It can take thousands – perhaps millions – of decisions to create a great product. Not just the big milestone decisions, but all the small decisions that lead up to them. Anyone in your extended enterprise can make a decision at any time that makes a difference in a product’s success or failure.
Add to this the complexity of your products. As technology becomes more sophisticated, electronic and software components are just as essential as mechanical parts. Yet, the interfaces between components are all too often overlooked until late in the development process.
You may need to factor in best practices and formulas, and no matter what business you’re in, you must also consider regulatory requirements, environmental impact, cost and quality as you take a new product to market.
Product lifecycle management (PLM) can bring together all the product information and processes you need in one centralized system. You can take a systems-driven approach to product development to unify your product lifecycle. With PLM, you can weave a digital thread through ideation, realization and utilization. Teamcenter® software from Siemens PLM Software is all about PLM, simplified.