IDC Manufacturing Insights analysts address the current market gap by providing fact-based research and analysis on best practices and the use of information technology to assist clients in improving their capabilities in key process areas.
Product development and innovation continue to be transformed by the capabilities of PLM systems to improve quality, collaboration, cost, and time. However, successful product and process transformation requires integration across multiple organizations and the enterprise systems on which they rely. The data that drives this collaboration is the digital thread of the product life cycle and is necessary for manufacturers to improve development, production, sourcing, and service, both inside and outside the industry ecosystem. It can be difficult for manufacturers to keep up with the pace of technological change, and so service providers/partners can become extended team members to provide technology and industry guidance for successful digital transformation.
Doc# US49838022 John Snow - Research Director, Product Innovation Strategies