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The Supply Chain Management Blog covers the latest in SCM strategy, technology, and innovation.

Your Innovation Platform for the Digital Thread

Ulf Koester
Solution Director Oracle Digital Transformation Solutions

The Need for Continuous Innovation

New technologies, Products, Services and Business Models evolve, so PLM and Engineering must evolve, too. Organizations need to adapt, tightly linking cross-functional Engineering with IT, in order to develop and manage connected products. Not to mention, this requires collaboration and data integration.

Today, PLM needs to become an Innovation Platform, a Smart Connected Applications (Platform) that creates a Digital Thread. Product Lifecycle Management, Supply Chain Management, Manufacturing, Maintenance, Quality Management, Service and Customer Experience need to work together cohesively in a connected world. This means they should be digitally threaded across the enterprise with real-time IoT data and applications, Collaboration, Social and Data, and Cloud.

Oracle is the only Tier1 PLM provider that’s making the significant investment to deliver a connected, next-generation, Innovation Platform that will meet the needs of modern businesses for the next 15 years.

Your Foundation for On-Premises to Cloud

Oracle has established the foundation for organizations looking to go from on-premise to the cloud. With the customer in mind, Oracle has built best-in-class SaaS applications so you no longer need to staff an entire IT department for new product introductions and product launches. With a true Software-As-A-Service deployment, the cost is stable and the value of the investment always increases as we continue to add more innovation into the Application Services.

True to our customer first approach, we will always deliver the next-generation of PLM Software. And this smarter connectivity will only make it easier for you to adopt new business models like Product-As-A-Service. Did we mention that Oracle’s PLM Cloud technology comes with built in analytics enhanced by IoT applications, and is integrated with adaptive intelligent (AI) apps to plug Machine Learning into your decisions? Ultimately, this enables you to streamline the development of connected products and services.

Agile PLM Customers, you are safe

Oracle has a longstanding commitment to making each individual customer successful. Critical to this initiative is our continued support of our Agile PLM customers–not just for today, but for a lifetime, as part of our Oracle Lifetime Support Policy. Our customers enjoy the benefits of the industry´s most comprehensive support coverage, which provides major product and technology releases, 24x7 assistance with service requests, access to My Oracle Support including Knowledge Base, and much more.

The Oracle Applications Unlimited program is Oracle's promise to continuously innovate in current applications while also delivering the next-generation of Cloud applications. Customers also have access to Oracle’s product roadmap to plan upgrades, allocate resources, and secure budgets, they can tailor their enterprise business and IT strategies, enjoy reduced downtime, shorter upgrade cycles, and proven upgrade paths and methodologies.

But it is not simply an “Either” – “Or”. Oracle provides a flexible Path to the Cloud. We make it easy to augment existing Agile PLM installs with added value from PLM Cloud: Adding Innovation Management (IM) to Agile PLM provides Ideation, Requirements Management and Traceability and Innovation Portfolio Management. Adding Product Hub Cloud to Agile PLM provides Commercialization to your existing PLM/ERP solution, and forms the basis for a migration to next generation PLM that bridges the gap between product development and the downstream processes. The appropriate Out-Of-The-Box integrations are available. If you’re a net new Oracle PLM Customer, we suggest you onboard PLM Cloud directly for quick return on innovation.

Digitally Thread PLM across ERP, SCM, and CX

The industry has talked about PLM managing the enterprise product record for years. The reality is, however, that traditional PLM systems have created a consolidated Product Development Record but leaves the  Enterprise product record fragmented with product records everywhere: In Product Development, Manufacturing, Maintenance, Quality Management, IoT…. Yesterday’s PLM does not deliver the speed required to achieve Digital Transformation or the Digital Thread.

 

 

 

 

 

 

 

Companies looking to pursue their own Digital Transformation need to invest in connected real-time applications (platform) to create a digital thread that radically improves speed and customer experience. Today, streamlining product records creates a new business architecture: a true Enterprise Product Record for the Digital Thread that delivers a complete 360 view of a product, its changes and quality and business process flows through all other applications in the thread. This is what Oracle does differently. It delivers a unique value proposition because PLM, SCM, CX and ERP are all on a single platform with a single data model. And with our open architecture, your company can perform easy integrations to legacy or third party systems.

Together with our partners we are well equipped to support our customers in any stage of their PLM Cloud Transformation. We have the migration tools to move from Agile PLM to PLM Cloud, and we have the integrations if you want to co-exist. Our partners have built extensions, for example Inspirage has built a solution for Governance and Compliance, Kalypso has built an extension to manage recipe formulations, and XPLM has built integrations from PLM Cloud to MS Office and CAD.

The guiding principles for a future-proof and safe path for Oracle’s adaptive PLM are openness and choice, added value for our customers, and simplicity and ease-of-use. We will, as always, continue to put you, the customer, first.

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Watch this on-demand webinar to hear from Oracle's John Kelley, VP Product Value Chain Strategy and CIMdata’s Michael Fry, Practice Director for Manufacturing Systems Engineering, and PI PLMx as they discuss how organizations are using the best PLM solutions to meet the expectations and demands of the fourth industrial revolution (4IR).

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