The product digital thread

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The product digital thread imperative

Importance of product digital thread for success, profitability

45% Important

33% Nice to have

21% Critical

1% Not important

Product digital thread goals

69% Product quality

55% Better decision-making

51% Faster time to market

49% Product development efficiency

49% Engineering efficiency

46% Traceability

36% Improved service

Integrate the product digital thread

Importance of integration to achieve goals

51% Important

31% Nice to have

18% Critical

The integration state quo is insufficient

Integration across the product digital thread

63% Some

26% Significant

9% Very little

2% Not integrated

Integration across the organization

37% Departmental

35% Cross-departmental

24% Enterprise

4% Value chain

1% Not integrated

Living with poorly integrated product data

Duplicate entry

37% Weekly

35% Daily

17% Monthly

11% Occasionally

Retrieval from multiple systems

42% Daily

26% Weekly

16% Monthly

16% Occasionally

Errors/inconsistencies

37% Daily

32% Weekly

19% Monthly

12% Occasionally

Causes of underlying integration issues

39% System complexity

37% Hard to justify/prove ROI

37% Shortage of knowledgeable resources

37% Takes too long

34% Systems difficult to integrate

34% Large file sizes

33% Lack of predefined integration capabilities

32% Too expensive

25% Lack of defined process/workflows

23% Risk is too high

Challenges throughout the integration lifecycle

53% Handling exceptions/issues

42% Scalability

27% Security

24% Losing data

Source: https://www.razorleaf.com/