openBoM | 20 Most Promising PLM Solution Provider 2016
openBoM: Manage Bill of Materials Across Distributed Environments
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CIOREVIEW >> Product Lifecycle Management >> openBoM

openBoM has been recognized by CIOReview Magazine as the recipient of “20 Most Promising PLM Solution Providers 2016,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Oleg Shilovitsky, CEO and Co-Founder.

openBoM
Manage Bill of Materials Across Distributed Environments

OpenBoM

Oleg Shilovitsky, CEO and Co-Founder
Despite being of paramount importance in the product based industry, managing a Bill of Materials (BOM) is still a challenging aspect in engineering and manufacturing. The complications increase as BOM lifecycle does not reside in just one system or domain, but in multiple enterprise systems. An erroneous or incomplete BOM can cause lost weeks in a schedule and result in wasted production runs. As organizations expand their business with more innovative products, effectively managing accurate product definitions, including BOMs, have become imperative. “BOMs are the lifeblood of manufacturing. For engineers, BOMs are either in the form of a drawing or a ‘miracle’ inside PLM and ERP systems—ending up as spreadsheets,” says Oleg Shilovitsky, CEO and Co-Founder, openBoM. There is a growing need to interlink BOMs, making them shareable and reference-able in ways that transcend technical drawings. The ability to access information and seamlessly collaborate is extremely important. “Availability of BOM information as well as data handover in a distributed environment led to the conceptualization and creation of openBoM for cloud data management and collaboration,” he adds.

Shilovitsky, along with Co-Founder Vic Sanchez, developed openBoM, a fresh approach to removing the pain of tracking BOM data spreadsheets across networks of engineers, supply chain managers, and contract manufacturers. openBoM takes advantage of the latest cloud technologies to provide a BOM and supply chain solution capable of operating in scenarios different from the typical company focused approach. As a cloud based solution, it offers the quickest ROI for solving manufacturing problems in distributed environments. openBoM provides a very attractive alternative to CIOs looking for an affordable solution to their BOM and supply chain challenges. “We differentiate between existing solutions adapted to new cloud realities and native cloud multi—tenant solutions leveraging modern data management trends,” explains Shilovitsky.

openBoM boasts of an approach that blends the simplicity of Microsoft Excel and data management sophistication, along with simultaneous editing and collaboration that is present in Google spreadsheets. Multi-tenant data management allows users to share data and collaborate seamlessly between organizations and individuals without the need to export/import/sync data.

We have taken great effort in integrating openBoM with design and other enterprise tools


openBoM’s ability to track history and revisions provides a powerful capability to manage data and semantic relationships of BOMs at a very granular level.

The company is adept at getting data out of Computer-Aided Design (CAD) environments, enhancing BOMs, and enabling collaboration while handing over change reports to contract manufacturers. “We have taken great effort in integrating openBoM with design and other enterprise tools,” elucidates Shilovitsky, “to enhance our offering, we are partnering with Autodesk, Siemens PLM, Solidworks, Altium, and Onshape to support CAD system integration with openBoM.” The user experience provided by openBoM is very similar to that of Excel, while extending it with sophisticated invisible data management, real-time collaboration, and integration with mechanical and electronic computer-aided design.

“As part of the future development of openBoM, we will provide seamless integration with catalogs of electronic and mechanical parts, inventory management, configurations, change control and more,” Shilovitsky says, “openBoM subscriptions,” he continues, “are available for direct purchase on our website and also from the Onshape App store for Onshape users.”

As an industry thought leader, Shilovitsky shares information and commentary about engineering and manufacturing software on his personal blog, Beyond PLM (beyondplm.com). He continuously provokes discussion on a variety of topics, and builds relationships with industry experts. Several important trends openBoM is anticipating include One Click Manufacturing, real-time collaboration, enterprise cloud software, and others.

openBoM follows the aforementioned trends accumulating the latest industry vision of simplification, cloud computing, the growing hardware renaissance and distributed manufacturing.

openBoM

News

OpenBOM Takes the Lead in G2 PLM Group Based on Customer Reviews

Friday, March 17, 2023

NEWTON, MASS: OpenBOM , a cloud-based digital thread platform has secured the top spot in the G2 Product Lifecycle Management (PLM) software category based on customer reviews.

G2, a leading business solutions review platform, collects feedback from verified users of software solutions and uses that data to rank providers in various categories. OpenBOM received high marks from customers in areas such as ease of use, quality of support, and overall product satisfaction.

"We're thrilled to be recognized as the leading PLM provider by G2 based on feedback from our customers," said Oleg Shilovitsky, CEO and Co-founder of OpenBOM. "Our team is dedicated to providing an exceptional user experience and helping our customers streamline their product development processes."

OpenBOM's cloud-based platform provides a centralized location for managing product data, including CAD files, BOMs, engineering change orders, and supplier information. Its intuitive interface and powerful integrations with popular design tools such as SolidWorks, Autodesk, and Onshape have earned it high marks from customers across a range of industries. OpenBOM’s patented BOM collaboration methods allow streamlined communication between engineers and contractors while global access to the platforms allows engineering teams and manufacturing companies across the globe to use OpenBOM.

“OpenBOM - the tool that should have existed 20 years ago. OpenBOM is the most cost-effective tool for managing design, hands down. I have used OpenBOM as a team of 1 and grew it for a team of 30. While it does have its limitations, the ease of use, speed to deploy and simply put it in a class of its own. Excellent job, OpenBOM team!” (Small Manufacturing Company, 50 employees)

OpenBOM “is a powerful tool for creating & tracking parts & BOMs. I love all the information that OpenBOM puts at my fingertips. The catalog feature lets me quickly see parts for a specific product, photos, vendor details, costs, quantity on hand, CAD files, etc. Everything can be customized from one project to the next. There are a lot of features, but so far, figuring things out has been pretty intuitive” (Director of Operations, small manufacturing business)

“OpenBOM is an essential tool for companies. The OpenBOM has an intuitive and User-Friendly Interface and a good tool for integrating SolidWorks with OpenBOM that makes the workflow even faster and easier” (Medium size manufacturing company up to 50-1000 employees)

OpenBOM's recognition as the top PLM provider by G2 is a testament to its commitment to providing a best-in-class product and outstanding customer service. To learn more about OpenBOM and its cloud-based BOM and product data management solution, visit http://www.openbom.com.


20 Most Promising PLM Solution Providers 2016

Company
openBoM

Headquarters
Newton, MA

Management
Oleg Shilovitsky, CEO and Co-Founder

Description
openBoM is offering cloud based data management tool for manufacturing organizations that operate in distributed environments

20 Most Promising PLM Solution Providers 2016

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