Consumer Packaged Goods (CPG) and Food & Beverage (F&B) companies are challenged by product innovation cycle times that cannot keep up with the demands of these fiercely competitive, fast-paced industry sectors…then, on top of this, over 80% of new CPG product introductions fail in the marketplace.1
Other industry megatrends must also be addressed. A billion new middle-class consumers with new consumption patterns are energizing today’s emerging consumer markets. Increasingly complex and diverse industry regulations are slowing the pace of commercialization. Growing supply chain volatility driven by raw material shortages and supplier consolidation further complicates the product innovation lifecycle.
Business as usual is no longer an option. CPG and F&B companies need to innovate faster and at lower cost while maintaining product quality at the highest level to retain competitive advantage and brand equity. Organizations need to transform the way they do business today and reshape their processes through digital transformation.
Now more than ever, CPG and F&B companies need a strategic informatics partner that shares their vision for addressing today’s market challenges by unleashing scientific innovation, improving quality, increasing productivity and lowering costs across the value chain.
Transitioning to a digital enterprise foundation is the first step in building a shared informatics environment where scientists can collaborate effectively to turn research breakthroughs into successful consumer products.
TRANSFORM CONSUMER PRODUCT INNOVATION
THROUGH DIGITAL SCIENCE CPG AND F&B / EXECUTIVE MANAGEMENT
Datasheet
1 2015 Breakthrough Innovation Report, The Nielsen Company
Source: “Accelerating Science-led Innovation for Competitive Advantage,” IDC Manufacturing Insights (2012)
Transformative innovation solutions from Dassault Systèmes BIOVIA® turn the vision into action and results by electronically connecting predictive science, collaborative insight and the digital lab. The goal is to empower teams with diverse expertise to converge quickly on the right set of formulations and ingredients to bring successful products to market faster, while ensuring the highest standards of quality and compliance.
For example, BIOVIA solutions can help reduce the weight of cat litter or deliver the next laundry detergent that uses less water. They can accelerate the launch of a new snack food featuring the latest regional flavor trend. They can lessen environmental impacts and save money by helping companies reduce carbon emissions and find new uses for materials that were once consigned to landfills.
INDUSTRY SOLUTION AND VALUEDigital scientific solutions from BIOVIA can position a CPG or F&B company as an industry leader capable of innovating high quality products that delight consumers. By accelerating open innovation, enhancing quality/compliance, reducing safety risk, improving operational excellence and productivity and driving down costs, CPG and F&B companies can achieve measurable value fast.
16%-22% faster time to market15%-35% efficiency savings per scientist25%-35% increased productivity5%-15% reduced product launch costs
BIOVIA performance benchmarking metrics
WHY DASSAULT SYSTEMES BIOVIA?Dassault Systèmes BIOVIA is committed to enhancing and speeding open innovation, improving productivity and compliance, reducing costs and accelerating new product development from discovery to commercialization for science-driven CPG and F&B companies.
Bring your company’s enterprise vision into sharper focus by entering into a business partnership and executive commitment with Dassault Systèmes BIOVIA. Together we can develop a strategic set of objectives with the aim of achieving significant, mutually-agreed transformational business results for your organization.
To learn more, visit 3dsbiovia.com
Our 3DEXPERIENCE® platform powers our brand applications, serving 12 industries, and provides a rich portfolio of industry solution experiences. Dassault Systèmes, the 3DEXPERIENCE® Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 190,000 customers of all sizes in all industries in more than 140 countries. For more information, visit www.3ds.com.
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Dassault Systèmes CorporateDassault Systèmes175 Wyman StreetWaltham, Massachusetts02451-1223USA
BIOVIA Corporate EuropeBIOVIA 334 Cambridge Science Park,Cambridge CB4 0WNEngland
BIOVIA Corporate AmericasBIOVIA 5005 Wateridge Vista Drive,San Diego, CA 92121USA
DS-9788-0317
ACROSS INDUSTRIES, ABOUT 75% OF PROJECTS FAIL TO EVER REACH THE MARKET
OF THE 25% OF PROJECTS REACHING THE MARKET, TWO-THIRDS FAIL TO MEET THE COMPANY’S ORIGINAL EXPECTATIONS.