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Position Papers

Items filtered by date: November 2014 - CIMdata
 PDF Key takeaways: The combination of scarce resources and globalization are driving an upheaval in innovation and lifecycle management Scarcity and globalization upheavals are coalescing into business strategies that demand the “platformization” of PLM The Iron Triangle of better / faster / cheaper is no longer good enough In its ongoing evolution as a business strategy, PLM is approaching and in some cases already achieving the status of a business platform. PLM has always been a core enabler for innovation as part of a business strategy. Now PLM-as-a-platform, or the “platformization” of PLM, is morphing into new ways of going about the business of innovation. There are two major drivers for higher levels of innovation, and they are unstoppable. One is the Circular Economy, where, according to the UK-based Ellen MacArthur Foundation, “today’s products are tomorrow’s resources.” Closely related to the Circular Economy is “servitization,” manufacturers delivering their products as services under service-level agreements (SLAs). Under
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