Current Situation
Cost analysis is done as a separate batch process.
Goals and Objectives
The objectives are higher levels of design effectiveness, lower product costs, and lower R&D failure costs.
Technology Deployed
Hardware: Servers, storage, smartphones, and tablets
Software:Big Data/analytics,blockchain, cognitive/AI, machine learning, cloud, security, mobile, and ERP
Services:Business services and IT services
Use Case Summary
There will be cost models for capabilities (e.g., investment casting) and supplier pricing history that will allow for real-time economic evaluations of R&D decisions.