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Teradyne on Sustainable PLM

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At our last Innovation Leadership Summit, Bill Duggan from Teradyne talked about PLM as the “backbone of innovation.” Bill shared that despite the tough economy – what he calls an “economic blizzard” – they continue to invest in that backbone and now focus on creating “sustainable PLM.”

That focus has helped them achieve significant savings both in hard dollars and in cycle time reduction.

I talked with Bill after his presentation in this video about Teradyne’s PLM focus and framework, as well as lessons learned over the past year and a half. One lesson is to treat process improvements as new product development projects so they get the attention and commitment they deserve.

Dora Smith

Dora Smith is the senior director of the global academic program for Siemens PLM Software. The program empowers the next generation of digital talent through project-based learning, STEM competitions and industrial strength software and curriculum to support students and academic institutions worldwide.

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This article first appeared on the Siemens Digital Industries Software blog at https://blogs.stage.sw.siemens.com/news/teradyne-on-sustainable-plm/