Companies invested more than $1.5 trillion in digital transformation initiatives in 2021. Seventy percent of companies accelerated their use of digital thread to transform business processes since the COVID-19 pandemic.
Digital transformation efforts underway in the U.S. Department of Defense (DoD) will fundamentally remake acquisition and readiness by leveraging best-in-class technology from the private sector. Fewer weapons buys and more frequent acquisitions are replacing old systems to quickly counter emerging threats, combining PLM and logistics data for better equipment readiness. With systems engineering and software-defined products enabling hardware platforms in varying missions, upstream R&D will be more important than ever.
After years of sharply increased U.S. defense spending, the DoD top line will see a flattening, but the spend mix is changing. A new administration is emphasizing the importance of unmanned systems capacity, cyber, and IT. Key platforms, like ICBMs, refueling tankers, rotorcraft systems, and training jets, need to be replaced soon. Near-peer competition is ushering in the adoption of hypersonics and AI. Digital transformation will play a central role—is your organization positioned to succeed?
DoD cloud adoption may be easier said than done, but PTC has been doing it for 20 years. Accelerate your organization’s capability through a FedRAMP/DISA-authorized IL-5 Cloud—the same system already in use by the Air Force and Navy.
PTC’s products enable the innovation of next-generation solutions and support model-based systems engineering practices with a Modular Open System Approach, ensuring the flexibility to meet current and future industry needs. See below to learn more about the outcomes we help our customers achieve.