We have all grown accustomed to the ability to customize, and even personalize, our purchase experiences. This is true of both consumers and corporations.
The key word is “experience”. Our expectations have risen to a level where the ability to offer customization with a custom product builder ... Read more
Product configuration management is the capability of systematically organizing, tracking, and controlling the components of a product or multiple products, including hardware, software, documentation, and associated assets to enable quick and accurate configuration of end products, facilitate ... Read more
Product configurators are now an invaluable tool in the sales process leading to more efficient and reliable sales processes, as well as better customer experiences. A product configurator can be used to create a customer self-service portal or enable resellers and dealers to guide customers to ... Read more
We are now in a world of inflation and high interest rates, which is something most C-level executives have not experienced. One has to go back to the 80’s to remember what it was like to manage a company in this kind of environment. This means that business models that have worked up to now mi ... Read more
Manufacturing companies are in the midst of digitally transforming their operations through adoption of cloud computing, Internet of Things (IoT) and Artificial Intelligence (AI). The goal is to first automate recurring processes, then monitor processes in real-time to understand operations and ... Read more
In the emerging world of Model-Based Engineering (MBSE) and Model-Based Development (MBD), it can be daunting for many manufacturers to develop a product modeling solution, especially if it is to support the development of accurate product configurators for sales. But it doesn’t need to be that ... Read more
When I speak one-on-one with CIMdata clients as they wrestle with Configuration Lifecycle Management (CLM) and other enterprise-level technology-based initiatives, I am often asked “what” and “why” in addition to the usual queries about “how” and “when ... Read more
Configure Price Quote (CPQ) solutions have been around since the 1980’s and have been widely adopted by organizations that need to ensure the accuracy of quotations in the sales process.
By 2016, an Accenture survey showed that 83% of companies were using CPQ solutions. Today, that market conti ... Read more
I recently participated in a panel discussion at the PLM Roadmap in Gothenburg, Sweden, where there were interesting conversations on the changing role of Product Lifecycle Management (PLM) in manufacturing.
The questions posed generated thoughtful discussion, beginning with the very first ques ... Read more
Over the last few years, there has been a great deal of interest in using Configuration Lifecycle Management (CLM) to address complexity in the design, engineering, manufacturing and sales of products, services and systems. While CLM brings enormous value in all of these areas, we tend to overl ... Read more