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Items filtered by date: 1月 2024 - CIMdata
 PDF Key Takeaways Product complexity continues to increase and the need for improved cross-business and cross-domain collaboration is becoming more critical Digital transformation initiatives are driving manufacturers to create robust digital threads across their organizations. Effective integration of PLM data requires a rare blend of skills in business and technology. Razorleaf is a solution provider with deep expertise in PLM and offers CLOVER—a solution for product data integration, allowing manufacturers to speed new product introductions—maximizing product margins. Introduction and Background Product Lifecycle Management (PLM) solutions are regarded as critical enablers for developing and maintaining products. As products become more complex, driven by increased use of microelectronics, embedded software, communications, and application interfaces, the need for PLM continues to increase.[1] In parallel, organizations are working to digitally transform their operations to improve their ability to respond quickly to market opportunities and retain long-term competitiveness. A key element of this is the creation of digital threads aimed at streamlining processes
Published in Commentaries
 PDF On February 15, 2024, Renesas, a leading global provider of microcontrollers, announced that they have entered into an agreement to acquire Altium Limited, a global leader in printed circuit board (PCB) design tools. Renesas will acquire all outstanding shares of Altium for a cash price of A$68.50 per share (US$44.53 at today’s exchange rate of 0.65 A$ to US$), a total equity value of approximately A$9.1 billion (approximately US$5.92B). This is part of Renesas digitalization strategy announced in October 2023. The two companies’ shared vision is to establish “an integrated and open electronics system design and lifecycle management platform that allows collaboration across component, subsystem, and system-level design.” They plan to leverage Altium’s existing platform capabilities, including their cloud-native Altium 365 offering. Since its introduction in May 2020, Altium has expanded Altium 365s capabilities and announced a number of partnerships supporting the solution. This is the second acquisition in the electronic design
Published in Commentaries
 PDF Key Takeaways CONTACT Elements’ open web architecture, with a configurable data model, enables composable, reusable components to build applications and interfaces which provide the foundation for a digital thread. CONTACT enables a closed-loop digital thread from requirements and project planning through product engineering, manufacturing, operations, maintenance, and through end of life as well as a web of digital threads and vertical integrations within each of these lifecycle stages. CONTACT enabled Marel to create a “Digital Product Highway” for more efficient management of product data and collaboration across the enterprise. CONTACT’s digital thread capability enables companies to realize benefits to their top- and bottom-line and increase their resiliency. Introduction Many companies suffer from siloed data that is isolated and used within a given functional area but is disconnected and inaccessible to the wider enterprise. This siloed data results in time wasted searching for and often not finding information users need to do their jobs. An organization’s processes
Published in Commentaries
 PDF Addressing the Challenges of Managing Large, Complex Infrastructure and Assets with Secure Collaboration Key Takeaways The Architectural Engineering and Construction (AEC) and Engineering, Construction, and Procurement (EPC) industries do a poor job of handling large numbers of suppliers and providing secure collaboration across the lifecycle of their assets and related information, resulting in higher costs to owner/operators. Asset Information Management (AIM) is broader than Building Information Management (BIM) and focuses on managing and maintaining assets throughout their lifecycle while enabling a sustainable collaborative environment between the assets and their suppliers across multiple domains. AIM must manage assets and their digital twins under configuration control and ensure secure collaboration with all asset suppliers, providing traceability and end-to-end connectivity across a digital thread. Eurostep’s ShareAspace iAIM is based on open standards that enable complex operations to manage assets across their lifecycle and ensure they can continually be optimized. Introduction Historically, the AEC and EPC industries have been inefficient in
Published in Commentaries
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