DE · Topics · Design

Product Lifecycle Analytics Reveals Cost Impacts

Akoya's commercialized PLA software assesses costs during product design process.

Akoya's commercialized PLA software assesses costs during product design process.

By

By DE Editors

The recent commercialization of the Product Lifecycle Analytics (PLA) product suite from Akoya, Inc. (Northfield, IL) gives product managers a data-driven platform that aims to assess the total cost impact of a product’s design throughout the project. 

Research has shown that 80 percent of the design cycle can be spent re-working the product to meet cost parameters. With Akoya PLA, designs can be evaluated for cost-effectiveness during conception and throughout the product design and its lifecycle. Akoya PLA is said to analyze part features and construct “baseline target cost” curves for ongoing reviews.

For more information, visit akoyainc.com.

Sources: Press materials received from the company and additional information gleaned from the company’s website.


 

Share This Article

Subscribe to our FREE magazine, FREE email newsletters or both!
Join over 90,000 engineering professionals who get fresh engineering news as soon as it is published.
  Join Now  




About the Author

DE Editors's avatar
DE Editors

DE’s editors contribute news and new product announcements to Digital Engineering.
Press releases may be sent to them via [email protected].

Follow DE

Related Topics

Design   All topics
#11088