Product development is a mission-critical process. And it can also be very expensive. But thanks to modern computer-aided design (CAD), computer-aided engineering (CAE), computer-aided manufacturing (CAM), and product lifecycle management (PLM) systems, many manufacturing companies now have the tools that allow better alignment of cost and value-add. This is what’s referred to as “global product development.” Learn more.
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business units then transitioned CAD modeling and other forms of engineering support work to this and various other Indian engineering services companies. Siemens, a $74B German company, while citing competitive pressures, shifted one-third of its 30,000 embedded software engineers to China, India and Russia. This shift affected product development operations in Siemen's fixed-line and wireless telecom, automation and drives, transportation, and energy transmission businesses. Cummins Engine, a $13B US