Facebook is making changes again -- and this time it is targeting small business owners. "The social network launched an initiative called Facebook Fit, a series of 'boot-camp' like events to help smaller business leverage online tools including Facebook Pages," USA Today announced on Tuesday, May 6. Facebook is not just blowing smoke; key technologies can easily guarantee the ongoing success of small businesses. What exactly is Facebook proposing, and what are some similarly essential technologies?
By Dave Hadfield, VP Customer Solutions with editorial support from Jon Nelson, VP Operations
Tags: Medical Devices, Future of Medical Devices, Medical Devices with super powers, Life Sciences
I attended COFES 2014 this past week. It was an excellent event bringing together some of the world’s best engineering minds.
Tags: Medical Device Manufacturing, Medical Devices, Device Manufacturing, Product Development, COFES
It's a dog-eat-dog world out there, and most businesses are looking for the edge they need to get past the competition. As many find out the hard way, you need more going on than a lot of Facebook likes in order to start generating more profits and reducing the daily costs of operations. What can your company do in order to create better, sustainable management practices? Here are three tips.
Tags: PLM, PLM Technology
Is your st
artup business doomed to fail? Statistics say yes. According to Forbes and Bloomberg, eight out of 10 new businesses go under within 18 months or less. The silver lining, perhaps, is that entrepreneurs make the same -- avoidable -- mistakes. The odds may be stacked against you, but there are some ways you can fight back and come out on top.
Tags: PLM, PLM Consulting, PLM Results, plm solution, PLM system, PLM Strategy
This week, Staples made the surprising announcement that it will close 225 of its North American stores by the year's end -- a move that sent chills through stockholders, as shares dropped over 10% before markets opened. The recession had done its damage to the industry, which faces increasing competition from online retailers.
Tags: plm solution
It's important to constantly re-evaluate your business to see what can be improved for profit longevity and future growth. "Business has only two functions -- marketing and innovation," Czech writer Milan Kundera once said. It's true that marketing and innovation are the heart of what makes a business relevant to consumers, and therefore successful. How can you continue to innovate your company? Here are three possible solutions.
Tags: PLM, product lifecycle management
Dedicated requirements management tools are available to manage product, user, system requirements for new product introduction projects. These tools can be feature rich and very good, at least within the isolated context for which they were intended. For example, with a dedicated requirement management tool it’s possible to define a hierarchical set of requirements starting with a product concept, through critical-to-quality user needs and down to detailed functional requirements. Another key feature is tracking test cases and interfacing those with the tool, often it’s possible to automate the generation of traceability reports and validation protocols, whose accuracy is paramount.
Tags: requirements management, requirements gathering, PLM requirements, requirements integration
If you're one of those individuals who has to sit and wonder "what is PLM software" when asked, you're probably missing out on something that could provide you with a number of benefits to your business. Product lifecycle management systems are used to examine and manage the lifecycle of a product, from its initial conception, to the very end when it is no longer of use to anyone.
Tags: plm solution, PLM implementation
