Over the past several decades, processes to design and build cars, airplanes, and other products have typically followed a linear, sequential path. But the inefficient flow of information has frequently led to delays in product delivery. To remedy the situation, product development groups are shifting to a more holistic digital mindset using digital business models, processes, and tools. By embracing digital like never before, product developers can become fully integrated digital businesses and, therefore, well positioned to be more competitive.
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PLM, product lifecycle management, digital PLM, digital PLM process, digital product model, digital PLM manufacturing model, digital PLM tools, digital PLM elements, Ajay Chavali, Kevin Prendeville, Accenture