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In today’s episode, Thom Singer and Craig Brown interview industry veteran Bill Bone, CTO for Automotive at Aras Corporation, to discuss the changing and adapting world of PLM and ALM in the automotive industry.  They examine the value of bringing these two critical systems closer together and highlight the potential benefits to companies utilizing them.  Like Craig, Bill is a failed retiree and shares valuable advice not only for those that are nearing the end of their career but for those that are just starting out as well, and it all starts with developing your passions and tapping into your network.

On today’s podcast, you will learn:

Bringing ALM and PLM together

• There are still challenges, but Application Lifecycle Management and Product Lifecycle Management are closer together than ever.
• When do you lead with software and when do you lead with hardware?
• Computers and services are both essential components of a flexible PLM solution.
• An effective PLM platform is a critical component of the structure of all functions. 
• Utilization of requirements and features is an essential component of the PLM structure.

• Features have long-term capability and long-term reliability, and refer to what the customer is willing to pay for, not the mechanical content of a vehicle.

The value of connecting ALM and PLM 

• A PLM strategy without an ALM strategy is a losing strategy.
• Excelling at software development is the first step to tying into a valuable customer database.
• It is key to remember who your customers are and what they are willing to pay for.
• Service data is the key to managing a successful application or product lifecycle.
• The future is going to focus on Service Lifecycle Management as it contains such valuable information. 

Advice for those who are failing at retirement or growing a career

• There is great value in continuing to work with things that give you a sense of involvement and purpose.
• Identify the topics that you are most passionate about and frame your efforts around it.
• Your network will help you stay involved and informed.
• Don’t be afraid to make the phone calls that will keep you engaged in meaningful work.
• There are constant changes in most industries — go with the flow and keep up with the changes.

Do you have an example of extraordinary efforts or innovation during these unprecedented times? We would love to hear your story and possibly interview you for an upcoming episode. Please reach out to us at www.DigitalEnterpriseSociety.org