How is the semiconductor industry evolving?
Semiconductors are critical components of the modern technologies we have today such as computers, smartphones, servers, televisions, cars, and more. These companies produce a wide variety of chips—microprocessors, memory chips, graphics processing units, application integrated circuits, and microcontrollers.
As producers of a high-demand product, they contend with time and market pressures, competition, and global supply chains. With technology changing so quickly and with many applications, semiconductors need to innovate at an accelerated pace. As artificial intelligence (AI) investments increase, so does the demand for semiconductors and sophisticated chips to power these solutions.
Industries impacted by semiconductors
Consumer electronics
The consumer electronics sector—including smartphones, laptops, and IoT devices—remains highly sensitive to semiconductor advancements, as delays directly hinder product launches and technological progress.
Automotive industry
Medical devices
Aerospace and defense
Industrial automation
Telecommunications
Application lifecycle management (ALM)
With ALM, teams deliver high-quality software by unifying requirements, risk, and test management using agile engineering capabilities.
Product lifecycle management (PLM)
PLM orchestrates data to downstream departments and systems so teams can work concurrently from a single source of data.