"Although Best-in-Class SMEs have fewer resources, these top performers are assessing product development efficiency then executing with due diligence," said Chad Jackson, research director and analyst at Aberdeen. "These companies are more than twice as likely as laggards to have formalized design processes that require product analysis (50% vs. 23%), while also assessing product manufacturability (78% vs. 18%) and a formal design release event (67% vs. 33%)."
To speed processes, Best-in-Class SMEs are giving the right tools to the right employees. Better-performing companies are twice as likely to place combined CAD and CAE tools in the hands of engineers (25% vs. 10%) to design products and assess performance. Best-in-Class are also 39% more likely to have machinists not only create tool-paths but capture manufacturability feedback during the design process through combined CAD and CAM applications (22% vs. 8%).
This study is made available to the public through the underwriting of: Autodesk, Enovia, and PTC.
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