With the discontinuation of support for many legacy Product Lifecycle Management (PLM) systems, it’s time for manufacturers to modernize their techniques and improve their approach with an innovation platform.
Today’s competitive landscape requires agility, innovation, and resilience, and transitioning to an innovation platform can provide these qualities. This blog will discuss the unique challenges of high-tech companies, the importance of innovation, and how transitioning to a modern innovation platform like the 3DEXPERIENCE by Dassault Systems can help businesses advance their PLM system for strategic advantage.
The Unique Challenges for High-Tech
High-tech products often involve complex combinations of cloud, embedded, and firmware systems, making efficient collaboration and data sharing crucial for ensuring quality and compliance. Adding to the complexity, development teams often work in distributed environments, which can exacerbate collaboration challenges. As product capabilities and market opportunities grow, high-tech companies must innovate quickly and sustainably to maintain their competitive edge. This is where a modern innovation platform can make a significant difference.
The Importance of Innovation
Innovation is the core driver of business growth and must be continuous, repeatable, and fast. Companies must move beyond efficiency and focus on collaboration and a data-centric approach to drive innovation.
Collaboration is essential for fostering innovation, as it involves a multi-disciplinary approach that combines all product perspectives. To eliminate operational silos, businesses must extend their innovation processes to marketing, suppliers, customers, and others who can provide input or validation.
Furthermore, a data-centric approach is necessary for sustained innovation. Companies must connect and leverage product and business data, effectively capturing this information with the openness to incorporate various design tools and enterprise systems into the innovation process. Leveraging advanced technologies like Artificial Intelligence (AI) and Machine Learning (ML) can provide insights and uncover new opportunities from the market, customer, product, and other data sources.
The Need for a Modern Innovation Platform
While traditional PLM systems have helped drive efficiency and quality, today’s market demands more innovative products and business practices. Moving from a conventional PLM system to an innovation platform can evaluate your company’s capabilities and differentiate you from the competition.
The 3DEXPERIENCE Platform by Dassault Systemes
Dassault Systemes, a product development, and engineering solutions leader has developed the 3DEXPERIENCE platform, a single, integrated product innovation platform that delivers comprehensive PLM capabilities and more. This platform supports products, processes, a business innovation, enabling higher levels of creativity across entire value networks.
Key Features of the 3DEXPERIENCE Platform
The 3DEXPERIENCE platform offers a fully integrated environment for efficient and transformative operations. It connects people, ideas, and data in ways that enable seamless collaboration and foster sustainable innovation. The platform’s standard user interface and data model allow users to navigate and interact with up-to-date information using task-based dashboards and role-specific apps.
The 3DEXPERIENCE platform breaks down silos among design, engineering, testing, and manufacturing by providing a secure, common infrastructure with advanced 3D modeling, simulation, data science, and collaboration capabilities. It is a business platform that brings company-wide transformation across applications, departments, and business processes.
Flexibility and Openness
The 3DEXPERIENCE platform is designed as an open, flexible environment supporting your business and how you work. It can be leveraged on-premise, in a SaaS environment, in a private or public cloud, or hybrid model, providing optimized performance for your global operations. The platform’s openness allows you to connect to other essential business applications, such as ERP, supporting continuous innovation and operational excellence. It also enables multi-CAD product definitions, allowing engineers and suppliers to work with their preferred design tools in a holistic, collaborative digital thread. This connectivity bridges the gap between your enterprise and the value chain using the universal language of 3D without the need for additional CAD licenses. These capabilities help you quickly transition from your existing PLM system while providing unique opportunities for more excellent value over time.
As manufacturers face the need to move away from legacy PLM systems, the transition presents a strategic opportunity to modernize and improve their approach to innovation. Adopting a modern innovation platform, such as the 3DEXPERIENCE platform by Dassault Systemes, can provide a comprehensive, flexible, and open environment for driving innovation, breaking down operational silos, and fostering collaboration across the entire value chain.
Embracing an innovation platform can help businesses stay competitive in today’s rapidly changing market, providing them with the tools necessary to deliver continuous innovation, adapt to market conditions more effectively, and ultimately achieve a strategic advantage over their competitors.