The industry is full of terms like Engineer-to-Order and Mass Customization [1]. These used to only apply to consumer products, but within the past several years there has been a noticeable change in customer expectations. Every industry is subject to the expectation that a consumer can go to a ... Read more
Bottom Line: IoT lessons learned on the shop floor transfer to new product development and are fueling the next generation of smart, connected products. Capgemini predicts by 2020 47% of all products will be IoT-enabled, capable of supporting new product-as-a-service business models.
Accordin ... Read more
By definition, Product Lifecycle Management (PLM) is a series of product development and planning frameworks, processes, and systems designed to guide product ideas from concept, through development, launch, midlife product line extension, and retirement.
Today, manufacturers are relying on PLM ... Read more
