The Digital Thread
It's estimated that by 2025 there will be 175 zettabytes of data generated annually. When utilised properly that can lead to significant business results.
Industrial enterprises are struggling to manage large amounts of data and can be overwhelmed by the prospect. But there's a solution.
A digital thread is a single source of truth data, it unites upstream, and downstream data flows, in real-time. When the digital thread is implemented in small and focused use cases, it can become the foundation for greater visibility and collaboration across the enterprise.
The key drivers behind this are increasing product complexity, distributed processes and system and the continued need to reduce time to market.
PLM has quickly become central to any digital transformation initiatives. Once considered just for the engineering department, PLM enables collaboration between teams and departments. Windchill, PTC’s enterprise PLM, fosters collaboration through all stages - from concept design to manufacturing, device connectivity and field service.
This innovation creates a continuous digital thread – a seamless flow of data extending upstream and downstream from engineering.
Using Windchill, manufacturers realise many benefits, including:
• Lower product development costs
• Higher product quality
• Higher customer satisfaction
• Greater product innovation
• Improved productivity