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TransformproductdevelopmentwitheasyaccesstoPLMPAGE:12345678910
Intro/TableofcontentsEnsuringthatproductlifecyclestakeholdersthroughoutyourorganizationcanaccessthemostaccurate,up-to-dateproductinformationwillbenefitallaspectsofboththeproductandtheorganizationitself.Buthowdothesestakeholders–fromrequirementsdefinitionthroughserviceandsupport–getproductinformationinatimelywaytobegininformingcriticaldecisionstoday?Inthisebook,youwill:DiscovertheImpactoftoday’smethodsExploretheRoleofIoTinfindingasolutionLearnhowThingworxNavigatecanhelpTransformproductdevelopmentwitheasyaccesstoPLMPAGE:12345678910
WithdatathroughoutyourcompanycomingfromsourcesasdiverseasinternalITsystems,manufacturingequipment,andproductserviceanduse,itcanbeachallengejusttoaccessthisinformation–letaloneanalyzeit,createmeaningfromit,andmaketherightdecisionswithit.Forstarters,differentteamsfromthroughoutasinglecompanyallusedifferentsystemsofrecordtocapture,manage,andcommunicatetheinformationthatisimportanttothem.Eachsystemofrecordrequiresitsownuniquesetofskills,andaccompanyingtraining,touse–makingitseemliketheonlypeoplewhocangetdataoutofitaretheoneswhoputthedatainthereinthefirstplace!Howdoyoucommunicateproductdatatoday?Withanestimated90%oftheworld’sdatacreatedinthelast2yearsalone(Conner,n.d.),it’snowonderthatcompanieslackthemeanstouseitall.IDCestimatesthatjust0.5%ofthedatacompaniesproduceiseverused(EMC,2012),andBigDataexpertsbelievethatiftheaverageFortune1,000companyincreasestheamountofdataitusesbyjust10%,itcouldrealizeover$65millioninadditionalnetincome(Marr,2015).only0.5%ofthedatacompaniesproduceiseverused$65millioninadditionalnetincome90%oftheworld’sdatacreatedinthelast2
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