacturing Data Management (article)
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[post_content] => What should your company consider when transitioning to the cloud for innovation and engineering? Our new infographic identifies key considerations ranging from strategy through adoption.
See the infographics for some important factors related to strategy, functionality, governance, existing solutions, and your transition.
You can also learn more about cloud solutions from Siemens Digital Industries Software, our sponsor or view our video series sharing insights from our research and interviews including: Digital Transformation Progress with Bob Jones, Cloud Progress Report with Bill Boswell, and Siemens Digital Transformation Progress with Brenda Discher.
[post_title] => Cloud Readiness (infographic)
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What do manufacturers need to do to succeed and get results from their Industry 4.0 efforts?
In this webcast, Julie Fraser revealed a few significant findings of research of over 300 companies on the topic of manufacturing data management. It’s a multi-faceted challenge in which people, processes, and technology all matter.
This webcast explains the new Tech-Clarity research report’s findings, The Manufacturing Data Challenge: Lessons from Top Performers. Attend to learn what Top Performers are doing differently than others to improve dramatically on both operational and business key performance indicators (KPIs).
Register now to hear about this ground-breaking research, sponsored by Critical Manufacturing (registration required).
[post_title] => Meeting the Manufacturing Data Management Challenge (webcast)
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How do companies make progress toward Industry 4.0? Based on our research, those who invest in people, processes, and technology for manufacturing data management have made more strides in Industry 4.0. Manufacturing Data Management: Lessons from Top Performers explores the many challenges of bringing together all the data production facilities need.
Please enjoy the summary* below. For the full research, please visit our sponsor Critical Manufacturing (registration required).
This research aims to learn about current challenges, strategies, and programs for manufacturing data management. Over 300 responded, from manufacturers in various industry segments and of all sizes, working with data from plants in every corner of the world. We uncovered a significant and nearly universal outstanding need: better ways to integrate IT and OT data. We also discovered that there are paths that appear to lead to greater success for those who travel them most aggressively.
Top Performers have made mindset, organization, and staffing changes. They are also far more likely to be using commercial software solutions and adopting modern approaches to accelerate their ability to manage manufacturing data effectively. As a result, a larger percentage of these Top Performers have already made dramatic improvements in business performance. They are in a position to make more gains.
Even for Top Performers, challenges remain. These include data and systems integration, putting IT and OT data into a common context, agreeing on "sources of truth," and identifying data owners.
Note also that this is early days for coherent manufacturing data management. Yes, several times as many of the Top Performers have a program, staff members, capabilities, or dramatic gains on KPIs. Yet they are still only a minority.
There is more to do for every manufacturer. Faster decisions have always made a difference. However, doing things as we've done them may no longer suffice.
Seek New Approaches to Manufacturing Data Management
So, beyond doing what has been possible, we also encourage companies to seek new approaches. Solution providers are advancing their offerings. Some have integrated more functionality into plant systems. New offerings are becoming available to support manufacturing data management now and in the near future.
Be ready to explore new approaches. Validate their fit and ability to help meet your manufacturing data management challenges. Leverage both new and existing technologies and approaches to progress toward your Industry 4.0 vision.
CAD tools have evolved significantly over the last several decades, which has coincided with several platform shifts. With the advancements in tablets combined with evolutions in CAD, we may be at the dawn of the latest shift. Together, CAD on a tablet can offer many benefits. The combination can expand the use of CAD with greater accessibility and flexibility, improved productivity, and better customer service. This blog post discusses why that is and reveals several examples of how CAD on a tablet can benefit a company, especially smaller companies and start-ups.
Read the full guest post on the Shapr3D blog.
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How are companies adjusting their strategies to survive COVID-19 disruption without losing sight of long-term business sustainability? Read our survey of over 190 companies to find out how they are prioritizing limited resources to maintain focus on success factors including:
Recognizing Turbulent Times
ware capabilities will help you improve how you integrate mechanical, electronics, and electrical designs?
Tech-Clarity’s buyer’s guide, How to Select the Ideal Solution for Today’s Smart Products: Buyer’s Guide for Electrical Design, explores this question. As companies strive to make modern products smarter, innovative and more affordable, the integration of mechanical, electrical and electronic systems has become critical. Unfortunately mechanical and electrical engineers speak different languages, use separate tools, follow different design approaches and have inherent knowledge silos. Companies that have solutions to overcome these challenges will have a significant advantage in the global economy.
Please enjoy the summary* below. Please visit our sponsor, Siemens, for the full research (registration required).
To make matters worse, there are inherent knowledge silos across the two domains. Ignoring these challenges and not finding solutions to break down barriers and bring the teams closer can come at a significant cost to the company. Tech-Clarity research [1] finds collaboration challenges results in:
This guide is not an all-encompassing requirements list. It provides a high-level overview. PCB Design is also an important component of electrical and electronic systems design, but for the purposes of this guide, it was considered out of scope. For more information on a complete integrated product development suite beyond electrical design, read the Tech-Clarity report, “Buyer’s Guide for Engineers: How to Select Essential Tools for Product Design.”
manufacturing.
What does effective storytelling have to do with succeeding with Industry 4.0? Plenty.
[post_title] => Succeeding with Industry 4.0: Understanding the Whole Elephant (article)
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How can schools best prepare today's STEM students to close the engineering skills gap so that new graduates are ready for the real world?
Tech-Clarity’s research report, “How Academia Can Close the Engineering Skills Gap in the Age of Digitalization” explores this question. This research shares a global perspective on what colleges and universities are doing to develop the engineering talent needed in the age of digitalization. It also examines the impact COVID-19 has had on instructions and offers lessons learned that can be used to improve the educational experience in the Fall, as well as in the future.
Please enjoy the summary* below. For the full research, please visit our sponsor, Siemens (registration required).
Requirements for New Engineers
Industry needs more engineering graduates. New engineers must be comfortable with cross discipline projects, a range of technology including digitalization, and horizontal organizations. Along with this deep skillset, industry wants engineers to be strong problem solvers with the aptitude to apply technology to solve problems. Previous Tech-Clarity research finds that industry believes schools could do better to meet these requirements.
Requirements for Learning Approaches
Much of this is due to the traditional lecture-based approach to education. By reshaping the curriculum to focus on project-based learning and partnering with industry thought leaders, there is tremendous opportunity to improve students’ education.
Schools should:
Next Steps
Based on this research and our experience, Tech-Clarity offers the following recommendations:
What should supply chain-centric innovators consider when looking for PLM? How has the PLM landscape changed over the last several years, and how does SaaS fit into that picture?
Please enjoy the summary* below. For the full research, please visit our sponsor, Upchain (registration required).
"Cloud PLM" is not a Cookie Cutter Decision
Choose the Right SaaS PLM Solution
Where should mold makers focus to boost business profitability?
With significant business pressures and the technical complexity of injection molding, mold making is a challenging business. While tool makers face many obstacles, those surveyed identified five top challenges that make it harder to maintain a successful business. This blog post reveals these top five challenges, and the strategies to deal with them.
Read the full guest post on the Siemens NX Design Blog.
[post_title] => How Mold Makers Can Improve Their Business
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How can manufacturers most effectively design, develop, and launch custom-engineered products that must be engineered to customer specifications? Tech-Clarity's eBook, Bringing Custom-Engineered Products to Market, shares survey data from over 200 companies to offer insights and best practices.
Please enjoy the summary* below. Click here for the full report, thank you to our sponsor Propel (registration required).
Custom-Engineering Increases the Top Line
Product customization has increased in recent years and is expected to continue to grow "significantly" for most companies over the next several years. What's driving this expansion? The benefits reported by our survey respondents help explain why.
Customization Improves the Bottom Line
Driving higher sales is no guarantee of greater profitability. If custom-engineering results in selling products too cheaply or allowing costs to get out of control, the company can still lose money. Fortunately, 44% of respondents also share the custom-engineered products help them achieve higher sales margins. Whatever the cause, higher margins help ensure that the top-line benefits of custom-engineered products fall to the bottom line.
Speed without control, however, can be counterproductive. It could lead to errors or delays if companies don’t design quality into their designs upfront. These problems can have a significant impact considering that respondents say most of their engineering customization happens during customer inquiry / investigation phase and/or during quote / proposal stage – when time is at a premium.
The challenges highlighted create serious consequences. Survey respondents indicate that these challenges lead to low margins, inefficiency, unhappy customers, rework/scrap, lost orders, missed market opportunities, and more. These are the negative business consequences of speed without control.
Are your production approaches as smart as they are sophisticated? Before you answer, consider whether all the information about each aspect of the fab is readily available. Imagine the benefits in flexibility, quality, costs, agility, speed, confidence... this is the vision of smart manufacturing. To capture today’s myriad opportunities, these improvements are essential. The good news is, it’s possible today. Please visit our sponsor Siemens for the full webcast (registration required).
What is needed for manufacturers to improve the maturity of BOM-related processes to help to manage complexity, improve efficiency, prevent mistakes, and enhance collaboration across departments and the supply chain? Read our buyer's guide to find out.
Please enjoy the summary below. Click here for the full report, thank you to our sponsor PTC.
Diagnosing BOM Management Issues
It’s important to recognize that these requirements are in addition to the basic needs of managing product data, as most companies will extend their PDM or PLM environment to manage BOMs. These solutions provide platform capabilities such as access control and IP protection that serve as a critical foundation for effective BOM management.
[post_title] => Product Innovation in the new Normal (webcast)
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How can manufacturers innovate through today’s global industry disruption and set themselves up for success as things settle into a new normal? Hear from Kichler Lighting’s Mehul Gala, Tech-Clarity’s Jim Brown, and Onshape’s Dave Corcoran. They’ll share their perspectives on how companies are adapting to the new reality and preparing for the future by: Enabling…
What did leading engineering software industry analysts think of the first virtual Autodesk University? What are their key takeaways from AU2020? Hear the discussion with Lifecycle Insights Chad Jackson, CIMdata’s Stan Przybylinksi, and Tech-Clarity’s Jim Brown led by Taxal’s Allan Behrens.
Have procurement organizations re-focused digital transformation investments due to COVID-19? Yes. Priorities are radically different, as the research shows behind Roadmap – COVID-19 and Digital Transformation: Unique Research Into Investment Priorities. What has changed is that companies are more focused on creating abilities to work remotely, connect, see, and analyze what’s going on in supply….
How do companies improve profitability by monitoring, analyzing, and optimizing equipment via the Industrial IoT? How has the COVID-19 pandemic impacted their plans? See what our survey of over 200 companies that manufacture, operate, service, sell, distribute, install, and/or integrate equipment finds about how the leaders operate in Tech-Clarity’s Pillars of Machine Monitoring and Optimization….
How can manufacturers maximize value from their digital transformation efforts in 2021? In these uncertain times, it matters. There are some basics to leveraging Industry 4.0 trends. Success may be closer to your grasp than you realize. This live webinar has passed, but please click here to watch it free, on-demand. Find out where trends…
How much does poor collaboration cost your company? Tech-Clarity’s eBook, What’s the Cost of Poor Collaboration? examines this topic for product development, sharing survey results from 155 manufacturers. Collaboration impacts every part of product development, and products cannot be developed or brought to market without it. While collaboration can be abstract and hard to measure,…
What happens when automation and plant IT teams get past their differences and work together effectively? A chance for the company to outperform the competition and make progress on Industry 4.0 projects, based on more coherent manufacturing data management. In our recent research, Top Performers were more likely to have tightly connected IT and automation…
What should your company consider when transitioning to the cloud for innovation and engineering? Our new infographic identifies key considerations ranging from strategy through adoption. See the infographics for some important factors related to strategy, functionality, governance, existing solutions, and your transition. You can also learn more about cloud solutions from Siemens Digital Industries Software, our…
What do manufacturers need to do to succeed and get results from their Industry 4.0 efforts? In this webcast, Julie Fraser revealed a few significant findings of research of over 300 companies on the topic of manufacturing data management. It’s a multi-faceted challenge in which people, processes, and technology all matter. This webcast explains the…
How do companies make progress toward Industry 4.0? Based on our research, those who invest in people, processes, and technology for manufacturing data management have made more strides in Industry 4.0. Manufacturing Data Management: Lessons from Top Performers explores the many challenges of bringing together all the data production facilities need. Please enjoy the summary*…
Are mobile devices ready for CAD? Is CAD ready for mobile devices? When should you consider use cases for CAD on a tablet? CAD tools have evolved significantly over the last several decades, which has coincided with several platform shifts. With the advancements in tablets combined with evolutions in CAD, we may be at the…
How are companies adjusting their strategies to survive COVID-19 disruption without losing sight of long-term business sustainability? Read our survey of over 190 companies to find out how they are prioritizing limited resources to maintain focus on success factors including: Addressing changing business models Adopting new technology Protecting the environment Please enjoy the summary* below….
What software capabilities will help you improve how you integrate mechanical, electronics, and electrical designs? Tech-Clarity’s buyer’s guide, How to Select the Ideal Solution for Today’s Smart Products: Buyer’s Guide for Electrical Design, explores this question. As companies strive to make modern products smarter, innovative and more affordable, the integration of mechanical, electrical and electronic…
What does effective storytelling have to do with succeeding with Industry 4.0? Plenty. With the right narrative by level and function, the whole company can engage with Industry 4.0 strategy. At that point, everyone, whether top-level management or shop-floor workers, can buy-in. Once they do, they can participate effectively in setting the standards required to…
How can schools best prepare today’s STEM students to close the engineering skills gap so that new graduates are ready for the real world? Tech-Clarity’s research report, “How Academia Can Close the Engineering Skills Gap in the Age of Digitalization” explores this question. This research shares a global perspective on what colleges and universities are…
What should supply chain-centric innovators consider when looking for PLM? How has the PLM landscape changed over the last several years, and how does SaaS fit into that picture? Please enjoy the summary* below. For the full research, please visit our sponsor, Upchain (registration required). Table of Contents The State of Cloud PLM Why Cloud SaaS is…
Where should mold makers focus to boost business profitability? With significant business pressures and the technical complexity of injection molding, mold making is a challenging business. While tool makers face many obstacles, those surveyed identified five top challenges that make it harder to maintain a successful business. This blog post reveals these top five challenges,…
How can manufacturers most effectively design, develop, and launch custom-engineered products that must be engineered to customer specifications? Tech-Clarity’s eBook, Bringing Custom-Engineered Products to Market, shares survey data from over 200 companies to offer insights and best practices. Please enjoy the summary* below. Click here for the full report, thank you to our sponsor Propel (registration…
Are your production approaches as smart as they are sophisticated? Before you answer, consider whether all the information about each aspect of the fab is readily available. Imagine the benefits in flexibility, quality, costs, agility, speed, confidence… this is the vision of smart manufacturing. To capture today’s myriad opportunities, these improvements are essential. The good…
What is needed for manufacturers to improve the maturity of BOM-related processes to help to manage complexity, improve efficiency, prevent mistakes, and enhance collaboration across departments and the supply chain? Read our buyer’s guide to find out. Please enjoy the summary below. Click here for the full report, thank you to our sponsor PTC. …
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