In our recent “Leveraging AI* for built asset Digital Twins – Turning scattered data into strategic assets” webinar, we emphasized the foundation formula (Jeffrey Ding & Allan Dafoe) for strategic asset management, ensuring the transformation of data into valuable strategic assets. This formula is a cornerstone of our approach to managing and leveraging data for […]
What data for Strategic Asset Management? Read More »
At Eurostep, our approach to data management underscores a critical distinction between big data and small data, each with its unique characteristics and applications. During our “Leveraging AI* for built asset Digital Twins – Turning scattered data into strategic assets” webinar, we delved into this differentiation, illustrating how our strategies effectively leverage both data types
Big Data vs. Small Data: Eurostep’s approach to Built Asset Digital Twins Read More »
Unlocking seamless integration and operational excellence through global standards in the process industry The digital age has ushered in countless opportunities for industries to innovate, optimize, and evolve. This is particularly evident in the process industry, where the flow of data across various stages can be a make-or-break factor in efficiency and productivity. The myriad
Enabling digital transformation in the process industry through standardization Read More »
Unlocking the future of sustainable business: How PLM fosters collaborative sustainability In an era where the climate crisis looms as an existential threat, businesses across industries are grappling with the complex challenge of transitioning to sustainability. One avenue that is increasingly gaining attention is collaborative sustainability—working together to break down barriers and accelerate progress towards
Unlocking collaborative sustainability through PLM platforms: A case for ShareAspace Read More »
Why effective engineering change management is crucial for modern businesses Engineering change management is no simple feat, especially when you consider the sheer number of variables, activities, and stakeholders involved. It involves a complex workflow of creating, reviewing, and obtaining formal approvals for various engineering changes. The process is crucial for ensuring product quality, minimizing
The ultimate guide to streamlining Engineering Change Management with PLM platforms Read More »
In today’s evolving business landscape, carve-outs have become a standard tool for companies looking to refine their focus and divest non-core assets or units. While carve-outs involve multiple complex processes like legal compliance, HR transition, and financial re-evaluation, effective data management stands out as a critical success factor. This article zeroes in on best practices
Introduction Product Lifecycle Management (PLM) is a complex process that becomes even more intricate when it involves various stakeholders like OEMs, suppliers, and design partners. As organizations move toward globally interconnected networks, the digital thread emerges as an indispensable tool in PLM collaboration. This article explores the role of a digital thread in enhancing PLM
The Role of a Digital Thread in PLM Collaboration: The backbone of global value networks Read More »
Introduction Product Lifecycle Management (PLM) is the strategic discipline applied within an enterprise to create, govern, and leverage all product-related knowledge—from the first spark of an idea through detailed design, industrialisation, service, and end-of-life—so every internal stakeholder works from one authoritative product record. Practised properly, PLM weaves a continuous digital thread that links engineering, manufacturing,
As manufacturing races into the future, there’s one concept consistently rising to the top of every conversation: the digital thread. At first glance, the term might feel a bit abstract, but its implications are profound. Think of the digital thread as the connective tissue that links every phase of a product’s existence, ensuring you always
In today’s fast-paced manufacturing landscape, two terms stand out as transformative: Digital Thread and Digital Twin. While they may seem interchangeable, understanding their unique features can empower businesses to create agile, efficient, and competitive production systems. A Digital Thread serves as a communication backbone, facilitating the seamless flow of product and asset data throughout their
Understanding the key differences: Digital Thread vs. Digital Twin explained Read More »
