Making the value of technology clear
How can companies improve service and gain tangible ROI by remotely monitoring equipment using the IoT? This buyer's guide offers practical advice for companies starting their remote monitoring journey to transform the way they service their equipment whether it's on site, in the field, or at a customer location. At the same time, it offers recommendations to ensure that early projects build a foundation for future machine monitoring and Internet of Things value. As usual, this guide helps companies set functional requirements for their solution, but also addresses implementation, adoption, and partner criteria that help ensure companies get value from their solutions today and well into the future.
Please enjoy the summary below. For the full Buyer's Guide, please visit our sponsor PTC (no charge, registration required).
The most common way that companies gain tangible ROI from IoT is through improved service. The IoT lets companies transform service to generate more – and more profitable – service revenue. They do this by moving from reactive to proactive to predictive service, and leveraging advanced technologies like AI, machine learning, and big data analytics. They can also adopt new service delivery processes like remote service. But the most common first step is reducing cost of service through remote monitoring.
This guide briefly shares the tangible, practical first steps companies can take to improve service through IoT remote equipment monitoring and how IoT Platforms help deliver the value. Then, the majority of the buyer’s guide focuses on the important requirements companies must consider to ensure a successful initiative.
Leveraging the IoT can help companies improve service for themselves and their customers by reducing cost and transitioning to proactive and predictive service. Remote monitoring allows companies to identify and resolve issues remotely, providing faster service and increased uptime for the customer while reducing the cost of truck rolls and putting service technicians on site. It can go beyond cost savings to create a new source of revenue from paid upgrades or remotely enhancing equipment capabilities or permissions by “unlocking” enhanced capabilities via a subscription.
*This summary is an abbreviated version of the report 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 do Top Performers in the chemical industry leverage digitalization in the chemical lab to overcome their innovation struggles? A Tech-Clarity survey shows that chemical companies face a myriad of innovation-related challenges including cost pressure, sustainability, more customer-driven products, and specialized / performance materials. This infographic provides a graphical snapshot of the research sharing that Top Performers are more than three times more likely to have a fully digital lab than their lesser performing competitors. While few have fully digital labs, the benchmarks show that increased digital maturity in the laboratory leads to better innovation and product development performance.
Please enjoy an excerpt of the infographic below, thanks to our sponsor Dassault Systèmes BIOVIA. For more information on the report, you can read a summary of the underlying research report on our site.
For the full infographic and research report and more information, please visit our sponsor Dassault Systèmes BIOVIA and click on the report or infographic in the Resource Center on the right (no charge, no registration required).
*This summary is an abbreviated version of the report and does not contain the full content. Links to download the full infographic and underlying repport are 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 companies manage their portfolios and product development processes in order to more reliably hit their product innovation and commercialization challenges? How does digital transformation raise the bar on product portfolio management? Tech-Clarity was commissioned by Planview, Inc. to conduct their Sixth Product Portfolio Management Benchmark Study to find out. The research uncovered five best practices that Top Performers follow more frequently than others, resulting in their higher performance in revenue growth, profit margin expansion, and percent of sales from new products than their competitors. The survey also took a hard look at how digitalization impacts product planning and development, and finds that the transition to smarter, more connected products makes current PPM challenges worse.
In summary, the best practices identified by the benchmarks research show that Top Performers are more likely to:
How can engineers be productive and innovate when suppliers, customers, other departments, and even different design teams use a variety of CAD tools? This webcast shares how CAD interoperability helps companies survive when multi-CAD is simply the reality they live with every day. The webinar shares customer stories and best practices from our recent eBook and includes a number of options that companies can consider to help manage the mayhem. In addition, Autodesk will share how their customers leverage associative interoperability of non-native CAD to help make product development more efficient, even when designs inevitably change.
Register for the Machine Design webcast (no charge, registration required).
Well if it does, you are not alone. CAD interoperability challenges communicating with customers, suppliers and internally is a real beast and leads to significant non-value added work. In this webinar we will discuss the unavoidable reality of multi-CAD and ways to manage the mayhem without wasting so much time and actually thriving!
In this webinar we will cover:
How can Aerospace and Defense companies leverage the cloud to improve innovation, engineering, and manufacturing across the product lifecycle? We surveyed over 250 companies and analyzed the progress, plans, and success factors for supporting product innovation with cloud solutions of over 70 of these companies that serve the A&D industry. The research analyzes both challenges faced and benefits achieved by A&D companies using cloud-based applications. The eBook shares implementation, adoption, operational, and business benefits of cloud systems and how they impact today's digital A&D manufacturer. The report also touches on some specific topics including the use of cloud standards and audits to help mitigate security risk and how cloud platforms enable value-added services in the context of innovation tasks.
Please enjoy the summary below for no charge.
For the full report, please visit our sponsor Dassault Systèmes (no charge, registration required).
You can also watch our Tech-Clarity TV episode sharing the research highlights here.
A&D is (Generally) Open to the Cloud
Download a PDF Summary of the Research[/caption]
How can companies improve business results by increasing the digital maturity in their chemical labs? The Digital Chemical Lab, Top Performers Digitalizing Their Chemical Laboratories, shares insights from a survey of over 170 chemical companies examining their lab processes, data, solutions, and digital maturity. The survey benchmarks the level of digitalization against business performance, finding that Top Performers are more likely to employ best practice, digital lab management practices and solutions to drive innovation, agility, and efficiency.
Please enjoy the summary below, or click the report to download a summary of the report (no charge, no registration required).
For the full research and more information including a related infographic, please visit our sponsor Dassault Systèmes BIOVIA and click on the report in the Resource Center on the right (no charge, no registration required).
We identified the industry’s Top Performers, those with better revenue growth, margin expansion, innovation, and time-to-market performance, to understand their digital practices. We found that these leaders exhibit higher digital maturity than other companies, particularly in more advanced capabilities like chemical simulation and knowledge management. They also report much better operational capabilities in the lab. How do Top Performers reach these higher levels of performance? Top Performers:
How do top performing companies plan and deliver profitable portfolios of smarter, more connected products? Join this webcast to hear what recent survey results tell us about developing innovative products in the digital age. The webcast includes results from the 6th Product Portfolio Management Benchmark study, conducted by Tech-Clarity and sponsored by Planview.
Hear Tech-Clarity's Jim Brown and Planview's Carrie Nauyalis share their insights about best practices to find out some surprising things that companies that deliver more innovative, profitable product portfolios than their competitors do differently.
Register for the Planview sponsored webcast now (no charge, registration required).
[post_title] => Secrets to Delivering Smart, Connected Product Portfolios (webcast)
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[post_content] => How can manufacturers bridge the knowledge gap between design and procurement? The Manufacturer's Guide to Bridging the Engineering-Purchasing Gap shares our perspective on how manufacturers can take a digital approach to sharing critical BOM data from Engineering with Purchasing so they can reduce cost, improve efficiency, and prevent late shipments due to part shortages.
Please enjoy the article below, or click the title to download the full PDF (no charge, no registration required).
For more information on closing the Engineering-Purchasing gap, please visit our sponsor OpenBOM.
How does product design, development, and engineering need to change in order to support digital products?
Key Considerations for Selecting a Smart, Connected Product Design Solution eBook shares that today's new product development (NPD) processes simply aren't comprehensive enough to effectively design smart, connected products. What do manufacturers need to look for in their engineering software solution to support products in the IoT era and support their digital transformation? The guide shares requirements that manufacturers can use to select the best software for their needs considering functionality, selecting the right partner, and what to look for to ensure effective implementation and adoption. The eBook shares considerations for multiple aspects of the engineering process ranging from conceptual design through validation and verification.
Please enjoy the summary below*.
For the full report, please visit our sponsor PTC (no charge, registration required).
These products are much more than just a piece of equipment. They incorporate intelligence, data, and the ability to communicate with cloud and corporate software that together can be leveraged to change the customer value proposition. Some companies are even offering their products as a service (PaaS), charging for usage or output instead of the product delivering it.
Today’s new product development (NPD) processes simply aren’t comprehensive enough to effectively design smart, connected products. What needs to change? Companies need to:
In order to take advantage of the digital opportunities, companies must evolve modeling, design collaboration, and simulation to support connected design including design decisions related to:
It's time to act. With the move toward a sharing economy, we believe that companies that simply develop and sell products will put themselves at a significant disadvantage to companies that design, develop, and stay in touch with their products throughout the product’s life. Companies that don’t embrace digitalization and start offering more than a physical product stand the risk of being commoditized.
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[post_content] => How can retail companies improve their decisions to survive in today's complex omnichannel environment and anticipate changes in trends in a dynamic and volatile market? Can predictive retail analytics help? If so, what should retailers look for in a solution?
Listen to Tech-Clarity's Michelle Boucher and PTC's Brad Thomas, Product Manager of the Retail Business Unit discuss predictive analytics for the retail industry. They cover topics such as:
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[post_content] => How can manufacturers get more value from their digital initiatives by leveraging the Internet of Things (IoT)? Manufacturers who embrace digitalization gain increased agility, innovation, speed, quality, and profitability in design, development, manufacturing, and the service lifecycle. One of the key enablers of these improvements is establishing a closer connection between product models and how physical products operate in the field. The digital twin leverages detailed 3D models, IoT data, and analytics to significantly change the relationship manufacturers have with their products and their customers, driving new sources of value for both.
In this Engineering.com webinar sponsored by Siemens PLM, Tech-Clarity's Jim Brown will explore how companies that embrace digitalization and the digital twin will displace competitors who stick with the status quo.
Key takeaways include:
Listen to Claus Gärtner, Head of Operations & Quality IT at Roche Diabetes Care, René Zoelfl PTC Life Sciences Development Manager, and Tech-Clarity's Michelle Boucher discuss how to support the development of medical devices. This discussion was an interactive panel discussion highlighting topics such as:
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How can manufacturers quickly gain value from remote equipment monitoring using the Internet of Things to begin their digital and service transformations? The Monitoring Equipment with IoT Quick Start Guide eBook offers pragmatic advice for companies that want to jump-start their IoT initiative with a practical approach that leads to much more significant value over time.
Please enjoy the summary below.
For the full eBook click the title to download the full PDF (no charge, no registration required) thanks to our sponsor PTC.
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.
Remote equipment monitoring lets companies reduce service cost, increase service revenue, develop stronger relationships, and start the transition to proactive and predictive service. It’s time to get started to improve value for your company and your customers.
*This summary is an abbreviated version of the report 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] => IoT Machine Monitoring Quick Start Guide
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What steps should you take to transform your product design processes so you can develop smarter products?
Tech-Clarity's Top Five Tips to Transform Product Design for Smarter Products shares advice to help companies on their journey to develop smarter products. For many, making products smarter and connected is a key product trend that is becoming increasingly important for innovation and competitive differentiation. Plus many customers are starting to expect it. However, successfully developing smarter and connected products requires changes to your design process. At the same time, it's hard to know what you don't know. As you embark on that journey toward smarter and connected products, there will be lots of lessons learned. Based on survey research, Tech-Clarity has identified five tips to give you some hindsight and help you on that journey with the benefit of some of the lessons learned by other.
Please enjoy the summary* below.
For the full eBook, please visit our sponsor SOLIDWORKS (free of charge, registration required).
The emergence of smart, connected technologies is enabling unprecedented innovation. We have public trash cans that let trash collectors know when they need to be emptied. Pill bottles that remind you to take your medication. Complex machinery that notifies you when it needs servicing. The opportunities and growth potential seem limitless. Technology has become so critical, 52% of companies developing smart products fear losing market share unless they continually make products smarter. On top of that, 47% worry about reduced revenue.
With this in mind, we can expect to see a continual increase in the amount of software and electronics in products. Even 25% of companies that have not already made their products smarter, plan to add software and electronics over the next five years.
To successfully take advantage of the opportunity and transform products into intelligent systems, companies should embark on a journey to perfect development processes and manage the additional complexity. This eBook outlines steps to make your journey to transform your products a success.
While emerging technologies open doors for innovation and opportunity, they introduce new challenges. However, as you start your journey, it is hard to know what you don’t know. Learning from the experiences of others to minimize or avoid common challenges should be a first step. Even if you have already started your journey, knowing where to focus your energy for improvement can minimize risk. Based on the experiences of over 180 manufacturers, the top six challenges of making smarter products are:
How can manufacturers design systems with greater confidence the system will work as designed?
Tech-Clarity's Smart Systems Buyer’s Guide for Systems Engineers and IoT Solution Architects helps manufacturers develop selection criteria to evaluate software solutions to support system design. The guide targets systems engineerings, IoT solution architects, and others involved with designing systems.
Tech-Clarity’s Buyer’s Guides go beyond software functionality to provide a framework of requirements that impact implementation success and long-term ROI.
Please enjoy the summary below, or click the report to download a PDF overview.
For the full report, please visit our sponsor, PTC, here (free of charge, registration required).
Figure 1: Systems Engineering Evaluation Framework
How can manufacturers ensure they get the most value from a new PDM solution? The PDM Buyer's Guide provides criteria for companies to select the right Production Data Management system to manage the complexity of today's products and product development environments. Manufacturers have many choices for managing critical CAD files and product data, including shared drives and the modern equivalents - DropBox, Drive, Google Drive, and a host of other options. But our research shows that they'll get more value from a structured, collaborative data management solution designed to support product development and further into the product lifecycle. This paper shares requirements for the basic capabilities companies need from PDM - Designing, Accessing, and Sharing product data.
Our Buyer's Guides look beyond software requirements to the other elements that help companies get value from their solutions, including criteria to consider for implementation, adoption, service, and vendor selection. This guide also covers special needs including advice for smaller and larger manufacturers and shares considerations for addressing some specific industry needs and supporting the transition to the digital enterprise.
Please enjoy the summary below, or click the report to download a PDF overview (no charge, no registration required).
For the full Buyer's Guide, please visit our sponsor PTC (no charge, registration required).
The PDM Buyer’s Guide is a reference tool to provide direction about what to look for when selecting a PDM system for your company. The guide is composed of four sections covering software functionality, service requirements, vendor attributes, and special company considerations. Each of these sections includes a checklist with key requirements to investigate when selecting PDM software. The guide focuses on common requirements that form the foundation of PDM for manufacturers:
Product requirements
How can monitoring equipment remotely provide value and help get your IoT initiative started? Jim Brown joins PTC's Michael Anderson for a webcast discussion to find out. Jim will share perspectives from his research including an overview of how remote equipment monitoring via the IoT can help drive significant service improvements. Jim will share tips from his upcoming Remote Equipment Monitoring Quick Start Guide including key things manufacturers should consider as they consider an initiative or select a solution to support this aspect of their digital transformation. Jim and Michael will also answer audience questions.
Register for the webinar now (no charge, registration required)
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Tech-Clarity research shows that the majority of manufacturers believe that digitalization is important or critical to achieving their business strategy (see figure). Over one-third say that it’s critical. Digitalization in medical device design and manufacturing has significant promise, but what does it actually mean?
Medical device companies, already struggling with how to address critical initiatives like UDI and the Case for Quality, are inundated with information about “digitalization” accompanied with a host of buzzwords including Digital Twins, Digital Threads, and more. How do they really apply to the design, approval, production, and lifecycle management of medical devices? We’ll try to put it into practical terms.
One of the key contributors to the digital thread is the Digital Twin. The digital twin has multiple definitions, but it starts at the core as a complete, digital model of the device. It incorporates a holistic view of the design to a level of granularity that companies can accurately simulate and predict device performance and behavior. There is clear overlap with the digital thread in this part of the definition.
The value of the digital model for medical device companies is a cohesive view of the device. It allows people from various disciplines to contribute their part of the design and see it in the context of the whole product. It allows engineers to analyze and optimize performance early in the product lifecycle, catching errors and improving performance in silica before physical prototypes are developed. As regulatory bodies get more comfortable with simulation data, the digital twin may also play a big part in reducing the length and cost of clinical trials. The digital thread also delivers quality management and regulatory value including the development of the DMR.
The final piece of the puzzle we’ll discuss today is data analytics. Life sciences companies have been using analytics in multiple aspects of their business for quite some time. The digitalization of the underlying information in the design, engineering, manufacturing, and use of the device dramatically expands the opportunities. Companies now have a much broader data set to analyze and transform into intelligence.
Medical device companies can leverage big data analytics in conjunction with the digital twin and digital thread to identify trends and correlations previously hidden in non-digital or non-integrated data sets. Analytics can be used in multiple phases of the device lifecycle, from identifying process control parameters drifting toward spec limits to analyzing adverse event data in the field. This can make existing processes better, for example being able to more quickly identify root causes for CAPAs. It can also support newer requirements like post market surveillance in the EU and the upcoming shift to focusing on patient outcomes. It can also benefit patients, for example predictive analytics may be able to identify potential failures prior to their occurrence and prevent adverse events. Finally, additional insights may create a new source of innovation that leads to new and better treatment options.
Tech-Clarity research shows that the majority of manufacturers believe that digitalization is important or critical to achieving their business strategy (see figure). Over one-third say that it’s critical. Digitalization in medical device design and manufacturing has significant promise, but what does it actually mean? Medical device companies, already struggling with how to address critical initiatives…
How can manufacturers and service providers drive additional productivity and profitability by developing equipment intelligence by monitoring equipment health? Learn how the IIoT, edge computing, and analytics help companies predict and mitigate equipment issues before they disrupt production. Manufacturers can now identify trends and data relationships that previously went undiscovered by combining data from multiple…
How can companies improve service and gain tangible ROI by remotely monitoring equipment using the IoT? This buyer’s guide offers practical advice for companies starting their remote monitoring journey to transform the way they service their equipment whether it’s on site, in the field, or at a customer location. At the same time, it offers recommendations to…
How do Top Performers in the chemical industry leverage digitalization in the chemical lab to overcome their innovation struggles? A Tech-Clarity survey shows that chemical companies face a myriad of innovation-related challenges including cost pressure, sustainability, more customer-driven products, and specialized / performance materials. This infographic provides a graphical snapshot of the research sharing that…
How can companies manage their portfolios and product development processes in order to more reliably hit their product innovation and commercialization challenges? How does digital transformation raise the bar on product portfolio management? Tech-Clarity was commissioned by Planview, Inc. to conduct their Sixth Product Portfolio Management Benchmark Study to find out. The research uncovered five…
How can engineers be productive and innovate when suppliers, customers, other departments, and even different design teams use a variety of CAD tools? This webcast shares how CAD interoperability helps companies survive when multi-CAD is simply the reality they live with every day. The webinar shares customer stories and best practices from our recent eBook…
How can Aerospace and Defense companies leverage the cloud to improve innovation, engineering, and manufacturing across the product lifecycle? We surveyed over 250 companies and analyzed the progress, plans, and success factors for supporting product innovation with cloud solutions of over 70 of these companies that serve the A&D industry. The research analyzes both challenges…
How can companies improve business results by increasing the digital maturity in their chemical labs? The Digital Chemical Lab, Top Performers Digitalizing Their Chemical Laboratories, shares insights from a survey of over 170 chemical companies examining their lab processes, data, solutions, and digital maturity. The survey benchmarks the level of digitalization against business performance, finding…
How do top performing companies plan and deliver profitable portfolios of smarter, more connected products? Join this webcast to hear what recent survey results tell us about developing innovative products in the digital age. The webcast includes results from the 6th Product Portfolio Management Benchmark study, conducted by Tech-Clarity and sponsored by Planview. Hear Tech-Clarity’s Jim…
How can manufacturers bridge the knowledge gap between design and procurement? The Manufacturer’s Guide to Bridging the Engineering-Purchasing Gap shares our perspective on how manufacturers can take a digital approach to sharing critical BOM data from Engineering with Purchasing so they can reduce cost, improve efficiency, and prevent late shipments due to part shortages. Please…
How does product design, development, and engineering need to change in order to support digital products? Key Considerations for Selecting a Smart, Connected Product Design Solution eBook shares that today’s new product development (NPD) processes simply aren’t comprehensive enough to effectively design smart, connected products. What do manufacturers need to look for in their engineering…
PLM helps manufacturers improve innovation and product development performance through streamlined processes, centralized data, and integrated tools. It’s a key part of any manufacturer’s digitalization strategy. Learn how manufacturers are leveraging the cloud to remove the barriers to achieving the strategic benefits of Product Lifecycle Management. Join an interesting panel discussion between Tech-Clarity, Sogeti, and…
How can retail companies improve their decisions to survive in today’s complex omnichannel environment and anticipate changes in trends in a dynamic and volatile market? Can predictive retail analytics help? If so, what should retailers look for in a solution? Listen to Tech-Clarity’s Michelle Boucher and PTC’s Brad Thomas, Product Manager of the Retail Business…
How can manufacturers get more value from their digital initiatives by leveraging the Internet of Things (IoT)? Manufacturers who embrace digitalization gain increased agility, innovation, speed, quality, and profitability in design, development, manufacturing, and the service lifecycle. One of the key enablers of these improvements is establishing a closer connection between product models and how…
How can medical device companies balance quality, innovation, compliance, and profitability? Where does a PLM solution fit in? Is it possible to achieve a single source of truth? Listen to Claus Gärtner, Head of Operations & Quality IT at Roche Diabetes Care, René Zoelfl PTC Life Sciences Development Manager, and Tech-Clarity’s Michelle Boucher discuss how to support the…
How can manufacturers quickly gain value from remote equipment monitoring using the Internet of Things to begin their digital and service transformations? The Monitoring Equipment with IoT Quick Start Guide eBook offers pragmatic advice for companies that want to jump-start their IoT initiative with a practical approach that leads to much more significant value over…
What steps should you take to transform your product design processes so you can develop smarter products? Tech-Clarity’s Top Five Tips to Transform Product Design for Smarter Products shares advice to help companies on their journey to develop smarter products. For many, making products smarter and connected is a key product trend that is becoming…
How can manufacturers design systems with greater confidence the system will work as designed? Tech-Clarity’s Smart Systems Buyer’s Guide for Systems Engineers and IoT Solution Architects helps manufacturers develop selection criteria to evaluate software solutions to support system design. The guide targets systems engineerings, IoT solution architects, and others involved with designing systems. Tech-Clarity’s Buyer’s Guides…
How can manufacturers ensure they get the most value from a new PDM solution? The PDM Buyer’s Guide provides criteria for companies to select the right Production Data Management system to manage the complexity of today’s products and product development environments. Manufacturers have many choices for managing critical CAD files and product data, including shared…
How can monitoring equipment remotely provide value and help get your IoT initiative started? Jim Brown joins PTC’s Michael Anderson for a webcast discussion to find out. Jim will share perspectives from his research including an overview of how remote equipment monitoring via the IoT can help drive significant service improvements. Jim will share tips from his upcoming Remote…
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