

Manufacturers are also recognizing the value of the digital thread and comprehensive digital twins as concepts that can be used to enable true end-to-end lifecycle innovation and optimization.

As global competition continues to increase and digitalization technologies rapidly mature, manufacturers have recognized that undergoing digital transformation can deliver quantifiable business benefits in multiple areas.

This is driving the need for more intelligent, flexible product development environments, more responsive production and service capabilities, as well as the need to enable and manage extended lifecycle value chains. Manufacturing enterprises across all industries are facing a myriad of challenges that impact most, if not all, facets of their business as products continue to become more personalized, more complex, more capable, more connected, and interconnected.
