Startups are brutal. According to multiple statistics from Forbes, CB Insight, and other sources, 90% to 97% of startups will fail, and the remaining 70% will not survive more than 5 years. Among the top reasons startups fail are lack of market, running out of cash, team failure, competition, business…
Summer is here with a bit of relaxing August time. But we all know what is coming later – the end of Q3 and Q4 with the end-of-year sales rallies. I can see this time is usually filled with very high sales and implementation activities in PLM projects. Today, I…
With the advance of modern digital tools, organizations are looking at how to transform their activities. For most companies, it starts from reviewing their traditional document-oriented processes and the introduction of new digital tools. The trend is broad and it is obvious for most organizations these days that digital transformation…
New product development is an essential part of innovation. Every day, engineering and manufacturing organizations across the world are challenged with the goal of developing new products. It happens in new product hardware startups and large enterprise organizations. How to help these organizations to achieve long-term success? According to a…
JIRA software, developed by Atlassian, is a widely recognized tool used for software development teams for bug tracking, issue tracking, and project management. According to the 6sense article, JIRA has a whooping 86% market share in its category, which is super interesting. To me, it raises many questions about key…
For years, manufacturing companies managed the division of two disciplines PLM and ERP in a very simplistic way – PLM for engineering, and ERP for manufacturing. The division represented the natural forces of two vendors. PLM’s roots were in CAD, design, and engineering, and ERP’s roots in MRP, and procurement…
What is PLM? This question is accompany the product lifecycle management business for the last 20+ years. Started as a solution to manage CAD files, PLM has strong engineering roots and for many years was considered a pure engineering system. Check CIMdata reports from my last trip to CIMdata Industry…
Product Lifecycle Management (PLM) is a transformative approach that, if implemented properly, can provide immense value to any engineering team or an entire manufacturing company. However, despite its potential, many companies are still facing significant challenges in adopting this comprehensive solution. Working with many customers of any size from small…
