As part of Aberdeen's annual series of executive summits, the Product Innovation Summit is the only executive level event in which participants can collect actionable recommendations from Best-in-Class product innovation practitioners, for immediate implementation to improve their own company's product development and engineering performance.
Participants heard from presenters from companies like Bombardier, Xerox, Honeywell Aerospace, General Motors, Hewlett-Packard, Motorola, Delphi, Unilever, Harris Corporation and many more including noted best-selling book authors, Michael Treacy, Tony Ulwick, Dr. Roger Nagel and others. The summit was founded on Aberdeen's fact-based research, and identified how companies are transforming their product innovation processes and product lifecycle management technology in the face of increasing complexity and corporate demands for profits.
"As a summit sponsor, we thought the quality and content of the speakers at the Product Innovation Summit was exceptional and I am looking forward to building on the relationships that we were able to secure at the event," said Terri Pruett, Senior Director, Corporate Marketing, Agile Software.
Summit presenter, Dr. Roger Nagel of Lehigh University and Previous CEO and Executive Director of the Iacocca Institute, had this to say about the event: "I found the conference to be challenging, informative and of significant value. I particularly liked the specific suggestions for understanding customer perceptions of value, and the suggestions regarding formal methodologies for the innovation process."
During the proceedings, Aberdeen recognized and presented five companies with the Aberdeen Achievement Award for Product Innovation. The award winners were as follows:
-- Raytheon received the Process Excellence Award for demonstrating process ingenuity, agility, flexibility and scalability in addressing changing business requirements. Aberdeen research revealed Raytheon's best practice in the utilization of 3D modeling processes for product innovation. -- BMW accepted the Business Evolution Award for managing information flow across internal functional practices to achieve measurable business growth. Aberdeen research revealed BMW's best practices in reusing product simulation and design collaboration. -- Parker Hannifin received the Executive Stewardship Award for achieving performance heights due to direct involvement and leadership from executive management. Aberdeen research revealed Parker Hannifin's best practices in reusing product intellectual property and sharing design data across a complex, distributed organization, with exceptional leadership. -- BAE Systems won the Innovation in Technology Award for maximizing technology solutions to solve pressing service chain issues to positively impact company performance. Aberdeen research revealed BAE's best practices in the use of simulation and 3D modeling technology for product development. -- Trane secured the Performance Excellence Award for harnessing the performance impacts of value chain activities and mastering methodologies for financial, operational, and customer-centric performance excellence. Aberdeen research revealed Trane's best practices in developing profitable products and their success in leveraging 3D modeling.Summit sponsors include: Agile, Autodesk, IHS, Siemens UGS, Zuken, SmartOrg, IBM, Infotech and Invention Machine.
For additional information on the summit, please visit http://www.aberdeen.com/events/live/pie07/
Post summit Webinar revealing on site polling research, Wednesday, June 13, 2007 at 10am EDT. To register for this free live Webinar email Email Contact
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