December 19, 2018

The Power of a Platform – Actionable Insights through PLM Analytics

The 3DEXPERIENCE platform from Dassault Systèmes has powerful big-data capabilities to analyze…
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The 3DEXPERIENCE platform from Dassault Systèmes has powerful big-data capabilities to analyze data, integrate information from both internal and external sources, and provide dashboards that deliver actionable insights to all stakeholders in a secure and auditable manner. Advanced algorithms process data, find meaningful trends and develop insights. For example, algorithms analyze customer feedback on social networks and provide insights into the factors contributing to the rate of adoption of a product.

Often the data required for decision-making is located in disparate systems. For example, when an engineering change to address a major customer concern is considered, data relating to the weight, cost, manufacturing and supplier impact might be found in diverse systems. Manually collecting all the data and developing a meaningful analysis is tedious and time-consuming. With a big-data approach, data in multiple systems is indexed; meaningful relationships between data are revealed; and an aggregate view is presented in a dashboard. In short, a data-driven decision-making capability is established at all levels of the organization.

The 3DEXPERIENCE platform provides the underpinning apps and services that enable the transformation to a digital, data-driven environment. Roles can be added on the platform to provide discipline-level capabilities. For example, ENOVIA offers technical and business roles for companies to plan and execute their definition of success. Accurate, real-time information without manual effort improves product development productivity and results in better decision-making.

EXALEAD provides analytics solutions on the 3DEXPERIENCE platform, including PLM Analytics, an important way to extend the value companies realize from PLM-enabled processes. PLM Analytics displays instantaneous, dynamic dashboards that can be configured to provide the insights people need to run their business. It serves up real-time product and project intelligence to give meaningful insights to schedules, changes, issues, costs, and much more.

With PLM Analytics, companies gain more compelling diagnostics and KPIs to help improve their business. There are countless ways for companies to leverage PLM Analytics to drive business value using 3DEXPERIENCE platform data and additional data sources like ERP, CRM and others.

PLM Analytics is designed to understand the intricacies of product data. It can quickly roll up values through bills of material and CAD product structures to show target values versus actuals. This information can be shared in dashboards, but also directly in the context of the product. For example, engineers can look at cost or weight trends visually in a three-dimensional product mockup to show convergence on targets during the design cycle. PLM Analytics also identifies missing data and makes it clear which data is calculated versus declared to understand how much confidence engineers should have in the information. Further, the information isn’t simply a snapshot in time.

By connecting all data within one unified platform and analyzing it, companies can easily uncover trends, hidden correlations, and relationships in product and program data, then interpret and act on them immediately to drive higher performance.

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