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Research shows that 97% of hardware startups fail because they didn’t deliver their product on time, there was a lack of consumer demand, a high burn rate, product strategy mistakes, or regulatory uncertainty.1 Hardware product companies produce a broad range of advanced hardware and equipment ranging from medical devices, battery technology, and cyber-electronics to home appliances, networking...
There is a strong demand for the global transition away from vehicles with conventional internal combustion engines (ICE) toward those with electrified powertrains. The demand is creating greater complexity for original equipment manufacturers (OEMs) and their supply chains. Electric vehicles (EVs) market unit sales are expected to reach 2.13 million vehicles by 2027.1 To meet this target, OEMs...
On May 15-18, 2023, over 10,000 industrial enterprise professionals convened virtually and in person at the Boston Convention and Exhibition Center to attend LiveWorx, PTC’s premier digital transformation event. This year’s forum was all about harnessing the power of digital to help manufacturing companies improve efficiencies and deliver better products and services. It featured: Engaging...