Calculation Information Management - Making the Most Out of Math: Industry Research

Calculation Information Management - Making the Most Out of Math

Published Date: March 2004

Published By: IDC

Page Count: 10

Order Code: R104-14584

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This IDC study on calculation information management explores the hurdles and benefits of introduction into the product life-cycle management process within discrete manufacturing enterprises. Among the hurdles are the persistent silo mentality within engineering departments, concern about security, and unwillingness to spend time learning how to use and manage a new work process that at first glance does not contribute value to product design. However, a closer look at calculation information management will demonstrate a wide range of benefits both within the engineering departments and within the extended business network. Gisela Wilson, director of Product Life-Cycle Management, says, "The time for the electronic management of calculations and their underlying assumptions has definitely come. Calculations are too important a part of a manufacturer's intellectual property to remain unsecured in desk drawers or on PC spreadsheets. A well-designed calculation information management system will assure proper monitoring of access and data sharing and preserve calculations as part of the overall product file for quality control or later reuse of the design."

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