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Concurrent Engineering Blog

Concurrent Engineering Awarded PTC’s PLM Preferred Status

Posted by Emma Rudeck on 10-Jun-2014 17:26:00

PLM Preferred StatusProduct Lifecycle Management specialist, Concurrent Engineering, has been rewarded for its efforts in helping the manufacturers to transform their competitiveness. 

Concurrent is one of only 20 businesses globally to be awarded PLM preferred partner status by global engineering software giant PTC and remains the only one to receive the award in the UK. PTC has over 27,000 customers worldwide.

Manufacturers need to transform existing business processes and rethink how they design, build and service their products to expand the way they deliver value to customers and across the supply chain. The UK businesses that get PLM right will be in a position to create sustained differentiation through product and service advantage.

Concurrent Managing Director, Owen, Kirby said: “Many people don’t realise the UK is ranked 6th in the world for its manufacturing industries. But new forces are at work in the necessary transformation of our manufacturing businesses to remain current and competitive. Our partnership with PTC and this latest award reflects our ability to help UK businesses deliver this transformation and create real and sustainable competitive advantage for the UK and the region.”

The forces that Kirby refers to include digitisation, globalisation, the enforcement of International governmental rules, increased personalisation of products and services, increased connectivity and complexity in products, and the shift to products evolving as integrated serviced bundles for interaction throughout the customer experience lifecycle.

To remain competitive businesses need to be able to answer the following questions:

  • Do we understand which forces will have the greatest impact on our industry or business over the next three years?
  • Do we have alignment between our current business transformation initiatives and priorities and these forces?
  • Do we have the right talent and technology platform to respond to these forces and capture the opportunities they create?
  • Do we have an engaged network of suppliers that can enable the opportunities these forces create?

To understand more about these competitive challenges and the how you can face them, download the free research report on the ROI of PLM:ROI of PLM