Product Lifecycle Services for Communications, Media and Technology

Accenture Product Lifecycle Services Overview

Accenture is at the very forefront of product innovation and development. Our Product Lifecycle Services can help you work towards a higher return on your investment by accelerating innovation and product development, reducing product costs and complexity, and optimizing your portfolio of products and services.

Through Accenture Product Lifecycle Services, we can help you:

1. Maximize Innovation Impact: 48% of R&D spend is wasted on products that do not hit market needs or timingⁱ

2. Optimize R&D Investments: R&D spend can range from 5-22% of revenue. Increasing efficiency by even 1% can have a material impactⁱⁱ

3. Focus on Early Quality and Profit: 80% of product cost and quality is locked during the design phases. Optimizing complexity, cost and quality can save 10-20% in product development costs.ⁱⁱⁱ

View the Overview video of Accenture Product Lifecycle Services to learn more.

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For more information on Accenture Product Lifecycle Services, contact us at: CMT Product Lifecycle Services Team

i Source: Winning at New Products by Robert Cooper. Our number has been deduced from 2 numbers in this book. 1. Average Success Rate of Projects 60.2% and Average Slip Rate 35.4% and taking the average of those two.
ii Source: Product Creation: The Heart Of The Enterprise From Engineering To E-commerce, Philip H Francis, Published 2000, Section 2.3 Organizing and implementing the process.
iii Source: Aberdeen Group ‘Procurement in New Product Development: Ensuring Profit from Innovation’; 2006

Learn more about Accenture’s services, research and client successes:

• Communications
• Electronics and High Tech
• Media and Entertainment

Accenture Product Lifecycle Services can help you work towards a higher return on your investment by accelerating innovation and product development, reducing product costs and complexity, and optimizing portfolio of products and services.

Demonstrable Results

• 20% reduction in new product launch cycle time
• 25% reduction in engineering cycle time
• 30% reduction in supplier lead times
• 35% reduction in BOM costs
• 40% reduction in design cycle time and improved supplier collaboration

Experience and Trusted Ally

• More than 20 years working with clients on over 400 large scale innovation and product development and PLM implementations.

Leading Delivery Provider

• Local market insight backed by global resources and industry research to help lower cost, improve performance and deliver innovation.

Exceptionally Talented People

• Worldwide network of solution and delivery centers with a global team of 500+ resources, experienced in managing and building products across industries.

• Accenture PLM Enablement Solution: helps clients improve their product development efficiency by optimizing their Product Lifecycle Management landscape of processes, data, systems, and people.

• Accenture Complexity Management Solution: helps clients during the product design cycle to analyze SKUs, features, components and platform strategies in order to optimize the cost and margin to complexity ratio.

• Accenture Product Innovation Solution: helps clients optimize and speed their innovation process from incubating new businesses, to creating and mining new product ideas, to leveraging frugal engineering for emerging markets.

• Accenture Portfolio Optimization Solution: provides capabilities to enhance the overall ROI on innovation and product development spend by prioritizing current and future product/service offerings and resources to the most impactful activities.

• Accenture Product Development and Quality Solution: provides analysis and global capacity to help clients achieve product development goals. It includes a comprehensive suite of assets to optimize the Innovation and Product Development global operating model by supplementing the clients work force in areas such as product design, design validation and analysis, manufacturing, quality management, and configuration management skills.

Accenture Research, Opinions and Insights:

• Semiconductor Supply Chains: An Urgent Need for Change
• The 2013 Accenture Consumer Electronics Trends Study
• Product Lifecycle Management - The Billion Dollar Lever
• Competing in a High Tech Industry “Superstack"
• Configuration Management in Aerospace and Defense
• Extending the Reach of Product Lifecycle Management Information
• The Innovation Death Spiral
• Open Innovation
• PLM enabler goes mainstream

Learn More about our Exceptionally Talented People in the CMT Product Lifecycle Services Group

Media Coverage:

• Manufacturing.net: PLM Needs to Be Viewed as Strategic Corporate Asset
• Product Design & Development: Product Lifecycle Management as Strategic Corporate Asset
• TechDiem.com: How To Make Product Lifecycle Management a Strategic Asset
• Readwrite.com: How To Make Product Lifecycle Management a Strategic Asset
• TMCnet: Capturing Elusive and Scattered Information in One Place
• EBN: PLM: High Tech's Billion-Dollar Lever
• Theraconteur: Managing Projects from Conception to Disposal

Featured Client Successes:

• YouView: The Future of TV