Home / Knowledge / News / Information Technology / Centric Software awarded PLM patent
Centric Software awarded PLM patent
15
Jan '10
The United States Patent Office has awarded Full Patent text, titled "Managing and Unifying Structured Representations of Product Information" to Centric Software. The patent recognizes a unique business method codified in the Centric product lifecycle and sourcing platform.

One of the key challenges in collaborative product development is the synchronization of groups that contribute to different aspects or "perspectives" of the product throughout the lifecycle. Traditionally PLM vendors have provided a single perspective, the product structure, or bill of materials. This does not work well when each group has a very different definition or perspective of the product. For example a product development group may define the product much differently than a sourcing group.

The Centric patent provides a unique way to allow the many functional groups that work on a product during its lifecycle to proceed independently through the steps, tasks, decisions and events they must accomplish, confident that as the various product definition evolves, "intelligence" within the system will synchronize the groups and notify them if the decisions of another group will affect them or their plans.

The value of Centric's new patented business method capability is that products are delivered more quickly and more efficiently in a multi-group setting, with fewer errors, and at lower costs and desired level of re-use.

"Many industries require different departments to collaborate simultaneously in developing and introducing new products and product lines. Traditional PLM has served well the needs of product development teams but struggled to integrate the other essential departments," explained Chris Groves, CEO at Centric. "With this breakthrough, Centric established an innovative method to orchestrate change across multiple departments and across multiple definitions of the same product. This provides a synchronization of processes that all need to be executed and synchronized in the development of a product."

Ravi Rangan, chief technology officer at Centric added: "The patent recognizes that this business method provides an information structure uniquely capable of uniformly and automatically scaling to manage the multiple, coexisting and concurrently operated dimensions or perspectives of a product that must be coordinated intelligently to manage it through its development, launch and lifecycle. By awarding this patent, the Patent Office, which is especially strict in issuing business method patents, recognized the unique value that this new capability delivers to Centric customers."

Centric Software Inc


Must ReadView All

Textiles | On 21st Jul 2017

No shortage of cotton & yarn in country: Minister

There is no shortage of cotton and yarn in the country, and the...

Pic courtesy: Sutlej Textiles & Industries Ltd

Textiles | On 21st Jul 2017

Sutlej Textiles’ Q1 FY18 EBITDA expands to Rs 76.28 cr

Sutlej Textiles and Industries Ltd (STIL), one of India’s largest...

Textiles | On 21st Jul 2017

CAI revises 2016-17 cotton crop to 337.25 lakh bales

Cotton Association of India (CAI) has upwardly revised cotton crop...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X