PROSTEP Interviewed for Analyst Research on PLM Evolution
PROSTEP, Inc., a global leader in PLM integration and digital transformation solutions, has been interviewed for Forrester’s report, “Prepare for PLM Transformation.”
PROSTEP, Inc., a global leader in PLM integration and digital transformation solutions, has been interviewed for Forrester’s report, “Prepare for PLM Transformation.”
It is a well-known fact that PROSTEP’s business model is based on three pillars that complement each other perfectly: (strategy) consulting, the development and sale of proprietary software solutions for integration, migration, data exchange and end-to-end digitalization, and the development of custom software. Thanks to this combination of different capabilities, we have achieved a fairly unique position on the German-speaking PLM market and are greatly appreciated by our customers. However, these three pillars are not yet equally strong. That is why we have set ourself the goal of systematically expanding our consulting services over the next few business years in terms of both content and geography.
PROSTEP plans to present the new version 10 of its PLM integration solution OpenPDM at the end of November – another step towards making OpenPDM available as a SaaS offering. At the same time, we are continuing to move forward with the coordinated modernization of OpenPDM and our data exchange platform OpenDXM GlobalX with the aim of bringing the two solutions together on a shared platform.
ChatGPT has transformed artificial intelligence (AI) into a topic that is surrounded by a lot of hype. While AI is already being used in production, it is only just starting to be adopted in the product development field. In an interview for the PROSTEP Newsletter, Professor Roman Dumitrescu, one of the directors of the Fraunhofer IEM in Paderborn, explains the potentials that enterprises are letting pass them by.
Data exchange requirements are becoming increasingly stringent – not only in terms of technology and regulations but also in terms of data security. Transfer processes like OFTP, which have proven their worth in Europe, are still relatively unknown in Asia. Magna in Graz therefore uses the web-based platform OpenDXM GlobalX from PROSTEP for global data exchange.
PROSTEP subsidiary BHC is expanding the range of product and application lifecycle management (PLM/ALM) services it offers. In the future, we not only want to provide greater support to companies from the automotive industry but also to SMEs that manufacture smart, mechatronic products when it comes to consolidating their software and product development processes. The key to this is expanding our partnerships with leading ALM vendors.
As part of the Manufacturing-X initiative to create trusted data spaces for manufacturing industry, the German Federal Ministry for Economic Affairs and Climate Action (BMWK) is providing funding to the Decide4ECO consortium project headed up by PROSTEP. The project will address the question of how products can be developed and manufactured in a more sustainable manner and how this sustainability can be evaluated. Integration in data ecosystems plays a key role in this context.
PROSTEP is expanding its collaboration with MTT Solutions GmbH, which specializes in the digitalization and optimization of business processes in the SAP domain. The Benediktbeuern-based IT services provider will support us with ERP integration in customer projects and help us to further develop our integration solutions for SAP.
At PROSTEP, over 80 programmers work on the software solutions that we develop ourselves and help big-name customers develop their own PLM applications. The use of agile methods has enabled us to increase the efficiency of our development teams continuously in recent years. The next step in the improvement process is the use of AI-based development tools.
“ACO. We care for Water” is the guiding principle of the ACO Group. The world’s leading water technology company has placed its existing Teamcenter installation on a new footing with the aim of standardizing engineering processes and making it easier to connect other ACO subsidiaries to the PLM solution. PROSTEP assumed responsibility for migrating the CAD and PLM data to the new system environment.
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