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Commentaries & Highlights

Items filtered by date: September 2015 - CIMdata
 PDF Key takeaways: Product complexity is increasing as products become smarter and more connected As new methods and paradigms for design emerge the importance of PLM to manage the increased scope of requirements and information needed for design, development, manufacturing, and service continues to increase Introduction In their latest article on how technology and the Internet of Things (IoT) are changing products and business models, PTC President and CEO Jim Heppelmann and Dr. Michael Porter, Bishop William Lawrence University Professor at Harvard Business School discussed How Smart, Connected Products are Transforming Companies.[1] CIMdata is following this series of articles because we also believe that development of smart, connected products is changing how manufacturers need to think about and execute product design, development, and support as well as the essential nature of the products and solutions they develop and deliver to their customers, and the overall business model that they will follow. Designing Products for the Future One
Published in Commentaries
Tuesday, October 20, 2015

PTC To Acquire Vuforia (Commentary)

 PDF Key takeaways: Augmented Reality solutions are being rapidly adopted in automotive, aerospace, and other industry sectors with particular use in design and service applications Recent CIMdata research on augmented reality and mixed reality applications suggests that industrial companies are just scratching the surface with the enablement of potential use cases The Vuforia acquisition should enable PTC to provide significant new capabilities for product design, operational management, and service PTC announced it has signed a definitive agreement to acquire the Vuforia business from Qualcomm Connected Experiences, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), for $65 million. Vuforia is a mobile vision platform that enables applications (“apps”) to see and connect the physical world with digital experiences. Today, Vuforia is supported by a global ecosystem of developers in 130 countries and has more than 200 million apps installed worldwide. Under terms of the agreement, PTC will acquire the Vuforia business, including the developer ecosystem. PTC
Published in Commentaries
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