PTC & Tech-Clarity Reveals a Study on Software Adoption
Study Shows that majority of the respondents are increasingly using software in their products
Feb 17, 2012
PTC has revealed the findings of new research from Tech-Clarity, an independent research and consulting firm. The study, Developing Software-Intensive Products, showed that the majority of respondents significantly increased the amount of software, the importance of software and the innovation driven by software in their products over the last five years with nearly seventy five percent of the respondents planning to increase these efforts further over the next five years.
The survey uncovers specific reasons why companies are increasing the use of software in their products: three-quarters indicate they use software in their products to improve product capabilities, two-thirds say they are seeking ‘smarter’ and more innovative products, and one-half say they use software to tailor products to customers or markets. The top reasons companies are pursuing software-intensive products are competitive factors that drive the top line.
“This survey indicates a noteworthy trend in that companies have significantly increased the use of software in their products across all manufacturing industries, in both large and small companies,” said Jim Brown, president, Tech-Clarity. “The biggest increases in both the amount of software and the level of innovation driven by that software were found in automotive and high-tech industries. Another interesting discovery was that medical device manufacturers have increased the ratio of software engineers more than others, and 92% of the respondents in that industry say they plan to further increase software in their products over the next five years”.