Oracle has unveiled new version of Agile Product Lifecycle Management, a new enterprise PLM offering which it claims to mitigate risk, lower development and product costs and improve productivity across the entire product lifecycle.
According to Oracle, the Agile PLM 9.3 extends the PLM analytics platform to provide: Supplier Risk Analysis that identifies high-risk suppliers based on quality, compliance and over exposure; and Part Risk Analysis for categorising and identifying newly introduced parts and parts that lack product record information.
It also provides Product Quality Risk Analysis to detect which products are most impacted by quality issues and prioritise customer complaints by urgency and severity; and Product Design Volatility Analysis to identify which products or product lines have the most late-stage changes during the new product release cycle, the company said.
The company said that the new platform provides Service Oriented Architecture (SOA) that allows companies to integrate it’s various components to existing engineering and enterprise systems. Some of the features in this release include SOA Enterprise PLM Platform, Integrated Product Master Data Management, and Oracle Application Integration Architecture.
The Agile PLM 9.3 also enhances user productivity by leveraging a Web 2.0 user interface. The new productivity improvements include user interface controls for in-line table editing, context aware pop-ups and drag and drop capabilities; enhanced user personalisation for column-locking, ordering and hiding, multi-column sorting and filtering, and personal views; and user traning management.
In addition, the new version also contains enhancements to processes across all modules including – product collaboration, engineering collaboration, product cost management, product governance and compliance, product quality and project portfolio management.
Hardeep Gulati, vice president of PLM Product Strategy at Oracle, said: “Today, PLM has become a highly strategic tool that can impact profitability, mitigate risks and improve enterprise productivity. With this latest release, Oracle extends its lead in delivering Enterprise-class PLM by giving organizations more out-of-the- box processes to support their corporate initiatives within the framework of a scalable, enterprise PLM backbone.”
