January 5, 2021
We live in an increasingly connected world. Every day we are facing situations in which the connections we have are becoming the most important enablers. Think about transformations that happened in many services surrounding us for the last decade. Our devices are continuously connected to the internet to give us access to the vital information we need all the time- starting from the weather forecast and road traffic and ending with the status of our purchases on Amazon and grocery delivery.
The changes are impacting the engineering and manufacturing world. OEM manufacturers are continuously demanding connectivity with contractors and suppliers. The latter became a critical element in the entire product development value chain. In this connected world, the data is the king and OpenBOM was investing from the very early beginning of our service development how strategically position our service to enable communication between teams, companies, contractors, and suppliers located in multiple places in this world, but working together.
OpenBOM was investing in the development of modern data management technologies from the first days by creating a unique multi-tenant data platform allowing individual users and companies to share data and collaborate in a seamless way by connecting data shared by multiple users and companies.
OpenBOM developed many integrations with engineering software products (MCAD, ECAD, PDM, PLM, and ERP). This year, we would like to expand OpenBOM with integrations enabling access to real-time online data. As such, we’re planning to integrate with online catalogs. Access to online catalogs will streamline data availability in OpenBOM to support a variety of scenarios – from cost calculations to purchasing workflow.
I want to share more of the scenarios we are planning to enable. Check out the article published earlier today on Octopart’s blog – Connected Services And Product Development. In this article, I speak about three main elements of new digital workflows – online product data in BOMs; instant quotation and cost assessment, sourcing, and ordering.
So, here is what is coming soon – we’re going to provide Octopart-OpenBOM integrations later this year to support these digital processes. We will start from online product data availability in OpenBOM catalogs and bill of materials.
SaaS software and technology provides key strategic advantages – the availability of connected services. This means a huge simplification of processes to access data as well as an intelligence build on top of real-time connection between systems.
While we are working on the details of the implementation, we would be very much interested to talk about your demands and requirements. If you’re interested to learn more about coming OpenBOM + Octopart integration, please reach out to me via email (oleg @ openbom dot com).