This Tech-Clarity TV episode explains how manufacturers can get started with Product Lifecycle Management to improve engineering, innovation, and product development performance by helping them manage product-related data, processes, and projects.
Thank you Siemens for sponsoring this educational video. Watch this episode about getting started with PLM and more educational videos on the Tech-Clarity YouTube channel.
For related animations, please watch our previous episodes: Choosing your Path to PLM and The Payback of PLM.
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Transcript
Product lifecycle management, PLM, improves engineering, innovation, and product development performance by helping manufacturers manage product-related data, processes, and projects.
But how can you get started with limited resources? Let’s get some clarity.
Barriers to PLM are dropping. The cloud offers faster implementations with lower risk and resources. This makes it easier for even small manufacturers and startups to get started with PLM.
In fact, leading companies are now more likely to use the cloud for both CAD and product development collaboration.
But not all PLM options are the same.
Some PLM solutions can be intimidating. You can configure them to be exactly what you want, but it can take a lot of time, effort, and expertise.
That might be attractive to some, but many companies can’t afford to configure a solution to their exact needs.
They just want to hit the easy button and have PLM start managing engineering data and processes – right out of the box.
But a cookie-cutter approach with no flexibility may not meet your needs and won’t provide the flexibility you need to adapt over time.
Simple solutions won’t let you scale or add new capabilities, creating a dead end with nowhere to grow.
You need the right foundation with standard processes and configurations – to let you start fast.
But you need the flexibility to configure the solution to your needs, so you can compete and differentiate.
You need room to grow as your needs change, so you can get even more value over time, leveraging your easy start as a foundation for growth.
Tech Clarity’s research shows that cloud PLM for product design data management helps manufacturers:
- Get started quickly
- Reduce implementation barriers
- And Improve collaboration
It helps them solve data management challenges quickly, but also grow value over time by including more processes, incorporating more people, and leveraging additional functionality as needed.