Aerospace & Defense
Innovation and collaborative, synchronized program management for new programs
Innovation and collaborative, synchronized program management for new programsExplore Industry
Integration of mechanical, software and electronic systems technologies for vehicle systemsExplore Industry
Product innovation through effective management of integrated formulations, packaging and manufacturing processesExplore Industry
New product development leverages data to improve quality and profitability and reduce time-to-market and costsExplore Industry
Supply chain collaboration in design, construction, maintenance and retirement of mission-critical assetsExplore Industry
Integration of manufacturing process planning with design and engineering for today’s machine complexityExplore Industry
Visibility, compliance and accountability for insurance and financial industriesExplore Industry
Shipbuilding innovation to sustainably reduce the cost of developing future fleetsExplore Industry
Siemens PLM Software, a leader in media and telecommunications software, delivers digital solutions for cutting-edge technology supporting complex products in a rapidly changing market.Explore Industry
“Personalized product innovation” through digitalization to meet market demands and reduce costsExplore Industry
Faster time to market, fewer errors for Software DevelopmentExplore Industry
Remove barriers and grow while maintaining your bottom line. We’re democratizing the most robust digital twins for your small and medium businesses.Explore Industry
The Business Value of Digitalization and Digital Twins in the Consumer Products Industry: IDC Siemens
The digital transformation in the Consumer Packaged Goods (CPG) and Consumer Goods (CG) industries is rising. The industry is undergoing a series of dramatic changes, triggered by consumer demand for personalized experiences and products, continuously increasing time-to-market requirements (from months to days), growing complexity of product design, demand for "size-of-one" lots in manufacturing processes, and emergence of technologies such as artificial intelligence (AI), the Internet of Things (IoT), and blockchain.
In this context, consumer product (CP) companies are implementing major digital transformation programs to evolve from productivity focused approaches to customer experience–led business models.
Learn from this IDC research how these new trends are impacting CP&R Companies around the world and how Digitalization and Digital Twins can be implemented to gain a competitive advantage.