Connected products propelled by the Internet of Things (IoT) platforms are no longer an emerging trend but have started making inroads into all industries with footprints across the product lifecycle causing exponential increase in product complexity. Simultaneously, the product development and refresh cycles are also tightened to meet customer and market requirements. By virtue of the fast evolving digital enablers, the “Day in the life” of various stakeholders across the product lifecycle is about to encounter a paradigm transformation in the near future. However, there is a strong necessity to close the loop between R&D, simulation and test, and manufacturing in an integrated digital enterprise.
While technology companies are coming up with innovative tools and enablers to facilitate this transformation, the onus is on the manufacturers to ensure that the in-house processes are flexible and scalable to adapt to these changes. This transformational journey will have footprints in multiple layers of the organization. However, are all these requirements well defined? Are all organizations clear on the requirements? Does the imperatives vary across industries? How severe can be the consequence of maintaining fragmented process and disconnected functions? How will product configuration management and change management processes align to this transformation? There can be many more questions on similar lines. The event attempted to jointly navigate these avenues in a forum with deep and constructive insights from eminent thought leaders of the industry and leading manufacturing companies from across industries
TCS, in association with CIMdata and IPX, proudly invited participants to the Cross Industry Round Table on “Reimagining Product Lifecycle Management (PLM) for Digitized Connected Product Ecosystem”.
TCS has extensive experience in Enterprise Transformation Programs and has partnered with numerous manufacturing organizations in their journey. TCS believes in the power of synergy that can be derived from a constructive discussion on areas of mutual interest in an open forum with rich participation of manufacturing organizations from various sectors - Automotive, Aerospace, Industrial machinery, Tier X suppliers and so on.
CIMdata is an independent worldwide firm and provides strategic management consulting to maximize an enterprise’s ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM). The participation of CIMdata in the event ensured world-class knowledge, expertise, best-practice methods on PLM, and insights from leading practices in the industry on developing technology trends and adoptions.
Institute for Process Excellence (IpX, previously ICM) is best known for their founding "CMII" (CM2) certification program, which has been the global standard in enterprise configuration and change management since 1986. The participation of IpX in the event ensured deep understanding and experience in process definition, functional knowledge, insights on industry standards, and importance of operational excellence, improving culture and reshaping legacy business processes and systems.
This was complemented by TCS’ extensive experience and overview of enterprise transformation, technology expertise, and program management as traced along its global footprints across all realms of the manufacturing industry.
The enriching session explored areas of mutual interest with synergy drawn from the participation of cross-industry peer organizations. The open forum enabled the participants to table their points of interest and seek insights from the experts. The richness of content and collaboration assured to benefit everyone at the event.
For more details on the event proceedings, synopsis of keynote presentations, overview of demonstration and summary of panel discussions, refer the event report here
Following were the speakers at the event :
Global Practice Lead, New Product Innovation and Life Cycle Processes, TCS
Global Head, PLM Solutions, TCS
Thomas A. Gill
Practice Manager, PLM Enterprise Value & Integration, CIMdata Inc.
Vice President of Services, Institute for Process Excellence