How one company reduced design errors by 50%

By Alyssa
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Chongqing Yinhe Experimental Equipment Co. Ltd (CQYH) is China’s leading research organization.  It develops and manufactures environmental and reliability testing equipment both in series and for specific customer requirements. Its equipment is used by companies in the military, high tech, aerospace and automotive sectors around the world. While it is among the top three environmental instrument manufacturers in the world market, CQYH was facing increasing pressure from competitors. To stay ahead, they set a goal to improve development efficiency and to create a better user experience by focusing on creating products that promote the sustainable growth of its customers.

To accomplish this, they needed to re-engineer their order fulfillment cycle to accelerate delivery of products tailored to customer requirements. CQYH chose Dassault Systèmes’ 3DEXPERIENCE platform® and its Simple Solution Selection industry solution experience. One of the advantages to this new system is that they can input customer requirements and display them in a 3D model. The customer can review and validate the design then instantly confirm it for production. This has essentially eliminated the need for physical prototypes for customer review, which has accelerated order fulfillment by 50%.

The solution also facilities a better understanding of exactly with customers want, reducing design errors by 50%improving time to delivery and customer satisfaction.

To learn more about the benefits CQYH has seen through the 3DEXPERIENCE platform and Simple Solution Selection that have helped them more successfully compete on an international scale, read our recently-published case study.

How is IoT shifting industrial equipment business models and profits online?

By Alyssa
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IE-EquipmentOutcomes

The era of the Internet of Things (IoT) is opening new business opportunities for industrial equipment (IE) companies. As profit margins are declining at the same time machine efficiency is increasing, manufacturers are seeking alternatives ways to reduce waste and costs. IoT is offering one path to this, by networking objects, adding sensors and capturing data that can be analyzed to improve machine productivity and reliability and reduce downtime.  It is allowing IE companies to create ‘pay as you go’ services, opening new paths for competition and profitability.

clicktotweetClick to Tweet: “IE companies that don’t rethink business models risk jeopardizing business.” – Dominik Wee @mckinsey 3ds.one/IE-EqOut

An article in the new issue of Compass magazine examines this trend of IE companies investing in IoT to develop new revenue streams through new business models.  Examples from 3 companies – GE, FANUC and SKF – are explored.  GE, for example, has invested nearly $1 billion in IoT, essentially changing the company’s business from selling machinery to selling outcomes, including efficiency and uptime.  FANUC can monitor over 6000 robots in 26 GM factories to see if there’s any abnormal wear that could lead to a failure. If a potential failure is identified, parts can be proactively sent to address the issue before any downtime occurs.  Given that each minute of factory downtime costs GM upwards of $20,000, this can lead to a tremendous savings.

clicktotweetClick to Tweet: Why has @GE invested $1B to turn #IOT into a new revenue engine? #3DSCompass 3ds.one/IE-EqOut

To learn more about what these 3 companies and others are doing with IoT as a means to get closer to their customers and improve uptime and efficiency, read the article “From Equipment to Outcomes” now.

 

The Secret to Creating Market-Winning Experiences

By Estelle
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Connected_Washer

In the recent post “A New Spin on Washing Machine Design,” we explained how customers today expect more than just a product when they do business with a company.  According to a recent Eventbrite survey, 78% of gen y respondents said they would rather spend money on an experience than a thing, and 77% said their best memories come from an experience!

In the case of a Washing Machine, white goods manufacturers have come a long way in developing a better consumer experience just in the past decade.  However, more can be accomplished by all high tech manufacturers in their design and delivery of the next-generation products that capture consumers’ hearts and minds.Page11_Sim_Process_and_Data_Mgt-slm

By leveraging integrated and collaborative realistic simulation technology your organization will be able to overcome industry challenges, such as globalization, more complex products, and shorter time to market, while saving time and money.

A recent 7-minute e-Seminar explains how you can use Realistic Simulation integrated within the Industry Solution Experience – Smarter, Faster, Lighter powered by the 3DEXPERIENCE platform from Dassault Systèmes.  It might sound like a mouthful of tech speak, but this technology can transform the way products are designed and delivered to your customer.

washing_machine_overlayThe e-Seminar includes examples of using simulation to collaborate on the analysis of durability and noise and vibration while maintaining complete connection to the performance requirements.

 

It won’t take long to watch this 7 minute e-Seminar, “Leveraging Integrated Simulation to Develop Market-Winning Experiences”.  It will be worth your time, and we encourage you to share this with others in your organization as you discuss the technologies and processes you need to use to deliver market-winning experiences. Watch now  !

 

 



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