Nov. 22, 2017

How a Cloud-Based Product Realization Platform Accelerates IoT Product Development

Posted in PLM, Arena, IOT
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While pain points, regulatory hurdles, and adoption rates can vary widely across industries, one challenge that impacts every Internet of Things (IoT) company is the critical need to move fast. To ensure first mover advantage in a highly competitive industry, more and more IoT consumer electronics companies rely on a cloud-based product lifecycle management (PLM) solution to innovate while accelerating time to market. This is particularly true when products have complex embedded electronics with a high rate of change.

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The Internet of Things (IoT) is a trillion-dollar product design trend defined by the interconnection of “computing devices” embedded in everyday objects, enabling them to send and receive data. It’s an exciting time for product companies and with the right design tools in place they can streamline processes, change directions, and meet demands for new opportunities in the booming Internet of Things market.

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Arena Training Management is a cloud-based solution embedded in our product realization platform that ensures regulatory and corporate compliance, increases effectiveness for training programs, and streamlines training processes. It helps you create and manage your employee and partner training plans, with a single secure system connected to your product and quality processes. 

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Why is cloud becoming so increasingly popular with manufacturers? The answer is simple. Manufacturers are constantly looking for ways to improve the efficiency of new product introductions (NPI). Getting to market faster, easier, smarter, and more affordably are keys to success, especially in a competitive market where opportunities appear, and disappear, at the drop of a hat.

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Choosing the right component part at the right time is one of the most important aspects of medical device product design. Unfortunately, many medical device or high tech companies don’t utilize a standardized method for selecting electronic parts. A component database, when integrated with a product development platform, is the only realistic way medical device companies can comply with ever-changing compliance mandates and frequent adds to both the REACH and RoHS hit lists.

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Good design processes lead to great easy-to-use products, which translates to customer satisfaction, which inevitably results in business success. But what defines good design processes in the first place? Putting the customer first by using your ears. 

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As a global manufacturer, perhaps you’re aware of the Benelux region. It’s a magical place that includes the Netherlands, Belgium and Luxembourg. In the Benelux region, Arena has a partner, ProductStream. In this four-part blog post series, we spoke with ProductStream executive Ard Zonneveld to discuss this fascinating market where innovation rivals that of Silicon Valley.

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