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
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
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
Capgemini’s Digital Transformation Institute’s recent research study Digital Engineering: The new growth engine for discrete manufacturers provides fascinating insights into how manufacturers are modifying their IT strategies, platforms, and spending to invest more in smart, connected products: ... 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
83% of sales teams are using CPQ apps today based on Accenture Interactive’s recent study, Empowering Your Sales Force: It’s Not Just Automation, It’s Personal.
Configure, Price and Quote (CPQ) are transaction-driven while many product configuration strategies are by nature lifecycle-based, ma ... Read more
The greater freedom customers have to customize products, the greater the opportunities to grow sales. Providing them the freedom they want starts with an Agile CPQ strategy integrating CAD, CRM, ERP and PLM systems on a single configuration thread.
The single greatest roadblock to driving more ... Read more
Gartner predicts the CPQ market will continue to grow at a compound annual growth rate (CAGR) of 20% through 2020 in the Market Guide for Configure, Price and Quote Application Suites.
Cloud-based CPQ revenue is now approaching the majority of the market and will accelerate through 2020, redef ... Read more
Driving greater revenue from new product introductions is more achievable when product knowledge permeates every aspect of manufacturing.
Incomplete, inefficient and obsolete systems are the cause of many product and service quality problems today.
70% of a new product’s cost is defined before ... Read more
Creating a self-sustaining, high-performance innovation engine is the goal many companies adopt PLM systems to accomplish. Gaining greater customer insights from CRM systems and breaking down internal barriers with real-time ERP integration is revolutionizing manufacturing today.
By 2025, 75% ... Read more
