Know Your Signs of Innovation (cont.)
Continued from February 2006 Main Page
To start, I encourage you to take the Innovation Driver's Test which debuted on ugs.com this week. The test will introduce you to signs that you are on the road to innovation, addressing your ability to meet these key business requirements:
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Innovate more - by increasing the yield on product and process innovation to accelerate top line growth |
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Compress time-to-market – through lean processes, a higher yield on designs and faster cycle times |
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Ensure compliance – by incorporating customer and regulatory requirements at all stages of the product lifecycle and automating the process of documenting compliance |
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Optimize global resources – gaining greater efficiency through the product lifecycle and digital product and process validation |
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Leverage globalization – through real-time collaboration with global partners and suppliers |
Taking the driver's test also enables you to download a new White Paper on Global Innovation Networks - a transformative business model for collaboration that fosters innovation at every stage of the product lifecycle and every level of the value chain. The paper shows how a series of key investment initiatives enable product-centric innovation in any industry. Manufacturers can start their journey toward a Global Innovation Network by addressing the area that is most critical to their business in the near term. These initiatives include:
- New product development and introduction
Design, simulate, validate and manufacture innovative products by establishing real-time global collaboration among people and processes in R&D, product planning, development and launch - Value chain synchronization
Respond effectively to global demand by optimizing the exchange of ideas as well as product and process information among all players at every stage of the value chain. - Enterprise data management
Leverage physical and intellectual assets for greater competitiveness by managing and providing secure access to critical product and process data over the life of a product - Commonization and reuse
Create efficiencies and foster best practices in engineering, manufacturing, purchasing, sourcing marketing and support by reusing proven parts, assemblies, equipment and processes. - Knowledge and intellectual property management
Continually improve product and process development by capturing and automating the knowledge of your expert employees. - Regulatory compliance
Mitigate risk and achieve compliance by ensuring adherence to environmental, safety, financial and governmental regulations early in the design cycle and by automating data collection and reporting. - Production efficiency
Increase production flexibility, performance and quality by integrating product design with process design and production information in manufacturing best practices. - System engineering and mechatronics
Improve the customer's value experience and accelerate time-to-market by optimizing product performance, integration, quality and reliability through the visual analysis of interdependent mechanical, electrical and software subsystems, constraints and components.
UGS provides open, scalable solutions to address all of these initiatives, making it easy for companies to evolve from individual solutions to the full benefits the combined power of all the initiatives above offer.
You will see much more about the road to innovation in the months to come on our Web site and in our publications and advertising. Innovation does not happen by accident; it takes place one step at a time. We look forward to being a strategic partner and guide along your journey.
