In the last 15 years or so, Product LIfecycle Management (PLM) has gone from being misunderstood as an electronic version of the Bill of Materials (BOM), to providing manufacturing with a clear path to the digital twin and the Internet of Things.
If you think you are seeing a surge in business articles about “big data” — AKA business analytics — you would be right. Strong winds of technological change are blowing from four directions; one of them is business data analytics.
Imagine spending 2 hours a day at work just staring at the wall. That sounds crazy, and would be a terrible waste of time. Research shows the average employee who uses product information data accumulates 2 hours a day trying to find the exact information needed to do their job.