CIMdata PLM Industry Summary Online Archive
3 June 2008
Implementation Investments
OCE Selects Invention Machine to Accelerate Product Delivery and Discover New Market Opportunities
Invention Machine announced that it has been selected by Océ, an international leader in digital document management technology and services, to help create a sustainable innovation infrastructure that accelerate new product development. Océ will also use Invention Machine Goldfire® Innovator to improve innovation processes to reduce costs and R&D, associated with designing its next generation product portfolio.
Due to information governance standards, companies worldwide are required to properly manage the entire lifecycle of digital business documents. This need, coupled with an explosion in enterprise data has led to a highly competitive document management technology marketplace. To maintain its leadership in digital printing solutions for the very high volume market, the Netherland- and German-based Océ chose Goldfire to empower its engineers and innovators so they can deliver a steady stream of productive and eco-friendly products that meet customer demand.
The innovation platform will also enable engineers to speed time to market of new products, reduce product development costs and discover new market opportunities for its existing products. Goldfire will also help increase productivity in R&D, leading to new innovations and redesign existing products with new functionality at lower cost.
“Known for its printers and document delivery technology, Océ is looking to design its next generation printers by combining in-house expertise with cutting-edge innovation solution,” said Edmund Creutzmann, Executive Director Printer Technology, Océ. “With Goldfire Innovator we can now further accelerate and improve our innovation processes, and speed-up the delivery of unique and highly productive products that add value to our customers.”
Invention Machine’s innovation software helps enterprises innovate repeatedly, accelerating and sustaining product innovation. Its semantic technology helps translate ideas into commercialized products by generating and validating the right ideas the first time - whether it's creating a folding box spring, an engine for NASA or a new printer.
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