In the good (?) old days of the industrial revolution, the drawing artefact carried the abstract product definition. The drawing was a physical and tangible thing, which made it easy to understand and manage mentally. The drawing represented the shape of the part/assembly, but not only that, all other properties as well. Many assembly drawings […]
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Key points: Meeting the challenges of the automotive industry with collaborative engineering data software Recent studies published by PwC and McKinsey put focus on the new challenges in the automotive industry. Over the last couple of years, we have seen big changes in how automotive companies collaborate and seek new ways to make business more
I copied the blog post title from an article by Bob Saada, a partner with PwC US based in New York and Benjamin Gomes-Casseres, a professor of business strategy at Brandeis University and author of Remix Strategy: The Three Laws of Business Combinations. It was published at www.strategy-business.com. In a very interesting article they state
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In our recent “Leveraging AI* for built asset Digital Twins – Turning scattered data into strategic assets” webinar, we emphasized the foundation formula (Jeffrey Ding & Allan Dafoe) for strategic asset management, ensuring the transformation of data into valuable strategic assets. This formula is a cornerstone of our approach to managing and leveraging data for
What data for Strategic Asset Management? Read More »
At Eurostep, our approach to data management underscores a critical distinction between big data and small data, each with its unique characteristics and applications. During our “Leveraging AI* for built asset Digital Twins – Turning scattered data into strategic assets” webinar, we delved into this differentiation, illustrating how our strategies effectively leverage both data types
Big Data vs. Small Data: Eurostep’s approach to Built Asset Digital Twins Read More »
Unlocking seamless integration and operational excellence through global standards in the process industry The digital age has ushered in countless opportunities for industries to innovate, optimize, and evolve. This is particularly evident in the process industry, where the flow of data across various stages can be a make-or-break factor in efficiency and productivity. The myriad
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Unlocking the future of sustainable business: How PLM fosters collaborative sustainability In an era where the climate crisis looms as an existential threat, businesses across industries are grappling with the complex challenge of transitioning to sustainability. One avenue that is increasingly gaining attention is collaborative sustainability—working together to break down barriers and accelerate progress towards
Unlocking collaborative sustainability through PLM platforms: A case for ShareAspace Read More »
Why effective engineering change management is crucial for modern businesses Engineering change management is no simple feat, especially when you consider the sheer number of variables, activities, and stakeholders involved. It involves a complex workflow of creating, reviewing, and obtaining formal approvals for various engineering changes. The process is crucial for ensuring product quality, minimizing
The ultimate guide to streamlining Engineering Change Management with PLM platforms Read More »
In today’s evolving business landscape, carve-outs have become a standard tool for companies looking to refine their focus and divest non-core assets or units. While carve-outs involve multiple complex processes like legal compliance, HR transition, and financial re-evaluation, effective data management stands out as a critical success factor. This article zeroes in on best practices
Introduction Product Lifecycle Management (PLM) is a complex process that becomes even more intricate when it involves various stakeholders like OEMs, suppliers, and design partners. As organizations move toward globally interconnected networks, the digital thread emerges as an indispensable tool in PLM collaboration. This article explores the role of a digital thread in enhancing PLM
The Role of a Digital Thread in PLM Collaboration: The backbone of global value networks Read More »