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May 21, 2010
CIMdata PLM Industry Summary
News and Information on Product Lifecycle Management
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This Week from CIMdata
Siemens PLM Software Unveils Technology Framework to Reinvent Product Lifecycle Decision Making
Siemens PLM Software announced the High Definition PLM (HD-PLM) technology framework, which will enable decision makers throughout the product lifecycle to make better ...PLM News: Contents
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Company News
- Bentley Institute's New 'Learning Qualification' Program Helps Users Gain Recognition for Professional Development
- Expanded Global Strategic Alliance Includes Reseller Agreement and Integration of EMC Technologies With SAP Software
- Open Text, In Partnership with SAP, Delivers Breakthrough Results for Customers
- Open Text Awarded 2010 SAP(R) Pinnacle Award
- SAP Equips Partners With Tools and Engagement Support for SAP Business ByDesign On-Demand Partner Ecosystem to Help Customers Gain Additional Features, Functions and Services
- Swedish Company - Eurostep wins Logica’s Global Innovation Venture Partner Programme 2010
- Think3 Launches the PDP Certified Consultant and Service Provider Program
- WorkNC and WorkNC®Dental Get New Resellers in Europe
Events News
- Aras PLM Software Community Event Draws Global Companies and International Attendees
- Bentley Users Give Thumbs Up to V8i Updates for MicroStation, ProjectWise, and Navigator During Test Drives at 'Be Together Conference'
- Cimatron Reveals Micro-Milling Secrets at Medical Industry Manufacturing Seminar
- CimatronE Enhancements for 5-Axis Milling to be Showcased at EASTEC
- CoCreate Modeling: Conceptual Design and Beyond Live Webinar
- Delcam to Show Orthotic and Orthopaedic Software at Foothealth
- Delcam to Support DMG/Mori Seiki Innovation Days
- Delcam’s Complete CAM Range on Show in Vietnam
- Gerber Technology to Showcase Innovation at SPESA EXPO 2010
- Intergraph® 2010 to be Held Aug. 30-Sept. 2 in Las Vegas
- Lectra Presents the New V2R2 Version of Lectra Fashion PLM at SPESA Expo 2010
- ProSTEP iViP Symposium 2010 with Full Speed Ahead
Financial News
- Autodesk Reports Strong Financial Results in First Quarter Fiscal 2011
- Avatech Third Quarter Financials Report Strong Growth in Revenues and Bottom Line
- Bentley Publishes May 2010 Annual Report
- HP Reports Second Quarter 2010 Results
- Mentor Graphics Corporation to Release Fiscal Q1 2011 Financial Results May 28, 2010
- Synopsys Posts Financial Results for Second Quarter Fiscal Year 2010
Implementation Investments
- Afton Chemical Sparks “Passion for Solutions” with Sopheon’s Idea Lab™
- Apache Design Solution’s Power and Noise Products Adopted by MoSys for IP Validation and Sign-offs
- Delcam CADCAM Aids Diversification at Cimarron
- IFS Applications Selected by Leading European Food and Beverage Company
- Knoxville Utilities Board Upgrades Infrastructure with Intergraph Smart Grid Technology
- Magma's Titan Mixed-Signal Platform Supports TSMC's 65- and 40-nm Interoperable Process Design Kits (iPDKs)
- Manufacturing SMBs Select RapidStart PLM From Omnify Software
- MSC.Software Partners With École Polytechnique to Develop a Spine Surgery Simulator to Correct Scoliosis
- Poznan Municipal Transport Company to Improve Efficiency and Profitability with IFS Applications
- Sescoi Consultancy Enables WorkNC Feature Recognition to Speed up Hole Programming by 90% at Walker Tool and Die
- SolidWorks Helps Ohio State Students Focus on Creativity and Innovation
Product News
- Affordable New Software Subscription for Structural Engineers Enables Upgrade to Information-Modeling Level of Practice for Plant Design
- Agilent Technologies’ Latest 3D EM Simulation Software Accelerates High-Frequency, High-Speed Design
- Gerber Technology Raises the Bar for PLM Innovation with YuniquePLM™ 3.0
- Lattice Technology Releases XVL Kernel ver. 7.2
- Magma Launches Titan ALX and Titan AVP - Dramatic Layout Productivity Improvement for Analog/Mixed-Signal Designs
- Mentor Graphics and NetLogic Microsystems Establish Strategic Multi-Core Collaboration for Embedded Linux
- Mentor Graphics Announces New FPGA Synthesis Innovation in Precision Synthesis 2010a Release
- PLMplus Announces Launch of Beta Product for Medical Device Manufacturers
- Purple Platypus Launches the First Fully-Assembled, Color 3-Dimensional Printer Priced Under $4,000
- Siemens PLM Software Redefines CAD/CAM/CAE Productivity and Product Development Decision Support with NX 7 Software
- Vero USA Announces the Release of VISI 18
- Vision 2000 International Releases New Version Of VisualPLM.net
CIMdata Online Polls
CIMdata is now featuring online polls with real time reporting on our web site at http://www.cimdata.com/polls/polls.html. Each week the results of the previous poll will be included in the CIMdata PLM Industry Summary to help you stay on top of trends in the PLM industry.
Take a moment to visit the site and vote on our current poll.
The results for the last opinion poll are:
In CIMdata’s latest opinion poll, participants were asked to indicate how PLM can best help them cope with economic downturns. Just over one-third (36%) of the poll participants indicated that PLM can be used to help enable fewer resources to do more, and just under one-third (30%) indicated that PLM can help reduce the cost of development. In many ways, these two choices go hand-in-hand. During recessions, companies often downsize to cut costs, but still expect the same work to be accomplished. As a result, they often require those who are left to do more. In reality, for many companies this is usually difficult to accomplish (i.e., to produce the same work product with less people). This is especially the case when many of the people let go in a recession are those that are close to retirement and hold a significant amount of corporate, product, and process knowledge.
The economic downturn that much of the world is currently experiencing has caused many companies to thin their resources across the board. Often, the first to go are their support staff, e.g., information technology (IT), administrative assistance, etc. Typically, companies then look to thin staff numbers by offering early retirement packages. Unfortunately, this usually results in a significant loss of knowledge. CIMdata’s experience actually indicates that this often results in the loss of domain expertise that can take years to learn and recapture into the organization. Unfortunately, cutting staff can only do so much—product and process innovation and the knowledge associated with it will still be critical in the years to come. Fundamentally, the short-term gain in the reduction of costs can be far outweighed by the long-term loss in productivity and perhaps even an increase in product issues that result from the loss of key knowledge.
It is clear from this opinion poll that the participants understand that PLM can be used as a way to help reduce costs as well as increase productivity. For those that understand how PLM can be used as a process-enabler and as a knowledge management solution, this should be of no surprise. What is surprising is that 10% of those who responded to the opinion poll indicated that they felt that PLM could not help them cope with economic downturns. This is somewhat disappointing given all the documented PLM benefit examples and implementation case studies that can be found on vendor websites, in conference presentations, and even on CIMdata’s site. Clearly, this indicates that more PLM awareness is required in the market.
NOTE: The results of these polls are anecdotal, not scientific.
If you have a suggestion for a poll you'd like to see contact us at info@cimdata.com.
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