Friday Jun 05, 2015

3 Trends Driving Big Changes in the PLM Market

Earlier this year I attended the CIMdata 2015 PLM Market & Industry Forum in Ann Arbor, Michigan, which was a truly inspiring day, packed with information around the forum’s theme of “Platforms for Innovation: PLM’s Next Evolutionary Step.”

According to CIMdata, the global PLM market saw solid growth in multiple areas during 2014 – sales were up... 

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Thursday Apr 09, 2015

From Farm to Table: How PLM Serves Up Your Chicken Sandwich

Ever wonder how your lunch was made? How did that meal end up on the plate in front of you?  Given all the ingredients, equipment, data, processes and players involved, few can tell the whole story. But one type of enterprise software has recorded every detail – Product Lifecycle Management.

John Kelley, Vice President of Product Value Chain Strategy and Kerrie Jordan, Director of Product Value Chain Marketing, Oracle discuss PLM's many roles in your chicken sandwich. Read the full article in Food Manufacturing magazine by clicking here

To learn more about Oracle Product Lifecycle Management applications, visit www.oracle.com/plm

[Read More]

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]

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]

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.



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 Apr 08, 2014

A Discussion with Oracle's Expert on Innovation Management

Gayle HayesA few weeks ago I had the opportunity to sit down with our resident expert on Innovation Management, Gayle Hayes. I picked her brain on what’s going on in the world of product and service innovation and how Oracle is helping. A new phenomenon is sweeping product development – thanks to an explosion of ideation tools and techniques such as crowd-sourcing, big data, mashups, customer immersion labs, etc, finding ideas is not the problem. With so many to choose from, the biggest questions are now “which idea?” and subsequently, “how do you translate the right idea into a profitable product?"

This is precisely the challenge the new Oracle Innovation Management is designed to address. To learn more about the idea glut and how the new solution helps organizations improve return on innovation investments, read the transcript of our discussion below or stream our podcast. You can even find us on iTunes!

[Read More]

Wednesday Jan 29, 2014

Accelerating New Product Introduction through Automation

Xavor is one of the PLM Track Sponsors of the 2014 Oracle Value Chain Summit. Attending the Summit? Be sure to visit Xavor at Booth #109 and learn more about what Xavor will be discussing during their session at the Summit in the guest blog below authored by Colleen Tunstill of Xavor.



These days, people expect everything in the blink of an eye. Latte? Coming right up. Spilled on that suit right before the big meeting? No problem, the cleaners will have it cleaned and pressed within 2 hours of drop off time. Boss emails you at 11:30 PM? A response is expected within 20 minutes or you’re fired! (Not really but you get the bigger picture). In a world bursting with smart phones, iPads and the latest tech gadgets, we’re accustomed to produce faster, to expedite proficiently, and to generate at higher volumes.

Agile PLM teams receive more and more projects monthly but are limited on time to perform their functions. Time constraints cause problems in creating projects utilizing appropriate tasks, gates, resources, time lines, etc. In addition, Configuration & Change Management take time and require consistency. Users fall behind when continuously backwards referral is necessary. Productivity is affected when data entry requirements are not easily accessed.

This is the time to introduce automation, first as a way to help relieve the time required for standard or repetitive activities and second, as a way to verify the tasks the team is spending time on are error-free. Many customers are realizing significant improvements to their business processes through automation. 

Learn more about the variety and complexity of automation solutions for Agile PLM at the Oracle Value Chain Summit. Presented by Tom Nelson, Principal-Product & Program Management at Xavor, this session will explore Accelerating New Product Introduction through Automation on Tuesday, February 4th at 4:05 PM. In this session, introduced by Oracle, Tom will focus on answering these questions:

  • How can various customizations make project and document management faster and simpler for users?
  • What are the types of customizations and how to choose the most appropriate one for the problem to be solved?
  • Where can companies look to find the best experience in helping them develop these customizations at a reasonable cost with measurable ROI?

The session will also highlight a customer case study that used automation to better leverage Product Portfolio Management and Product Collaboration functionality to accelerate New Product Introductions.  Sample automations that will be discussed include Project Setup, Activity Reporting, Deliverable Submissions and Gate Reviews.

Agile PLM Users: if time, efficiency and your user experience top the list of your priorities, visit us in San Jose! Visit Xavor at Booth #109 and don’t miss Tom Nelson’s presentation: Accelerating New Product Introduction through Automation, scheduled on Tuesday, February 4, from 4:05-5 PM.


Tuesday Jan 28, 2014

Is Product Lifecycle Management the Answer to Driving Innovation in Biopharma?

Kalypso is one of our PLM Premier Sponsors of the 2014 Oracle Value Chain Summit. Attending the Summit? Be sure to visit Kalypso at Booth #113 and learn more about what Kalypso has to offer in the guest blog below authored by Horst Groesser, Partner, Kalypso.


With 2014 underway, biopharma companies continue to face a variety of industry factors: patent expirations, generic competition and pricing pressure from payers that are demanding clearer demonstration of product value. The complexity that results from the drug development process, mergers and acquisitions, and ever-changing and increasing regulatory compliance requirements only adds to the list of challenges.

But the biggest challenge for the biopharma industry continues to be driving sustainable innovation and successfully commercializing new products. To address this, companies have tried various strategies including mergers and acquisitions, scientific partnering and collaborations, and expansion into emerging markets, but have yet to realize their growth targets.

Innovation in the biopharma industry is not going to get any easier, or any less complex. Despite the challenges, is there hope for biopharma companies to drive sustainable growth through innovation?

The answer is yes, but not without a caveat, of course. Innovation in biopharma is often understood as scientific breakthroughs in basic research and discovery. Biopharma companies must change this mindset. While the discovery of new molecular entities is the lifeline for companies, true innovation is not just about the science – it also requires transforming those breakthrough discoveries into marketable products and successfully launching them in highly regulated markets.

Product lifecycle management (PLM) has transformed how products are developed and commercialized in many industries over the last two decades. Can it do the same for biopharma?

Based on our experience working with other regulated, complex industries, we believe that product lifecycle management (PLM) can be instrumental in driving innovation in biopharma.

Why PLM?

PLM can help biopharma companies (1) effectively manage product data from discovery through commercialization, and (2) efficiently register and launch new products in multiple markets while assuring regulatory compliance at every stage of the process. PLM can also enable three core capabilities that enhance innovation performance:

  1. Visibility – Scientists with better visibility into one another’s work improve the chances of “connecting the dots.” Better visibility helps management set priorities and ensure resources are allocated in line with those priorities. It can also smooth the transition from research to manufacturing and commercialization.
  2. Traceability – Better traceability improves the organization’s ability to maintain compliance and address regulatory inquiries. Traceability is at the center of addressing the complexity challenge. Consider how much faster a new drug product could be launched in multiple countries in various strengths or forms if product data was globally accessible in an integrated repository for core product and product packaging data. Such a central repository would allow accelerated changes to the core product and its packaging while maintaining compliance in different regional markets. It also enables improved reuse of knowledge assets by allowing product development teams to retrace development decisions made in the past.
  3. Collaboration – Drug development is a complex, cross-functional endeavor. Increasingly, it involves partnering with researchers from many different organizations. Better collaboration enables a richer understanding of scientific challenges and more innovative product solutions.

Visibility, traceability and collaboration can have a significant impact on business processes such as regulatory submission and product launches, regulatory compliance, product packaging and labeling, and portfolio prioritization – all keys for driving product innovation success in biopharma.

What does the PLM platform look like for biopharma?

To fully describe how PLM can help enable these capabilities, we first defined the PLM platform for the biopharma industry here. Then, we explored how PLM can support a compliant product dataset; facilitate change control, packaging, labeling and artwork changes; and manage new product submissions and international registrations in a series of white papers and publications.

To help biopharma companies get started on their PLM journeys, we also offer and implement Oracle Value Chain capabilities and accelerator solutions that enable them to successfully respond to the industry challenges and sharpen their competitive edge, including:

  • Compliant product data record
  • Product change control
  • International product registrations
  • Packaging and artwork management
  • Quality management 
If you are interested in learning more about driving innovation with PLM, visit Kalypso at booth #113 at Oracle Value Chain Summit (VCS) 2014.

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