The Internet is changing product development in ways many of us never dreamed of just a few years ago. “Products have become complex systems that combine hardware, sensors, data storage, microprocessors, software, and connectivity in myriad ways,” writes Michael E. Porter, Bishop Lawrence University Professor at Harvard University in a recent Harvard Business Review article.
He cites example after example of companies taking advantage of what’s become known as Internet of Things (IoT):
Smart, connected products now can monitor themselves and their environment, control their response to changes, optimize their own output and efficiency, and ultimately operate autonomously (think robot vacuum cleaners).
And while consumers and industry benefit from this newest wave of technology, behind the scenes many developers are having to rethink their approach to design. “Smart, connected products require a whole set of new design principles, such as designs that achieve hardware standardization through software-based customization, designs that enable personalization, designs that incorporate the ability to support ongoing product upgrades, and designs that enable predictive, enhanced, or remote service,” writes Porter.
For CAD and PLM users, it’s not hard to see that all this impacts you more than just a little. That’s why we’re inviting you to attend LiveWorx 2015, taking place May 4-7 in Boston.
At LiveWorx 2015, you’ll learn practical, implementable information for creating more efficient and informed product design with IoT technology. Michael Porter will be there. Oh, and so will Steve Wozniak—Co-founder of Apple Computer.
Choose from more than 50 sessions covering best practices, challenges, and ongoing IoT innovation from global companies with smart, connected products and strategies in place, addressing unique topics for everyone in your organization including themes on smart manufacturing, IoT security, connected service, deployment strategy, and more.
Join sessions like:
StreetScooter: Transforming an Industry with a Connected Product
When the expertise and innovations of nearly 30 suppliers came together, the result was a revolutionary electric vehicle that put a new technological charge into electromobility. Learn how StreetScooter’s IoT platform strategy has improved the service and management of their electric vehicles.
Trumpf: Getting to Know What You Don’t Know about Your Products
There is tremendous value in the product data, we all know that. But when starting an IoT initiative or rolling out a new product what data do you collect, how often, and how much? Attend this session to learn how Trumpf was able to avoid a data graveyard and deliver effective condition monitoring, proactive service and increased customer satisfaction.
Bridging Digital & Physical Worlds
PTC’s visionary CEO Jim Heppelmann will describe – and show – how the Internet of Things is changing the world around us, bridging the physical and digital worlds, and enabling a new reality. He’ll also describe PTC’s own transformation into a global IoT leader.
Interested? Here’s your personal invitation from Mike Campbell, Executive Vice President CAD Segment at PTC:To find see the full agenda, learn about networking opportunities, read more about presenters, and register, visit the official LiveWorx 2015 site at http://liveworx.thingworx.com/.