The Third Industrial Revolution Is Data Management
June 5, 2012
In the manufacturing race there is only so much companies can do to gain a competitive edge when it comes to technology. At least that is the premise under which PTC President and CEO, Jim Heppelmann, made his assertion that a ‘third industrial revolution’ is underway as reported in the Market Watch article, “PTC CEO Jim Heppelmann Declares New Era of Manufacturing Competitiveness Driven By Product and Service Advantage”.
According to the article Heppelmann’s vision of the new order of manufacturing includes:
“Fundamentally, PTC technology solutions transform the way companies create and service products by enabling them to make better, smarter, faster strategy and planning decisions. These decisions relate to how products are designed and engineered, how a supply chain is optimized, how quality and compliance is assured throughout the manufacturing process and, ultimately, how service is efficiently delivered against a product once sold.”
Another word for all this transforming and smarter decision making capabilities is data management (okay – two words). The PLM provider Inforbix has long understood the role of data management in PLM processes and has long strived to enable their clients to find, share and reuse data to accomplish everything Heppelmann sees as the future.
Catherine Lamsfuss, June 5, 2012