Teamcenter 2005: Comprehensive Solutions for New Product Development and Introduction (NPDI), Global Product Development and Regulatory Compliance (cont.)
Continued from June 2005 Main Page
Teamcenter has a strong position in the PLM industry. It is the world's most widely used PLM solution, serving as the enterprise collaboration backbone for companies producing products in a comprehensive integrated digital manufacturing process environment. Our announcement today, along with more than two million seats in production globally, reinforces UGS' continued leadership in the collaborative product development management (cPDM) segment of the PLM industry.
With Teamcenter 2005, UGS has provided an advanced new platform technology to help companies speed implementations across all aspects of a product's lifecycle. By delivering fully integrated applications for up-front product planning and strategy, Teamcenter 2005 bridges the processes between ideation and innovative product solutions.
Today's announcement also focuses on three critical business initiatives: New Product Development and Introduction (NPDI), Global Product Development, and Regulatory Compliance. Each of these business initiatives can have a profound effect on a company's drive for profit and revenue growth from both new and existing product lines. Teamcenter 2005 addresses these initiatives with functional enhancements across the portfolio to enable their effective management and execution.
New Product Development and Introduction (NPDI) - Transforming the Best Ideas into Innovative Products
Through Teamcenter 2005, UGS is delivering the most comprehensive solution for capturing an organization's best ideas; using familiar office productivity tools, and then helping them build those ideas into innovative products.
With sophisticated tools intended to specifically address the NPDI process, Teamcenter's NPDI solution builds on Microsoft tools already in use at most organizations. Through our close relationship and strategic partnership with Microsoft, we are able to leverage Teamcenter's tight integration with Microsoft applications to help organizations realize the full benefit of NPDI.
Global Product Development - Turning Globalization into a Competitive Advantage
Globalization has dramatically changed the way products are produced by manufacturers worldwide. Small to medium size companies are just as likely to engage in global outsourcing as a huge multinational enterprise, and globally distributed teams need to effectively communicate and collaborate throughout the product development.
Teamcenter enables these companies to manage their global product development. The Teamcenter 2005 release offers many new features and enhancements to ensure that geographically dispersed design and manufacturing teams can effectively compete, by transforming a globally distributed enterprise into a competitive advantage.
Regulatory Compliance - Built-In Compliance Management Improves Profitability
Most companies, both discrete and process based, are required to achieve some level of regulatory compliance, and the costs and time necessary to conform to these regulations may negatively impact both the bottom line and top line profitability. Teamcenter 2005 introduces several new enhancements that enable companies to strike a balance between regulatory compliance and lifecycle performance.
Teamcenter 2005 provides a functional foundation to enable companies to directly enforce and validate regulatory compliance through the management of information access, retrieval, and retention, along with process visibility and integrity. This enables companies to more effectively comply with process-specific and industry-driven compliance challenges including document and records retention management, Sarbanes Oxley compliance management, environmental mandates such as ELV (End of Life Vehicle), RoHS (Restriction of Hazardous Substances), and WEEE (Waste Electronic and Electrical Equipment), medical device mandates such as CFR Part 11 and 820, and export controls such as ITAR (International Traffic in Arms Regulations), and EAR (Export Administration Regulations).
I also want to acknowledge the strong business relationships that have contributed to our Teamcenter 2005 launch. These strategic relationships are a critical component in UGS' strategy to ensure the successful deployment and performance of all our PLM solutions and to never let our customers fail. Intel, HP and Microsoft have all supported our customer success with UGS products for many years and are currently playing a key role in supporting the Teamcenter 2005 launch. These companies have worked with UGS to perform extensive performance and scalability testing across a broad range of platforms, resulting in Teamcenter 2005 being one of the most reliable, robust and scalable solutions available in the PLM industry.
To learn more about Teamcenter 2005 and the new ways it may benefit your business please visit Teamcenter.
