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Key Takeaways

  • Dassault Systèmes shared its vision driving the next 20 years. In this vision, the combination of Multiple Virtual Twins with Generative Knowledge and Know-How, constrained by sustainability requirements and deployed on the cloud, will drive what the company defined as the Generative Economy.
  • With 2024, the company enters its new five-year strategic plan with solid growth expectations. Dassault Systèmes expects to drive a 10% CAGR from 2023 to 2028, moving revenues from €6bn in 2023 to €9.5bn in 2028 (+58%). Dassault Systèmes believes there is significant room to grow as it...
Friday, 28 June 2024 11:39

Siemens Realize LIVE 2024 (Commentary)

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Enabling digital transformation to drive user, organizational, and business value

Key Takeaways

  • Siemens' strategic partnerships are delivering significant new value-added capabilities to both Siemens and their partners’ customers, e.g., an expanded relationship with Microsoft around Artificial Intelligence.
  • Siemens is continuing its move to SaaS and cloud delivery of its Siemens Xcelerator industrial software portfolio and platform – with an expanding adoption by small- to medium-size businesses.
  • Teamcenter’s multi-domain enterprise BOM functionality provides full lifecycle structure and configuration management across mechanical, electrical, electronic, software, simulation and service design, development, validation, production, and in-service use.
  • The use of...

July23-MBSE WebinarANN ARBOR, Michigan, USA 27 June 2024—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free webinar, “The Elevation and Expansion of Model-Based Systems Engineering – And What to Do About It.” The webinar will take place on Tuesday, 23 July 2024, at 11:00 a.m. (EDT) and will last for one hour.

Investment in model-based systems engineering (MBSE) initiatives is substantial, and the level of investment by industrial organizations and solution providers is projected to rise rapidly over the next 3-5 years. Effective investment requires...

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Key Takeaways

  • Engineering becomes comprehensive when it learns from contextual experiences, earning the needed trust for frequent mobility product upgrades.
  • Mechanical, electrical, electronic, and software engineers need to see what their changes will affect in the product and within the ecosystems in which they operate.
  • Virtual engineering ecosystems should keep regulations and safety standards visible assuring compliance throughout the complete lifecycle—from ideation through trade studies, to delivery, and use by the customer.
  • Enormous product and service complexity needs vertical integration of multi-scale systems: from chips and battery; to connected objects including cars and phones; up...

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Takeaways

  • CIMdata research shows that SaaS-based PLM is starting to transition from early adopters to early majority.
  • Business value is the key driver to get companies to migrate from on-premises implementations to cloud-based SaaS solutions.
  • Aras Innovator SaaS brings all the things Aras customers appreciate from Aras Innovator and adds new features and capabilities such as a full suite of native DevOps capabilities which is unique within the PLM market.
  • Aras subscribers are migrating with positive experiences and strong benefits.

Introduction

Moving enterprise software to cloud-based SaaS has been a “thing” for more than a decade. PLM...

CAM Market Grew by 4.1% in 2023

ANN ARBOR, Michigan, 18 June 2024—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the 2024 CIMdata CAM Market Analysis Report (MAR), the 32nd annual study of the global Computer-Aided Machining (CAM) market. CIMdata estimates that based on end-user payments, the worldwide CAM software and related services market grew by 4.1% in the calendar year 2023. The estimated end-user payments grew from nearly $2.6 billion in 2022 to just over $2.7 billion in 2023.

According to  Stan Przybylinski, CIMdata’s Vice President, “The CAM results at the end-user level...

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Ensuring only compliant products get to market. Fast!

Key Takeaways

  • Regulatory compliance must be supported earlier in the product lifecycle to ensure products can be developed, produced, and distributed to their target markets faster.
  • Compliance, which is often tightly coupled with other regulatory requirements like labeling or permitting, varies by industry, country, and product.
  • Best-in-class compliance management solutions leverage commercial databases and support custom rules that validate product information as it is created minimizing waste, streamlining timelines, lowering costs, and improving time-to-market.
  • Aras’ digital thread solution enables proactive compliance management for development, automates documentation for compliance...
Tuesday, 11 June 2024 09:32

Free Webinar on Sustainability & PLM

This presentation is part of CIMdata’s educational webinar series.

2024 July WebinarANN ARBOR, Michigan, USA 11 June 2024—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, “Sustainability & PLM: The Industrial Perspective.” The webinar will take place on Thursday, 11 July 2024, at 11:00 a.m. (EDT) and will last for one hour.

The escalating impact of global warming and key sustainability challenges is a critical concern for manufacturers worldwide. As these issues intensify, organizations prepared to lead in sustainable product design, manufacturing, and service...

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Supported by Autodesk Vault and Autodesk Fusion Manager

Key Takeaways

  • The value of data management and connected processes cannot be overstated. The more connected an organization’s people, processes, and data are, the more competitive they will be.
  • The quality of data is fundamental to training accurate and robust artificial intelligence (AI) models that will facilitate the discovery of meaningful patterns, insights, and correlation, enabling more informed decision-making.
  • Many companies are wary of deploying large-scale complex PLM solutions due to high costs, large numbers of resources required, lengthy deployments, and disruptions to their business, instead preferring...
Thursday, 23 May 2024 00:00

Announcing PLM Road Map & PDT EMEA 2024

This PLM-focused event will take place in October.

2024 PLMRM LOGO EMEAAnn Arbor, MI, USA & Stockholm, SWEDEN 24 May 2024—CIMdata and Eurostep are delighted to share the details about the upcoming PLM Road Map & PDT 2024 EMEA conference, scheduled to take place at the Lindholmen Conference Center in Gothenburg, Sweden, on October 23 & 24. This globally recognized PLM-focused event, under the theme "Value Drivers for Digitalization of the Product Lifecycle: Insights for the PLM Professional—Why the investment, what are the returns, and how are they achieved?" promises an engaging...

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Featured Cimdata Reports

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PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

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Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

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PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

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PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

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Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

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CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.