Discrete Manufacturing Product Operations uncovered crucial findings through Propel Software's comprehensive survey analysis
Propel Software, a leading software solution provider, has made a significant mark in the industry, earning recognition as one of America's fastest growing private companies on the Inc 5000, a Deloitte Technology Fast 500 winner, and one of Fortune America's Most Innovative Companies.
In a recent survey titled "State of Product Innovation 2025: AI Adoption and Collaboration Trends Across Four Industries," Propel Software delved into the major benefits of AI and value-chain product collaboration in business. The survey revealed that AI enables companies to accelerate innovation, enhance operational efficiency, and improve customer experiences.
Challenges in Sales and Collaboration
The survey highlighted several challenges faced by sales teams, with quick access to accurate, up-to-date product information (42%) and faster responses to customer product questions (42%) being significant hurdles. Ineffective collaboration between product and commercial teams is also a concern, with 43% reporting issues in this area.
Technology barriers, such as not having a common system or integrated systems, limit or prevent collaboration for 55% of respondents. Lack of collaboration among product teams, including engineering, quality, and supply chain, is negatively impacting product operations.
AI Adoption and Its Advantages
The survey found that high tech industry respondents have the highest percentage (51%) of actively using AI and expanding investment, followed by industrial equipment (32%), consumer goods (26%), and medical devices (24%).
AI offers numerous advantages in product development, including data-driven decision-making, efficient scaling of operations, better team collaboration through shared data insights, sustainable product design, faster iteration cycles based on user behavior, and cost reduction through automation and resource optimization.
Addressing Collaboration Issues
If collaboration issues were addressed, 23% believe it would mainly benefit product quality, and 21% said it would allow for better production decisions. To minimize risk and maintain control, manufacturers should prioritize cloud-native, SaaS-based solutions that consolidate operations onto a single platform.
Survey Findings and Further Information
The survey was conducted among 800 U.S. employees across industrial equipment, medical device, high tech, and consumer goods industries. For more information about Propel Software and the survey findings, visit propelsoftware.com and follow Propel Software on LinkedIn.
For media inquiries, contact Samantha Chapman at [email protected] or Jessica Mularczyk at [email protected].
Static and animated survey infographics are available for review. The survey findings suggest that AI and value-chain collaboration jointly foster smarter, faster, and more customer-centric innovations with tangible business impacts such as cost savings, sustainability, and competitive advantage.
- In the "State of Product Innovation 2025" survey, Propel Software revealed that AI can enhance operational efficiency and improve customer experiences within a business, aligning with their base in software solutions and technology.
- The survey findings indicate that enhancing collaboration between product and commercial teams, particularly in addressing technology barriers, can lead to better production decisions, improved product quality, and cost savings, a key area in finance.
- As the survey emphasized, AI adoption offers advantages in finance and business, such as data-driven decision-making, efficient scaling of operations, better team collaboration, sustainable product design, cost reduction, and faster iteration cycles, all of which can be instrumental in boosting a company's competitive advantage in the cloud-based world.
