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

Intertwined trends and the future of PLM

Intertwined trends and the future of PLM
Oleg
Oleg
26 October, 2017 | 3 min for reading

Digital transformation and innovation are among  the most powerful trends you can hear these days. The traditional three letter acronyms such as PLM are pushed aside and new buzzwords are coming into PLM ecosystem. In such a way Innovation Platform is the way to transform traditional PLM systems. Check one of my previous articles – The best PLM for product innovation platform.

Last year, CIMdata introduced a diagram explaining Innovation platform in a way to multi-disciplinary lifecycle optimization.

Some vendors even created matching scores for PLM innovation platforms. Check one for Aras here. Some quite simple – next step in PLM development is Innovation platform.

Well… not that simple. New trend is coming – Digital Transformation and Digitalization. Now, you think how is that connected to PLM. And interesting enough, digital transformation is next step in PLM evolution. Another side from CIMdata speaks exactly about that.

Digital transformation vs Innovation platform. Are those competing trends? What manufacturing companies should do? To make it even more complex, let’s take a look on a recent publication about corporate innovation and digital transformation. Here is a passage I captured:

Innovation is the Sixth Stage of Digital Transformation. Corporate innovation is vital to uncovering new means and opportunities to better compete. Over the years, I documented the evolution of businesses as digital transformation efforts take shape. In 2016, I introduced the “Six Stages of Digital Transformation” as a maturity model for companies to benchmark their investments and progress against other organizations. The sixth stage of digital transformation is “Innovative and Adaptive.” To get there requires that companies explore the innovation landscape and learn how to be innovative.

It made me think that trends loop back. While Digital Transformation is the next step in PLM development and PLM key role is support innovation and to become innovation platform, it comes back to be a sixth stage of digital transformation. To make it even more dramatic, you can learn that culture is an ally or foe of innovation.

Culture is an Ally or Foe of Innovation. You can’t compete for the future if you don’t invest in the present. One of the challenges in corporate innovation is that executives believe that their organizations are perhaps more innovative than they really are. In a recent research project with CapGemini, “The Digital Culture Gap,” we learned that 75% of senior executives believe their organizations have a culture of innovation, but only 37% of employees feel the same. We also found that only 7% of organizations can test, learn and deploy new ideas rapidly. Company cultures continue as a top impediment to change; affecting support for digital transformation initiatives on all fronts. This year, culture was tied with lack of budget as the third greatest challenge at 30.5%. Our 2014 research showed corporate culture as the top challenge, with 63% of respondents saying it was “very important” and 34% stating it was “somewhat important” to facilitating progress.

Culture gap takes us back to one of the core problems of PLM implementation – people and culture. So many PLM implementations stuck in their business transformation and implementation roadmaps because of people their problems.

What is my conclusion? Too many intertwined trends and dependencies to explain the future of PLM. Nothing wrong with trends, but I found the future of PLM very uncertain between digital transformation, digital twin, innovation platforms and people. Is it a time to take a deep breath and start to simplify things by rationalizing data structures, connecting systems and streamlining communication. It can create a simpler model and systems that can help people to manufacturing better products faster. Just my thoughts…

Best, Oleg

Want to learn more about PLM? Check out my new PLM Book website.

Disclaimer: I’m co-founder and CEO of OpenBOM developing cloud based bill of materials and inventory management tool for manufacturing companies, hardware startups and supply chain. My opinion can be unintentionally biased.

Recent Posts

Also on BeyondPLM

4 6
7 November, 2016

CMS wire blog article written by David Roe brought news about Microsoft Power Apps. Navigate here to read more. Power Apps...

6 January, 2009

I think that staying in contact with your customers is the number one goal for all organizations today. And this...

20 September, 2017

I spend last 3 days with a very interesting group of industrial companies attending IpX 2017: Integrated Process Excellence Symposium...

18 September, 2023

Digital transformation has unfurled a new chapter for the world of manufacturing and product lifecycle management (PLM). This seismic shift,...

16 December, 2014

My post few days about PLM software replacement cycle turned into discussion about the way companies are implementing and maintaining PLM...

28 May, 2009

After starting a massive Excel discussion last week and continuing this week, I got a lot of comments that I...

24 July, 2013

Experience is a new modern hype. You can see it everywhere these days. User experience, selling experience, learning experience, total...

4 April, 2011

I’ve been reading information stream from Autodesk Manufacturing Press Day 2011, which happened last week in Lake Oswgo, Oregon. My...

30 December, 2016

Few days ago, I my attention was caught by Allan Behrens’ tweet  with a very provoking question about what changed...

Blogroll

To the top