Connected Teams, Connected Data

00:00 These leading companies have connected data. They have connected teams. So whether that's engineering, manufacturing, service or even suppliers, they're all connected parts of a digital thread and that allows for greater efficiency, less silos between teams and overall that improves the time to market with the NPI process. When you start to hear the CEO, CFO speaking the same language as a lot of their end user base, it's everyone's on the same page

00:34 at the end of the day. One customer that's really ahead of the game, they were using model based definition as part of the way they work. They were able to incorporate model based definition, allowing for much, much faster product development cycles and less rework as well. We’re talking anywhere in the ranges of 30% to 50% faster product development cycles. And it really boils down to having a connected platform that this customer could really build their foundation

01:04 off when creating new products and thus speeding up product development cycles, which of course also brings other benefits like lower cost, faster innovation as well as having a more aligned vision across their organization.