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.
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