How can agile development improve PLM?

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Product lifecycle management (PLM) is a process that covers the entire journey of a product from conception to retirement. It involves managing the data, resources, and activities related to the product across different functions and stages. PLM can help businesses improve their innovation, quality, and efficiency, but it also faces many challenges in a dynamic and competitive market. How can agile development, a flexible and iterative approach to software development, improve PLM and help businesses deliver better products faster and cheaper?

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1 What is agile development?

Agile development is a set of principles and practices that aim to deliver software products that meet the changing needs and expectations of customers and stakeholders. Agile development teams work in short cycles called sprints, where they plan, design, code, test, and release small increments of functionality. They also collaborate closely with customers and stakeholders, solicit feedback, and adapt to changes quickly. Agile development emphasizes value, quality, and customer satisfaction over rigid processes, documentation, and contracts.

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André Ribeiro

Gestor de Inova??o e Estratégia | Agile | Mentor de inova??o e Startups | Lean Startup | Mestre em Direito da Sociedade da Informa??o | Big Data; Inteligência Artificial; LGPD
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Agile development is all about infusing the product lifecycle management (PLM) with a dose of caffeine. It's like giving a PLM system a pair of running shoes, allowing it to sprint through the process of planning, developing, and launching products. By embracing agility, PLM becomes more responsive to customer feedback, adapts faster to market changes, and cuts down the time from concept to cash. Essentially, it turns the marathon of product development into a series of sprints, each one delivering value and keeping pace with the ever-accelerating heartbeat of the market. And again… I do love metaphors

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2 How can agile development improve PLM?

Agile development can improve PLM in several ways. First, it can help PLM teams align their goals and priorities with the customer's needs and expectations, and deliver products that solve real problems and create value. Second, it can help PLM teams reduce waste and inefficiency by focusing on the most important and viable features, and eliminating unnecessary or low-value tasks. Third, it can help PLM teams improve quality and reliability by testing and validating their products frequently and early, and fixing issues before they become costly or risky. Fourth, it can help PLM teams increase speed and flexibility by breaking down complex projects into manageable chunks, and releasing products faster and more frequently.

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Dylan Xu

AI Video Telematics, Self-Driving & EVs I VisionTrack, Ex-Momenta | LinkedIn Influencer
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Agile development injects a powerful dose of customer-centricity into PLM, aligning teams with real needs. By prioritizing essential features and cutting waste, efficiency soars. Frequent testing ensures top-notch quality, preventing costly setbacks. Breaking down projects enhances speed and flexibility, allowing PLM teams to stay ahead in the ever-evolving landscape. Embracing agile isn't just a methodology; it's a game-changer for innovators in the Product Lifecycle Management realm.

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3 What are the benefits of agile development for PLM?

Agile development can bring a multitude of advantages to PLM, such as increased customer satisfaction and loyalty, as customers can provide feedback and influence the product direction. Additionally, PLM teams can experiment with new ideas and features to achieve higher innovation and differentiation. Furthermore, agile development can lead to higher productivity and efficiency, as well as higher quality and reliability. Lastly, it can also promote higher agility and adaptability, allowing PLM teams to adjust their plans and actions accordingly.

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4 What are the challenges of agile development for PLM?

Agile development is not a silver bullet for PLM, and it also comes with some challenges. These include cultural and organizational resistance, as some PLM teams may be used to traditional or waterfall methods, and communication and collaboration issues due to the need for frequent interaction among PLM teams, customers, and stakeholders. Additionally, there may be scope and quality trade-offs, as speed and flexibility are prioritized over completeness and accuracy. Lastly, there may be integration and compatibility problems that result in incompatible or non-interoperable products or complex integration or maintenance.

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5 How to implement agile development for PLM?

Implementing agile development for PLM requires context and goal-specific approaches, however, there are some general steps and tips to follow. Start by defining the vision and value proposition of the product, and identify the customer's needs and expectations. Then form a cross-functional and self-organizing PLM team with clear roles and responsibilities. Choose an agile framework and methodology, like Scrum, Kanban or Lean, that suits the PLM project. Plan and execute sprints to deliver working increments of the product at the end of each sprint. Communicate and collaborate with the customer and stakeholders to collect feedback regularly. Test and validate the product at every stage to ensure quality and compliance. Finally, review and reflect on the PLM process and performance to identify areas for improvement.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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How can agile development improve PLM?

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1 What is agile development?

2 How can agile development improve PLM?

3 What are the benefits of agile development for PLM?

4 What are the challenges of agile development for PLM?

5 How to implement agile development for PLM?

6 Here’s what else to consider

Product Innovation

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How can agile development improve PLM?

1

2

3

4

5

6

1 What is agile development?

2 How can agile development improve PLM?

3 What are the benefits of agile development for PLM?

4 What are the challenges of agile development for PLM?

5 How to implement agile development for PLM?

6 Here’s what else to consider

Product Innovation

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