The opportunities with new technologies seem endless! But the legacy often holds us back from capitalizing on those opportunities as we need to spend too much time and effort dealing with obsolescence.
For product OEMs and suppliers it is increasingly important to build upon existing product content to create their future. We must be able to add value through forward looking activities, with minimum constraints of legacy IT infrastructure and software. This is particularly true for asset-intensive industries like aerospace, automotive, defence, high-tech, energy, building and infrastructure. The growth of networked communities needed to support product evolution and lifecycles increases the challenges. Enterprises need to make data usable not just inside an organization but for entire value networks.
Newcomers in any industry do not carry the burden of legacy and the related costs. This lack of legacy gives them greater opportunity to be disruptive than established enterprises. Successful enterprises will master their future but also know their way to navigate obsolescence and leverage legacy to competitive advantage.
Platform, foundation, architecture, change, engagement, people, process, certification, services, interfaces, networks, sharing and obsolescence management – are all important for PLM. So is openness and standards “Successful companies compete with content, not interfaces and data formats”. Another issue discussed at PDT Europe 2015 and that impacts an organization’s PLM roadmap is: “Who actually owns your product data”.
PDT Europe 2016 will look into PLM future including all the promising technologies as well as legacy management. We will discuss the roles of users, vendors and services companies involved with PLM.
PDT Europe 2016 is about sharing ideas and experience on the theme:
PLM challenge – Investing for the future while managing product data legacy and obsolescence