As businesses recognize the challenges of higher customer expectations and the need to become more agile, they are realizing they must change how they manage their data in the product development processes.
Leading companies are becoming impatient with outdated file-based CAD and PDM software that hurts worker productivity and restricts their ability to scale and grow the business. As a result, many are seeking streamlined access to data and actionable business insights provided by cloud-native solutions like the Onshape product development platform.
As the pace of business accelerates, timely access to data in the product development process has never been more important. From front-line engineers seeking the latest version of a design file to managers and executives requiring the right insight to optimize processes, data is emerging as the common denominator in achieving profitable growth.
Unfortunately, too many firms are encumbered by outdated software: file-based CAD and PDM systems that silo data, prevent collaboration by workers, and effectively hide time-sensitive insights that leaders need to make good decisions about their business.
Access to Data and Productivity
The accepted truth in business is that innovation is a precursor to growth.
An improved product design with better aesthetics and greater utility is often the best way for firms to win in the marketplace of ideas. As the engine of growth, the creators of new concepts – designers and engineers – must have access to the data they need to stay productive.
Unfortunately, all too often, instead of working on essential design and engineering challenges, these users waste valuable time on the hunt for data. A recent survey, The State of Product Development and Hardware Design 2021, revealed that 80% of designers and engineers say they are unable to access or locate the data they need.