PLI is an evolution of PLM focused on mining insights from product development data that has accumulated within PLM environments and other integrated business systems. Powered by advanced analytics and machine learning techniques, PLI helps organizations identify patterns, form predictions and prescribe improvements to product development metrics like cycle time, change frequency, rejection rate, quality, performance and manufacturability. PLI derives actionable insights from enterprise system data to address core business needs, helping our clients gain understanding, reliably plan and forecast, and continuously improve results.
We offer pre-configured PLI apps to add rapid value, custom app development, and Design for Insights services to clean and prep your data for analytics.
You're just starting your PLM roadmap, or you're a mature user sitting on months, even years, of untapped business data.
You're an R&D, engineering or product development leader with performance commitments to uphold like system adoption, cycle time, change frequency, design reuse, first pass yield, cost and quality.
You want to understand how PLM impacts your results, how to predict or forecast future results more reliably, and how to continuously drive improvements.
You're intrigued by the promise of analytics but you are wholly unsatisfied with the capabilities of legacy PLM reporting and business intelligence products.
PLI uses advanced analytics to get more insights from your data. While Excel and other legacy reporting techniques can help companies manually explore and begin to explain business performance, PLI enables the ability to predict outcomes and prescribe actions for improvement.
Explore current and historical product development performance metrics.
Why did it happen?
Explain performance trends with multivariate statistics, identify important patterns, correlations and root causes.
What will happen?
Forecast future performance based on predictive analytics and machine learning techniques. Set reliable expectations on cycle time, cost, quality and manufacturability.
What recommendations will optimize future outcomes?
Prescribe evidence-based recommendations to improve future outcomes. Simulate alternate scenarios and optimize decision levers to make the best decisions.
These pre-configured PLI apps add rapid value, with fixed-price services that include implementation, support for custom data models, development of custom reports and mashups, and model evaluation.
PLM data is available, plentiful and structured, making PLM a logical starting point for many companies, with clear benefits in R&D and new product development.
Analyze how users are using PLM, level of engagement and productive output.
Enrich PLM data quality - identify duplicates, incomplete, anomalous and erroneous data.
Analyze new product development and engineering change cycle times. Improve time to market.
Analyze design robustness and change volatility patterns. Reduce number of design changes.
Analyze design approval and rejection patterns. Improve ‘first time yield’ rates.
Analyze patterns behind deviations and variances. Reduce supplier and manufacturing variances.
Recommend part re-use opportunities and identify part and component duplicates.
For companies with structured data in other enterprise systems, PLI can provide value to additional teams, including manufacturing, supply chain and service.
Bring performance insights from connected products back into R&D process. Facilitate data-driven design.
Correlate design decisions to product quality results. Predict quality issues and prescribe solutions.
Correlate design decisions to manufacturing performance (scrap, yield, quality).
Correlate design decisions to product cost. Identify cost reduction opportunities.
Correlate design decisions to customer experience, adverse events and complaints.
Implementing PLI to address your unique specific business challenges is quick and easy. Our accelerated approach can include:
Complimentary one day workshop to review needs, explore use cases, and identify specific opportunities to prove value
Two week project to rapidly demonstrate insights from your data, and create a roadmap for business value including ROI and scaling approach
Eight to ten week engagement to build out the proof of value into a functional solution, including a use case definition, data preparation, model development and user training
The value of insights from PLI are only as good as the quality of your PLM data. If you are just getting started with PLM, consolidating multiple systems, or working on cleaning up your PLM data, we can help you structure your data with insights in mind.
With our Design for Insight services, we design an PLM data model that is optimized to extract the insights you need as data accrues.
Our Design for Insight methodology includes: