Need of the Hour: The global business models have become more complex over time due to economic, social, technical and political changes. Corporations have grown through major acquisitions and then interestingly by divesting their portfolio and walking away from non-core money losing business activities. It’s common to see multiple car programs and teams operating in multiple countries and continents with different core competencies like Styling, Design Engineering or Manufacturing.
Product Lifecycle Management (PLM) is both an enterprise software solution as well as a key business strategy that collaborates and manages all of the critical product information and business processes that go into bringing successful products to market. PLM has matured to become a mission-critical system for successfully driving product development.
Imagine a first time Plan, Design, Engineer, Detail, Manufacture and Manage lifecycle management software implementation or another extreme of a global corporation with more than 20 acquisitions over a decade struggling to consolidate and manage their PLM strategy between own and acquired tools with tools at work like Teamcenter, DS, Windchill, Agile, SAP PLM, Aras and 80 different disconnected database systems like a subway map.
PROLIM aims to help such corporations accomplish their PLM business goals with strong PLM Technology R&D capabilities. Prolim leadership has seen these complexities and has been part of such major solutions. Now we want to solve the unsolved problems of these corporations, help them answer unanswered questions, and overcome challenges with a strong R&D base.
In the last three decades PROLIM has seen the evolution of CAD/CAM/CAE -> PDM ->PLM -> KBE Technologies, Enterprise Software Evolution, SaaS and more so the complexities of these business models. All major global corporations experience the great hunger of wanting to grow through nucleolus and acquired growth. There is ever-growing pressure to improve quality, EPS, revenue margins, and market share, and reducing cost, lead time, waste etc. So the million dollar question is: How to build a product of better quality, faster, cheaper?
We have been part of several global dream teams to design and engineer various product development programs such as the Indian defense surface to air missile programs the US, Japanese and European automotive and aerospace programs, and have seen the successes and failures of major corporations in implementing these CAD/CAM/CAE/PLM tools. All the lessons learned from these experiences have led to the formation of PROLIM. We want to put life into every product lifecycle, and our goal is to help various corporations succeed in their product lifecycle management strategies.