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- Google Makes Android, But Samsung Makes All the Money
- Sam Grobart | May 16, 2013
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- IndustryWeek | May 16, 2013
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- Design News | May 16, 2013
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Tag: product development
Defining Value for PLM Solutions: What to Measure
While countless companies across industries have realized tremendous payback on their investments in Product Lifecycle Management (PLM) software, they often don’t reap the full value for years after the first phases of go-live. Part of the challenge is simply deciding what and how to measure, especially since PLM is often a multi-year, multi-phase initiative that strives to improve a set …
Quality Lifecycle Management: Striking a Balance between Product Reliability and Over-Design
When it comes to product design, companies must balance four competing goals: cost, time to market, feature set, and reliability. The key is to get the right mix and create the greatest customer satisfaction with the product. Too often, however, companies downplay the importance of reliability when weighed against the other three goals. They prioritize cost, time to market, or …
PLM and Process Improvement: Building Bridges to Ensure Enterprise Value
When working to improve product lifecycle management, companies often struggle to gain full value from their initiatives because they fail to focus on cross-enterprise change. For example, companies seeking to accelerate product development often focus on improving tools and processes for collaboration. But they put most of their energy into changes within individual departments instead of also looking across them. …
Posted in Strategy
Tagged PLM, product development, change management, process improvement
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Is Open Source Product Development the Next Big Thing?
Open source – it’s a phrase for some that conjures images of the software equivalent to hippie communes in Vermont sharing in the fruits and labor of their co-op-grown organic kale. But if that’s really how you see open source, get over it. This is where the world is going, and the proof is in the proverbial pudding. GitHub, the …
Posted in Innovation
Tagged 3D printing, crowdsourcing, manufacturing, product design, product development
1 Comment
Strategic PLM Implementation: Understanding the Value of Out-of-the-Box Software
Most companies that invest in major PLM programs want to minimize customization when deploying their new software. Customizing enterprise software like PLM is expensive, time consuming and often results in systems that are costly to maintain and less flexible in supporting business growth and change. Meanwhile, the top PLM software vendors have greatly improved out-of-the-box capabilities in recent years. Current …
Minimizing Risk with PLM Transformation: The Role of Executive Sponsors
Large-scale business change initiatives are inherently risky. Business literature is littered with failure stories: Companies overreach, technology doesn’t work as advertised, workers resist the new approach to work. To avoid such disasters, most business leaders today appreciate the importance of including strong executive sponsors for technology-based transformation programs like PLM. In practice, however, companies often fail to establish the level …
Posted in Strategy
Tagged executive sponsorship, governance, manufacturing, PLM adoption, product design, product development
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New eBook Highlights PLM Key Success Factors
If you’re following the new Strategy section of this blog, you’ve seen a set of posts teasing out data points from a study on PLM key success factors conducted by PTC Global Services and independent analyst firm Tech-Clarity. A new eBook, High Performance PLM: Key Success Factors for PLM Strategy, Implementation, and Adoption, now pulls together the most important data …
Posted in Strategy
Tagged implementation, manufacturing, PLM, product development, PTC, supply chain, Tech-Clarity
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Invent It, Make It, Sell It – Quirky Empowers Consumers to Innovate
Have you ever had a great idea for a design? An innovation that could save time and countless frustrations? If only you had an outlet for your brilliant invention – a way to get it created and on the shelf at Target or OfficeMax. That’s what New-York-based social product development company Quirky does every day. Quirky has grown a collaborative …
High Performance PLM: Four Keys to Outstanding Business Results
New research by Tech-Clarity and PTC highlights four key success factors that distinguish high performers in Product Lifecycle Management (PLM) from the rest of the pack: Strategic business alignment Process-based solution design Reduced customization of PLM software Comprehensive, role-based learning and adoption Sounds pretty obvious, right? Well, sort of. But, as usual, the devil is in the details. The practical …
What Not to Do in Product Development: The Case of a Swedish Warship
When I hear the words “product development,” I think about the latest consumer gadgets, manufacturing, time-to-market, global supply chains. Product development is not a modern concept, but rather, old processes and strategies which have been evolving for many years as a result of age-old challenges. I recently took my children to the Vasa Museum in Stockholm, Sweden, where the big …
Posted in Connections
Tagged defense, manufacturing, product design, product development, shipping
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