Report by Chad Jackson, analyst at Lifecycle Insights
Today, there is little doubt that designing products is intensely difficult. Engineers are presented with conflicting requirements
and constraints, all of which must be solved with great designs developed on shorter schedules.
That difficulty, however, doesn’t negate the need to understand how successful engineering organizations are in achieving their
goals. In fact, understanding how most engineering organizations perform in today’s strenuous operational environment offers a
performance baseline. Comparing organizational performance between cohorts that employ different methodologies and technologies offer insight into what actually makes an impact.
This study found that just 15% of all engineering projects go as planned, hitting their release date without a 10% shift in resources. There’s no doubt -- engineering is facing new and formidable difficulties. The traditional engineering toolset is no longer enough. New technologies combined into a modern engineering toolset make a measurable impact on organizational performance. It is finally time to upgrade the toolset.
Contact us for more information on how to update your engineering toolset with the latest technologies including CAD software, hardware, 3D printing and more. With the latest tools, technologies and correct implementation, Redstack can assist you with improving efficiency, controlling costs and delivering successful engineering projects.