PTC launches process framework linking PLM investments to business objectives
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Manufacturing News, Source : The Manufacturer US
Published : 30 Mar 2007 16:01
Needham, MA (March 29, 2007) — PTC today announced the availability of a comprehensive process framework that consists of industry-specific product development process landscapes. The intent of this framework is to help manufacturers in multiple industries understand the linkage between product development process improvements, PLM technology investments, and business value.
The central communication vehicle for the process framework is the new PTC Value Roadmap, a fully configurable, interactive software application that matches an organization’s unique goals with vertical industry best practices and delivers a dynamically created, customer-specific report.
Currently, PTC has created seven industry/audience-specific process landscapes, with plans for two more in the coming months. Each of the seven process landscapes incorporates between 11 and 24 critical product development processes. These detailed process landscapes contain comprehensive information about typical product development processes, including a model used to indicate a company’s current level of maturity for a given process as well as the targeted maturity level they would like to achieve.
“Aligning technology investments to best practices and process improvements is a key strategic focus for our customers,” said Jim Heppelmann, executive vice president and chief product officer, PTC. “We have developed this comprehensive set of process-oriented information, inter-relational value drivers, and a complex configuration tool as the result of years of research. Technology investments represent potential value to a customer; however, we have found that customers who properly align process and technology optimization can more readily realize that value and achieve significant competitive differentiation and industry leadership.”
Interactive demonstrations and consultation sessions are currently available for product development practitioners to learn more about the Value Roadmap at the company’s website.
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