For The Outsourcing Manager
A blind spot in the PLM application definitely puts your design IP at considerable risk
Product Lifecycle Management (PLM) systems play a significant role in modern product development and management. There are multiple stages in the product lifecycle that streamline data sharing among the different PLM entities.
Such shared data may contain highly sensitive information such as trade secrets, intellectual property, private organizational, or even personal information.
In large enterprise systems, it is difficult to understand and track data dissemination. Data sharing across global partners complicates and magnifies the problem further.
The effect of shared data being leaked is one of the key risks. Existing approaches ensure security within the domain of an organization and don’t address protection outside of the environment.
Mature companies find it is cost–effective to outsource design and manufacturing with only the final product assembled in-house.
According to Deloitte, the global outsourcing market is forecasted to grow at an over 7.4% compound annual growth rate (CAGR) from 2019 to reach US$971.2 billion by 2023.
Among the top concerns with contracting disruptive Outsourcing Solutions, Data Security topped with 68%.
Organizations find it difficult to share, in a restricted manner, highly confidential design data across suppliers. The 3D models and 2D drawings shared with suppliers are a valuable source of information for competitors. Consequently, it can lead to revenue loss and impact market share for the outsourcing companies.
What must Outsourcing Managers do?
- Evolve a workable solution based on the organization’s data security strategy
- Facilitate and implement a 360° view of holistic data encryption and protect design data while sharing across vendors
SECUDE is well aware of that critical design elements that are shared with vendors often end up in places beyond one’s control, such as on the file share of an untrustworthy partner or the inbox of a competitor.
SECUDE’s HALOCAD follows a Zero Trust strategy and leverages seamlessly the robust Azure Information Protection (AIP) labeling templates for CAD files in a simple and cost–effective way.
It is imperative that key Outsourcing Managers consider looking beyond traditional DLP in their CAD and PLM applications.