CIMdata PLM Industry Summary Online Archive

30 January 2007

CIMdata News

Enterprise Simulation Management-A New CIMdata Whitepaper

CIMdata consulting and research firm announces the availability of a recently published White Paper entitled "Enterprise Simulation Management: An Expanded Perspective on Simulation". This paper provides a perspective on an emerging market area called Enterprise Simulation Management (ESM), the pressures that motivate its use, an introduction to the market evolution and ESM's role, and a perspective on its value and future.

Manufacturers around the world are being constantly challenged to improve productivity, lower costs, compress delivery times, and enhance product quality. In order to be successful in this environment, companies must be innovative with their products as well as their processes that enable more effective business operations and customer service.

"As companies seek the most effective ways to address these challenges," explained Ed Miller, President of CIMdata, "they need to turn their attention to product performance-related simulation as an area that offers the greatest opportunity for enterprise impact." While the area of simulation and analysis is a key component of an enterprise's overall PLM strategy, it has been relatively ignored for many years. Investments in simulation have typically been for development or acquisition of focused technologies to be used by specialists. It has not been very visible, well understood, or highly-prioritized within the overall product development organization.

"The situation is changing," added Mr. Miller. Product-related simulation is being transformed into a visible and accessible component of the product development process, across the full product lifecycle and across extended enterprises. "We call this approach Enterprise Simulation Management (ESM). Forward-thinking firms are incorporating ESM to create more efficient and innovative product development environments so that they can prosper on the world stage, and major technology and service suppliers have launched initiatives to address these industry demands."

ESM will be more broadly adopted as an enterprise strategy, and industry will gain more experience. Advances will be made in both technologies and practices which will provide more value to companies that adopt ESM. "Because of the overall value and benefits for the larger enterprise, investments in ESM are anticipated to be one of the highest-priority and fastest-growing areas within the broad field of PLM over the coming years, as leading companies seek to take advantage of it to improve their ability to compete successfully." concluded Mr. Miller.

Copies of the ' Enterprise Simulation Management' White Paper are available at no cost through the CIMdata website.

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