MYNR Product Mining’s Post

💬 We constantly speak with Product Managers in manufacturing companies and one common theme is: they wish they could make better and quicker decisions informed by data across various sources within their company. ❓ But they often don't know where to start 💡 We attempted to answer this question, and wrote a blog post about it. Perhaps this can give you a few ideas on how to kick this off!

Product Lifecycle Management (PLM) Market Key Players and Global Industry Demand by 2033 https://lnkd.in/dP5HMF3i The Product Lifecycle Management (PLM) Market involves software and services designed to manage the entire lifecycle of a product from inception, through engineering design and manufacturing, to service and disposal. PLM integrates people, processes, business systems, and information to streamline product development and innovation. Market Trends: Integration of IoT and AI: The integration of Internet of Things (IoT) and Artificial Intelligence (AI) in PLM solutions is transforming product development processes. IoT provides real-time data from connected products, while AI offers advanced analytics and automation, enhancing decision-making and product optimization. Cloud-Based PLM Solutions: The shift towards cloud-based PLM solutions is gaining momentum due to their scalability, flexibility, and cost-effectiveness. Cloud PLM allows for better collaboration across geographically dispersed teams and simplifies software maintenance and updates. Adoption of Digital Twins: Digital twin technology, which creates a virtual model of a physical product, is becoming an integral part of PLM. This allows for real-time monitoring, simulation, and analysis of products throughout their lifecycle, improving efficiency and reducing time-to-market. Market Drivers: Increasing Product Complexity: The growing complexity of products, particularly in industries like automotive, aerospace, and electronics, drives the need for robust PLM systems. PLM helps manage complex product data and processes, ensuring efficient development and compliance with standards. Demand for Shorter Time-to-Market: Competitive pressures are driving companies to reduce product development cycles and accelerate time-to-market. PLM solutions enable faster and more efficient product development, enhancing competitiveness. Rising Need for Compliance: Stringent regulatory requirements across various industries necessitate comprehensive PLM systems to ensure compliance with standards and regulations. PLM helps manage documentation, traceability, and reporting, reducing the risk of non-compliance. Click Here, To Get Free Sample Report https://lnkd.in/dDjByiWx Market Segmentations: Global Product Lifecycle Management (PLM) Market: By Company Autodesk Oracle SAP Hewlett Packard Accenture Siemens DassaultSystems IBM Global Product Lifecycle Management (PLM) Market: By Type Cloud-based On-premises Global Product Lifecycle Management (PLM) Market: By Application Aerospace and Defense Automotive and Transportation Medical Devices and Pharmaceutical Electronics and Semiconductors Other Global Product Lifecycle Management (PLM) Market: Regional Analysis All the regional

🚀 Transforming Operational Excellence with Diriger.io at IROCs 🚀 The future of integrated operations centers (IROCs) lies in interoperability, and that's precisely where Diriger.io shines. Imagine a bustling room full of different systems and languages—each providing critical insights but rarely communicating directly. This is where the Diriger platform comes in, changing the paradigm from siloed information hubs to an ecosystem that speaks the same language, seamlessly. Diriger.io is that "one common language" for company operations. It ensures all systems speak seamlessly, delivering real-time insights, agile process management, and reduced operational friction. No more costly middleware, no more redundant translations—just fluid, scalable operations that bring efficiency to the forefront. Key Benefits at IROCs Agility & Standardization: The cloud-based Diriger HUB connects multiple systems in real-time, giving an agile, scalable foundation for your integrated operations. Transparent Processes: From procurement to asset management, interoperability allows for full visibility and trust in your data. Reduced Manual Effort: Significant automation—like invoice processing and demand management—minimizes clerical workload and ensures data accuracy. Centralized Command & Control: The platform acts as a true system-of-systems, streamlining workflows and consolidating data management. Case Study: Power Distribution Company in Australia One powerful use case for Diriger at IROCs is the integration accomplished for a major power distribution company in Australia. The company faced challenges with fragmented systems that led to inefficiencies and a lack of real-time visibility. By deploying Diriger's interoperability platform, the power distribution company was able to connect disparate systems into a unified ecosystem. This provided seamless communication across asset management, supply chain, and financial systems, enabling real-time data visibility and significantly improving operational efficiency. Deployment Made Simple Diriger.io can be deployed in both on-premise and cloud environments, ensuring that regardless of your infrastructure, your journey towards a connected, interoperable operation is quick and seamless. Built with OIIE standard adaptors, it offers plug-and-play integration with existing ERP and specialized systems, while keeping data secure and workflows compliant. The Diriger platform isn’t just an integration—it’s the interoperability engine that unlocks real-time collaboration, automation, and operational insights. It’s time to move away from custom integrations that are cumbersome and costly, and instead, embrace a unified language for all systems. Diriger.io can drive agility, transparency, and efficiency into your operations. Visit www.diriger.io to learn more. #Interoperability #DirigerPlatform #OperationalExcellence #DigitalTransformation #Industry4_0 #Automation #AgileOperations #SupplyChainManagement #AssetManagement

#productlifecyclemanagementsoftware plays a major role in the business to enhance productivity, quality, and collaboration and speed up the product release time. The post below provides you 10 best product lifecycle management software with their features, pros, and cons. #plmsoftware #productlifecyclemanagement #plm https://lnkd.in/d8JFKtHE

Product Lifecycle Management (PLM) Market Analysis Key Trends, Growth Opportunities, Challenges, Key Players, End User Demand and Forecasts to 2033 https://lnkd.in/dvvQ-YZ5 The Product Lifecycle Management (PLM) Market involves software and services designed to manage the entire lifecycle of a product from inception, through engineering design and manufacturing, to service and disposal. PLM integrates people, processes, business systems, and information to streamline product development and innovation. Market Trends: Integration of IoT and AI: The integration of Internet of Things (IoT) and Artificial Intelligence (AI) in PLM solutions is transforming product development processes. IoT provides real-time data from connected products, while AI offers advanced analytics and automation, enhancing decision-making and product optimization. Cloud-Based PLM Solutions: The shift towards cloud-based PLM solutions is gaining momentum due to their scalability, flexibility, and cost-effectiveness. Cloud PLM allows for better collaboration across geographically dispersed teams and simplifies software maintenance and updates. Adoption of Digital Twins: Digital twin technology, which creates a virtual model of a physical product, is becoming an integral part of PLM. This allows for real-time monitoring, simulation, and analysis of products throughout their lifecycle, improving efficiency and reducing time-to-market. Market Drivers: Increasing Product Complexity: The growing complexity of products, particularly in industries like automotive, aerospace, and electronics, drives the need for robust PLM systems. PLM helps manage complex product data and processes, ensuring efficient development and compliance with standards. Demand for Shorter Time-to-Market: Competitive pressures are driving companies to reduce product development cycles and accelerate time-to-market. PLM solutions enable faster and more efficient product development, enhancing competitiveness. Rising Need for Compliance: Stringent regulatory requirements across various industries necessitate comprehensive PLM systems to ensure compliance with standards and regulations. PLM helps manage documentation, traceability, and reporting, reducing the risk of non-compliance. Click Here, To Get Free Sample Report https://lnkd.in/dxUXiUMa   Market Segmentations: Global Product Lifecycle Management (PLM) Market: By Company Autodesk Oracle SAP Hewlett Packard Accenture Siemens DassaultSystems IBM Global Product Lifecycle Management (PLM) Market: By Type Cloud-based On-premises Global Product Lifecycle Management (PLM) Market: By Application Aerospace and Defense Automotive and Transportation Medical Devices and Pharmaceutical Electronics and Semiconductors Other Global Product L

Product Lifecycle Management (PLM) Market Key Players and Global Industry Demand by 2033 https://lnkd.in/dP5HMF3i The Product Lifecycle Management (PLM) Market involves software and services designed to manage the entire lifecycle of a product from inception, through engineering design and manufacturing, to service and disposal. PLM integrates people, processes, business systems, and information to streamline product development and innovation. Market Trends: Integration of IoT and AI: The integration of Internet of Things (IoT) and Artificial Intelligence (AI) in PLM solutions is transforming product development processes. IoT provides real-time data from connected products, while AI offers advanced analytics and automation, enhancing decision-making and product optimization. Cloud-Based PLM Solutions: The shift towards cloud-based PLM solutions is gaining momentum due to their scalability, flexibility, and cost-effectiveness. Cloud PLM allows for better collaboration across geographically dispersed teams and simplifies software maintenance and updates. Adoption of Digital Twins: Digital twin technology, which creates a virtual model of a physical product, is becoming an integral part of PLM. This allows for real-time monitoring, simulation, and analysis of products throughout their lifecycle, improving efficiency and reducing time-to-market. Market Drivers: Increasing Product Complexity: The growing complexity of products, particularly in industries like automotive, aerospace, and electronics, drives the need for robust PLM systems. PLM helps manage complex product data and processes, ensuring efficient development and compliance with standards. Demand for Shorter Time-to-Market: Competitive pressures are driving companies to reduce product development cycles and accelerate time-to-market. PLM solutions enable faster and more efficient product development, enhancing competitiveness. Rising Need for Compliance: Stringent regulatory requirements across various industries necessitate comprehensive PLM systems to ensure compliance with standards and regulations. PLM helps manage documentation, traceability, and reporting, reducing the risk of non-compliance. Click Here, To Get Free Sample Report https://lnkd.in/dDjByiWx Market Segmentations: Global Product Lifecycle Management (PLM) Market: By Company Autodesk Oracle SAP Hewlett Packard Accenture Siemens DassaultSystems IBM Global Product Lifecycle Management (PLM) Market: By Type Cloud-based On-premises Global Product Lifecycle Management (PLM) Market: By Application Aerospace and Defense Automotive and Transportation Medical Devices and Pharmaceutical Electronics and Semiconductors Other Global Product Lifecycle Management (PLM) Market: Regional Analysis All the regional

🔬Bonita Process Insights is designed to help process owners enhance operational efficiency by providing visibility into all processes automated with the Bonita process automation platform. ⚙️Process automation with Bonita delivers on its promise of operational efficiency! With Bonita Process Insights, process owners can directly access aggregated information, analyze process data, and track alignment with objectives. 📈 𝗕𝗼𝗻𝗶𝘁𝗮 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗶𝘀 𝗰𝗼𝗺𝗽𝗮𝘁𝗶𝗯𝗹𝗲 𝘄𝗶𝘁𝗵 𝗯𝗼𝘁𝗵 𝗕𝗼𝗻𝗶𝘁𝗮 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗕𝗼𝗻𝗶𝘁𝗮 𝗘𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲 𝗲𝗱𝗶𝘁𝗶𝗼𝗻𝘀. Learn more about Bonita Process Insights and how it can help you improve operational efficiency on the Bonitasoft blog. 👇

Structuring Success: Linked Product Structures In the dynamic landscape of Product Lifecycle Management (PLM), linked product structures (EBOM, MBOM, MBOP, SBOM, etc) play a pivotal role in fostering seamless integration and collaboration across all stages of product development. This integration is crucial for the Digital Thread. The ability to link different product structures, such as Bills of Materials (BOMs), across systems and functions, empowers organizations to navigate the complexities of supply chain management, optimize manufacturing processes, and ultimately drive innovation in highly competitive markets. With modern day capabilities, there are no excuses for compromised bills of materials aiming to suit too many needs. By embracing digital product structures, companies can significantly reduce time-to-market, optimize resource allocation, and improve product quality. Advantages include: - Maintain a light and lean change process by defining the right BOMS for your unique needs. - Accelerate and streamline your business decisions and work estimates through automated impact assessments. - History of work and configurations accomplished along with precision and foresight of future design and process changes. - Clear and concise BOM definition provides digital traceability for effective communication, validation and robust field asset management. IpX experts are well versed in defining digital product structures within your suite of systems that provide the clarity that your organization requires to unlock efficiency and effectiveness.

With business process automation rapidly changing, platforms must continuously innovate to meet the growing demands of industries. Our platform stands as a prime example of such evolution, having transformed from a simple menu builder into a comprehensive application builder. This transition is not just a testament to technological advancement but a reflection of FlowWright's commitment to addressing the complex needs of modern businesses. Let's discuss how. >> https://hubs.li/Q02vHT8s0

Are you an Engineer-to-Order (ETO) or Configure-to-Order (CTO) company looking to optimize your operations? 🌟 Dive into the latest blog post by Sovelia to learn how implementing a Product Lifecycle Management (PLM) system can revolutionize your processes.