A digital transformation for small and medium enterprises holds the possibility for significant growth and improvements across an organization.
The right solutions and tools, however, are often cost-prohibitive and out of reach.
Small and mid-sized manufacturers need access to proven technology capable of turning their challenges into opportunities.
Watch this on-demand webinar and discover affordable solutions that are also flexible, scalable, and affordable.
Engineering in Small and Medium Businesses (SMBs) Survey by Lifecycle Insights
Lifecycle Insights recently surveyed small and mid-sized manufacturers to learn more about the challenges they face.
The survey reached more than 500 key decision-makers from around the world in a variety of industries.
This webinar explores the survey results with insights from three speakers discussing how SMB manufacturers are addressing these unique challenges.
Watch the webinar to learn about the strategies and initiatives manufacturers are using to succeed and grow their businesses.
Challenges Faced by Small and Medium Businesses
Companies large and small face different challenges, but SMB manufacturers in particular regularly need to do more with less.
The challenges most likely to impact a company’s outlook on improving mechanical design include:
Maintaining development schedules and deadlines
Satisfying target requirements
Differentiation from competitive offerings
Coordination with OEMs, suppliers, and partners
Complying with regulatory requirements and standards
Shrinking development budgets
Setting and hitting cost targets
Hiring, developing, and retaining quality talent
The right software tools can initiate a digital transformation for small and medium enterprises, leading to success and growth in the long term.
Mechanical Design Problems for SMB Manufacturers and Solutions with Accelerated Engineering
According to the survey discussed in this webinar, the majority of companies are making efforts to improve the mechanical design process.
Those improvements come in many forms:
Changes to processes, tasks, and activities
Different roles, responsibilities, skills, and training
A new way to look at metrics, measurements, and KPIs
Switching to new software solutions or computer hardware
After implementing any number of these improvements, many SMB manufacturers expect to see improved profit margins, increased productivity, shorter lead times, and better talent retention.
Meet the speakers
Chief Analyst and CEO
Chad leads the company’s research and thought leadership programs, speaks at industry events, and reviews emerging technology solutions. Chad’s twenty-five-year career has focused on improving executives’ ability to reap value from technology-led engineering initiatives during the industry’s transition to smart, connected products.
Vice President of Industrial Machinery and SMB Programs
Though the role sees Rahul wearing many, varied hats, he is in his element delivering Siemens DISW Industrial Machinery solutions to help manufacturers develop competitive products and fill portfolio gaps and now with a laser-focus on SaaS-based solutions and creating effective GTM strategies, and business practices that support SMB customers achieve continual success.
Business Development Manager
Dave is focused on industry solutions from the Solid Edge portfolio. David has 30 years of application engineering, project management and marketing experience and has been involved in many successful PLM implementations in small and medium sized manufacturing organizations globally.