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Industry Survey Reveals Gaps in Manufacturers¡¯ Readiness for Digital Transformation and Product Innovation
2017/10/27
source: CIMdata
Aras today announced the results of a PLM Benchmark Survey for Enterprise Organizations. The findings reveal a significant gap in manufacturers¡¯ readiness for Digital Transformation as a result of disconnected product processes and poor enterprise-wide adoption of product lifecycle management systems.
 
 
Many manufacturers either don¡¯t use the software to its full potential or are hindered by legacy architectures that are not easily upgradable to support their current product processes.

Disconnected Product Processes Hinder Innovation
Driven by increasingly complex and connected products¡ªfrom smart industrial equipment to autonomous cars¡ªglobal manufacturers rely on PLM systems to manage product lifecycle. However, the survey revealed that only 37 percent of respondents were satisfied with their PLM deployments, and only 54 percent believe PLM helps them achieve their goals¡ªlargely because they are underutilizing the software:
  • Systems engineering should be a core use case for PLM ¨C but only 19 percent use PLM for systems engineering
  • Configuration management and change management are central tenets of PLM functionality ¨C but only 42 percent of organizations are using PLM in this manner
  • PLM must encompass multiple design disciplines and domains ¨C but only 51 percent of respondents are able to use PLM to collaborate across functions, suggesting that product data is siloed or housed in non-product development systems
  • Most PLM system vendors are primarily providers of CAD tools ¨C but only 31 percent of respondents use PLM for MCAD/ECAD data

¡°An effective PLM system is not only essential for any company manufacturing smart, connected products, it is a critical foundation for their future innovation,¡± said Peter Schroer, CEO of Aras. ¡°Manufacturers need to transform their product processes to unlock opportunities with Digital Thread and Digital Twin. They can¡¯t get there with disconnected processes, silos of data, and overuse of Excel. They require a digital transformation platform approach to PLM that enables flexibility, includes users across the extended enterprise, and is easily upgradable as processes and functionality evolve.¡±