THE PEOPLE WHO POWER DIGITAL TRANSFORMATION AT LIVEWORX 2023
Minneapolis, MN, U.S.A – 2023 EAC Product Development Solutions, an award-winning PTC Solutions Partner and Global Services Provider, returns to Boston May 15-18 for LiveWorx 2023 with seven presentations covering today’s most impactful solutions in the manufacturing space.
EAC partners with companies to help them navigate their digital transformation journey by providing extensive capabilities that span the entirety of the manufacturing process, including solutions such as Computer-Aided Design (CAD), Simulation, Additive Manufacturing, Product Lifecycle Management (PLM), the Industrial Internet of Things (IIoT), Augmented Reality (AR) and more.
“We are excited to be a part of LiveWorx 2023 and to have the opportunity to showcase our latest technology solutions,” said EAC’s Chris Woerther, VP of Business Development. Our team of experts is looking forward to connecting with attendees and sharing how our solutions can help businesses succeed in the digital age.
LiveWorx 2023, the world’s premier digital transformation conference, brings together innovators, forward-thinkers, and experts to explore the latest technologies in digital transformation. EAC provides the essential services, support, and strategic expertise that manufacturing companies need to extract the maximum value from technology investments.
As such, EAC has been selected to present seven sessions at LiveWorx 2023:
[AR1088B] – Creo Illustrate for AR Developers
Monday, May 15 2:15 PM – 2:45 PM EDT | Breakout Session 102 B
Clay Helberg, EAC Solution Architect, will provide insights into Creo Illustrate, a powerful tool for creating engaging augmented reality (AR) content, and the key insights you should know to get the best use for authoring.
[PL1842B] – Minimum Windchill Implementation to Achieve Significant ROI
Monday, May 15 3:10 PM – 3:40 PM EDT | Breakout Session 105
During this session, Chris Woerther, EAC Vice President of Business Development, will present how to achieve strong ROI by expanding Windchill usage to other departments and the shop floor to share product data and create a closed-loop change process with minimum implementation.
[AR18431] – AR and Expert Capture – How Easy it Can Really Be to Get Strong ROI
Tuesday, May 16 8:15 AM – 8:30 AM EDT | IgniteTalX Stage 1
Todd Liebenow, EAC Senior Application Engineer, will discuss the significance of Augmented Reality in capturing, standardizing, and sharing workforce knowledge, including how it improves efficiency and speeds up onboarding and training for new employees.
[CA1179B – Why Model-Based Definition?
Tuesday, May 16 2:50 PM – 3:20 PM EDT | Breakout Session 205 A
During this presentation, Stephen Pralle, EAC Application Engineer, will explain what model-based definition is, why it is beneficial, and how to implement this strategy into the product development process.
[PL18451] – Assessing Your Business Practices to Find Optimization Opportunities
Wednesday, May 17 8:15AM – 8:30AM EDT | IgniteTalX Stage 2
Scott Dufresne, EAC Business Development Manager, will discuss the significant business benefits assessments achieve and how they identify areas of improvement in design, management, operations, and service sectors.
[CA11801] – Rapids Prototyping Made Simple with Creo Additive Manufacturing
Wednesday, May 17 2:45 PM – 3:00 PM EDT | IgniteTalX Silent Stage
Stephen Pralle, EAC Applications Engineer, will present the power of Creo and Additive Manufacturing together for earlier design success that enables faster time-to-market.
[CA1181I] – Simulation-Driven Design with Creo Simulation Live
Thursday, May 18 10:15 AM – 10:30 AM EDT | IgniteTalX Silent Stage
Stephen Pralle, EAC Application Engineer, will showcase the powerful capabilities of PTC’s Creo Simulation Live (CSL) to easily leverage simulation earlier in the design process with real-time feedback to save time and boost innovation.
Attendees will have the chance to speak with EAC industry experts and leaders to explore the best-fit solutions to drive business growth and achieve their strategic goals.
Check out our Digital Transformation blog featured on the PTC LiveWorx page:
EAC will be available throughout the conference at Booth No. 700.
Liveworx is happening at the Boston Convention and Exhibition Center on May 15-18, 2023. To plan your agenda and attend EAC’s live sessions, visit www.liveworx.com.
For more information about EAC Product Development Solutions, visit www.eacpds.com.
EAC Senior Marketing Manager
Jessica Magelssen – firstname.lastname@example.org
PTC Senior Director, Global Corporate Communications
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Often times we can find ourselves knowing where we want to go but not knowing where to start. This is a common theme when it comes to digital transformation. Not surprisingly, we have seen many of our customers use EAC assessments as the first step to open up a world of opportunities for their company to grow and evolve its processes.
JR Automation has been an EAC customer for over a decade, and when we first started working with them, the first action was an EAC assessment. We were able to provide them a customized roadmap for success and prove how JR was going to achieve it. EAC has helped JR Automation find ways to save time, save money and increase efficiency – with savings over $1.4 million every year. JR took the first step with EAC helping them to find that starting point. Today JR continues to find new ways to innovate and evolve with growing customer demands in a highly competitive marketplace.
What to Expect from an EAC Assessment
Assessments can seem daunting at first. You may be asking yourself questions like, “Are they going to come in and tell us all the things we are doing wrong?”
In reality, our goal with assessments is to identify your current state and production and manufacturing processes, assess the maturity of your operational technologies, and work with your team to pinpoint an ideal future state. Making transformational changes to a company can be a sizable cultural shift and we help companies prepare to make that change. There are risks you take when you don’t assess your current situation, and we want to help you minimize those risks.
Functional Group Assessment (FGA)
The EAC Functional Group Assessment provides an objective format for your functional groups to truly understand their creation, consumption, and delivery of product data. These groups could consist of any cross-sectional team members from engineering, design, manufacturing, sales, marketing, or management.
During an FGA, our team of subject-matter experts will work to understand how your key team members work daily to complete the product development process. After the evaluation is complete and our experts have uncovered your current processes and technology usage, we will help you establish a roadmap that will lead your company to higher productivity and savings across the board.
After our findings have been documented and studied, we will lay out new possible methods and functions to improve overall productivity. These recommendations could include ways to improve capability gaps, business policy improvements, procedures that ensure efficiency and alignment, or strategies for training to maintain efficiency.
The benefits of an FGA could span from understanding your Functional Group alignment to business objectives and initiatives and their use of existing toolsets to examining processes and daily tasks that reflect your current state. We also uncover overall awareness of opportunities for improvement and bring alignment to Functional Vision for your desired future state.
Ultimately, we help you create a plan to achieve that desired state so you can spend less time wondering how to grow and more time-saving money through innovation. Companies like ITW Paslode and Nordco have taken advantage of the FGA and have seen the financial value in getting started on the transformational journey.
Digital Transformation Assessment (DTA)
Similar to the FGA, a Digital Transformation Assessment is an EAC-provided service that explores an organization’s product development system functionality. Our experts look at an organization’s operations and provide broad insight into improvement initiatives and establish a strategy for achieving operational improvement of a product development system.
When working through this assessment, our team has candid one-on-one discussions with your team members where we uncover what is working well, any occurred costs, and evaluate optimization opportunities.
The results that stem from an EAC Assessment are unmatched. Companies are discovering data they never knew were siloed, teams that were frustrated with processes, and many other disruptions in production. After uprooting and addressing these issues, companies like JR Automation, HyrdaForce, DRS, Merrick, and Systems Control are able quote more business and respond to customers faster – increasing their profit as well as employee and customer satisfaction.
Streamlined Digital Transformation Assessment (SDTA)
Similar to the functional DTA, the Streamlined Digital Transformation Assessment focuses on the interviews and direct inputs from your team members. However, it does not include an online survey and corresponding metric output. This assessment is offered as one variation of the Digital Transformation Assessment to fit your specific needs.
This assessment is a great fit for companies that have the desire to optimize their product development system, have the approval to move forward with the optimization, but are unsure where to start or what to focus on first.
While there are a few exclusions from the full DTA in this assessment, our team still coordinates select participants to plan and schedule the execution of individual interviews with participants involved in the assessment. This process will be a higher level approach than a full DTA, and may not include as many details or metrics. This assessment is still an excellent tool to explore your current business functions and define a roadmap to success.
Digital Manufacturing Assessment (DMA)
The Digital Manufacturing Assessment evaluates the overall state of your current product development systems regarding IoT initiatives, provides broad organizational visibility to improvement initiatives and identifies an IoT solution roadmap to help you determine the very first steps you should take on your digital transformational journey.
After evaluating your current manufacturing practices and operations, our experts will identify the best opportunities for growth that align with your corporate goals. When Kimray did a DMA with our team, they were able to recognize technology and solutions that would integrate with their current processes and also propel them to the next level in production. Together we developed a strategic roadmap that enhanced their processes.
The opportunities and pathways are endless to how your company can achieve digital transformation in the same way – a DMA is a great place to start.
Value Stream Mapping Assessment (VSMA)
A Value Stream Mapping Assessment consists of documenting the key action steps during production, gathering information from inputs and outputs, examining the systems used to manage that information, and pinpointing key optimization opportunities at each step. After, our experts work with your team to define an ideal future state of your product development process. The future process documentation outlines key improvements needed in business principles, policies, processes, and procedures utilizing the latest systems available to you to facilitate those improvements. Our EAC experts then defines a high-level roadmap and guidance on how to achieve those improvements.
During a VSMA, your team can expect to receive an important strategy that documents your current state including process documentation, pains, and what those pains are costing your business. With this information, together we will curate the vision of your future state – what your development could be – and create a roadmap on how to get there.
The company MEANS had EAC come in for a VSMA and was able to get a roadmap on system integrations that opened up the opportunities for better processes to connect their company. With an EAC roadmap, MEANS was able to realize a future state of streamlined processes to get their product to market faster and with less downtime.
When to Start
Now that we’ve answered the “what” and “why” of EAC assessments, the next question is “when.” Knowing you want to take your business to the next level, but feeling like you don’t how or where to start is the perfect time to invest in an assessment. Our ultimate goal is to understand your unique enterprise, your corporate strategic goals, and its current state, define your ideal future state, and plan an achievable way to get there together. EAC’s Assessment services can be the stepping stones for long-term company success and Digital Transformation.
Want to hear more testimonials or see which assessment would fit your company best and see how we could transform the way you do business? Connect with one of our experts!
The future of digital transformation is happening now, and it is driving the future of all industries. This article highlights just about everything you need to know about the impacts and trends involving digital transformation.
No matter where your company resides on its digital journey – or even if you have yet to start with digital transformation, this article is just for you.
What is Digital Transformation?
Digital solutions not only enable organizations to achieve new levels of efficiency through automation, but they also open doors for creativity and innovation (rather than simply enhancing and supporting traditional methods).
Although applying the use of digital technology to solve traditional problems can offer numerous business advantages, many organizations have yet to begin the journey with digital transformation.
Digital Innovation: Where to Start?
If this is the case with your organization, – don’t worry, you’re not alone.
According to a research study performed by Accenture and the World Economic Forum, 80% of executives stated they were completely convinced ‘digital’ advancements would fundamentally change and transform their industry within the next 5 years!
That’s right. Eighty percent! … And they’re not wrong at all!
In fact, digital technology has not only already begun to transform industries, but it has also started to transform the way the world experiences products. Despite the ability to recognize the effects that digital processes will bring, only 17% of the studied executives stated they had a strategy in place to address the challenge of digital transformation.
This left a shocking 87% to admit they had no current digital strategy in place whatsoever! This is exactly why, if you have not yet started your digital transformation journey, it’s important to realize A) It’s not too late and B) You are not alone. There is no better time to start than now!
Organizations are realizing the significant impacts that the digital transformation era brings and how it’s going to drastically change just about everything when it comes to the way we do business.
The Impact of Digital Transformation
The process of digital transformation is creating entirely new ways of doing business. It has begun to create new experiences for customers while adding entirely redefined value propositions for mature product segments.
This era of digital transformation has started to impact and define what products are and what they mean to businesses and consumers.
Product perceptions are changing
This means the rise of digital transformation has driven consumers to be sold by the outcome of the product – the recurring value. Manufacturers can address this shift in the market demand archetype by embracing three technology categories – Internet of Things (IoT), analytics, and mobile.
The future and advancement of technology is happening now
Established power plays and industry lines are beginning to blur. You cannot wait until some time in the near future to start your digital journey.
If your organization is going to succeed going forward, you won’t want to be left behind in this new industrial revolution, or you will fail.
Whether or not you’ve noticed if your industry has been affected yet, the key message is the effect of these disruptive technologies doesn’t discriminate one sector or industry. Every industry will see a major impact due to these digital technology advancements… And it is happening right now.
‘Business as usual’ is no longer an option. Organizations must adapt in order to survive.
The future of Digital Transformation: Smart, Connected Products
Digital transformation is reinventing products. Products from cars, to jet engines, to pumps, to heavy equipment, to medication, and more!
Machines, assets, and devices are starting to communicate, learn, and react to newly accessible context as they exchange and leverage data from sensors.
We are talking about the area of ‘living products’ – meaning transformative products that are responsive, collaborative, reactive, and responsible. Whether products are B2B or B2C, there will be a totally different process in the way we think about how our customers are using our products in the near future.
The future is now. Don’t let the opportunity slip away.
The first step in your digital transformation journey should be a strategic one. Understand where you are, where you want to be according to your current framework or understanding, and where you’d like to be as you embrace future technology and evolve with changing markets and new opportunities.
EAC Product Development Solutions would like to help you begin your transformation. We provide the people, technology, and services to make any transformation successful. The first step should be a Product Development System Assessment (PDSA). This will help you understand the opportunity that lies in front of you. Request more information on the PDSA today and start taking your digital transformation seriously.
Our Product Development System Assessment will help you start your digital transformation journey