Making the value of technology clear
In addition to examining the bottlenecks associated with simulation, this report provides guidance on best practices to address them. These practices will help product development teams get even more value from simulation so that they can make the right product decisions that will lead to more profitable products.
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[post_content] => In a guest post titled Successful Products Start with Requirements and Validation on the PTC Integrity blog, Michelle Boucher describes why good requirements management is so critical to product success. Excel and Word tend to be the most common tools used for requirements. They work extremely well for defining requirements, but managing requirements becomes much more difficult. When not properly managed, problems arise. This brings to mind the Seinfeld episode when Jerry reserves a rental car, but then finds there are no more cars. He responds, “You see, you know how to take the reservation, you just don't know how to hold the reservation. And that's really the most important part of the reservation: the holding. Anybody can just take them.” Like holding a reservation, it’s really the management of requirements that’s the most important part.
Read the post on the PTC blog now.
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[post_content] => Jim Brown shared his recent research on building versus buying IoT infrastructure in the Top Five Things that Ensure a Successful IoT Implementation: Exploring the Nature of IoT Projects and Build vs. Buy Decisions Industry Week webcast webinar (sponsored by Autodesk). The webcast also featured Autodesk's Head of IoT, Bryan Kester, sharing the value of a smart, connected product strategy.
Watch the replay now, including a very lively Q&A session.
[post_title] => Top Five Considerations to Build or Buy IoT Infrastructure (on demand webcast)
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The Simulation Buyer's Guide for Design Engineers eBook identifies the top 10 buying criteria you should consider when buying a simulation solution for design engineers. You can then use this information as a checklist to select the right solution for you. The eBook includes a list of questions to help you determine your needs for simulation as well as how you can justify the investment for CAE.
Please enjoy the summary below (free of charge, no registration required).
For the full eBook, please visit our sponsor PTC (free of charge, registration required).
The PLM License and Deployment Flexibility Puts PLM in Reach eBook discusses how new software deployment and licensing approaches including cloud, SaaS, subscription, and others can put PLM in reach for more companies. The eBook reviews the ROI of PLM and dispels the myth that PLM implementations have to be long and expensive. The research reviews the benefits of different licensing and deployment models and highlights key things to look for during procurement, deployment, and operations phases.
Click here for the full eBook, thank you to our sponsor PTC.
Product Lifecycle Management (PLM) has a very attractive ROI. It helps address the inherent complexity of product innovation, product development, and engineering resulting from today’s complex products and product development landscapes. It’s one of the few initiatives that concurrently drives both top-line and bottom-line results. But getting these returns is sometimes considered too big of an investment. PLM initiatives have historically been known for long, expensive implementations. Most manufacturers no longer have the appetite for software projects that don’t show an ROI in the first year or so. So many choose not to get started because they expect high costs, a long payback period, and a significant need for internal IT resources.
Our research, however, shows that the majority of PLM implementations are faster and less expensive than most think. We believe one of the reasons for so many lower-than-expected implementation efforts is the changing way that companies are buying and deploying PLM. Cloud, SaaS, subscription, and other options are changing the underlying factors that impact implementation investments. Let’s take a look at how things are changing.
PLM is more powerful and attainable than ever, which is good news for manufacturers of all sizes. Now is the time to:
Tech-Clarity's Requirements and Validation Engineering Buyer’s Guide helps manufacturers develop criteria to evaluate software solutions to support requirements management and validation engineering. Tech-Clarity’s Buyer’s Guides go beyond software functionality to provide a framework of requirements that impact implementation success and long-term ROI, including:
This guide is not an all-encompassing requirements list. It provides a high level overview for requirements and validation engineering.
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[post_content] => Driving Engineer-to-Order Differentiation and Profitability, Analyzing Trends and Best Practices in Product Configuration
shares survey findings and interviews with leading manufacturers showing how Top Performers achieve higher revenue and profit margin growth through ETO best practice processes and technology. The research shares results of a survey of over 200 manufacturers and analyzes their use of product configurators and automation technology to improve estimation, quote, design, documentation, and manufacturing performance.
Click here for the full report, thank you to our sponsor Siemens PLM.
Product customization is growing and is expected to continue to grow. Customization provides significant business value, but also brings significant challenges. These challenges result in a large percentage of orders with costly and time-consuming mistakes. Top Performers, however, have fewer order errors than others. One of the key differences between their approaches and the Others’ is that they have adopted more engineering automation. ETO automation helps eliminate engineering bottlenecks and manual processes that lead to delays and errors. “If it’s done right, engineering becomes a nonfactor for leadtimes,” explains Price Mechanical’s Rogers.
Some of the key enablers that Top Performers employ more than Others are technical product configurators, design automation, MBOM generation, quote generation, and CAD automation. “The whole idea is to automate a process to allow someone to do something more value-added for the business,” explains Mark Rogers of Price Mechanical. “Automation allows engineers to design new things or cost-down products instead of processing orders.” These technologies help relieve the engineering bottleneck for customized orders and are likely the source of Top Performers enhanced order execution and higher financial performance. Other commonly used technologies including CAD, sales (CPQ) configurators, ERP, and spreadsheets also provide value, but they aren’t correlated with the Top Performers’ better performance.
[post_title] => Shifting CTO Design and Validation Left (infographic)
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This new eBook explains how companies with configure-to-order (CTO) products can improve efficiency and responsiveness through the intelligent use of 3D design and validation techniques. The research shares perspectives from Tech-Clarity's Jim Brown and GE's Jeff Erno on how design and validation can be "shifted left" in time so manufacturers can accurately and rapidly deliver quotes and orders for personalized products.
Please enjoy the excerpt below. For the full report, please visit our sponsor Dassault Systemes (free of charge, registration required).
You also view the related infographic on our site.
Configuration is also strategic to localizing products to meet global requirements. Many manufacturers are simultaneously launching variants of a single, global product around the world. This takes a little longer to achieve, but maximizes profits across regions and improves operating margins. It can also prevent competitors from copying and launching differentiating features of a product in other parts of the world where it hasn’t been launched yet.
Configuring products to order, however, is inherently complex. Being able to effectively and efficiently design, validate, and sell configure-to-order (CTO) products is a strategic capability that drives profitability. A well-designed CTO process allows companies to define product variants and associate them with customer specifications so they can rapidly respond to customer requests for quote (RFQ) and orders.
It’s time for manufacturers to improve CTO performance by leveraging 3D design and validation. With 3D configuration, engineers can develop variants in 3D without generating CAD files for each variant. They can use a max case approach to find errors early using dynamic filters to design in a configured context. “Configured structures change the ball game because you aren’t managing every component in every variant, only the net change,” GE’s Erno explains.
Designing variants in 3D, manufacturers can shift the majority of engineering effort “left” in order to streamline quotes and orders and execute more rapidly and accurately. They can develop more compelling quotes and bids leveraging 3D and high definition renderings, impressing customers and giving them greater confidence in their orders.
Using the right processes and 3D configuration technology, manufacturers can improve efficiency, streamline order processes, reduce errors, and develop accurate quotes much more quickly.
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[post_content] => Tech-Clarity's Jim Brown will participate in a panel discussion along with a presenter from GE and representatives from Dassault Systemes as a part of the upcoming ENOVIA user meeting. The panel will address customer submitted questions expected to include PLM functionality and the 3DExperience Platform. The theme of the event is "Driving Growth for the Future."
[post_title] => Jim Brown Presents at ENOVIA User Conference
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During this webinar, Michelle Boucher joins Charles Krueger, CEO of BigLever Software. Together they discuss strategies for handling increasing complexity, meeting varying customer needs, and managing product lines, especially for software-intensive products. The webinar focuses on product line engineering and includes a discussion on:
[post_title] => Supplier Strategies to Win more Business
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[post_content] => Michelle Boucher shares six reasons why product development projects fail and they all stem from poor requirements management. The guest post titled 6 Reasons Your Projects Fail: How Requirements Management Can Help on the PTC Integrity blog, explores the impact of these six challenges on project success and discusses various ways poor requirements management can derail a project.
Read the post on the PTC blog now.
[post_title] => 6 Reasons Your Projects Fail - Guest Post on PTC Blog
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Our Finding PLM to Fit Midsized Manufacturers eBook explains how smaller companies find themselves stuck between full-featured PLM systems that feel out of reach and less capable solutions including cloud-based file sharing or very basic data management applications. They know they can't afford the errors and inefficiency inherent to informal data and process management, but can't afford a large time, resource, and financial investment to fix their problems. Unfortunately simple solutions, while very attractive, fall short of their real needs, don't help them improve their business the way they want to, and don't leave them room to grow in the future. They need to find the "sweet spot" of a solution that helps them get started quickly with the basics of controlling, managing, and sharing product data but provides the features they need to be successful now and into the future.
Please enjoy the summary below.
For the full eBook, please visit our sponsor Dassault Systèmes (free of charge, registration required).
Product Lifecycle Management (PLM) software can help. It drives better product development performance by managing product-related data, processes, and projects. While smaller companies may be able to control, access, and share product data with relatively simple Product Data Management (PDM) tools, larger manufacturers rely on full-featured PLM systems that help automate processes and share data across global supply chains.
Midsize companies may find themselves in-between because:
At Microsoft Envision, Tech-Clarity’s Michelle Boucher will chair a panel that includes:
Please share your experience. We are conducting new research on simulation and exploring questions such as how does simulation help design engineers? What are the best ways to help design engineers adopt simulation tools? What should you look for in a simulation solution for design engineers?
In addition, 25 respondents will receive a $20 Amazon gift card. See rules and eligibility requirements below.
The survey should take about 10 minutes or less to complete. Individual responses will be kept confidential.
Thank you for your help and support!
To be eligible for this offer, you must complete the survey and be a professional with job responsibilities related to or supporting the development, release, or manufacture of products. Vendors and consultants who sell software, solutions, or services to support product development are not eligible. Students without relevant professional work experience are also not eligible. A valid work email is required to receive the gift card. To verify eligibility, your work email must include the domain of your place of employment. Email addresses will be kept confidential and will not be used for any direct sales or marketing purposes. Duplicate responses will be disqualified. Winners will be notified when the survey is closed.
[post_title] => Simulation Study: Empowering Innovation [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => design-simulation-survey [to_ping] => [pinged] => [post_modified] => 2024-01-20 00:53:02 [post_modified_gmt] => 2024-01-20 05:53:02 [post_content_filtered] => [post_parent] => 0 [guid] => http://tech-clarity.com/?p=5193 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 4 [filter] => raw ) [17] => WP_Post Object ( [ID] => 5182 [post_author] => 2572 [post_date] => 2016-03-21 12:10:51 [post_date_gmt] => 2016-03-21 16:10:51 [post_content] =>
How to Empower R&D and Engineering Teams to Innovate with New Materials: Secrets to Growing Revenue and Increasing Profit Margins identifies six lessons to help companies innovate to secure future revenue streams, while managing risk. The study examines how new materials can help companies innovate and how more successful companies take advantage of the latest developments in materials.
Please enjoy the summary below, or click the report to download a PDF overview (free of charge, no registration required).
For the full report please visit our sponsor, Elsevier (free of charge, registration required).
Optimizing the Bidding Process: How Industrial Equipment Manufacturers Can Win More Business focuses on the importance of getting the bidding process right. Bids require a quick response, yet must be competitively priced, without sacrificing margins. Getting this right is a challenge for many companies, but is especially difficult for businesses such as industrial equipment manufacturers offering Engineer-to-Order products. This report identifies best practices for quickly delivering an accurate, yet competitive bid.
Please enjoy the summary below, or click the report or title to download the full PDF (free of charge, no registration required).
For for more information on bidding for Engineer-to-Order products, please visit our sponsor, Autodesk.
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Tech-Clarity's Addressing the Bottlenecks of FEA Simulation: Enabling Innovation by Getting Even More Value from CAE shares survey results on the simulation process. The analysis identified the top simulation bottlenecks that slow down the process. With a better understanding of these bottlenecks, manufacturers can take steps to minimize them and consequently, get even more value from simulation.
Please enjoy the summary below, or click the report to download a PDF overview (free of charge, no registration required).
For the full report, please visit our sponsor, Siemens, here (free of charge, registration required).
In addition to examining the bottlenecks associated with simulation, this report provides guidance on best practices to address them. These practices will help product development teams get even more value from simulation so that they can make the right product decisions that will lead to more profitable products.
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Tech-Clarity’s Addressing the Bottlenecks of FEA Simulation: Enabling Innovation by Getting Even More Value from CAE shares survey results on the simulation process. The analysis identified the top simulation bottlenecks that slow down the process. With a better understanding of these bottlenecks, manufacturers can take steps to minimize them and consequently, get even more value from simulation….
Autodesk published an infographic sharing our research on why top performing companies – those with better revenue growth, higher margin growth, and greater cost reduction – use Product Lifecycle Management solutions. It also shares some of our findings on the time and cost to implement PLM and Top Performers’ use of cloud solutions. We’ve included…
In a guest post titled Successful Products Start with Requirements and Validation on the PTC Integrity blog, Michelle Boucher describes why good requirements management is so critical to product success. Excel and Word tend to be the most common tools used for requirements. They work extremely well for defining requirements, but managing requirements becomes much more difficult. When not properly…
Jim Brown shared his recent research on building versus buying IoT infrastructure in the Top Five Things that Ensure a Successful IoT Implementation: Exploring the Nature of IoT Projects and Build vs. Buy Decisions Industry Week webcast webinar (sponsored by Autodesk). The webcast also featured Autodesk’s Head of IoT, Bryan Kester, sharing the value of a smart,…
The Simulation Buyer’s Guide for Design Engineers eBook identifies the top 10 buying criteria you should consider when buying a simulation solution for design engineers. You can then use this information as a checklist to select the right solution for you. The eBook includes a list of questions to help you determine your needs for…
The PLM License and Deployment Flexibility Puts PLM in Reach eBook discusses how new software deployment and licensing approaches including cloud, SaaS, subscription, and others can put PLM in reach for more companies. The eBook reviews the ROI of PLM and dispels the myth that PLM implementations have to be long and expensive. The research reviews the benefits of…
Tech-Clarity’s Requirements and Validation Engineering Buyer’s Guide helps manufacturers develop criteria to evaluate software solutions to support requirements management and validation engineering. Tech-Clarity’s Buyer’s Guides go beyond software functionality to provide a framework of requirements that impact implementation success and long-term ROI, including: Software capabilities Implementation User adoption Support Vendor characteristics / attributes Industry or unique business…
Driving Engineer-to-Order Differentiation and Profitability, Analyzing Trends and Best Practices in Product Configuration shares survey findings and interviews with leading manufacturers showing how Top Performers achieve higher revenue and profit margin growth through ETO best practice processes and technology. The research shares results of a survey of over 200 manufacturers and analyzes their use of…
This infographic explains how manufacturers can improve configure-to-order (CTO) profitability by shifting design and validation “left,” earlier in the product lifecycle, to rapidly respond to requests with accurate quotes and quality products. For more information on 3D Design and Validation, download the related eBook from our sponsor Dassault Systemes (free of charge, registration required). You can also see…
This new eBook explains how companies with configure-to-order (CTO) products can improve efficiency and responsiveness through the intelligent use of 3D design and validation techniques. The research shares perspectives from Tech-Clarity’s Jim Brown and GE’s Jeff Erno on how design and validation can be “shifted left” in time so manufacturers can accurately and rapidly deliver quotes…
Tech-Clarity’s Jim Brown will participate in a panel discussion along with a presenter from GE and representatives from Dassault Systemes as a part of the upcoming ENOVIA user meeting. The panel will address customer submitted questions expected to include PLM functionality and the 3DExperience Platform. The theme of the event is “Driving Growth for the…
During this webinar, Michelle Boucher joins Charles Krueger, CEO of BigLever Software. Together they discuss strategies for handling increasing complexity, meeting varying customer needs, and managing product lines, especially for software-intensive products. The webinar focuses on product line engineering and includes a discussion on: Successful approaches to product line engineering (PLE) for managing product variation How embedded software, combined with the…
Jim Brown presents on this Industry Week and Aviation Week webcast sharing insights into the new levers of competition for suppliers to the automotive and aerospace industries. He presents with Dassault Systemes Director of Automotive/Transportation Industry Michael Lalande and Aerospace and Defense Business Consultant Paul Granada who share deeper perspectives on their respective industries. Together they share practical ways that suppliers…
Michelle Boucher shares six reasons why product development projects fail and they all stem from poor requirements management. The guest post titled 6 Reasons Your Projects Fail: How Requirements Management Can Help on the PTC Integrity blog, explores the impact of these six challenges on project success and discusses various ways poor requirements management can derail a project. Read the post on…
Our Finding PLM to Fit Midsized Manufacturers eBook explains how smaller companies find themselves stuck between full-featured PLM systems that feel out of reach and less capable solutions including cloud-based file sharing or very basic data management applications. They know they can’t afford the errors and inefficiency inherent to informal data and process management, but can’t…
At Microsoft Envision, Tech-Clarity’s Michelle Boucher will chair a panel that includes: Luis Baldez, Software Strategy Program Manager, 3D Printing, HP Prabhjot Singh, Manager, Additive Manufacturing Lab, GE Global Research Simon Floyd, Director Strategy, Product Lifecycle Management, Microsoft Microsoft Envision takes place in New Orleans to April 4 – April 6. The panel discussion will explore…
This survey is now closed. Please check out our Active Research page for additional Tech-Clarity survey opportunities. How do leading companies empower design engineers with simulation? Please share your experience. We are conducting new research on simulation and exploring questions such as how does simulation help design engineers? What are the best ways to help design engineers adopt…
How to Empower R&D and Engineering Teams to Innovate with New Materials: Secrets to Growing Revenue and Increasing Profit Margins identifies six lessons to help companies innovate to secure future revenue streams, while managing risk. The study examines how new materials can help companies innovate and how more successful companies take advantage of the latest developments in…
Optimizing the Bidding Process: How Industrial Equipment Manufacturers Can Win More Business focuses on the importance of getting the bidding process right. Bids require a quick response, yet must be competitively priced, without sacrificing margins. Getting this right is a challenge for many companies, but is especially difficult for businesses such as industrial equipment manufacturers offering Engineer-to-Order…
The concept phase is critical for innovation. Tech-Clarity’s Improving Concept Design to Boost Revenue infographic steps through what companies attempt to achieve during the concept phase, how the most successful companies approach concept development, and the benefits they enjoy as a result. Additional information can be found in our related research report, Improving Concept Design: Innovating at the Front End to Drive…