Industry Summary Articles

 PDF Key takeaways: As products continue to become more complex, product development companies need to rely more heavily on suppliers with advanced expertise for sophisticated components and subsystems. Managing the collaborative interaction, including engineering changes, among the numerous companies that contribute to a product’s definition, manufacture, and support is essential…

 PDF Continuing PTC’s SaaS journey Today, December 14, 2020, PTC announced that it has signed a definitive agreement to acquire Arena Solutions, Inc. (Arena), a leading SaaS PLM solution provider. Under the terms of the agreement, PTC will acquire Arena Solutions for $715 million in cash. Subject to customary closing…

 PDF Key takeaways: Manufacturing companies as well as government organizations are in the early adoption stage of a significant acceleration in the use of multi-disciplinary digital models combined with operational information to support the design, development, manufacture, and operation of cyber-physical “smart systems.” The convergence of IoT, IT, and computational…

 PDF On October 29, 2020, CIMdata attended the HCL Analyst event entitled “Digital Engineering for the next decade, today.” Mr. C. Vijayakumar, President and CEO of HCL Technologies, opened the event with a review of HCL’s strategies and performance. He talked about HCL’s successes in both growth and customer satisfaction.…

 PDF Key takeaways: Product Manufacturing Information (PMI) is a foundational building block for the Digital Twin and digital transformation. Siemens Digital Industries Software’s NX solution is at the forefront of PMI implementation. PMI provides a foundational base for the establishment of the Digital Twin and digital transformation. CIMdata defines PMI…

 PDF Key takeaways: PLM is finally gaining momentum in its move to the cloud as security and performance concerns are addressed. The COVID-19 pandemic and work-from-home are accelerating the transition. Enabling CAD and PLM on the cloud, requires a complex mix of hardware, software, processes, and data to work in…

 PDF Key takeaways: In 2020, CONTACT Software is celebrating their thirtieth year delivering quality solutions to their customers. CONTACT has evolved their solution to support the evolving needs of their customers and target industries. Industries’ movement from Industry 3.0 to the Industry 4.0 vision levies many requirements on PLM-enabling solutions…

 PDF Key takeaways: Digital transformation is a well-defined trend that is key to long-term business success and COVID-19 is accelerating the transformation process. A well-developed digital thread that enables a comprehensive, actionable digital twin that can span the full extended enterprise value chain is critical to remaining competitive. Digital threads…

 PDF Key takeaways: Digital threads enable sharing stable configurations of product artifacts throughout the product’s lifecycle. Without a comprehensive digital thread it is very difficult to manage the complex web of collaborative interactions that happen during engineering processes such as requirements traceability and change control. Digital threads support end-to-end traceability…

 PDF On October 1, 2020, CIMdata met with Siemens Digital Industries Software (Siemens) personnel to be briefed on the latest and coming capabilities for Simcenter—Siemens’ simulation solution. During the briefing, Siemens delivered a product and strategy overview and then focused on four topics: Model-based systems engineering Process industry Executable Digital…