A blog by Oleg Shilovitsky
Information & Comments about Engineering and Manufacturing Software

PLM and industrial internet trend

PLM and industrial internet trend
Oleg
Oleg
10 January, 2014 | 2 min for reading

industrial-internet-plm

Management of product data was always a first and most important imperative for PLM solutions. Depends on vendor strategy and various historical reasons, vendors are focusing on different dimensions of data – CAD design, bill of materials, manufacturing data, supply chain, etc. Regardless on the priority and marketing differentiation, any PLM solution today is trying to cover all data dimensions I  mentioned above.

The ease and flexibility of  data management is what makes some PLM solutions shine better than others. At the end of the day, customers are expecting PLM solution to provide out-of-the-box yet flexible data model to support CAD, Bill of Material, Part, ECO, Simulation and sometimes other data as well. The last one (Simulation) was actually very challenging piece for PLM vendors. To manage significant amount of simulation data together with CAD and BOM data is not a simple tasks. Some vendors built simulation process management solutions  for that purpose.

However, PLM vendors might be caught by something unknown and unexpected. New tsunami of data is expected in manufacturing world. Yesterday, I was talking about IoT trend here. Earlier this morning I was drinking my coffee and skimming Manufacturing Trends to Watch in 2014 article. One of them, caught my attention – The ‘Industrial Internet’ Will Flourish. Here is the passage I specially liked:

If you think the data generated by today’s back office, MES, control, supply chain, and warehouse management systems is overwhelming, just wait. Increasingly, manufactured products from cars to airplane engines to medical devices are being outfitted with sensors and Internet connectivity that allow them to broadcast back to manufacturers information on things like how they’re being used and why they broke, and when they need to be serviced. In fact, it’s estimated that, by 2020, 40% of all data generated will come from such sensors. GE calls this trend the Industrial Internet and estimates that it will add between $10 trillion and $15 trillion to global GDP in coming years.

It made me think, PLM data architecture can be challenged by the wave of data that can be compared to Google and Facebook scale. To process, store, access and analyze this data will take time and resources. Traditional SQL databases will be probably not an ideal solution, which brings me back to my writeup about PLM and Data Management in 21st century.

What is my conclusion? The amount of data is growing exponentially. Soon we will be coming to Yottabytes of data. Industrial internet alert should be a wake-up call for many PLM vendors to think about future data architectures. Just my thoughts…

Best, Oleg

* image credit to trainordaviesdesign.com

Recent Posts

Also on BeyondPLM

4 6
17 September, 2022

Manufacturing companies today are under pressure to deliver high-quality products at a lower cost, and quickly adapt to changes in...

15 October, 2023

For the last decade manufacturing industry made a huge move in adoption of cloud technologies and cloud PLM. From almost...

11 June, 2015

  Version control is one of the most important function in PDM. Regardless on what type of data you are managing,...

20 June, 2012

IP Management. If you’re in PLM business most probably you had a chance to hear this term. Most of the...

10 May, 2012

Big. Bold. Boom! The one and the only SolidSmack is writing about PLM. Do you remember first SolidSmack mission statement?...

23 October, 2013

Technology space is good about inventing new jobs, titles and responsibilities. Until now, we knew about CEO, COO, CIO… The...

30 August, 2024

The shift to SaaS PLM is rapidly gaining traction in the manufacturing and engineering sectors. As companies move away from...

3 September, 2019

In the past few weeks, I found the topic of “PLM standards” came across multiple times. I brought the discussion...

23 September, 2022

Manufacturing companies are under pressure to adopt new technologies in order to remain competitive. As the world of product development...

Blogroll

To the top