Electronics and High-Tech Industry Solutions

Electronics and high-tech companies face unique challenges

The electronics and high-tech industries are growing rapidly and include some of the highest growth products in the world. While the products may look different—semiconductors, automation controls, or consumer electronics—managing a complex product development process, high competition, and navigating dynamic supply chains are common challenges.

Often plagued by internal challenges, like siloed product data in multiple systems, and external market forces, such as a need to accelerate time to market, companies need to establish processes and find tools to optimize collaboration across the product lifecycle and with supply chain partners.

With the right strategy and solutions, electronics and high-tech companies can accelerate innovation, increase efficiency, and remain agile in a global marketplace.

Industry trends impacting electronics and high tech

As the need for high-tech products and components increases, so has supply chain volatility, shortages, and competition for resources. Inflation and rising costs of material and labor are necessitating greater focus on efficiency and agility. In addition to market challenges, fast growth has often created internal challenges of siloed data, poor collaboration, and more.

<p>As the need for high-tech products and components increases, so has supply chain volatility, shortages, and competition for resources. Inflation and rising costs of material and labor are necessitating greater focus on efficiency and agility. In addition to market challenges, fast growth has often created internal challenges of siloed data, poor collaboration, and more.</p>

High competition

Consumers have lots of choice in this industry, so finding ways to differentiate through quality and speed to market is essential.

Volatile supply chains

High volume, component shortages, and rising costs require agility in sourcing and supply chain.

New and increasing regulations and standards

Many E&HT companies are a key link in the supply chain of highly regulated industries, like automotive and MedTech, and need to comply with the associated regulations of their customers.

Siloed systems for product data

Homegrown systems and legacy software have made critical product and component data difficult to access for internal stakeholders such as sourcing teams and supply chain partners.

Poor collaboration across departments and supply chain partners

To drive efficiencies, lower cost, and speed innovation, real-time collaboration based on accurate product data is critical, both internally and with supply chain partners.

Integration of third-party tools

Effectively managing product complexity involves multiple software solutions, like PLM, ERP, MES, requirements management, test/validation, and compliance management systems. Integrating these solutions smoothly and securely is imperative.

Five major sectors of the electronics and high-tech industry

What’s known as the electronics and high-tech industry is a combination of several major sectors that include the manufacturing of advanced technologies, products, and components.

Semiconductors

Consumer Electronics

Automation & Controls

Equipment & Infrastructure

Electronics Manufacturing Services

Strategic objectives and business goals

Manage product complexity

Overcome product complexity with solutions for managing configurations and product variants, software and hardware requirements, technical documentation, and more.

Reduce costs

Digital transformation minimizes costs and risk across the product lifecycle by enabling companies to manage product complexity, streamline processes, and break down data silos.

Drive growth and innovation

Increasing innovation productivity allows companies to differentiate themselves from competitors. By solving problems related to innovation, companies can bring new and improved products to market faster, enhancing their competitive edge.

Optimize supply chain

By optimizing supply chains and creating global production networks, companies can better adapt to geopolitical, economic, and regulatory changes. This resilience helps them navigate uncertainties and maintain business continuity.

Speed to market

In a fiercely competitive market, retaining customers is vital. Through speed and differentiation, companies can build stronger customer loyalty and reduce the risk of losing customers to competitors.

Improve product quality

Addressing issues related to product quality and performance ensures that customers receive high-quality products that meet their expectations. This leads to higher customer satisfaction, positive reviews, and increased market share.

PTC’s solutions are enabling leading electronic and high-tech companies to get ahead of the competition.

iRobot takes part-centric approach to product development

Using Windchill PLM, iRobot has tackled component shortages, introduced new variants, and driven efficient product development amid external uncertainty.

Watch the Video

HP optimizes processes and supply chain with PLM

HP’s large format printing division minimizes complexity and development costs with PLM.

Read the Case Study

ams OSRAM tames product complexity

ams OSRAM finds solutions to managing requirements, variants, and quality in a complex, fast-paced technology environment.

Read the Blog

Lenovo reduces time to market with PLM strategy

Lenovo needed a way to drive innovation, while enabling its globally dispersed teams to manage the increased complexity of product development.

Our software portfolio supports improved product data management, brings together hardware and software requirements, streamlines intricate design and development processes, and makes supply chain collaboration easier.

Product lifecycle management (PLM)

Provide a data foundation from engineering that orchestrates data to downstream departments and systems, so teams can work concurrently from a single source of accurate, real-time data.

Application lifecycle management (ALM)

Computer-aided design (CAD)

Product lifecycle management (PLM) Provide a data foundation from engineering that orchestrates data to downstream departments and systems, so teams can work concurrently from a single source of accurate, real-time data.

Application lifecycle management (ALM) Deliver high-quality software by unifying requirements, risk, and test management using agile engineering capabilities.

Computer-aided design (CAD) Create 3D digital models of products to define, share, review, simulate, and modify designs before they're manufactured.

News and resources

PLM for digital supply chain optimization

See how PLM can enable a seamless flow of real-time, accurate information between engineering, manufacturing, sourcing, and supply chain partners.

/en/success-paths/sitecore/content/PTC-EN/Home/technologies/plm/digital-thread/plm-supply-chain

Transitioning from Oracle Agile

With Oracle Agile sunsetting in 2027, learn the essential steps and key considerations for transitioning to a modern PLM solution.

/en/success-paths/sitecore/content/PTC-EN/Home/blogs/plm/transitioning-from-oracle-agile-plm

Ensuring quality control in electronics manufacturing

Explore the importance of quality control in electronics manufacturing and understand the key methods used in the industry.

/en/success-paths/sitecore/content/PTC-EN/Home/blogs/plm/ensuring-quality-control-in-electronics-manufacturing

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Electronics and High-Tech Industry Solutions

Electronics and high-tech companies face unique challenges

Industry trends impacting electronics and high tech

High competition

Volatile supply chains

New and increasing regulations and standards

Siloed systems for product data

Poor collaboration across departments and supply chain partners

Integration of third-party tools

Five major sectors of the electronics and high-tech industry

Semiconductors

Consumer Electronics

Automation & Controls

Equipment & Infrastructure

Electronics Manufacturing Services

Semiconductor industry

Computers and consumer electronics

Automation and controls

Equipment and infrastructure

Electronics manufacturing services

Strategic objectives and business goals

Manage product complexity

Reduce costs

Drive growth and innovation

Optimize supply chain

Speed to market

Improve product quality

PTC’s solutions are enabling leading electronic and high-tech companies to get ahead of the competition.

iRobot takes part-centric approach to product development

HP optimizes processes and supply chain with PLM

ams OSRAM tames product complexity

Lenovo reduces time to market with PLM strategy

Solutions to transform your business

Product lifecycle management (PLM)

Application lifecycle management (ALM)

Computer-aided design (CAD)

News and resources

PLM for digital supply chain optimization

Transitioning from Oracle Agile

Ensuring quality control in electronics manufacturing

Request a free value assessment

Fill out this form and we’ll be in touch.

Request a free value assessment