Product Innovation Platform Improves Manufacturing Efficiency

Product Innovation Platform

by | Apr 9, 2015

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Product Innovation PlatformManufacturers can more efficiently tie together all enterprise applications, data, and tools used to design, develop, manufacture, and service products in one system using a product innovation platform with product lifecycle management (PLM) at its core, according to IDC Manufacturing Insights.

IDC PlanScape: Building the Product Innovation Platform, says today’s enormously complex, connected, and “smart” products have enabled the evolution of PLM to the point where it connects with other enterprise data to enhance innovation. The report lays the foundation for manufacturers looking to mature their PLM process to the next step.

According to IDC Manufacturing Insights, the product innovation platform, with PLM as its core, essentially ties together all enterprise applications, data, and tools used to design, develop, manufacture, and service products in one system.

This new PlanScape will complement the initial Perspective, The New Vision for PLM — The Innovation Platform, by providing detail on the building blocks for the product innovation platform: the planning approach, the framework, and the reference model, as well as reinforcing the value of this enterprise-wide approach to designing, engineering, and manufacturing products.

 

 

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