Friday Feb 13, 2015

Innovators, There Is A Better Way! [VIDEO]

Struggling to make product innovation happen effectively?  Too often businesses miss the market, launch the wrong product, run behind schedule or go over budget.  Executives say this is unacceptable in a time when lifecycles are already so short, customer sentiment is publicly visible, and competition is growing globally.  Delivering high quality, innovative products is more important than ever.

Today's world calls for a modern approach to innovation.  Watch this video to see how the new Oracle Innovation Management Cloud offers a better way to make innovation happen:


Thursday Jan 22, 2015

Cloud: Arguably the biggest business trend at definitely the year’s biggest Oracle PLM event

 Want to learn everything about what is possibly today’s biggest business trend? From board rooms to meeting rooms to business lunches, everyone is talking about the Cloud. Cloud computing has grown from a $77 billion market in 2010 to an estimated $210 billion in 2016. Oracle’s CEO Mark Hurd wrote last week about How Cloud Computing Is Revolutionizing Business and noted “Cloud computing is triggering a stunning shift in how businesses operate. I believe that the companies that will thrive in this new world will be those that embrace cloud computing”

So when it comes to PLM, what could a modernized product development function do for you, what does one look like, and how do you make it happen?

[Read More]

Tuesday Jan 20, 2015

Your 1 Page Guide to PLM at OVCS 2015 (plus mobile app links)

With so much to see and do at the Oracle Value Chain Summit 2015, it can be difficult to navigate it all.  Here is the full Product Value Chain (PLM) agenda for Tuesday and Wednesday at the OVCS, compressed into a single page (PDF).  Bookmark, download, or print it to take with you, so you can find sessions and speakers at a glance.


This is intended to be a companion document to the Oracle Events 15 Mobile App.  Don't forget to download the app for your iPhone, iPad, or Android device before you arrive to build your schedule, browse all solution areas, explore exhibitors and much more.

And if you haven't yet registered, there's still time. Group discounts and $100 off on-site prices are available until January 23, so register today!

Friday Dec 19, 2014

Everything PLM at the Oracle Value Chain Summit 2015

The biggest PLM event of the year is almost here! Come January 26-29, 2015 we'll be celebrating our 3rd annual Oracle Value Chain Summit in San Jose with another huge cohort of PLM users, prospective buyers, experts, analysts and consultants.  Born from the Agility conferences of years passed (for my long time Agile users out there), the 2015 evolution offers the most opportunities to learn, reflect and network around everything PLM.  Here are the juicy details, as featured in the Product Value Chain at Oracle Value Chain Summit 2015 Attendee Brochure (PDF).

First Timers: What to Expect

The Oracle Value Chain Summit is a 4-day annual event gathering nearly 2,000 product and supply chain professionals at the San Jose Convention Center.  You can choose from over 200 sessions covering all aspects of the field, including: Product Value Chain (PLM), Value Chain Planning, Value Chain Execution, Manufacturing, Maintenance, Procurement and Cross-Value Chain Initiatives.  For those interested in Product Lifecycle Management (PLM), register for the "Product Value Chain Solution Area," so named after Oracle's brand of modern PLM solutions, including Agile and PLM Cloud solutions.  But even though you may indicate PVC as your... 

[Read More]

Tuesday Dec 16, 2014

Ever Wonder How Santa Claus Runs His Supply Chain? [VIDEO]

Ah, the holidays. A time of festive decorations! Parties! Peace and goodwill! Gift buying and wrapping and mailing! Cookie-making! Caroling! Stress!

If that’s how you feel, imagine how Santa feels once the calendar hits December 1. He has naughty-and-nice lists to track, wishes to fulfill, a huge team of elves to oversee, reindeer to train, and highly complex logistics to nail down by December 24.

In short, he manages a massive supply chain every year – and he does it without a hitch. Because he has been pulling off this feat for hundreds of years, we went behind the scenes to find out just how Santa handles it all.

The following video gives a sneak peek into...

[Read More]

Monday Dec 08, 2014

How Oracle’s New PLM Cloud Solutions Help you Compete More Effectively [VIDEO]

Every company that wants to grow and thrive relies on valuable new products to attract new customers, delight existing ones, and boost revenue. There is just one small problem: Innovating, developing, and commercializing new products is not an easy process, but it’s critical to compete effectively.

Roadblocks pop up constantly. During development, information gets lost or neglected in email, spreadsheets, and disconnected systems. You end up wasting time searching for and updating it all while trying to keep multiple logins and passwords straight.

Meanwhile, the pressure from external forces doesn't let up. You have new technology and regulations to manage, competitors to keep an eye on, and customers who are....

[Read More]

Thursday Nov 06, 2014

5 Reasons Why It May Be Time To Embrace The Cloud for PLM (Plus a Nifty Infographic)

No matter what industry you’re in, competition is heating up. Everyone wants to bring The Next Big Thing to market before you, from startups that are still flying under the radar to the industry leader who intends to hold onto that #1 position.

Meanwhile, your team is scrambling to innovate, develop, and commercialize new products quickly, but they’re running into multiple roadblocks that are slowing the entire product value chain process down.

Consider this: 90% of companies admit they are slow to market and often over budget, which means you are not alone. However, that’s not... 

[Read More]

Why You Should Start Getting Excited About PLM at Oracle Value Chain Summit 2015

Registration for the U.S. Oracle Value Chain Summit Jan 26-29, 2015 in San Jose, California is well underway, and we have some interesting PLM presenters to look forward to already.  If you haven't signed up yet, do so before the end of this month to save $300 off the on-site registration price.

Here are some speakers in the PLM tracks to get excited about:
(You'll see them listed in the "Product Value Chain Solution Area," just in case you were hunting for them!)

McDonald's and Coca-Cola

Together for a delicious discussion about PLM in Consumer...

[Read More]

Wednesday Oct 01, 2014

New Oracle Cloud Solutions for PLM and Innovation Management

Oracle OpenWorld 2014 is in full swing this week, and there’s some exciting news for the PLM community coming out today – Oracle announced new Oracle Product Value Chain Cloud solutions, including Oracle Innovation Management Cloud and our first PLM cloud application called Oracle Product Development Cloud. These new solutions work together with Oracle Product Hub and Oracle Project Portfolio Management to provide a collaborative, connected, and disciplined approach to manage the entire value chain.

That means you get faster, more cost-effective access to an integrated innovation, development and commercialization solution than ever before, with the security, connectivity and personalization benefits of the Oracle Cloud!

Read today’s press release: New Oracle Product Value Chain Cloud Solutions Enable Organizations to Rapidly Deliver Higher-Value Products

Too often organizations have to search for product data lost among disconnected systems. Even those with formal PLM systems in place find that traditional systems start too late and end too early. The selection of new ideas gets left to Excel or dead-end niche applications, and the later manufacturing and commercialization processes neglect to follow through to ensure the right product and corresponding information makes it to the customer as intended.

The future of product development is here. Given today’s complex challenges, companies need a faster, more nimble approach to seamlessly track its next star product from its origins among thousands of ideas through to market readiness. Consumer tech-inspired interfaces, mobile apps and embedded analytics are pervasive. Technology everywhere is evolving, and that’s having resounding impacts on business. There’s an imperative on us all to re-imagine what that means for our products and the way we get them to market. The Oracle Product Value Chain Cloud solutions provide a more connected approach, enabling organizations to improve top-line and bottom-line results.

Also wondering about Agile PLM and PLM for Process applications? We’re glad you asked, because we’re just as excited about all the new enhancements and rich future plans. This week there are three sessions devoted to vision, release overview and roadmaps, among several deeper dive sessions. OpenWorld presentations will be available soon, but if you want to hear it all firsthand, register for the upcoming Oracle Value Chain Summit Jan 26-28, 2015 in San Jose, CA.

SEE ALSO: Watch the customer video that premiered during Oracle OpenWorld Product Value Chain general session: Hologic Speeds Launch of Innovative, Life-Saving Medical Technology with Oracle Agile PLM

It is an exciting time to be a part of the Oracle PLM community! We are committed to helping organizations optimize the entire value chain on-premise, hosted, and in the cloud. Backed by years of development and a lasting dedication to making our customers successful, we are ready to help you grow revenue and modernize your application landscape. Where do you see the future of your business?

Learn more about the Oracle Product Value Chain Cloud at cloud.oracle.com/pvc.  

Wednesday Aug 20, 2014

The Complementary Roles of PLM and PIM

Oracle Product Value Chain Solutions (aka Enterprise PLM Solutions) are a comprehensive set of product management solutions that work together to provide Oracle customers with a broad array of capabilities to manage all aspects of product life: innovation, design, launch, and supply chain / commercialization processes beyond the capabilities and boundaries of traditional engineering-focused Product Lifecycle Management applications. They support companies with an integrated managed view across the product value chain: From Lab to Launch, From Farm to Fork, From Concept to Product to Customer, From Product Innovation to Product Design and Product Commercialization.

Product Value Chain Maturity Curve

Product Lifecycle Management (PLM) represents a broad suite of software solutions to improve product-oriented business processes and data. PLM success stories prove that PLM helps companies improve time to market, increase product-related revenue, reduce product costs, reduce internal costs and improve product quality. As a maturing suite of enterprise solutions, PLM is still evolving to realize the promise it can provide across all facets of a business and all phases of the product lifecycle. The vision for PLM includes everything from gathering early requirements for a product through multiple stages of the product lifecycle from product design, through commercialization and eventual product retirement or replacement. In discrete or process industries, PLM is typically more focused on Product Definition as items with respect to the technical view of a material or part, including specifications, bills of material and manufacturing data. With Agile PLM, this is specifically related to capabilities addressing Product Collaboration, Governance and Compliance, Product Quality Management, Product Cost Management and Engineering Collaboration. PLM today is mainly addressing key requirements in the early product lifecycle, in engineering changes or in the “innovation cycle”, and primarily adds value related to product design, development, launch and engineering change process. In short, PLM is the master for Product Definition, wherever manufacturing takes place.

Product Information Management (PIM) is a product suite that has evolved in parallel to PLM. Product Information Management (PIM) can extend the value of PLM implementations by providing complementary tools and capabilities. More relevant in the area of Product Commercialization, the vision for PIM is to manage product information throughout an enterprise and supply chain to improve product-related knowledge management, information sharing and synchronization from multiple data sources. PIM success stories have shown the ability to provide multiple benefits, with particular emphasis on reducing information complexity and information management costs. Product Information in PIM is typically treated as the commercial view of a material or part, including sales and marketing information and categorization. PIM collects information from multiple manufacturing sites and multiple suppliers into its repository, but also provides integration tools to push the information back out to the other systems, serving as an active central repository with the aim to provide a holistic view on any product sold by a company (hence the name “Product Hub”). In short, PIM is the master of commercial Product Information. So PIM is quickly becoming mandatory because of its value in optimizing multichannel selling processes and relationships with customers, as you can see from the following table:

Viewpoint

PLM Current State

PIM

Key Benefits PIM
adds to PLM

Product Lifecycle

Primarily R&D
Front end Innovation Cycle
Change process

Primarily commercial /
transactional state of
lifecycle

Provides a seamless
information flow from
design and
manufacturing through
the ultimate selling and
servicing of products

Data

Primarily focused on “item” vs. “product” data
Product structures Specifications
Technical information

Repository for all product information.
Reaches out to entire enterprise and its various silos of product information and descriptions

Provides a “trusted source” of accurate product information to
the internal organization and trading partners

Data Lifecycle

Repository for all design
iterations
Historical information

Released, current information, with version management and time stamping

Provides a single location to track and audit historical product information

Communication

PLM release finished product to ERP
PLM is the master for Product Definition

Captures information from disparate sources, including in-house data stores
Recognizes the reality of today’s data “mess” across information silos

Provides the ability to package product information to its audience in the desired, relevant format to meet their exacting business requirements

Departmental

R&D
Manufacturing
Quality
Compliance
Procurement
Strategic Marketing

Focus on Marketing and Sales
Gathering information from other Departments, multiple sites, multiple suppliers

A singular enterprise solution that leverages existing information silos and data stores

Supply Chain

Multi-site internal collaboration
Supplier collaboration
Customer collaboration

Works with customers, exchanges / data pools, and trading partners to provide relevant product information packaged the way the customer desires

Provides ability to provide trading partners and internal customers with information in a manner they desire, continuously

Tools

Data Management
Collaboration
Innovation Management

Cleansing
Synchronization
Hub functions

Consistent, clean and complete commercial product information

The goals of both PLM and PIM, put simply, are to help companies make more profit from their products. PLM and PIM solutions can be easily added as they share some of the same goals, while coming from two different perspectives: the definition of the product and the commercialization of the product. Both can serve as a form of product “system of record”, but take different approaches to delivering value. Oracle Product Value Chain solutions offer rich new strategies for executives to collectively leverage Agile PLM, Product Data Hub, together with Enterprise Data Quality for Products, and other industry leading Oracle applications to achieve further incremental value, like Oracle Innovation Management. This is unique on the market today.

Monday Jul 07, 2014

PLM, Product Value Chain, and My Backyard Garden

It’s July and as the temperatures rise here in the US, I’m looking forward to summertime cook-outs, vacations, and sipping a cool beverage poolside. Summer is my favorite season, so every Spring I enjoy the anticipation by trying my hand at gardening. But looking in the backyard now, while all my neighbors’ gardens are flourishing, mine only shows a handful of green tomatoes, unhealthy squash, and fist-sized watermelons. This happened last year, too. After all that springtime effort and investment, this is maddening!

My Fruit & Vegetable Development Problem

My garden can be described with one word: meh. My frustration reminds me of the challenges that product development executives share with us in early meetings – unable to achieve their expected return, inconsistent product information, can’t produce the final product on time nor on budget, not sure what caused defects, no way to tell if a project is bad and needs refocusing or abandoning, and so on.

What’s Happening?

Growing delicious vegetables from seed takes more than...

[Read More]

Wednesday Jun 25, 2014

Dates Announced for Oracle Value Chain Summit 2015!

Join thousands of professionals at the third annual North America Oracle Value Chain Summit, hosted next year January 26 - 28, 2015.  This must-attend supply chain and product lifecycle management event of the year will be located in the San Jose Convention Center, just as the very successful 2014 event.  More details will be coming shortly.  To be the first in-the-know, sign up here to get notified by email when registration opens.



Thursday May 15, 2014

Why Choose to Deploy Agile PLM in the Cloud?

“You can just turn on your computer in the morning and get to work.”

“Simple. Adaptable. Powerful. Fast.”

“No trade-offs – you get SaaS convenience but with the security, control and flexibility you need.”

These statements expertly summed up the recent webcasts on deploying Agile PLM for Process and Agile PLM in the cloud as hosted solutions with two of Oracle’s specialized partners, Verdant Services and GoEngineer.

If you missed the webcasts, here are the replays:

Deploying Agile PLM for Process in the Cloud with Verdant Services

Deploying Agile PLM in the Cloud with GoEngineer

Which one should you watch? Simply put... 

[Read More]

Tuesday Apr 22, 2014

Product Compliance Should Not Impede Innovation

Depending on severity, product compliance issues can cause all sorts of problems from run-away budgets to business closures. But effective policies and safeguards can create a strong foundation that promotes innovation rather than stifle it. The right solution for your business should foster productivity, market penetration and competitive advantage. If you’ve been putting off a systematic approach to product compliance, today’s increasingly regulated market has made now an important time to reconsider that decision, or indecision.

Why now?  No matter what industry, companies face a litany of worldwide and regional regulations that require proof of product compliance and environmental friendliness for market access. For many companies in several industries, complying with the changing Conflict Minerals Law is...

[Read More]

Tuesday Feb 11, 2014

Impressions from OVCS 2014 - Agile PLM as a Platform

Many of you know my story - I bought Agile at a telecomm company to convert a doc control system, joined Agile Software as a consultant, implemented 12 small customers my first year, worked on larger projects with larger customers, then moved into Product Management to make the product work better based on what I had experienced. I have attended Agility, OpenWorld, and now OVCS conferences since 1999, listened to hundreds of customer stories, and have interacted with so many of you. I am proud to understand how critical Agile PLM has become to your development release processes as a platform for collaboration around your products. OVCS is a refreshing reinforcement of the importance of the work we do molding our product to better align with the process innovation you need.

Thank you to our customers, partners, and sales team for such a great conference last week.  Within the overall supply chain conference, we had a huge number of people together to talk about Product Value Chain and Product Lifecycle management. I sincerely hope you were able to feel the energy and excitement around Oracle Agile PLM. Sometimes we all go into a conference like this with our own agendas and ideas about what we want to hear. I hope you were able to keep your mind free of the noise of day to day work and hear something profound.  I hope you can incorporate that insight into your vision of product development and product innovation at your company. I hope you were able to connect with other customers and collaborate on ideas that will make your companies better.  I know I am pondering the sessions and our interactions this week.

One of the biggest benefits from this conference should be to reduce the fear that you are the first and to see what could be possible. With the quality of our customers, you should be able to find someone who has implemented what you are thinking about.  In addition, our Agile PLM platform enables you to experiment quickly to reduce risk and quell the fears about failure. You can see this everyday with our customers, partners, and pre-sales team.  Find a way to have an experimentation system inside your organization to try new processes and prove them quickly.

At this year's conference we announced the launch of a new product, Innovation Management.  IM will assist customers build a set of well defined product ideas into products through a series of processes that develop requirements, design concepts, project proposals, and product portfolios. This connectivity from the front end of product ideas into a concrete product definition enables development organizations to have confidence that they are building the right product at the right time to launch into the right markets. This type of process reengineering on the front end of product development will yield dramatic benefits to your organization.  I am excited I will be able to use the product this year for my own product development.

At OVCS 2014, we had customers, partners, and our pre-sales team discuss a myriad of advanced PLM topics. We want our attendees to hear these stories and use cases to foster a conversation within your organization about PLM. Wednesday's PLM keynote about how Agile PLM has grown into a platform for product processes and data was amazing. The core of Agile PLM, controlling product data and exposing this consistent data into the enterprise, has lead to a platform that enables your company to innovate better. The journey to get full value from PLM requires vision, planning, and execution.  I was extremely pleased to hear from so many customers about how our PLM platform enables that journey.

We are already planning for next year's conference. We have heard some great feedback around offering a broader mix of content, from PLM 101 type topics up to the master's class advanced process topics. Please let us know through the linked in groups or directly what will make this conference better for you next year. I certainly look forward to next year where we can continue to celebrate your amazing PLM journies.

Finally, please leverage our Blog Resource Page to learn more about Agile PLM!  OVCS 2014 session presentations (subject to speaker approval) are available now at http://oracle.ovcs2014.virtualcollateral.com. For presentation downloads, log in with password: ovcs2014. 

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