Investing in PLM Is No Longer an Option

Investing in PLM Is No Longer an Option

“As it stands, companies are missing the opportunity for an $8B bottom line impact.  PLM investments could generate up to 50 percent higher returns if companies apply a sharper prioritization toward digitalization and pursue PLM programs as a means for true transformation.”  We talk with 10s of companies per week.  And the recurring theme is the same.  Companies continue to use emails, spreadsheets, and unstructured file folders ...

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An Interview with Mark Keenan, President of Technicon: Discussing Bill of Material Configuration and CPQ

An Interview with Mark Keenan, President of Technicon: Discussing Bill of Material Configuration and CPQ

About sixteen years ago, I joined Technicon.  At that time, we came out with one of the leading CPQ products for large manufacturers in North America.  My background revolved around some of the aspects that can be associated with CPQ such as CAD and mechanical engineering.  By selling Intel products, I also got a good feel for the complexities and issues in generating quotes and the proposal process for manufacturers.  Since then, for the last sixteen years, we have been deploying systems for very large manufacturers in North America.  Companies like Eaton, Borg Warner and Phillips are Technicon customers.  Today, Technicon is a leading CPQ provider in North America. 

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Model-Based Definition

Model-Based Definition

The stakeholders of PLM systems expect accurate product documentation.  Such is not always reality.  The dire results of inaccurate product documentation can affect all levels of stakeholders’ activity: strategic, tactical and operational, and maybe all levels at once.  Excessive scrap and rework may trigger excessive costs and delayed shipments. Perhaps, even loss of customers.  Fortunately, in the realm of 3D CAD models and 2D drawings, Model-Based Definition (MBD) is an evolving solution for generating information that is clear, unambiguous and repeatable for all stakeholders in a single source over the lifecycle of a product.

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Component Engineering Insights

Component Engineering Insights

I’m a mechanical engineer by education, and I have pretty much been in PLM and the enterprise software space for my whole career.  I started in services with SDRC Metaphase and then moved to Aspect Development/i2 in their supplier relationship management area. I gained great experience in both services and presales working with utility companies, high-tech, apparel, retail, industrial and the auto industry.  Before joining Aras, I spent a number of years at Siemens PLM working with Teamcenter. 

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