Industry pros to explore best practices for
orchestrating your product configuration data
COPENHAGEN, Denmark,
April 30, 2024 /PRNewswire/
-- Configit, the global leader in Configuration Lifecycle
Management (CLM), today announced the company will hold its
9th annual Configuration Lifecycle Management (CLM)
Virtual Summit on May 15 – 16, 2024.
To register and see the full schedule, go here.
In today's economy, customers expect more than off-the-shelf
products; they're increasingly seeking customized options that are
configured to precisely meet their individual requirements. That's
having a significant impact on how manufacturers operate and is
driving them to seek out better ways to navigate these changes. In
fact, Gartner, Inc. predicts that "by 2026, configuration life
cycle management will transform 40% of manufacturers, reducing the
amount of customer-specific engineering required to deliver
products."1
The 2024 Configuration Lifecycle Management Summit will explore
how the integration of product data across enterprises can
streamline configuration procedures and enhance visibility across
the value stream. Through the establishment of a shared source of
truth, organizations can dismantle barriers between sales, service,
engineering and manufacturing, fostering cross-functional
collaboration based on shared data.
The event brings together over 300+ industry professionals to
share insights with peers about how to effectively manage product
complexity, leverage current tech stacks to make better-informed
decisions and the impact AI/generative AI are having on
manufacturing.
The first day of the summit will feature presentations from
experts at NVIDIA, Premier Tech and PwC, sharing how
their companies are using data to better drive innovation,
sustainability and AI advancements. The second day will focus more
on technology, with sessions led by experts exploring the
importance of centralized configuration data management in
supporting effective digital transformation efforts.
Johan Salenstedt, CEO, Configit, said: "As customer
expectations and market requirements continue to evolve, it's clear
that personalized solutions tailored to individual needs are
paramount in today's market. To meet this demand, manufacturing
organizations need to look for new ways to improve configuration
processes, break down silos between departments, foster
cross-functional collaboration and drive innovation. Our annual
summit provides an opportunity for industry professionals to learn
from their peers and share their own insights amid a rapidly
changing landscape."
1 Gartner®, Top Strategic Technology Trends in
Asset Intensive Manufacturing for 2023, Alexander Hoeppe,
Jonathan Davenport, Sudip Pattanayak, Simon
Jacobson, Marc Halpern,
Arjun Boparai, Christian Hestermann, March 31, 2023.
GARTNER is a registered trademark and service mark of Gartner,
Inc. and/or its affiliates in the U.S. and internationally and is
used herein with permission. All rights reserved.
About Configit
Configit is the global leader in Configuration Lifecycle
Management (CLM) solutions and a supplier of business-critical
software for the configuration of complex products. All Configit
products are based on the patented Virtual Tabulation® (VT™)
technology, which has redefined product configuration by offering
greater speed and better handling of complexity. Virtual Tabulation
enables Configit to deliver powerful, easy-to-use configuration
solutions to market-leading global enterprises.
Website: configit.com
Logo -
https://mma.prnewswire.com/media/1824364/Configit_Logo_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/configit-to-host-9th-annual-configuration-lifecycle-management-virtual-summit-302128988.html