023: Keeping Up With PLM’s Rapid Pace of Change

Oct 23, 2019

Digital Enterprise Society is the authority on the transformation to a digital enterprise, impacting all areas of an organization. Tune in for discussions among industry leaders about operations and action needed to drive digitization principles forward for the future of product development and life cycles. 

 

On this episode, Thom Singer and Craig Brown welcome Peter Bilello, CEO and president of CIMdata, a PLM strategic management consulting firm.  Peter has seen the increasing rate of change in the digital world over the last 20 years, and he shares insights into both the past and the future of PLM.  He recognizes the expanding need for PLM in every industry and shares ways to effectively set yourself and your company apart as digital industry leaders. Because there will always be a demand for cheaper, faster, and higher quality design, Peter lists specific ways that you can enhance your career by keeping up with the ever-changing and increasing pace of change within the PLM space. 

 

On today’s podcast, you will learn:

 

The current status and the future of PLM

• PLM continues to evolve, but processes aren’t always updated to reflect current capabilities.

• Computer analytics are capable of more than ever, but are companies keeping up with the rate of change? 
• Comprehension of new PLM terms such as ‘digital twin’ and ‘augmented reality’ requires an understanding of the foundation of data and process management. 

 

How to be an industry leader instead of a follower

• Early adoption of PLM is a critical component of success. 
• Mastering current technology and tools sets new companies apart from older ones.
• Companies will best succeed by staying ahead of current digital trends such as AI and digital twin without limiting human innovation. 

 

How to grow a career that keeps up with PLM’s pace of change

• There will always be a need for better design because consumers will always want higher quality, faster results and lower prices. 
• Expand your skills and knowledge to maximize your place in the bigger PLM picture.
• Take advantage of training and networking opportunities to increase your marketable value.
• Identify and utilize mentors to learn as much as you can within your industry.

 

Continue the conversation with us within the Digital Enterprise Society Community at www.DigitalEnterpriseSociety.org.

 

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Today’s podcast is brought to you by The Digital Enterprise Society.