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Commentaries & Highlights

Items filtered by date: September 2023 - CIMdata
 PDF Marking Another Platform Investment On October 31, 2023 BAE Systems announced its acquisition of Eurostep AB, a provider of product data sharing software and solutions for collaboration. After the acquisition, Eurostep will become part of BAE Systems’ Digital Intelligence business. The parent company, BAE Systems, is one of Europe’s largest defense contractors. BAE Systems Digital Intelligence supports customers in 16 countries to help collect, manage, and interpret complex data. Eurostep AB has a long history in promoting and supporting product lifecycle management (PLM) implementations. Their laser focus on building their solution around key international data standards, mostly notably Product Life Cycle Support (ISO 10303-239), is helping companies and collaborative programs define and manage digital threads based on heterogeneous product data. This is the sixth investment in the PLM-enabling platform space since 2019.[1] This does not count major OEM agreements around other commercial platforms that bring new “white label” variant solutions to market
Published in Commentaries
 PDF Key Takeaways Digital transformation is a continuous journey that requires a range of product lifecycle applications that are flexible and scalable from strategic providers that companies can trust to support and evolve as their needs adapt to a rapidly changing business environment. The adoption of PLM in cloud-based environments will continue to grow and garner significant attention across diverse industries. The combination of dependable support, flexibility, risk mitigation, security, and scalability provided by SaaS PLM platforms in concert with cloud partners is becoming a business imperative. Siemens Digital Industries Software and Amazon Web Services partnership delivers the technologies and expertise to enable effective business transformation. Introduction Most companies today are under constant pressure to adapt to new market realities. Successful companies continuously evolve to enhance business opportunities, improve profit margins, leverage human and physical resources to sustain their competitive edge and drive innovation.[1] Digital transformation takes everything to the next level. A successful digital transformation enables organizations
Published in Commentaries
 PDF Over the past several decades, Product Lifecycle Management (PLM) has grown into a technological force that “brings things together“ so that product developers, manufacturers, systems integrators, users, owners, and support personnel can make sense of all that is going into, and happening to, products and physical assets. This is crucial to maximizing and extracting value from their definitions. CIMdata has been at the forefront of the ever-evolving PLM landscape for four decades. As we celebrate our 40th year in 2023, we reflect on the transformation PLM has undergone and how CIMdata’s journey, in many ways, mirrors the evolution of PLM itself. Over its 40-year journey, CIMdata has become the PLM industry’s leader in education, research, and strategic management consulting. We have tracked PLM’s maturation from its roots in mechanical CAD and CAM and its formative configuration as product data management (PDM). We have done so by keeping: our clients and the market
Published in Commentaries
Tuesday, October 17, 2023

Accenture and Siemens (Commentary)

 PDF Sharing open collaboration and joint innovation to drive digital transformation across the product life cycle Key Takeaways Growing complexity is affecting all industries and successful companies are digitally transforming their business to become more agile and productive. Digital transformation is a continuing journey and companies need to establish strategic partners to enable them throughout that journey. Accenture has in-depth experience with many clients in different industries providing the insights that form the base of knowledge needed to pursue digital transformation possibilities. Accenture and Siemens Digital Industries Software partnership delivers the expertise, technologies, and coordinated management to enable effective business transformation. Introduction Between rapid technology evolution, increasing product complexity, increasing cost of goods, labor shortage, and supply chain disruptions, manufacturers around the globe are feeling a pressing need to transform. Continuing success demands that businesses change how they work–develop, produce, and service—to both attract the needed staff and create products and services customers want.[1] Addressing these challenges requires companies
Published in Commentaries
 PDF On 16 October 2023 Mr. Ray Hein, one of Propel Software’s co-founders, announced his retirement from day-to-day responsibilities at the firm. He had turned over the CEO role at Propel in 2022 to Mr. Ross Meyercord, a Salesforce veteran,[1] and last held the title of Chief Strategy Officer. Tapping Mr. Meyercord makes sense given that Propel is built on the Salesforce platform and is part of a huge ecosystem of Salesforce application providers, a great strength of the Propel offering. Mr. Hein has a long history in the product lifecycle management (PLM) market, going back to his role at Agile Software from 1997 to 2007, where he was VP of Product Strategy. At Agile, he was responsible for product vision and strategy, roadmap development and execution, and product management. Mr. Hein was also instrumental in growing Agile through strategic acquisitions that eventually led to their acquisition by Oracle Corporation in 2006.
Published in Commentaries
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