concurrent engineering

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Related to Product lifecycle management: Product life cycle

concurrent engineering

n
(Marketing) a method of designing and marketing new products in which development stages are run in parallel rather than in series, to reduce lead times and costs. Also called: interactive engineering
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References in periodicals archive ?
Cloud-Based Product Lifecycle Management (PLM) market worldwide is projected to grow by US$48.4 Billion, guided by a compounded growth of 16.9%.
Companies using Infor Optiva PLM can reduce the time to develop new products 50% or more by simplifying development processes, improving supply chain collaboration, and integrating product lifecycle management with enterprise resource planning (ERP) and other core processes.
It also strengthens Selerant customer support for German-speaking countries across the entire Selerant product suite inclusive of its Product Lifecycle Management software DevEX and its regulatory and compliance software The Selerant Compliance Cloud.
Addnode AB (STO:ANODB) on Monday announced that its subsidiary, TechniaTranscat, has signed a new agreement with Stadler, a leading train manufacturer, covering implementation, software and services of a product lifecycle management system.
[USPRwire, Wed Jun 10 2015] According to a new market report published by Transparency Market Research Product Lifecycle Management Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2022, the global PLM market is expected to reach a value of US$ 75.87 Bn by 2022.
Product lifecycle management (PLM) software, a critical subset of industry software, is a set of integrated solutions used throughout a product's completelifecycle, from design through to retirement.
The company pioneered 3D modelling and digital mock-up technology and first brought PLM (product lifecycle management) to the market.
3DEXPERIENCE is the next step in the evolution of Product Lifecycle Management (PLM), and Dassault Systemes' 3DEXPERIENCE is an ideal platform to enhance business processes and achieve higher ROI."
Subsequent to a comprehensive benchmark testing and selection process with the software being evaluated over 36 parameters, the Defense Research & Development Organization (DRDO) had selected Windchill, PTC's Product Lifecycle Management (PLM) software over all the major PLM software providers participating for Combat Vehicles Research and Development Establishment.
Provider of 3D and Product Lifecycle Management (PLM) solutions Dassault Systemes (Paris:DSY) on Wednesday announced that its Version 6 solutions have been chosen by aircraft manufacturer Cessna Aircraft Company.
According to the company, by unifying MKS's ALM solutions with PTC's product lifecycle management (PLM) solutions, PTC will enable manufacturers to better align the management of a product's hardware components and related software.

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