Electronics and High-Tech Industry Solutions

While the products may look different—semiconductors, automation controls, or consumer electronics—managing a complex product development process, high competition, and navigating dynamic supply chains are common challenges.

Creating a product development process with flexibility from design to sourcing to manufacturing is essential. Providing appropriate visibility into accurate product data to other departments, suppliers, and partners is key to getting ahead of supply chain challenges.

High-tech companies are often plagued by internal challenges, like siloed product data in multiple systems, which make it difficult to have accurate information at the ready and collaborate effectively across groups and external vendors.

Having a single source of truth for product data can help ease collaboration friction. With relevant teams working on the same information, they can make better decisions in their role.

A crowded playing field and consumer demand for the latest high-tech products necessitates a continued effort to reduce time to market and accelerate innovation.

Establishing efficient processes with an authoritative source of truth helps to optimize collaboration, reduce rework, and enhance product quality. The end goal is to bring new products and new variations of products to the market faster.

Many electronic and high-tech products end up in regulated products, like cars and medical devices. For regulatory compliance, many of these products need their suppliers to provide details on materials and sourcing, as well as engineering practices for software and hardware. Companies need to find ways to capture the data needed for compliance as part of the product development process.

With new regulations, especially in Europe, high-tech companies need to provide greater visibility into their entire product lifecycle. From reducing product footprints to producing a digital product passport, high-tech companies are challenged to provide a deeper level of traceability than ever before.

Connected products are no longer an innovation, they are a necessary attribute to most modern products. Semiconductors, chips, and sensors are integral to driving innovation in today’s consumer products, factory automation, and more.

The vast majority (86%) of C-suite executives feel prepared to up their investment in gen AI in 2025. The top three reasons are to capitalize on advances in the technology (28%), to maintain our competitiveness (20%), and increased confidence in managing associated business risks (20%).

Investment in digital transformation, especially getting your product data in order, is critical to be able to get the most out of generative AI use cases.

Digital continuity, often called digital thread, is the interconnected flow of relevant data that defines a product throughout its lifecycle. Often anchored with a PLM solution, the digital thread provides a comprehensive view of a product’s journey from design to manufacturing to service to retirement.

With a digital thread, organizations are able to break down silos, create efficient workflows, and improve collaboration across departments, functions, and systems. As one of the most effective strategies for digital transformation, digital thread can enable organizations to get more value from one of their most precious resources—product data.