-
"Engineering operations of companies in most industries...are under increasing pressure to more quickly design, manufacture and launch new products in the marketplace in response to ever-shorter product lifecycles and greater demand," and are further responsible for keeping the company innovative. But "leading companies are succeeding by augmenting their existing engineering capabilities with outsourced services to meet today's product development needs, while reducing operating costs, and positioning themselves for sustained high performance," he writes, and provides a list of examples from various industries. "Embracing outsourced services as part of the company's growth strategy will give companies the ability to stay ahead of the competition and remain on the path towards high performance in an increasingly challenging, global market."
StampingSimulation.com was established to bring Hi Tech forming simulation technology within reach of the entire tooling industry. Previously only afforded at OEM or Tier One level, the business model allows customers of all shapes and sizes instant access to the technology and a wealth of experience and knowledge - on demand, exactly when they need it, only when they need it.
Ken Taormina, global managing director of Engineering Services at Accenture, agrees with the business model, as he writes in the April 21 edition of IndustryWeek:
"Engineering operations of companies in most industries...are under increasing pressure to more quickly design, manufacture and launch new products in the marketplace in response to ever-shorter product lifecycles and greater demand," and are further responsible for keeping the company innovative. But "leading companies are succeeding by augmenting their existing engineering capabilities with outsourced services to meet today's product development needs, while reducing operating costs, and positioning themselves for sustained high performance," he writes, and provides a list of examples from various industries. "Embracing outsourced services as part of the company's growth strategy will give companies the ability to stay ahead of the competition and remain on the path towards high performance in an increasingly challenging, global market."
The full article can be found online here.
- Filed Under: Industry NewsNews

