The document outlines the evolution of Product Lifecycle Management (PLM) within a connected digital product ecosystem, highlighting rapid changes driven by interconnected tools and technologies. It emphasizes the importance of integrating functional requirements, management of business requirements, and governance models to ensure long-term success, while also addressing the challenges posed by integration and change management. Feedback from industry leaders indicates a need for robust change management programs and the potential of IoT-enriched PLM to enhance business performance.

1. Reimagining Product Lifecycle Management (PLM)
for Digitized Connected Product Ecosystem
A cross industry round table (June 21, 2018)
Point of View on Connected Digitized Product Ecosystem - Key Points
Today’s product lifecycle journeys are changing rapidly
Interconnected ecosystems of“tools and technologies”and“processes and systems”were
illustrated to demonstrate the accelerated and unprecedented disruption
Reference was drawn to TCS’Business 4.0 to showcase how TCS is leading the change
“We are all surfing in high
tides in an age of
unprecedented disruptions
shaping the manufacturing
industry”
- Global Practice Lead,
New Product Innovation and Life
Cycle Processes,
Tata Consultancy Services
“CM2 is actual
realization of
Digital Thread”
- Vice President of
Services, Institute for
Process Excellence
“PLM is a Strategic
Business Approach”
- Practice Manager, PLM
Enterprise Value and
Integration, CIMdata Inc
Mega
Plans
Change
Files
Biz
Tank
R
S
drive
Enterprise
Wide Digital
Thread
Post Event Customer Feedback
Robust
Management
of Business
Requirements
“Sherpas”
(facilitators)
bridge the
gap between
business and
IT
Holistic view
of product
lifecycle
Integrate
functional
and technical
requirements Establish
Governance
model to
rigor
through
organization
Find quick
big wins to
build long
term success
Scenarios
equirements
 Solutions
Tools are
enablers
Manage
configuration
at the right
level, with
single
authority
Prioritize
Organization
Change
Management
Approach
design from
testing point
of view
ALM + PLM
integration
critical for
future, but
will pose
challenges
Fast &
Curious
“I really enjoyed hearing the stories
told by others and was encouraged
to hear many face the same issues
we face.”
– Manager - Engineering Change Management,
Automotive OEM
“The presentations were informative
and helped set the stage for the
discussions. I appreciated they were not
sales pitches.”
– Manager - Product Development,
Automotive OEM
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About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to
global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated
portfolio of IT and IT-enabled infrastructure, engineering and assurance services. This is delivered through its unique
Global Network Delivery ModelTM, recognized as the benchmark of excellence in software development. A part of
the Tata Group, India’s largest industrial conglomerate, TCS has a global footprint and is listed on the National Stock
Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com
DesignServices|Mumbai
ROUNDTABLEDISCUSSION
MBSE enablement for an
Aero OEM – Solution
demonstration
Complete scenario for Product
Development Lifecycle and
Process was demonstrated for
an aircraft landing gear system,
using 3DX Platform along with
DOORS and Open Modelica
integrated using Open Services
for Lifecycle Collaboration
(OSLC) interface.
Tangible Enterprise 4.0 Transformation - Key Points
Process standardization is becoming more complex
A robust change management program will enable consistency across the
organization
Digital twin enables organizations to identify the repercussion of design
change for a specific part
PLM at the Core of Analytics-driven Innovation - Key Points
Many organizations lack a closed loop system that can link the findings from
simulation and analysis to their designs
Integration of simulation and analysis tools into PLM improves business
performance
Companies that realize this potential for strategic advantage are more willing
to invest in its development
IoT Enriched PLM-A Game Changer?