Key Takeaways
- Whatfix partners with PTC to enhance Product Lifecycle Management (PLM) software adoption
- The partnership aims to improve user proficiency, workflow execution, and operational adoption in manufacturing sectors
- Ineffective digital adoption can cost mid-sized enterprises an average of $10.9 million annually
- Whatfix's AI-native in-app guidance can reduce data errors, support queries, and test environment maintenance effort
Introduction to PLM Software Adoption
The manufacturing industry faces numerous challenges in adopting Product Lifecycle Management (PLM) software, resulting in poor workflow execution and significant financial losses. A recent study by Whatfix and Forrester found that ineffective digital adoption costs mid-sized enterprises an average of $10.9 million annually. To address this issue, Whatfix has partnered with PTC Inc. to provide manufacturers with AI-native in-app guidance, workflow support, and adoption analytics.
Benefits of the Partnership
The partnership between Whatfix and PTC enables manufacturers to improve operational excellence and maximize ROI from PLM investments. By providing in-app guidance and workflow support, Whatfix helps engineering and operations teams improve process consistency, accelerate user training, and drive faster adoption of PLM systems. The benefits of this partnership include:
Comparison of Outcomes
| Outcome | Percentage Improvement |
|---|---|
| Engineering task completion | 45% faster |
| Onboarding and adoption | 40% faster |
| Data errors and rework | 30% reduction |
| Support queries | 35% fewer |
| Test environment maintenance effort | 70% reduction |
| Annual training infrastructure cost avoidance | $300K |
Impact on Manufacturing Sectors
The partnership between Whatfix and PTC is expected to have a significant impact on the manufacturing industry, particularly in the automotive, industrial equipment, and medical device sectors. By improving user proficiency, workflow execution, and operational adoption, manufacturers can strengthen compliance, accelerate time-to-market, and maximize ROI from enterprise PLM initiatives.
Conclusion
The partnership between Whatfix and PTC is a significant step towards enhancing PLM software adoption in the manufacturing industry. By providing AI-native in-app guidance and workflow support, Whatfix helps manufacturers improve operational excellence and reduce costs associated with ineffective digital adoption.
Bottom Line
In conclusion, the partnership between Whatfix and PTC is a game-changer for the manufacturing industry, enabling companies to improve user proficiency, workflow execution, and operational adoption. With the potential to reduce data errors, support queries, and test environment maintenance effort, this partnership can help manufacturers achieve significant cost savings and improve their bottom line. By leveraging Whatfix's AI-native in-app guidance and PTC's PLM expertise, manufacturers can maximize ROI from their PLM investments and stay ahead of the competition.