Automobiles are growing more advanced and more complex. Demand for features such as autonomous navigation and smart functionality, along with growing interest in electric vehicles (EVs), has introduced numerous engineering and design challenges. One such challenge is coordinating engineering teams across domains and integrating them with important stakeholders in the design, procurement, manufacturing, and service departments. This coordination is essential to developing products on time and within budget.
Failure to address this challenge creates significant issues. Engineers may lose track of design changes made by others and continue their work with outdated or missing information. Resulting errors may not be caught and corrected until the prototyping and testing phase, leading to costly redesigns and time-consuming searches for the cause of failure. When stakeholders possess outdated or incomplete data, it increases the risk that essential parts and supplies will be more difficult or more expensive to source.
These issues are particularly likely to occur when companies manage the product lifecycle and related data using traditional tools such as email, shared documents and spreadsheets. In contrast, using product lifecycle management (PLM) solutions mitigates such problems. PLM connects people, processes, and technologies through a common digital thread, which provides a single source of truth for every team member from concept through production. This allows all stakeholders to make decisions based on accurate, real-time product data, minimizing delays, improving product quality and reducing development costs.
Download the ebook to learn more about the challenges that automotive companies face in hitting design release and how the adoption of a cloud-based software-as-a-service (SaaS) platform can help them better manage all that complexity.