The Interview: KC Yee, Senior Vice President and Managing Director, Asia Pacific, Siemens PLM.
KC Yee discusses the Asian manufacturing industry and the need for simulation-driven design in today’s manufacturing world to increase efficiency, productivity and profitability. How do you see the future of manufacturing industries globally? And what is Siemens PLM’s role for the future growth for the manufacturing industry? We’re beginning to see the convergence of manufacturing and information technology, also known as the ‘Internet of Things.’ With more ‘smart’ machinery now connected to the internet and capable of capturing real-time data, product complexity is becoming a big issue, and many traditional manufacturing companies just aren’t equipped with the kind of in-depth IT infrastructure on the product design side. The important thing to realise here is that the manufacturers need to effectively become IT companies in order to capture, control and profit from the data generated by this new generation of smart industrial technology. By controlling and owning that data, it opens up a whole new platform of business. So we believe manufacturers will begin to dramatically build out that infrastructure – most likely through strategic partnerships – and the product lifecycle management (PLM) process itself must now expand to enable and incorporate these new capabilities. Manufacturers must find a way to quickly and efficiently build these vastly more technologically complex products and then leverage that data to drive intelligent business decisions in real-time. Having the ability to capture and analyze real-time data will allow manufacturers to minimise the mistakes that can cost valuable time and resources, but first they must find new ways to incorporate and enable new project stakeholders by providing easier access to product information on an intuitive, user-friendly platform. We see PLM solutions evolving in three major ways, all having to do with enablement. Firstly, through intelligently integrated information – how information is organized to extract value from […]