Nimble Product Design: CAD/CAM/CAE for the Small to Mid-Sized Enterprise

Executive Summary: Despite demands for more complex products at lower costs and in less time, best in class Small to Mid-sized Enterprises (SMEs) hit their product development goals 80% of the time. This report serves as a guide for SMEs that seek to achieve similar business success.

Best in Class Performance: Five key performance criteria were used to identify the Best in Class small to mid-sized companies. Mean performance for the Best in Class in the following three business areas was:

• Achieve target product cost: 88% of the time
• Hit or beat development budgets: 80% of the time
• Reach goals for product revenue: 91% of the time

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