At every company there are volumes of historical data that trace the birth, life and death of the products that we touch and use every day. What if we took all of this data and tried to write a new story?
Could it be put to use to predict the future? Could it tell us how to innovate better next time?
In the second video of our KNOW series, we explore the application of advanced analytics to product development data.
Using product lifecycle intelligence (PLI), we can now predict the outcomes of product development and prescribe recommendations to make the future better – both for companies that make products and the people who use them.