Industry Trends
The world we know is changing at an exponential rate: thanks to the advent of technology, manufacturers are producing products of varying size, color, material and use to satiate ever-changing consumer demands. This evolving product complexity has placed great strain on machine builders, who must engineer flexible and agile machines to meet constantly changing customer requirements all while staying competitive against low-cost, global competitors. In the face of this competition, many machine builders face immense pressure to reduce margins and overdeliver on projects just to stay afloat, jeopardizing their business’s longevity and deflating staff morale, who may seek employment elsewhere.
To overcome product complexity, meet customer requirements, outpace global competition, increase profitability and retain the best employees, machine builders need to adopt a culture of change. This culture of change begins with digitalization. By adopting cloud-based technological solutions, machine builders can track and manage complex customer requirements with ease; they can surmount any change requests; and they can reuse data across similar projects to bring machines to market faster. Through these changes, machine builders can realize greater time, cost and resource-savings.
Our cloud-based Product Lifecycle Management (PLM) for Machine Builders provides the end-to-end tools that organizations need to digitally transform and optimize their operations.
