Revolutionizing Smart Appliance Innovation through Collaboration

By Neno
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According to Berg Insight, in 2014, smart appliances made up one-third of the estimated 5.9 billion smart and connected products sold worldwide: that’s 2 billion smart appliances. With that level of production, and a market growing at an estimated CAGR of 15.4% toward a value of $37.2 billion USD by 2020 (MarketsandMarkets), there’s no doubt about it: customers love smart appliances.

Puremotion video washing machineIn 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: they would rather spend money on an experience than a thing. The ability of smart appliances to deliver delightful, intuitive experiences that make daily life easier and more pleasurable is in large measure the key to the smart appliance market’s success.

This is a theme we returned to in “The Secret to Creating Market-Winning Experiences”, in which we explored the use of collaborative simulation and design exploration software to help craft these compelling experiences, enabling manufactures to simulate virtual product experiences while evaluating and analyzing hundreds of design options.

engineer-puremotionSuch advanced software is invaluable because at technical level, designing great smart appliance experiences can be a daunting challenge. It requires that companies have engineering proficiency in a wide array of areas such as software, mechanical, electrical, fluid, electronics, software, and other specialized areas.  What’s more, success requires bringing all of these competencies together to collaboratively develop requirements, solve problems and optimize outcomes (see our post “How to Stay Competitive? Develop Smart Appliances in the Era of Experience”).

This kind of collaboration is essential for success in systems engineering in general, but the need for collaboration in the fast-growing but intensely competitive smart appliance market requires expanding collaboration to an enterprise level. It requires establishing an ongoing dialogue between design, engineering, manufacturing, marketing and support.

We’ve developed a short video, Pure Motion, to introduce the ways in which these disciplines can revolutionize smart appliance innovation through collaboration on a single platform – the 3DEXPERIENCE platform, while leveraging common 3D system models and digital assets across optimized processes.

Watch the video now, or to learn more, visit our white goods webpage or download the V-ZUG case study today, which details how the Swiss High Tech appliance maker is innovating for perfect cooking and washing experiences with the 3DEXPERIENCE platform.

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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.

 

A New Model for Manufacturing Innovation

By Valerie C.
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by Werner Krings

The Austrian Economist Joseph Schumpeter argued that industries must incessantly revolutionize their economic structure from within. I interpret this statement to mean that manufacturers, especially in the High Tech industry, must continually strive to innovate with better or more effective processes in order to build new products.

Innovation is a core attribute of successful High Tech manufacturers, impacting every aspect of the business–economics, business profitability, product design, technology, and engineering best-practices, not to mention overall brand value.
Innovation impacts growth

Manufacturing innovation can mean the use Lean and other cost reduction strategies. Increasingly, it means automation and digitization of manufacturing as we move toward the era of the Digital Factory and big data analytics. And, In today’s global landscape, innovation must include the ability to easily replicate processes across sites to ensure higher global quality standards and greater control, visibility and synchronization across operations.

How do you get there?

A key requirement for global innovation is a unified production environment across facilities. High Tech manufacturers that use different processes and production systems in their various facilities will have difficulty achieving innovation– effectively blocking all of the potential benefits. When different plants use different MES systems, for example, there can be little agility, as every change becomes a custom IT project.

Improve operations processes across sites

This is why High Tech manufacturing leaders have moved toward unified and standardized systems, so that process changes and manufacturing agility can be achieved faster and more easily. In such an environment, global shop floor operations can be unified through a Center of Excellence, which can then ensure comparable and measurable manufacturing standards on a global scale. As they say, you can’t improve what you can’t measure.

Measuring Innovation

Innovation can (and should) be measured on an organizational level. The implementation of manufacturing intelligence solutions is often justified by this single function, as part of a manufacturer’s quest to achieve better visibility across operations. The ability to measure is greatly enhanced when it is part of an overall innovation strategy, underpinned by unified technology.

High Tech manufacturers will want to measure several aspects of innovation, such as business measures related to profitability, innovation process efficiency, or employees’ contribution and motivation. Measured values might include new product revenue, spending in R&D, time to market, quality scores for suppliers, and growth in emerging markets.

Manufacturing Innovation

What is pivotal is that innovation must align with corporate strategy and global manufacturing performance in order to ensure continuous growth and return on investment. A well-defined innovation program, combined with an IT infrastructure that supports global agility, is essential for High Tech manufacturers that want to compete and grow in a sustainable fashion, now and in the future.

Now there’s a solution for greater visibility, control, and synchronization of operations. Visit the Flexible Production solution page and read the flyer to find out what a flexible global production platform for manufacturing can do for your High Tech enterprise.



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