Learn more about Ingersoll Rand’s common approach to PLM and how it furthers the company’s goals to accelerate innovation and enable collaboration.
Think globally, develop locally
Globalization is not just about reducing costs: it’s about driving business growth in new markets. Many companies are adopting global product development strategies to capture these markets but continue to use multiple, independent systems to manage product information and development.
Listen to PTC’s Graham Birch address the challenges of global product development and how PTC can help.
The PTC Global Product Development solution provides a single, globally accessible repository with best practices and tools helping drive collaboration inside your global organization.
- Manage a single source of truth for all product-related information
- Enable fast and secure collaboration among global sites and value chain partners
- Share the collective knowledge and experience of the enterprise
- Customer Stories
Product development drives business growth
Many manufacturers are striving to achieve a global product development environment; one in which coordinated teams rely on digital means to create and share product information throughout the world. This type of approach gives companies a greater ability to manage development costs, source talent, and respond to the needs of local markets. Done well, global product development can be a major driver of sustained, improved business performance.
With new market demands and ever-increasing product complexity, global product development requires a tight alignment among engineering disciplines to ensure a quality final product. However, the broader the collaboration circle, the more difficult and error prone the data sharing and process coordination can be. Protecting sensitive product information becomes a very real challenge.
The PTC Global Product Development solution can help manufacturers simplify the complexities of global product development.
Unlike other approaches that operate disconnected systems, the PTC Global Product Development solution offers a single, globally accessible repository that securely captures and manages product data while synchronizing development activities that span organizations and boundaries. Companies can now develop new products and new ideas globally, while taking full advantage of local talent to meet local market requirements.
Done right, Global Product Development can enable:
- 80% improvement in design and process reuse2
- 25% decrease in product development time1
- 30%-40% cost savings through higher product commonalities
1Schuh & Co, others from PTC customer experience; 2PTC Customer
Hear how leading appliance manufacturer Whirlpool Corporation is investing in PLM solutions to help improve collaboration and transform the way the global enterprise creates, refines and communicates product knowledge in order to better meet and exceed customer needs
At Piaggio Group - a world leader in the production of motorcycles, commercial vehicles and scooters - the complexities of managing multiple brands, globally distributed development teams and large partner networks are made easy with PLM. Watch this video to learn how.
PLM gives Volvo the ability to visually and openly manage product data throughout the entire product lifecycle
Gaining competitive advantage through global product development
A common source of product data to drive innovation
Collaborating with remote design teams
Improving decisions across a global team
PLM is helping build-to-order farm equipment manufacturer, AGCO, address the key business challenges of managing product complexity, quality and compliance
Flowserve uses PTC Windchill PLM as the foundation for creating new products
Woodward executives talk about their strategic decision to implement PLM
Listen to George Gialopsos, Director of PLM, discuss the importance of PLM in the Injection Molding Industry