How are leading companies enabling their teams to be more innovative? How are they taking advantage of the latest material advancements?
Please share your experience. We are conducting new research on product innovation. This survey is targeted at those who either develop new materials or look to use new materials to support their innovation goals. We are exploring questions such as, what are your strategies to become more innovative? What resources do you use to learn about emerging developments on new materials? How are you empowering your teams to become more innovative?
If you already completed the survey –> please share with a colleague or on social media using the “Share/Save” options above.
Please fill out this questionnaire to receive a free copy of the final report.
In addition, 50 respondents will receive a $10 Amazon gift card. See rules and eligibility requirements below.
The survey should take about 10 minutes to complete. Individual responses will be kept confidential.
Thank you for your help and support!
Interested in other Materials Research?
If you have interests in some of the latest trends in materials, you may also be interested in our Materials Trends Survey. We are researching how the use of new materials impacts the design and production process. For more information on the study go here or feel free to directly access the 10-15 minute survey here.
Rules
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.
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[post_content] => Join Tech-Clarity's Jim Brown and Dassault Systemes' Raymond Wodar as they present on a CGT webcast, New Approaches to Improve Product Development. The presentation focuses on how to compete in today's complex markets and ensure innovative products reach consumers quickly despite tight regulations, disperse supply chains, and severe cost pressure. Learn how Top Performing CPG companies are moving beyond point solutions and disconnected processes and adopting more holistic product development approaches.
Register Now (free of charge, registration required)
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How do leading “to order” manufacturers support their sales, quote, and manufacturing processes?
The survey is closed, thank you.
Thank you for your help and support!
Rules
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.
How do leading companies develop conceptual models?
Please share your experience. We are conducting new research on concept development. We are exploring questions such as, what are best practices for developing concepts? Are there approaches to concept development that will save time during detail design? Can technology help??
If you already completed the survey –> please share with a colleague or on social media using the “Share/Save” options above.
Please fill out this questionnaire to receive a free copy of the final report.
In addition, 20 respondents will receive a $20 Amazon gift card. See rules and eligibility requirements below.
The survey should take about 10 minutes to complete. Individual responses will be kept confidential.
Thank you for your help and support!
Interested in CAE Research?
If you have interests in simulation and analysis, you may also be interested in our CAE Survey. We are researching best approaches to pre and post processing. For more information on the study go here or feel free to directly access the 10-15 minute survey here.
Rules
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.
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[post_content] => The Getting the Most from PLM - PLM Drives Tangible Business Value eBook is the result of a joint research project between research firm Tech-Clarity and innovation consulting firm Kalypso. We researched over 100 companies to determine how some companies get much higher levels of value from their Product Lifecycle Management implementations. The report shows that leading companies go beyond tactical (yet valuable) cost and efficiency gains to improve innovation and drive higher profit margins and revenue.
Please enjoy the summary below, or click the eBook to download a PDF overview (free of charge, no registration required).
For the full report, please visit our research partner Kalypso (free of charge, no registration required).
PLM and Business Value
Product lifecycle management (PLM) drives significant business improvements that show up in investor calls and annual reports. PLM implementations enable important improvements, but the value is tactical and limited to improved efficiency and reduced cost. While these are worthwhile improvements (and often pay for the whole initiative), they fail to exploit the full potential of PLM.
PLM can drive innovation, improve differentiation and lead to significant revenue growth. But most PLM implementations fall short of this. Why?
All PLM Initiatives Are Not Equal
This eBook explains how some get the most out of PLM and shares practical tips for how you can drive real business value from PLM in your business.
Most of the companies surveyed report that PLM helped improve their top line and drive higher margins. But some did better than others. To find out why, we looked at the companies that rated themselves the highest on revenue growth, profit margin growth and percent of sales from new products (less than three years old) – the “Top Performers.”
Top Performers grew revenue almost twice as much as others while growing profit margins 29 percent more. This is a significant difference on the bottom line.
Top Performers also grew revenue from new products more than Others, indicating better innovation and product development performance.
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[post_content] => Tech-Clarity’s Michelle Boucher will share recent research on PDM, PLM and the cloud at an event put on by MasterGraphics, "Cloud ERP / PLM: Gaining a Competitive Advantage with Connected Data." She will discuss some misconceptions and how to set the right foundation for incremental strategic improvement.
The event will be held in Milwaukee on August 13th. More information about the event can be found here.
[post_title] => Cloud ERP / PLM: Gaining a Competitive Advantage with Connected Data
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[post_content] => Jim Brown presented findings from his recent research on Enterprise PLM in this Engineering.com webcast, Top PLM Performers Manage More Than CAD. The recording is now available on-demand, including a very active Q&A session.
Watch the replay now (no charge, registration required)Sponsored by Autodesk PLM 360
[post_title] => On-Demand Webinar - Top Performers Do More than Manage CAD with PLM!
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[post_content] => Product Lifecycle Management Beyond Managing CAD, The Business Value of PLM shares survey results exploring the value of PLM beyond managing design files such as CAD. While the research finds that most Top Performers manage CAD in PLM, they also do a lot more. The research shows that Top Performers - the ones that report higher revenue growth, margin expansion, cost reduction, and product innovation - are much more likely to extend PLM further and take more holistic, process-oriented, enterprise-wide view.
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 Engineering.com (free of charge, registration required, sponsored by Autodesk).
Table of Contents
Executive Overview
Benefits of Product Lifecycle Management
Putting PLM in the Business Perspective
Battling Complexity
Combatting the Business Impacts of Complexity
Identifying the Top Performers
Adopting a Process-Centric PLM Approach
Expanding PLM Across the Enterprise
Expanding PLM Across the Supply Chain
Explore the Relationship Between PLM and PDM
Integrating PLM with Other Systems
Taking a Process versus Data-Centric View
What about the Cloud?
Conclusion
Recommendations
About the Author
About the Research
Executive Overview
The concept of Product Lifecycle Management (PLM) software and the reality do not always match. PLM software started as a way to expand the value of Product Data Management (PDM) by adding additional information such as release status, BOMs, and ECOs. But the real promise of PLM – supporting enterprise-level processes for product innovation, product development, and engineering – offers much higher, strategic value.
So why haven’t more companies taken advantage of the benefits of process-centric PLM? Some of the reason is historical, because most early PLM systems were really CAD data management with some added features. But another part is simply how important good data management is. As Tech-Clarity’s recent The Facts about Managing Product Data shows, “PDM’s ability to help companies control, access, and share product data is a powerful tool that helps companies improve top- and bottom-line performance.”
PDM adds value on it’s own and is a logical starting point. But many implementations stop there, while others continue on to support more processes. Alternatively, today’s modern, enterprise-focused PLM systems offer the opportunity to start with processes in the first place. So which drives higher value, a data-centric or process-centric approach? We surveyed over 200 companies to understand if they take a data management or process-centric view of PLM to find out. We identified the “Top Performers,” those that excel beyond their peers in revenue growth, margin expansion, innovation, and cost reduction, and analyzed their PLM approach to see what leads to better performance.
The survey results lead us to believe that process-centric, Enterprise PLM drives better business performance, but also finds that core PDM capabilities are an important value driver. Specifically, the survey finds that Top Performers are more likely to:
Execute processes that go beyond the technical definition of the product to the commercial aspects of the offering
Leverage more advanced PLM processes including cost and quality management
Have more departments and third parties using PLM
Use core PDM capabilities more than “Others”
Tightly integrate PDM and PLM
Integrate PLM with other enterprise information systems and engineering tools
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[post_content] => Reducing Program Risk with Earned Value Management explores the business value of Earned Value Management (EVM) processes and tools and how they can streamline program execution and drive down risk. The eBook shares a brief overview of EVM in business terms and shares how EVM helps companies gain control of programs, monitor and correct program health, boost visibility and management oversight, and demonstrate program control to customers. The eBook also shares how companies can leverage PLM to file the gap most companies have in creating an Earned Value Management (EVMS) system.
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 Dassault Systèmes(free of charge, registration required).
Why Earned Value Management?
Large programs are notoriously difficult to deliver on time and on budget. But expectations are high on program managers and program management offices (PMOs) even in the face of increased complexity from multi-discipline initiatives, intense budget scrutiny, and globally dispersed supply chains. Earned Value Management (EVM) helps reduce risk on high cost, high risk, time-sensitive programs. It improves a program’s odds for success and provides accountability and traceability into cost and schedule variances. It adds a new level of control, oversight, discipline, and rigor to program management to prevent cost overruns, missed scheduled milestones, and late delivery dates.
EVM improves program management by eliminating subjectivity. The approach lets program managers factually quantify program spending and progress. It provides a mechanism to identify and mitigate issues early before things get too far off track. It also offers a standard, proven way for customers and program sponsors to audit progress to gain confidence that the programs they’re funding are on track. Many companies choose to adopt EVM to improve program success. Others are required to use EVM for specific customers, contract types, and contract values or may need to demonstrate earned value to justify billing. Either way, EVM adds value and improves confidence in program delivery.
Compliance with ANSI/EIA-748 is required for DoD cost or incentive type contracts valued at or greater than $20 million. For cost or incentive type contracts valued at or greater than $50 million, compliance with the management attributes of the ANSI/EIA-748 32 GLs is demonstrated through a formal EVMS validation process. - Defense Contract Management Agency Instruction 208
Conclusion and Recommendations
EVM helps mitigate program schedule and budget risk. It helps companies manage large, complex, time-sensitive, risky programs. Further, it’s required to do business in some industries. EVM provides control, connects program data, helps monitor and correct program health, provides visibility to improve management insight, and demonstrates control to customers to increase their confidence.
EVM requires an organizational and systems investment. Today’s advanced PLM systems provide an opportunity to extend existing infrastructure to connect disparate program information from schedule and cost systems, calculate EVM, and provide management insights in context with products and programs.
Based on industry experience and research for this report, Tech-Clarity offers the following recommendations:
Leverage PLM as the backbone for the EVMS, connecting EVM with programs and program deliverables.
Look for solutions that already incorporate the right data model, processes, and algorithms. There is no need to create this from scratch.
Look for a solution that offers flexibility to extend reporting and processes to accommodate additional customer or management needs.
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[post_content] => Tech-Clarity's new eBook, An Action Plan to Improve Your Product Portfolio, helps companies start down the path to better product profitability through PPM. The research shares insights on how to recognize the need for PPM, prepare your organization for the PPM journey,determine the potential ROI, and select a software vendor partner. It's a comprehensive look at how your company can start down the path to better portfolios (and profits).
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 Planview(free of charge, registration required).
Overview
Product Portfolio Management improvements drive top line growth, expand margins, improve corporate agility, and reduce overhead costs. Given the value, is it any wonder that more manufacturers are turning to PPM? Product Portfolio Management (PPM) has become mission critical for today’s product development companies. It helps companies drive strategic value by filling the pipeline with the right ideas, selecting the right projects and products, applying the right resources, and providing the right level of visibility to manage and make good decisions. Benchmarks show PPM processes and technology offer powerful business improvements, including double-digit percentage improvements in:
Efficiency
Project cycle times
Innovation capacity
Unfortunately many companies have challenges starting their Product Portfolio Management (PPM) journey. Most organizations are well versed in buying and implementing other enterprise applications like ERP, CRM, or PLM. But most R&D organizations have significantly less experience with enterprise-class PPM solutions than their operational counterparts. As a result, figuring out how and when to get started with PPM is new to many.
This guide is intended to help you get started. Tech-Clarity Buyer’s Guides help lead companies through vendor selection for their critical enterprise applications. For the most part, our guides focus on software, service, and vendor requirements. But several things make acquiring PPM different:
Many organizations are implementing PPM for the first time (at least on an enterprise scale or with enterprise class business solutions)
PPM requires a greater degree of domain expertise to implement and adopt
PPM disciplines, tools, and value are not as well know in most companies (although some might be able to leverage lessons learned from IT Portfolio Management)
This guide offers insights to help companies get started on the path to improve their product portfolios and what to look for when selecting a solution and vendor partner, including:
Identifying the need for PPM
Preparing for the PPM journey (and making the business case)
How are new materials impacting your design and production processes?
Please share your experience. What are your plans for new materials? What challenges should you be aware of when using new materials? What are so of the best practices when using new materials such as composites?
If you already completed the survey –> please share with a colleague or on social media using the “Share/Save” options above.
Please fill out this questionnaire to receive a free copy of the final report.
In addition, 20 respondents will receive a $20 Amazon gift card. See rules and eligibility requirements below.
The survey should take about 10-15 minutes to complete. Individual responses will be kept confidential.
Thank you for your help and support!
Interested in CAD Research?
If you have interests in CAD, you may also be interested in our CAD survey. We are researching top considerations on making a change in CAD tools. For more information on the study go here or feel free to access the 10 minute survey here.
Rules
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.
Have you gone through a change in CAD tools? Are you considering a change?
Please share your experience. How did the process go? What drove the change? What should companies expect when making a change?
If you already completed the survey –> please share with a colleague or on social media using the “Share/Save” options above.
Please fill out this questionnaire to receive a free copy of the final report.
In addition, 20 respondents will receive a $20 Amazon gift card. See rules and eligibility requirements below.
The survey should take about 10 minutes to complete. Individual responses will be kept confidential.
Rules
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.
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[post_content] => Michelle Boucher will join Kenneth Wong, Senior Editor from Desktop Engineering and Simon Floyd, Director of Innovation and Product Lifecycle Management Solutions from Microsoft for a very interesting webcast on Thursday, June 25, 2015 at 2:00 pm EDT.
The webinar will examine some of the latest advancements in product development technologies, specifically the combination of topology optimization software and 3D printers, and how they can be used to solve some of today's key design challenges. Topology optimization software allows you to achieve material savings and lower weight by placing material only where it is needed. However, the unique shapes proposed by the software are not always manufacturable with traditional manufacturing techniques. 3D Printing creates exciting new opportunities to produce these optimized shapes.
Jim Brown and Dassault Systémes‘ VP Kendall Pond will present on this Engineering.com webcast sharing insights on the value of PLM for aerospace and automative suppliers that have outgrown their informal data management approaches. Companies in the auto and aero supply chains can learn how to better manage data, processes, and collaboration with Product Lifecycle…
Michelle Boucher joins Engineering.com and Boris Marovic of Mentor Graphics as they discuss how tools like CFD, sliding meshes and parametric studies can help engineers simulate products such as pumps and turbochargers. Listen to the recording (free of charge, registration required). The webinar is October 27, 2015 at 2:00 EDT.
Jim Brown penned a post on evergreen design for PTC’s Product Lifecycle Report Blog. The report, IoT Makes “As Good as the Day I Bought It” a Thing of the Past, shares the exciting potential available from smart, connected products that can be updated in the field to correct issues, improve performance, or add new capabilities….
Jim Brown shared his views on the value of location independence in this guest post titled Can’t beam me the part? Ok, how about just the 3D printing instructions? on the GrabCAD blog.
Jim Brown joins Carl Smith of IMAGINiT as they discuss how to improve collaboration, time-to-market, and efficiency using the cloud in Engineering. View the recorded webcast (free of charge, registration required).
Jim Brown contributed his views on the potential business impacts of 3D Printing in this guest blog post on the GrabCAD blog, What Businesses are about to get “Amazonned” by the 3D Printing Revolution?
How are leading companies enabling their teams to be more innovative? How are they taking advantage of the latest material advancements? Please share your experience. We are conducting new research on product innovation. This survey is targeted at those who either develop new materials or look to use new materials to support their innovation goals. We are…
Join Tech-Clarity’s Jim Brown and Dassault Systemes’ Raymond Wodar as they present on a CGT webcast, New Approaches to Improve Product Development. The presentation focuses on how to compete in today’s complex markets and ensure innovative products reach consumers quickly despite tight regulations, disperse supply chains, and severe cost pressure. Learn how Top Performing CPG companies are moving…
How do leading “to order” manufacturers support their sales, quote, and manufacturing processes? The survey is closed, thank you. Thank you for your help and support! Rules 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…
Concept Design Survey How do leading companies develop conceptual models? Please share your experience. We are conducting new research on concept development. We are exploring questions such as, what are best practices for developing concepts? Are there approaches to concept development that will save time during detail design? Can technology help?? If you already completed the survey –>…
The Getting the Most from PLM – PLM Drives Tangible Business Value eBook is the result of a joint research project between research firm Tech-Clarity and innovation consulting firm Kalypso. We researched over 100 companies to determine how some companies get much higher levels of value from their Product Lifecycle Management implementations. The report shows that…
Tech-Clarity’s Michelle Boucher will share recent research on PDM, PLM and the cloud at an event put on by MasterGraphics, “Cloud ERP / PLM: Gaining a Competitive Advantage with Connected Data.” She will discuss some misconceptions and how to set the right foundation for incremental strategic improvement. The event will be held in Milwaukee on August…
Jim Brown presented findings from his recent research on Enterprise PLM in this Engineering.com webcast, Top PLM Performers Manage More Than CAD. The recording is now available on-demand, including a very active Q&A session. Watch the replay now (no charge, registration required) Sponsored by Autodesk PLM 360
Product Lifecycle Management Beyond Managing CAD, The Business Value of PLM shares survey results exploring the value of PLM beyond managing design files such as CAD. While the research finds that most Top Performers manage CAD in PLM, they also do a lot more. The research shows that Top Performers – the ones that report higher…
Reducing Program Risk with Earned Value Management explores the business value of Earned Value Management (EVM) processes and tools and how they can streamline program execution and drive down risk. The eBook shares a brief overview of EVM in business terms and shares how EVM helps companies gain control of programs, monitor and correct program health, boost visibility…
Tech-Clarity’s new eBook, An Action Plan to Improve Your Product Portfolio, helps companies start down the path to better product profitability through PPM. The research shares insights on how to recognize the need for PPM, prepare your organization for the PPM journey,determine the potential ROI, and select a software vendor partner. It’s a comprehensive look at…
Material Trends for Engineering and Production How are new materials impacting your design and production processes? Please share your experience. What are your plans for new materials? What challenges should you be aware of when using new materials? What are so of the best practices when using new materials such as composites? If you already completed the…
Switching CAD Tools Have you gone through a change in CAD tools? Are you considering a change? Please share your experience. How did the process go? What drove the change? What should companies expect when making a change? If you already completed the survey –> please share with a colleague or on social media using the “Share/Save”…
Michelle Boucher will join Kenneth Wong, Senior Editor from Desktop Engineering and Simon Floyd, Director of Innovation and Product Lifecycle Management Solutions from Microsoft for a very interesting webcast on Thursday, June 25, 2015 at 2:00 pm EDT. The webinar will examine some of the latest advancements in product development technologies, specifically the combination of topology…