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PTC Embarks on Internet of Things Journey via ThingWorx Acquisition
PTC ended 2013 by announcing it had acquired ThingWorx, creators of a platform for building and running applications for the Internet of Things (IoT), for

mckinsey plm  recent report from the McKinsey Global Institute , the IoT has the potential to unleash as much as $6.2 trillion (USD) in new economic value by the year 2025. In the IoT era, increasingly smart and connected products can generate value in many key ways , as streams of real-time operational data are captured, analyzed, and shared to deepen a company’s understanding of its products’ performance, use, and reliability. With increasingly sophisticated IoT technologies becoming available, companies can not Read More...
Core PLM for Discrete Industries
The foundation of product lifecycle management (PLM) for the discrete manufacturing industries is product data management (PDM). It covers design and product-related aspects of PLM including manage...
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Documents related to » mckinsey plm


PTC Live Global 2013: All About Design for “Servitization” —Part One
This was my third time attending the PTC Live Global (formerly PlanetPTC Live) conference, and by now I can say with some conviction that, compared to its large

mckinsey plm  to every available market. McKinsey & Co. predicts that by 2025 emerging markets will generate $30 trillion in annual consumption and 70 percent of demand will come from those markets. No smart company will want to cater only to the 30 percent of the market available in the developed world. Manufacturers are thus approaching innovation with a range of techniques, such as scouring emerging markets for items that can be sold in mature economies and even opening up the innovation process to the public ( Read More...
From Idea to Market-ready Product in Record Time
The odds against successful product innovation are long. New products need to win over consumers and convince retailers—a challenging task for many reasons

mckinsey plm  27.5 months. And when McKinsey consultants looked into the effects of delays, they concluded that a six-month delay can reduce total profit by 33%. To shorten time to market, companies need to closely integrate all development-related areas - research and development, marketing, production, logistics, quality management, sales and distribution, purchasing, and controlling and finance. And integrating interdepartmental processes and information flows is just as essential as integrating external service Read More...
PLM for the Fashion Industry
Product Lifecycle Management (PLM) for Fashion is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities

mckinsey plm  for the Fashion Industry Product Lifecycle Management (PLM) for Fashion is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fashion goods (including apparel, footwear, accessory and home fashion) manufacturers and retailers to achieve more efficient product development, lower cost, and better collaboration and control throughout the whole supply chain. Read More...
Product Lifecycle Management Portfolio
The DS PLM solution suite is embodied in four key brands@CATIA, DELMIA, ENOVIA, and SIMULIA@which form one of the industry@s most comprehensive PLM software

mckinsey plm  Lifecycle Management Portfolio The DS PLM solution suite is embodied in four key brands—CATIA, DELMIA, ENOVIA, and SIMULIA—which form one of the industry’s most comprehensive PLM software portfolios. Used separately or collectively, the vendor’s proven applications define, simulate, and optimize all products, processes, and resources in an all-3D environment powered by an open development platform. With DS PLM V5 solutions, all business processes are linked together—including change Read More...
What Does the “L” in PLM Really Mean?
In an earlier post, What Does the “P” in PLM Really Mean?, I discussed what the word “product” means in  product lifecycle management (PLM). In this post, I am

mckinsey plm  Does the “L” in PLM Really Mean? In an earlier post, What Does the “P” in PLM Really Mean? , I discussed what the word “product” means in  product lifecycle management (PLM). In this post, I am going to move onto the next letter, “L” for lifecycle . According to Merriam-Webster, one definition of lifecycle is “ a series of stages through which something (as an individual, culture, or manufactured product) passes during its lifetime .” In a typical manufacturing environment, these Read More...
Product Note: NGC's Fashion PLM and Sourcing Solutions
NGC e-PLM and e-SPS are NGC’s offerings in product lifecycle management and sourcing for the fashion industry. This product note analyzes the strengths and

mckinsey plm  Note: NGC's Fashion PLM and Sourcing Solutions New Generation Computing, Inc. (NGC) has a long history of serving the fashion industry. After adding Web-based product lifecycle managemen t (PLM) and sourcing and production systems ( e-PLM and e-SPS , respectively), to the product portfolio, the company became closer to being a one-stop-shop for its target customers. Seeing the increase in PLM adoption in the fashion industry and NGC's recent achievements in the fashion PLM area, I decided to create Read More...
What Does the “P” in PLM Really Mean?
What does the “P” in PLM really mean? The question seems ambiguous since PLM may refer to many different things (such as an airport, a university, a railway

mckinsey plm  Does the “P” in PLM Really Mean? What does the “P” in PLM really mean? The question seems ambiguous since PLM may refer to many different things (such as an airport, a university, a railway company, etc.). Okay, so let me clarify what I mean. The PLM I’m talking about here is product lifecycle management . Now, the answer seems quite simple. However, my purpose is not to trick you with this silly question, but to explore the true meaning of “product” under the PLM setting. So, what is a Read More...
PLM for the Fashion Industry Software Evaluation Report
Product Lifecycle Management (PLM) for Fashion is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of

mckinsey plm  for the Fashion Industry Software Evaluation Report Product Lifecycle Management (PLM) for Fashion is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fashion goods (including apparel, footwear, accessory and home fashion) manufacturers and retailers to achieve more efficient product development, lower cost, and better collaboration and control throughout the whole supply chain. Read More...
e-PLM
NGC@s e-PLM is a Web-based solution for line planning, style spec development, costing, and Consumer Product Safety Improvement Act (CPSIA) compliance. It

mckinsey plm   Read More...
Product Lifecycle Management (PLM)
PLM software applications support businesses in bringing products and services from idea through to design, production, and final disposition. PLM solutions

mckinsey plm  Lifecycle Management (PLM) PLM software applications support businesses in bringing products and services from idea through to design, production, and final disposition. PLM solutions have evolved to provide comprehensive functionality for all aspects of product innovation, including product development and portfolio management, manufacturing process management, ideation and requirements management, service data, and regulatory and compliance criteria. PLM solutions allow you to create, Read More...
Aras Innovator 10 PLM Platform Is Out
Aras, an established product lifecycle management (PLM) software provider, recently announced the general availability of Aras Innovator 10. The latest release

mckinsey plm  Innovator 10 PLM Platform Is Out Aras , an established product lifecycle management (PLM) software provider, recently announced the general availability of Aras Innovator 10 . The latest release provides a new level of PLM platform scalability for enterprises with global supply chains (requirements for large, extended enterprise user counts and rapidly growing data sets), and introduces an HTML5 browser-based user interface (UI), which makes PLM more accessible for business users.   The vendor is Read More...
PLM Is An Industry Affair - Or Is It?
The question, 'Do vertical industry needs play a significant role in a PLM software selection?' should be a simple question to answer. Instead, it is a

mckinsey plm  Is An Industry Affair - Or Is It? PLM Is An Industry Affair - Or Is It? Featured Author - Jim Brown - December 26, 2003 Introduction Often it's the simplest questions that have the most complicated answers. What appears to be a simple question, Does industry matter when looking for a Product Lifecycle Management (PLM) solution? leads to an interesting discussion instead of a simple answer. If you are looking for the short answer, the answer is Absolutely yes! But the answer is also Probably not. Read More...
Economic Benefits of PLM-enabled Collaboration
Many of today’s product lifecycle management (PLM)-enabling technologies allow complex information to be shared by dispersed teams of people. Product data

mckinsey plm  Benefits of PLM-enabled Collaboration PTC is all about helping discrete manufacturers succeed by meeting their globalization, time-to-market, and operational efficiency objectives in product development. As one of the world's largest and fastest-growing software companies, we deliver a complete portfolio of integral Product Lifecycle Management solutions to over 50,000 customers in the Industrial, High Tech, Aerospace & Defense, Automotive, Consumer, and Medical Device industries. Source: PTC Read More...
CAXA V5 PLM
CAXA V5 PDM is a product data management (PDM) platform for collaborative design, process planning, and shop-floor management. Its basic functions include

mckinsey plm  V5 PLM CAXA V5 PDM is a product data management (PDM) platform for collaborative design, process planning, and shop-floor management. Its basic functions include the integration of all major computer-aided design (CAD) systems and data files, bills of materials (BOMs), and workflow management. Advanced functions are also provided for remote collaborative BOM management, online meetings, integration with enterprise resource planning (ERP) solutions, etc. The platform is scalable and can be customized Read More...

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