SIX trends that Technology redefine Engineering(Product Design and Devel...

Log in for a Free Class Today!!! Be a Digital Coach: https://bit.ly/3fTwMAX SIX trends that Technology redefine Engineering(Product Design and Development) Introduction : Digitalization Reduce Time to Market & Cost of Product faster incorporation of innovation faster adaption to rapidly changing customer needs Trend 1.Two Type of Engineers In house engineers Outsourced engineers Trend 2.Open Engineering Ecosystem Need to Outsource ,Earlier it was solely for cutting cost Now to access new skills Challenges: Cultural clashes, aligning these two types of engineers, maintain control over design methodologies, lack of standard IT systems, Cyber security Trend 3:Optimizing Design with Product Data more sensor to collect data, digital technologies to collect data, more capability analyze data, real data for product improvement Trend 4 : Customer Centric Product Design : collaborate intensively with customers, product feedback , what they want next Trend 5 : Product Data Management and other IT tools : ease the data flow across company ,removing functional silos, design cycle reduced, speed up development, Challenges: Engineers are reluctant to adopt new IT tools, System Rigidity and Poor User Interface. Trend 6: Implementing Fully Agile Development : quick action on data, large volume of data break to smaller tasks and small teams to do sprints, Result faster product development cycles Conclusion : Realtime Innovation, The Realities of Budget. Reference Source Link :https://www.industryweek.com/leadersh... Please put your questions and answers on this subject as comments. Let us have your brain-storming comments below and its an opportunity get different perspective and learn. Thank you