Aerospace & Defense
Innovation and collaborative, synchronized program management for new programs
Digitalization is changing our daily lives as well as existing business models from product-centric development and manufacturing to creating opportunities for extended value throughout the lifecycle. This increases pressure on product development but opens up new business opportunities at the same time. Successful companies are seizing the opportunities offered by digitalization to increase their competitiveness in the digital world.
According to c-suite execs, digital disruption will wipe out 40 percent of Fortune 500 firms in the next 10 years.
Next-generation smart products are complex systems of systems that make current development processes inadequate. Smart factories with smarter, faster and cheaper robots along with additive manufacturing processes are disrupting factories and transforming the manufacturing industry. This requires a new approach to development – a model-based design and manufacturing approach that creates a digital twin and then connects that detailed digital information with people throughout the organization through a digital thread. This digital twin allows global teams across all disciplines the detailed information they need to evaluate opportunities and predict performance.
Digitalization is affecting every industry, disrupting current leaders and creating new business opportunities. To survive disruption, manufacturers must rethink every aspect of their business, become a digital enterprise, and take advantage of the new and disruptive technology drivers across each phase of their operation to reduce cycle time, increase yield and create new business opportunities. This is the only feasible way to deal with constantly increasing complexity in products and manufacturing enterprises. The primary reason that a company’s digital endeavors struggle to deliver the greatest benefits is their inability to develop a digital strategy that crosses all parts of their product processes.
Successful transformation requires an end-to-end digital innovation strategy to create comprehensive and precise digital models of products and production operations as a means to manage the complexity of smart products and smart production operations. These digital twins provide detailed insight into all aspects of decision making for product development and production operations to the IoT performance insight gained from products and plants in operation. Only then – by connecting these digital twins with a consistent digital thread – can companies realize the power and flexibility to speed up development, optimize manufacturing and use the insight gained from product and plant operations to improve future performance.
Digital Innovation Platform is the natural evolution in integrating our product lifecycle management (PLM), application lifecycle management (ALM), electronic design automation (EDA), manufacturing operations management (MOM) and MindSphere portfolios. The Digital Innovation Platform is the software foundation of the digital enterprise. It is built on a platform framework supporting collaboration, open IoT, 3D modeling and manufacturing operations. Applications support:
Through these applications our customers can create precise product, production and performance digital twins integrated through a digital thread across value chain participants, to form a closed-loop, sense-and-react system of communication throughout the product lifecycle.
Our Digital Innovation Platform provides the technical foundation for our customers’ digital enterprise supporting their digital transformation. Our integrated solutions stretch over the complete value chain and seamlessly connect the virtual and real worlds resulting in precise and holistic digital twins.
Our software portfolio weaves a digital thread that creates a tapestry of information connecting people with data and applications for real-time informed decision-making. This digital thread intelligently connects smart virtual models (digital twins) and real-time production information – across lifecycle phases of ideation, realization and utilization and across value chain participants – to form a smart innovation environment. This makes it possible for our customers to digitalize an entire ecosystem of products and plants and to realize the enormous benefits of digitalization, including dramatically shorter time-to-market, much greater production flexibility, and significantly reduced costs.
Siemens portfolio of products and services support our customer’s digital transformation across all phases of their business. Siemens Digital Enterprise Suite is the most complete integrated portfolio of enterprise software and industrial automation solutions.
Tony Hemmelgarn, President and CEO, Siemens PLM Software