Global competition, including low-cost providers, makes it hard to compete in today’s manufacturing market. It’s basically impossible to compete on pricing when your competitors come from geographic regions with disproportionately low employment costs, among many other geographic advantages. This situation places today’s manufacturers under pressure to find new areas of differentiation, such as higher quality products, more personalization, improved services, greater innovation, and lower cost of ownership.
To do this, you have to improve efficiency, catch problems sooner, and make better decisions to keep product development costs low and increase the quality of your final products. Your teams have to be agile enough to quickly respond to shifts in the market and ever-changing customer demands. Products have to go-to-market fast to maximize your window of opportunity before other low-cost manufacturers can undercut your prices with competing offerings.
Consequently, product design has become a huge part of product creation and maintenance, so much that software is now an essential asset to any new project.
Unlocking the Value of Digitalization
Efficiencies achieved through software and digitalization accelerate your development process and improve quality by creating a digital thread across the entire product development cycle. This ensures all information stays up to date, changes are propagated on the fly, and risk of error is reduced.
However, it can be hard to know where to start your digital transformation, especially for a small or mid-size company. Smaller companies share many of the same challenges as large enterprises, but they are often working with fewer resources. The right software solution can help, but it must have the right capabilities, at an affordable price that is manageable for you.
With these goals in mind, the big question is: how do you choose the right solution to support your product lifecycle? We’re right here to help you make tough decisions.
Selecting the Right Product Design Solution
Software tools fill different needs and facilitate the best and most efficient work deliveries, be it mechanical design, electrical/electronic design, simulation, manufacturing, technical publications, or design data management.
With so much to consider, how do you choose the right software solution to support your product lifecycle? In this comprehensive buyer’s guide from industry analyst Tech-Clarity, you will find a resource to help you pick a solution that is right for you.
To help you pick the right software solution, Tech-Clarity has divided into four categories everything you need to consider for a fully integrated product development software solution. The four categories are:
- Software functionality
- Service requirements
- Vendor attributes
- Unique company considerations
Each section includes a checklist of key requirements that you should investigate when selecting software tools, based on independent industry research, interviews conducted with real manufacturing companies, and expert guidance.
The guide also includes in-depth recommendations on Mechanical Design, Electrical and Electronic Design, Simulation, Manufacturing, Technical Publications, and Design Data Management, covering the requirements for selecting a complete product development software solution.
Pick a solution that’s right for you. Download the Tech-Clarity buyer’s guide.