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John Stark Associates announces PROMISE-PLM White Paper and Industrial Reference Group John Stark Associates (JSA) announced a new White Paper, "The Promise of Increasing Business Value with PLM and Smart Products". JSA is a PLM thought- and practice-leader, and author of the widely-read "10 Critical PLM Facts Every Executive Should Know" and "Top Ten PLM Pitfalls to Avoid" White Papers, as well as the PLM foundation book, "Product Lifecycle Management: Paradigm for 21st Century Product Realization". The new White Paper, "The Promise of Increasing Business Value with PLM and Smart Products", describes PROMISE, an innovative approach that brings together, and builds on, Product Lifecycle Management (PLM) and Smart Product technologies to offer companies a new business model and new ways of creating business value. Smart Products are products that can sense and communicate information about their condition and environment. The core concept of PROMISE is that this information can be transformed into knowledge to support existing products and to help create new high-value products and services. PROMISE addresses the complete lifecycle of a product, with emphasis on capturing and managing information during the last two phases of life - the Middle-Of-Life (e.g., use, maintenance) and the End-Of-Life (e.g., recycling) - and the way that information from these phases can be used in the design, production and support of future products, thereby closing the product information loops. PROMISE is the acronym for "Product Lifecycle Management and Information tracking using Smart Embedded systems", an EC IST funded research project that started in 2004. The research of the project team is State-of-the-Art, and team members recognize the importance of working together with other companies to ensure early adoption of PROMISE and achieve the resulting benefits. The participation of industrial companies wishing to develop PROMISE-based products and improve their existing PLM practices is strongly encouraged. By joining the project's Industrial Reference Group (IRG), companies can have early access to project know-how and deliverables, and can participate in defining future PROMISE activities. The White Paper can be downloaded from the PROMISE website (www.promise-plm.com) Details of participation in the PROMISE Industrial Reference Group can also be found on the Promise-PLM website. John Stark Associates http://www.johnstark.com/ Web links PROMISE-PLM website PROMISE-PLM E-room and White Paper |