Manufacturing Executives Call for Improvements in Next-Generation PLM Tools

FRAMINGHAM, Mass.—(BUSINESS WIRE)—June 13, 2007— Global independent research and advisory firm Manufacturing Insights, an IDC company, known and respected for its market research offerings focused exclusively on the manufacturing industry, announced today a new product lifecycle management (PLM) report which identifies emerging challenges in product development and the role that the next generation of PLM tools will play in meeting them.

"There's an opportunity here for manufacturers to use PLM tools more effectively to make better, faster decisions that the global economy demands," said Joe Barkai, practice director for the Product Lifecycle Strategies practice at Manufacturing Insights. "In the next generation of PLM, we expect to see that PLM is as much about effective product lifecycle decision-making as it is about product engineering. PLM tools must be used not only to support engineering tasks, but, more importantly, to create and manage a comprehensive product management strategy, culture and processes."

In addition to spotlighting the current product management challenges in his report, Barkai also identifies some of the key requirements that product development stakeholders want to see in the next generation of PLM tools, including:

-- Facilitate better decision making by multiple product stakeholders

-- Faster time to value from stakeholders' investment

-- Innovation cultivation and intellectual property management

-- Effective collaboration among heterogeneous communities

In the report, Barkai also predicts the broadening of the communities that will experience the benefits from using PLM tools, and, with that, the emergence of a new type of knowledge worker, called the "wiki worker," who will significantly influence the design and workflow of the next generation of PLM tools. Adds Barkai, "Moving forward, we expect to see more and more stakeholders call for a new generation of analytic PLM tools that support innovation, optimize product portfolio management, accelerate time to market and promote product quality and regulatory compliance. We will see a movement to 'democratize' PLM, and, with that, new ways to use PLM tools."

The full report, Next-Generation Product Lifecycle Management (Doc #MI206274, June 2007), is available to qualified members of the media by contacting dstark@financial-insights.com. For more information on purchasing the report, contact info@manufacturing-insights.com.

About Manufacturing Insights, an IDC company

Manufacturing Insights, an IDC company, provides business and information technology (IT) decision makers with fact-based research and analysis to inform and support critical business decisions. The global independent research and advisory firm closely follows processes associated with the design, development, and distribution of goods across markets, including discrete manufacturing, process manufacturing, high tech/electronics manufacturing, consumer packaged goods, and retail. Manufacturing Insights' research and analysis is critical for end users, as well as hardware and software vendors, service providers, and purveyors of IT outsourcing. Manufacturing Insights is headquartered in Framingham, MA. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. For more information, visit http://www.manufacturing-insights.com.

Contact:

For IDC / Manufacturing Insights
Deborah Stark, 508-935-4318
Director of Marketing
Email Contact




Review Article Be the first to review this article
Rand3D

Featured Video
Jobs
Mechanical Engineer I for Air Techniques, Inc at Melville, NY
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
The Rise of Mechatronics at Dassault Systèmes San Diego 5005 Wateridge Vista Drive San Diego CA - Sep 12, 2017
The Rise of Mechatronics at Buca di Beppo - Pasadena 80 West Green Street Pasadena CA - Sep 13, 2017
The Rise of Mechatronics at Dassault Systèmes Santa Clara 3979 Freedom Circle, Ste 750 Santa Clara CA - Sep 14, 2017
The 30th Annual Integrated Process Excellence Symposium & Training at Wyndham Grand Bonnet Creek Resort Orlando FL - Sep 18 - 20, 2017
Kenesto: 30 day trial



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise