Campbell's Soup I Full Suite (Andy Warhol, 1968)

SAP Hybris: IoT and Machine Learning in The Retail Supply Chain

By | AI and Machine Learning, Internet of Things | One Comment

The World is Drowning in Data

The business world is drowning in data. And much of this data is generated, consumed, and managed by SAP enterprise software systems.

At the recent SAP Hybris Global Summit in Barcelona, SAP described how 76% of enterprise data worldwide flows through data pipes and databases managed by SAP enterprise software systems. According to SAP, its top 10 customers drive more revenue from these data systems than IBM and Oracle Demantra software combined

One of the clichés often heard in big data analytics conferences is “data is the new fuel of the enterprise” (although I don’t think I heard it said in Barcelona). But how, exactly, can organizations handle the torrent of data from the vast array of new and traditional sources remains a challenge. How to convert voluminous structured and unstructured data into business fuel that drives high-fidelity decisions and better business outcomes is quite murky and elusive.

SAP Hybris believes it has the answer. Read More

Ranking The PLM Vendors

By | PLM | 3 Comments

Aras PLM is Challenging the Hegemony of Established PLM Software Vendors

A recent Forrester Wave Report, ranking product lifecycle management (PLM) vendors for discrete product manufacturers. As is typically the response to this type of analyst reports, the report generated multiple responses from participating vendors and industry analysts.

I always find analyst reports such as Forrester’s Wave, Gartner’s Magic Quadrant and IDC’s Marketscape, interesting, but difficult to decipher and reconcile, especially when they include rankings based on vague and highly subjective metrics such as “vision” and “cool.” Read More

Claude Monet Lisant (Pierre-August Renoir, 1872)

Billionaires Do Not Read the News

By | Automotive | 2 Comments

New Dyson Electric Car Will Feature ‘Some’ Autonomous Technology

According to an article in Auto Express, famed vacuum cleaner manufacturer Dyson will build an extended-range electric car. Sir James Dyson confirmed that he is investing two billion pounds in the electric car venture in 2020 at a new campus on an abandoned World War Two airfield in Wiltshire. The new car will use Dyson’s solid-state battery technology and will feature ‘some’ autonomous technology.

Dyson told Auto Express that he has had a vision for an electric car for almost 20 years, and that his company will “go it alone” on developing the new vehicle, because he sees nothing that existing car manufacturers could bring to the process.

Sounds familiar?

Do Billionaires Not Read the News?

Read More

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PLM as an Innovation Platform

By | PLM | No Comments

The Promise of PLM

A recent discussion titled Dassault Systèmes Bets Big on a Product Innovation Platform argues that the role of a PLM platform is to bundle different data sources and enable smooth data exchange among tools, processes and users. While not incorrect, this view is potentially limiting.

File and data interoperability, single source of (electrical/mechanical/software) truth, hardware/software development synchronization, and similar notions have been the core principles of PLM for quite some time; some, in fact, for a very long time. How well PLM vendors achieve these goals is a topic for a separate conversation. Read More

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Caterpillar: Smart Iron Delivers Customer Value

By | Automotive, Telematics | No Comments

From Product Promise of the Past to the Promise of the Future

In the pre-digital revolution economy, products were defined by features and technical specifications that product marketers and designers believed were important to customers. Product companies enumerate technical specification and delineated contract terms to which they promised to adhere.

In the digital era, the product promise of the past is quickly transforming into the product promise of the future, in which the competitive edge is achieved not by technical specifications but rather by the ability to help customers realize meaningful business outcomes.

The key to success in the era of the pervasive digitalization and ubiquitous connectivity the of the Industrial Internet of Things is to shift the product strategy away from tightly controlling products and supply chains, and waging price wars aimlessly and in vain, to focusing on delivering and measuring customer value. Product thinking must shift from inside the company to customer value and a dynamic, interconnected, and collaborative ecosystem that continually aligns and realigns itself around worthy innovation

In my book The Outcome Economy: How the Industrial Internet of Things is Transforming Every Business I pose a challenge to industrial manufacturing companies: “The question that remains is: will your organization be a leader in pursuing the promise of the future, or be a footnote in the annals of the past?”

One company that is at the forefront of realizing the product promise of the future is industrial equipment manufacturing giant Caterpillar. Read More