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Product Lifecycle Analytics Reveals Cost Impacts

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

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By DE Editors  

December 1, 2006

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.


 

 

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