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Product Innovation Platform Assessment CIMdata eBook Product Innovation Platform Assessment Aras PLM Platform Global Leaders in PLM Consulting www.CIMdata.com Key Takeaways Key Takeaways What You Need To Know Introduction End-to-End Lifecycle Support Takeaway #1 Excellent Product complexity has increased Availability Connection dramatically since the time when Product Innovation Very Good many companies deployed their Platform Drivers current PLM systems. Enterprise Infrastructure Good Gravity Utilization Platform Defined Fair Poor Takeaway #2 Upgradability Flow CIMdata has developed a set of PDM vs. Platform criteria that define the Product Innovation Platform needed to manage the end-to-end lifecycle of today’s smart, connected Platform Measurements Process & Knowledge Openness Management products—from concept through life. Aras & the PLM Platform Sustainabilty Data Management & Find Through-Life Configuration Management & Traceability Takeaway #3 Aras Differentiators Aras PLM Platform’s Scores on CIMdata’s Aras PLM Platform meets CIMdata’s Product Innovation Platform Assessment expectations for supporting the purpose of a Product Innovation The Path Forward Platform and ranks extremely high across CIMdata’s criteria. Conclusion 2 Introduction Key Takeaways CIMdata’s Assessment of the Aras PLM Platform Introduction CIMdata has received many inquiries from industrial companies and solution providers about Product Innovation Product Innovation Platforms. As Platform Drivers understanding and knowledge of the benefits of the Product Innovation Platform approach to Platform Defined enabling Product Lifecycle Management (PLM) grows, industrial companies want to ensure PDM vs. Platform that their PLM solutions can enable their future Product Innovation Platform. Additionally, solution providers want to understand how Platform Measurements well their technologies meet Product Innovation Platform requirements. Aras is one such Aras & the PLM Platform provider that believes their solution can satisfy Product Innovation Platform requirements and approached CIMdata to evaluate the Aras Differentiators Aras PLM Platform against CIMdata’s Product Innovation Platform definition. The Path Forward Conclusion 3 Product Innovation Platform Drivers Key Takeaways Key Drivers for a Platform Approach to Product Innovation Introduction Increased Product Complexity Failure of Legacy PLM calls the business of engineering and There are many examples of product Today’s reality is that most PLM recognizing the need to implement a Product Innovation Platform. Product Innovation complexity, but the biggest driver is implementations reviewed by Platform Drivers the inclusion of electronics and CIMdata have rarely gone beyond the In addition, manufacturers are software and network connections enablement of core product data recognizing the value of the digital into virtually every product. Smart, management (PDM) capabilities. The thread and the digital twin. The Platform Defined connected products, those with better implementations become a digital thread connects a product and embedded software that single source of truth for released its digital assets (i.e., parts, CAD communicate in real-time with server data and thereby provide significant models, documents, process plans, based backend applications in the value to organizations, but service manuals, etc.) over the PDM vs. Platform cloud are perhaps the most complex. unfortunately still do not achieve course of the product’s complete For example, today’s automobiles their full potential. In Table 1, the lifecycle while the digital twin refers have orders of magnitude more usual scope of traditional PDM to the digital representation of a Platform Measurements complexity, millions are produced implementations are compared to a specific real-world asset (e.g., an each year, and are operated by Product Innovation Platform’s intent aircraft, a specific railway locomotive, hundreds of millions of people every and support required. etc.) in-service in the field at a specific moment in time. Aras & the PLM Platform day. Managing product development, Digital Transformation Initiatives manufacturing, and after-sales As global competition continues to operations is already complex. Add to increase and multiple technologies that the rapid industry moves to Aras Differentiators such as social, mobile, analytics, autonomous connected vehicles and cloud, and IoT rapidly mature, an approach to PLM is required manufacturers are recognizing that beyond what has been typically they must undertake a digital The Path Forward offered by commercially available transformation, replacing manual and PLM solutions. spreadsheet-enabled processes and retiring legacy systems. Under this Conclusion initiative, forward-looking companies are taking a fresh look at what Aras 4 Platform Defined Key Takeaways Why is a Product Innovation Platform Necessary? Introduction The goal of a Product Innovation CIMdata has published a dossier on Platform is to connect all users and our website that contains reference their information in a single material and publications related to Product Innovation environment to cultivate continuous the Product Innovation Platform. Platform Drivers creativity, yielding improvements in products and processes, plus inspiring new and better ones Platform Defined throughout full lifecycles and across generations of products. The Product Innovation Platform is critical for PDM vs. Platform companies that design and deliver smart, connected, and innovative products. Platform Measurements A Product Innovation Platform spans the enterprise, to support all users across all functions and disciplines. The platform provides a Aras & the PLM Platform comprehensive set of heterogeneous process-enabling capabilities including platform-native Aras Differentiators applications which can be packaged and configured to establish and support standardized end-to-end business processes, and related data The Path Forward access. A Product Innovation Platform enables the creation of both the digital thread and the digital twin CIMdata’s Product Innovation Platform Conclusion . 5 PDM vs. Platform Key Takeaways The Expanded Scope of a Product Innovation Platform Drives Increased Capability Requirements Introduction Product Innovation Traditional PLM vs. Product Innovation Platform Platform Drivers Domain Traditional PLM Product Innovation Platform Platform Defined Lifecycle Scope Product Development Full product lifecycle Discipline Scope Primarily mechanical, electrical, and Systems—mechanical, electrical, software electronic, software, control systems, PDM vs. Platform manufacturing and service Information Some CAD, documents, parts, and All product items across all lifecycle Platform Measurements Scope BoMs disciplines Supply Chain Limited supplier involvement Full supply chain and customer support Scope Aras & the PLM Platform Aras Differentiators The Path Forward Conclusion 6 Platform Measurements Key Takeaways Strategic Imperatives Introduction Using research done over the last few years on PLM investment, Strategic sustainability and enterprise Imperative Definition Product Innovation application architecture Platform Drivers frameworks, CIMdata developed the Connection The platform’s ability to share & transact value. Product Innovation Platform Gravity The platform’s ability to attract participants, both assessment model. Our researchers producers (i.e., application builders) and consumers Platform Defined used their knowledge gained from (i.e., users). more than 30 years of PDM and PLM project support as well as input Flow The platform’s ability to foster the exchange and co- PDM vs. Platform from key CIMdata clients to creation of value. determine the key criteria. These criteria define not just the Openness The platform’s ability to provide unencumbered technology offered by a PLM vendor access to managed data and related services. Platform Measurements but also associated services and the overall business model. End-to-End Lifecycle A platform’s ability to support the full product and Support plant lifecycle, from concept through life. Supporting The most important criteria that Aras & the PLM Platform the entire extended enterprise, including all its define the Product Innovation engineering and non-engineering disciplines that Platform are the five Strategic create and/or use product data. Imperatives, shown in the Table to Aras Differentiators the right Connection, Gravity, and Flow are identified as the primary elements of a successful platform strategy in the seminal Harvard Business Review article The Path Forward “Three Elements of a Successful Platform Strategy.” CIMdata extended this generic platform definition with characteristics critical to the Product Innovation Platform definition by including “End-to-End lifecycle support” and “Openness.” Conclusion Mark Bonchek and Sangeet Paul Choudary. “Three Elements of a Successful Platform Strategy.” Harvard Business Review. Jan 31, 2013. 7 Platform Measurements Key Takeaways Foundational Characteristics Introduction The Foundational Characteristics shown in the table below are similar to more traditional measures of PLM with the proviso that they must meet the goals implied by the Strategic Imperatives defined earlier. Product Innovation Foundational Platform Drivers Characteristic Definition Data management & find The platform’s ability to manage and find data. Platform Defined Through-Life configuration The platform’s ability to manage a product’s configuration from concept management & traceability
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