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Fixed-time contract vs Time & material contract
  • June 3 2019
  • admin

Fixed-time contract vs Time & material contract

When outsourcing projects or insourcing tasks, organizations face a very crucial question about billing. Working with outsourced development team means that there are a few elementals that need to be sorted out from the beginning. It is because each project is different in its regard and comes up with its own set of requirements. When a customer signs a deal with a software development company, they sign a billing agreement. The pricing model used depends mainly on project requirements. Two popular billing models are — Fixed-price Contract and Time and Material Contract. Selecting the right contract agreement is a vital step when outsourcing software development. Consequences of a wrong choice may yield unexpected outcomes. Each type of contract has its pros and cons; hence, choosing any one of them may be a complicated task. The option that is well suited for one project may not be the ideal for another one. This article emphasizes on the advantages and disadvantages of these pricing models and explains which is better in what condition. Fixed Price Contract The fixed-price agreement is a type of contract where the service provider is accountable for completion of the project within the agreed sum in the contract. In a Fixed Price model, the total budget on the project is set before development starts and remains unchanged. Plus, the exact deadline must be approved before the development starts. The contractor will bear the risks for late execution of works. It is a practical choice in those cases, where requirements, specifications, and rates are highly predictable. The client should be able to lay down his clear vision of the project with the contractor to ensure appropriate final results. When to use a fixed price contract: Fixed Price advantages Time and Material Contract Time and material (T&M) contract is the type of contract where the contractor is charged for the number of hours spent on a specific project, plus costs of materials. Time and material contracts are much different from Fixed-Price because they involve billing clients for what they get. A time and material contract charges clients based on an hourly rate for all labor, along with the costs of materials. This type of arrangement might present some risk to the budget, but factors such as flexibility and opportunity to adjust requirements, shift directions and replace features prove to be very beneficial nonetheless. In this model, the customer has a more significant role in the development of the software solution and bears all risks related to the project. The length of responsibilities that the client carries through the whole development process with time & materials is much higher than with fixed-price projects. When to use T&M price contract: Time and Material advantages

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Issues in CAD Software - User’s perspective
  • June 3 2019
  • admin

Choosing an insourcing partner

Insourcing software development has turned out to be an effective way for tech firms to boost business (to learn more, refer to Insourcing – A Breakdown ). It is the exact opposite of outsourcing with similar intents (to know more, refer to Insourcing vs. Outsourcing). But like any business strategy, preparation and execution is necessary and are crucial for a successful endeavor. Choosing an insourcing partner requires as much meticulous planning and careful observation as in the case of outsourcing. Following are the tips on choosing the right insourcing partner for your business. Establish insourcing goals This is the most critical step a company can take while choosing an insourcing partner. The scope of work, the billings, and the project requirements have to fall under the insourcing partner’s capability. The responsibility of the partner is to maintain a high standard of quality. The Right team size Many companies overlook this consideration while looking into insourcing options, but it’s one of the most crucial factors in completing an in-house project. Make sure the vendor partner has the right blend of expertise and number to cater to your requirements. Work Experience Find out if the vendor-supplied workforce has the right experience and expertise in delivering services similar to the one you plan for insourcing. This includes several projects executed, types of clients worked for, and function expertise for knowledge-intensive tasks. Assess the management team’s experience and qualifications, project managers, and other team members of the vendor company. Beforeentering into a long-term or substantial contract, interacting with the proposed team members before the commitment ensures fitment between the requirement and the team chose to execute it. Financial Stability This factor is also overlooked to a great extent. It is essential to make sure that the vendor partner has sufficient working capital and is financially secure. There have been cases where the insourced workforce is not paid correctly by their employers, which affectstheir productivity. It is a classic case of ergonomics. Privacy and Confidentiality Numerous projects emphasize the confidentiality factor. There might be instances where a task cannot be outsourced merely because of the sophisticated nature and business goals entangled with it. But then, lack of workforce and budget issues drive a company to go for the insourcing route. It helps in keeping the work in-house and private while supplying it with necessary measurements. There might be a variety of other factors out there depending upon client preferences and conditions. Irrespective of the vendor one chooses, starting a pilot project with a small team is always feasible to assess the outcome’s scope in the long run and scale-up with time seeing the vendor’s fitment with the business objectives and culture.

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6-factors-to-consider-while-selecting-any-algorithm-library
  • April 23 2019
  • admin

6 factors to consider while selecting any Algorithm Library

Processing geometric inputs play a crucial role in the product development cycle. Ever since the introduction of complex algorithm libraries, the NPD landscape has changed drastically, and for good. Typically, a well suitable library streamlines the work process by executing complicated tasks using a wide array of functions. An algorithm library basically works on the principle where it is fed with specific instructions to execute in a way with functionalities customised with it. For example, in manufacturing industry; there is a term known as point cloud library and it holds its expertise in converting millions of point cloud data into mesh models. There are particular algorithms to perform numerous perplexing tasks. There are platforms that use specific and unique functionalities and programming to get the job done. Manufacturing requirements, end product objectives lay down the necessities for choosing a particular algorithm library. This article sheds a light on 6 key factors to consider while selecting any algorithm library. The intersection of AI and 3D printing has long been predicted. AI can analyze a 3D model and determine which parts will fail to form the part. 3D printers can also remove material from failed regions and use AI to create a different version. AI can even analyze a part’s geometry and identify a potential problem so an alternative way to create it can be found. The end result? A better-designed part with a high rate of success. Required functionality Once data has been fed and stored, methods for compressing this kind of data become highly interesting. The different algorithm libraries come up with their own set of functionalities. Ideally, functionalities are best when developed by in-house development team, to suit up in accordance with design objectives. It is a good practice to develop functionalities to address complex operations as well as simple tasks. It is also essential to develop functions which might be of need down the line. In the end, one’s objective defines what functionality laced algorithm library will be in use. Data Size and Performance A huge data can be challenging to handle and share between project partners. A large data is directly proportional to a large processing time. All the investments in hardware and quality connections will be of little use if one is using poor performing library. An algorithm library that allows for the process of multiple scans simultaneously has to be the primary preference. One should also have a good definition of the performance expectations from the library, depending on your application whether real time or batch mode. Processing speed Libraries that automate manual processes often emphasize on processing speed, delivering improvements to either the processing or modeling. This allows for faster innovation and often better, yet singular, products. As witnessed in the case of point cloud, the ability to generate scan trees after a dataset has been processed greatly improves efficiency. A system will smooth interface that permits fast execution, greatly reduces the effort and time taken to handle large datasets. Make versus Buy This situation drops in at the starting phases of processing. Let us take an example of point cloud libraries. Some of the big brands producing point cloud processing libraries are Autodesk, Bentley, Trimble, and Faro. However, most of these systems arrive as packages with 3D modelling, thereby driving up costs. If such is the case, it is advisable to form an in-house point cloud library that suits the necessities. Nowadays, many open source platforms give out PCL to get the job done which has proven to be quite beneficial. Commercial Terms The commercial aspect also plays a vital role in while choosing an algorithmic library. Whether to opt for single or recurring payment depends upon the volume and nature of the project. There are different models to choose from, if one decides to go with licensing a commercial library: A: Single payment: no per license fees, and an optional AMC B: Subscription Based: Annual subscription, without per license fees C: Hybrid: A certain down payment and per license revenue sharing Whatever option you select, make sure there is a clause in the legal agreement that caps the increase in the charges to a reasonable limit. Storage, Platforms and Support Storage has become less of an issue than what it was even a decade ago. Desktops and laptops with more than a terabyte of capacity are all over the market. Not every algorithm library requires heavy graphics. Investing in a quality graphics card is only important if your preferred library demands heavy graphic usage. That doesn’t mean investing in cheap hardware and storage systems available. A quality processor with lot of RAM is decent if the processing task is CPU and memory intensive. Another point to look into, is the type of platform or interface to be exact, the algorithm library supports. Varied requirements call for varied platforms such as Microsoft, Mac, and Linux. The usage, and licensing should be taken into account before selecting an interface. Last but not the least, it is to mention that the inputs from customers are highly significant and there has to be a robust support system to address any grievance from the customer side. Having a trained support staff or a customized automated support system must be given high priority.

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Points to consider while developing regression suite for CAD Projects
  • March 20 2019
  • admin

Points to consider while developing regression suite for CAD Projects

As the development of software makes its progress, there comes a stage where it needs to be evaluated before concluding it as the final output. This phase is usually known as testing. Testing detects and pinpoints the bugs and errors in the software, which eventually leads to rectification measures. There are instances where the rectifications bring in new errors, thus sending it back to another round of testing, hence creating a repeating loop. This repeated testing of an already tested application to detect errors resulting from changes has a term — Regression Testing. Regression testing is the selective retesting of an application to ensure that modifications carried out has not caused unintended effects in the previously working application. In simple words, to ensure all the old functionalities are still running correctly with new changes. This is a very common step in any software development process by testers. Regression testing is required in the following scenarios: Although, every software application requires regression testing, there are specific points that apply to different applications, based on their functioning and utility. Computer-Aided design or CAD software applications require specific points to keep in mind before undergoing regression testing. Regression testing can be broadly classified into two categories, UI Testing and Functionality Testing. UI testing stands for User Interface which is basically testing an applications graphical interface. Numerous testing tools are available for carrying out UI testing. However, functional testing presents situation for us. This content focuses on the points to take care while carrying out functional regression testing. Here are most effective points to consider for functional regression testing: Failure to address performance issues can hamper the functionality and success of your application, with unwelcome consequences for end users if your application doesn’t perform to expectations.

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New Application Development - Addon vs Standalone
  • March 20 2019
  • admin

New Application Development – Addon vs Standalone

At the starting phase of developing an application, the primary question usually comes like this—whether to make it an add-on application or a standalone application? Before we get into the details, we need to understand what exactly these two terms mean in the computing world. An add-on (also known as addon or plug-in) is a software application, which is added to an existing computer program to introduce specific features. As per Microsoft’s style guide, the term add-on is supposed to represent the hardware features while add-ins should be used only for software utilities, although these guidelines are not really followed as terms are mixed up quite often. When a program supports add-ons, it usually means it supports customization. Web browsers have always supported the installation of different add-ons to suit the tastes and topics of different users by customizing the look and feel of that particular browser. There are many reasons for introducing add-ons in computer applications. The primary reasons are: Usually, the host applications operate independently, which makes it possible for developers to add and update add-on features without impacting the host application itself. A host application doesn’t depend on add-ons but on the contrary, an add-on depends on the host application. Add-ons usually depend on the services provided by the host application and cannot operate by themselves. A Standalone application is the type software that doesn’t comes bundled with other independent software features. In simple words, a standalone application does not require any separate software to operate. A stand-alone application deploys services locally, uses the services, and terminates the services when they are no longer needed. If an application does not need to interact with any other applications, then it can be a stand-alone application with its own exclusive local service deployment. Services locally deployed by this application are not available to any other application. A standalone application needs to be installed on every system which makes it hard to maintain. In the event of a system crash or a virus attack, when a system needs to be replaced or reinstalled, the application also needs to be reinstalled. The access to the application is limited only to the systems that have the application installed. Standalone applications can never be kept online, and remote availability of data is practically impossible. However, there are situations where standalone application is the best choice. Here are a few:

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ive-points-to-consider-for-a-cad-software-development-process
  • March 20 2019
  • admin

Five points to consider for a CAD Software Development Process

In any software development process, the methodology involved is more or less the same. The most generic requirements are developers, preferred programming language, testers and carefully planned set of actions to perform. The same can be applied to development of CAD software as well. Having CAD software that can actually meet product development needs is an obvious necessity. Although, there is a lot of common ground between a CAD software development project and a regular software development project, there are criteria very specific to CAD software development projects which needs to be addressed. Let us take a walkthrough: Acceptance Criteria Acceptance criteria are a list that mentions user requirements and product scenarios, one by one. Acceptance criteria explain conditions under which the user requirements are desired, thus getting rid of any uncertainty of the client’s expectations and misunderstandings. However, defining acceptance criteria is not simple, but has its complications. Also, it is not convenient to expect a 100% pass rate. In such case, an ideal way is to have a set of test cases with defined input and output data. Algorithmic Complexities To successfully develop a complex product, two critical questions must be answered, how to develop the right product and how to develop the product right.Unlike some of the other problems like interest rate calculations or workflow management system, there is not a defined set of steps that results in the final answer. There are often multiple algorithms for a single issue and the situation becomes more complicated when a particular algorithm, deemed to be perfect for a given situation, may not perform that well in a different scenario, which often leads to trade offs. Tolerances Tolerance is one of the factors to evaluate product quality and cost. It has a significant role. As tight tolerance assignment ensures design requirements in terms of function and quality, it also induces more requirements in manufacturing, inspection and service that results in higher production cost. Most of CAD data works on variables that are doubles and floats and Floating point precision, Tolerance plays a very important role in the algorithms. When using data from other systems say STEP file from other source, if there is a mismatch in the tolerance, the destination system can cause lot of issues. Risk of Regression Adding a new functionality or improving an algorithm always has a risk of impacting the test cases that were working before the fixes. One should always develop a robust test suite for catching regressions while carrying out testing. To create a regression test case suite one must have thorough application knowledge or complete understanding of the product flow. Interoperability The quick emergence of varied CAD software has led designers to democratize, leading to the usage of multiple CAD systems in the design process, thus challenging the CAD interoperability aggressively. Different suppliers require different CAD platforms. It depends on many factors, primarily the nature of the task and product upon which it has to work. Merging different CAD data together without affecting the design intent is quite the hassle. Although, a lot of software these days support different CAD files, there are instances, where the particulars of a project has made the product confined to that one CAD software. Interoperability eases up extra work and whether to make your own software compatible with other, is a decision that should be seriously taken into account.

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Reverse Engineering: Outsourcing and Beyond
  • January 17 2019
  • admin

Reverse Engineering: Outsourcing and Beyond

FAQs Points to keep in mind while outsourcing reverse engineering services Choosing a Vendor all know reverse engineering is an economical approach towards product development & innovation, which manufacturers often utilize to evaluate and redesign competitor products. Reverse Engineering services involve understanding the product design, system integrity, and manufacturing processes involved to realize the potential required to build a similar or improved product version. The reverse engineering technique is best suitable for producing design data and related technical manuals for products that no longer have any design information. The entire work process involves engineers studying every design feature, associated manufacturing processes, and tools needed for product development and storing information. After digitizing the complete information, suitable design modifications are carried out as per requirements. However, to get things right, one should have an efficient and dedicated engineering team, the right software, hardware tools, etc., which seems difficult to have within the organization. FAQs Here comes the advantage of outsourcing reverse engineering projects where the activities can significantly reduce the cost of product development and burden the engineers who can focus on developing innovative design solutions for the product.Reverse engineering services outsourcing might invoke some hesitancy. To address it, here are some of the crucial benefits of outsourcing reverse engineering projects: Still have more questions, ask us Prescient Technology’s reverse engineering expertise has helped companies meet their designing and innovative demands. If you wish to know more, just click the button below. Points to keep in mind while outsourcing reverse engineering services As feasible as reverse engineering outsourcing sounds, there are specific steps to follow and factors to consider. Few crucial points to discuss when outsourcing reverse engineering services are as follows: Choosing a Vendor After finalizing the decision to outsource reverse engineering service, the next vital step to consider is choosing a vendor. A responsive and efficient vendor makes all the difference. Finding a professional vendor with a high level of efficiency and even heightened work ethic is a complex but satisfying process. Be aware that once you are engaged with a vendor, it becomes a little difficult to break the deal and discontinue ‘business’ with the existing vendor. So choose carefully but commit completely after the contract.When a vendor has been finalized, the organization issues a request for quotation (RFQ). RFQs are created to invite suppliers to a bidding process to bid on specific services/products. The organization should also take a legal approach and have the service provider’s non-disclosure agreement (NDA). This is done to prevent unlawful, authorized distribution, or illicit product adoption.Now that the legal approach and paperwork have been taken care of, the organization sends the physical product to the service provider or the scanned files, depending on the company’s needs. The vendor is also supplied with measurement specifications and related industry standards to follow. Eventually, the vendor creates a digital format and sends it back to the organization for further design modification or innovation investigations.For manufacturers, reverse engineering is a profitable strategy in today’s competitive scenario; however, outsourcing brings along the other benefits that ensure the product development process remains cost-effective. Prescient Technologies is adept at providing outstanding reverse engineering services and has extensive experience in the end-to-end process, so feel free to contact us today.

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Digitization
  • January 17 2019
  • admin

Digitization

For starters, digitization is converting of analog/physical things such as paper documents, microfilm images, photographs, sounds and more into digital (bits and bytes) version. So it is simply converting and/or representing something non-digital into a digital format which then can be used by a computing system for numerous reasons. Sometimes a paper document gets destroyed after having digitized, sometimes we capture the sound and images in the form of video of your presentation at an event, the digital format continues to exist while your voice and physical presentation during that presentation are gone forever. Digitizing doesn’t means replacing the original document, image, sound, etc. Another synonymous term is ‘Automation’ which more or less means the same. The conversion of physical data into intangible format has its benefit and has revolutionized paperwork in its own way. Benefits of Digitization 5 ways digitization is helping the business Automation/Artificial Intelligence There have been debates about automation and development of artificial intelligence (AI) over the last couple of years. All credits to movies and their takes on AI. Some eminent minds have also predicted its dark future. However, AI has already changed the business world with companies gradually automatizing work and other sorts of activities. Almost 85% of industry leaders believe automation will allow their companies to obtain or sustain a competitive advantage. Flexibility of working hours With all the data and information being stored on digital media and devices; digitization has made it possible for us to transform it and access it from anywhere. As a result, we can adjust our work schedule to our personal needs and lifestyle. We can choose how to work and when to work, and we owe it to digitization. Innovation We all know, innovation helps companies come up with groundbreaking ideas, use special tools and business applications for organizing & managing work, reach wider audience and create a better product. Digitization is not only about transforming physical data into digital format, but also about using it and finding new ways of developing/enhancing them. Communication The lack of right information transfer leads to misunderstandings and conflicts. Without proper communication, a business cannot thrive. Communication has always been one of the most important aspects of our lives. Fortunately, there are tools and channels that enable smooth exchange of information. There are tools that facilitate the exchange of thoughts, ideas and opinions such as blogs, websites, conferences and business meetings. Digitization has made it possible to propagate information while providing ready access to information, thereby, consuming less amount of time.

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The perks of Electronic Product Catalog
  • November 24 2018
  • admin

The perks of Electronic Product Catalog

The perks of Electronic Product Catalog An electronic product catalog is a comprehensive list of all your products in a digital publication. Unlike paper catalogs, electronic product catalogs are easier to navigate and maintain regularly. The primary objective of the electronic product catalog is to facilitate product availability and information to customers, thereby pushing sales. In Computer-Aided Design (CAD), such a digital product catalog consists of a list of CAD products readily available to the customers and other prospects. An increasing number of companies resort to electronic product catalogs with information about CAD products available to their customers and prospects. The reason behind this points towards a handful of benefits that electronic product catalogs bring, they are as follows: An excellent electronic product catalog requires some planning and decisions to be perfect for your requirement. Here are the few areas you need to consider and make decisions on: The Product: The first and foremost task is to decide which products you wish to include in the catalog and how you wish to portray them. You may have dozens or even hundreds of products in your portfolio. You could apply the 80-20 rule and decide on a set of products that gives you maximum coverage. Remember to not flood a single page with the bulk of your products, as that kills the purpose of a smooth customer experience. It would help if you also determined how you group your products. Righ grouping results in a better surfing experience. The Platform: Choose the preferred platform to house your product catalog. The most obvious choice is to make it available on your website. However, you could choose to make a Phone App or create a DVD (if you have a vast number of products). You can also go for a host website that works solely to monitor and maintain your catalog. A particular advantage of host websites is their inventory of pre-existing design features, tools, and templates. It saves a lot of brainstorming. The Data format: Decide what data you wish to make available. You can have a plethora of data, and including all of them will mess up your platform. Visual appeal is a must, and you must carefully decide which one to prefer, be it 2D data vs. 3D data, GA or schematic vs. to the scale drawings, dumb 3D models vs. parametric models, etc. The Technology: At a high level, there are two main approaches to solving this: Pre-Cooked and On- The-Fly. In the Pre-Cooked method, data for all configurations of your products are kept in the repository and are delivered on-demand. This option is suitable if your products’ unique configurations are on the lower side, say up to a few hundred. The On-The-Fly method generates the necessary data in real-time using specific master models. It can very easily handle any number of unique product configurations that you may have. Pricing and tax: Pricing and hidden tax rates are crucial if you want a business-friendly e-catalog. You have to decide the price of your products, and they need to be market-specific. Tax and other charges (shipping charges) contribute to the overall cost of a product, and you must make sure they are reflected under the product description or payment gateway. Links and CTAs: Electronic product catalogs work best with links inside. Links are a great way to point buyers to your shop. Alongside links, we have call-to-action (CTA) buttons short text on buttons prompting the customer to take the next step. CTA buttons alongside links are an excellent tool to boost sales. So it is up to you to decide how you want to enhance your catalog. Search Engine Optimization (SEO): Since your e-catalog will be published online for the public to see, you need a robust SEO strategy to ensure your catalog platform is readily available in the search engines. For that, you will need marketing SEO expertise to help you go through SEO objectives. Electronic product catalogs are a fantastic way to showcase your inventory and make sales. Make sure you have ticked off all the necessary do’s and dont’s before launching your e-catalog.

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Mass Customization: Why “built-to-order” is a healthy step for your business
  • November 24 2018
  • admin

Mass Customization: Why “built-to-order” is a healthy step for your business

Product Configurators Mass Customization as a brilliant strategy Nowadays, there is a trend where businesses and consumers opt for more personalized products and services. When scaled appropriately, this trend, called Mass Customization, combines the Customization and flexibility of built-to-order products with low production costs. Mass Customization is the practice of providing products and services built or modified as per a customer’s requirements. In other words, mass Customization involves your blueprint mixed with a professional’s expertise and necessary tools to make the perfect product of your desire, which is uniquely yours. Mass Customization is also called built-to-order or made-to-order. Mass Customization facilitates customized product features while keeping in sync with low unit costs of mass production. Sometimes, mass Customization also involves the modularity of product components. Such flexibility allows effective mix-and-match to build a customized final commodity. Mass Customization has been well adopted in retail, software development, financial services & fintech, and modular home builders. Utilizing such business practices provides an edge over your competitors. With every individual looking for a custom product designed especially for them, more and more companies are now offering Mass Customization to satisfy the needs of their customers. In his book, Mass Customization: The New Frontier in Business Competition, B. Joseph Pine II talks about four mass customization types. They are: CollaborativeCustomization AdaptiveCustomization TransparentCustomization CosmeticCustomization companies collaborate with customers to offer products uniquely crafted to each client companies deliver products based on one standard but customizable by the end-user companies provide personalized products to individual clients without overtly disclosing that they are customized companies build single standard products but deliver them in different ways as per other customer demands Works great in fashion, apparel, & retail businesses It fits good in the lighting, luxury bath fittings sector E-commerce brands and OTT platforms are good examples Applies to textile, food & beverage industry Product Configurators In CAD software development and services, mass Customization is achieved by using web-based tools like Product Configurators which achieves Customization yet results in savings in cost. Software developers apply personalized product configurators that allow end-users to add, change, modify, or tweak certain features & functions of a core product. Don’t miss out your chance to have a customized product configurator today Prescient Technology’s robust IT team can build personalized configurators specifically curated for your business needs. If you have any query, feel free to get in touch with us today. From the top of the pyramid, mass customization can be categorized into two broad areas: Since mass Customization essentially means offering customers according to their orders rather than generic products, it creates a massive differentiator in the minds of both B2B and B2C customers. Let us have a look at how built-to-order personalization works: Configure: The Product Configurators present a simple user interface for customers to try out various options by changing parameters and selecting different options to suit their specific requirements. Once they are satisfied, they can often preview their selections in the form of a 3D model. Instant Quote: The quote generation system is linked to the Product Configurator, helping customers with instant quotes for the selections that they make. Ready to Manufacture: The Product Configurator can generate all the details like manufacturing drawings required by the manufacturing/assembly team without manual intervention. Such innovative manufacturing processes enable the production of interchangeable parts that can be shuffled differently to build a cost-effective product that fulfills client requirements. The levels of automation depend on the complexity of the product and the nature of the sales cycle. It can be autonomous for simple products (typically B2C), and for complex products (typically B2B), it can be semi-autonomous. Even for B2B products, the semi-automatic process dramatically improves the productivity of the sales team and the design team. Product configurators are found at a B2B level across diverse industries ranging from Cranes & Hoists, Material Handling and Storage, Pumps, Valves, Bearings, etc. The benefits are: At a B2C level, product configurators are found across various sectors like laptops, apparel, shoes, jewelry, houses, furniture, etc. The benefits are: Mass Customization as a brilliant strategy There is a term known as “product differentiation,” and mass customization allows manufacturers to postpone product differentiation till the end phase of manufacturing. Customized features are more likely to engage consumers since they get to make many decisions about the operation and makeup. The ability to tweak a product based on personal preference has a high possibility of swinging a client’s choice towards what you have to offer than your competitor. Mass Customization also helps you with excess inventory expenses. A JIT (just-in-time) approach can prevent flooding of inventory unnecessarily. Mass Customization can be used as a part of a marketing strategy where your ability to produce personalized products or provide tailor-made services at a market standard price is used as a lucrative branding of your product. If there is no compromise on quality, on-time delivery, you have a good chance of driving sales, churning profits, and attracting customer loyalty. Prescient Technologes has hands-on experience in creating client-centric, on-demand product config and software solutions and we will be glad to assist you with your needs or queries.

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3D model 3D Printing Additive Manufacturing algorithms Artificial intelligence Ble and Beyond CAD CAD Software Development CAE Cloud Computing customization Digital Factory Digital transformation Digitization Engineering services Fixtures geometric modeling geometry GPS Tracking image processing image recognition Industry 4.0 insourcing Jigs Knowledge-Based Engineering machine manufacturing MES - Manufacturing Execution System mesh model modeling non-parametric optimization Outsourcing parametric point cloud Product Configurator product development Remote Machine Monitoring Reverse Engineering Smart Machines solid modeling Ultra-Wide Band Vision-Based Inspection vision based inspection
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