PROMISE - Product Lifecycle Management and Information Tracking using Smart Embedded Systems

Trackway is proud to be associated with the EU Sixth Framework funded research project PROMISE-PLM.

PROMISE-PLM focuses on gathering, processing and delivering relevant product information during the complete lifecycle of the product, addressing existing gaps in the information flow and creating better understanding of total life cycle events and the total costs of products over the lifecycle.

By feeding product critical information back to the earlier design and production phases and forwards to the appropriate intervention areas PROMISE-PLM gives key players effective instruments to create better services and add value to the composite product.

The breakthrough contribution of PROMISE-PLM is to allow information flow management to go beyond organisational barriers, securely. It effectively closes the product lifecycle information loops using the latest ICT (Information and Communication Technology), and seamlessly transforms that information into knowledge.

New generation Product Information Tracking and Flow Management systems allow all actors involved in the product’s lifecycle (managers, designers, service and maintenance operators, recyclers, etc.) to track, manage and control product information at any phase of the product lifecycle at any time and from any location.

Benefits of PROMISE-PLM

• Producers
  Complete data about the modes of use and conditions of retirement and disposal of their products, lowers manufacturing costs and gives product a new life.
• Service and maintenance and recycling experts
  Complete up-to-date information about the status of a product and real-time decision support through the internet.
• Designers
  Exploit the expertise and know-how of other players in the product’s lifecycle, improving product design and production facilities, reducing time-to-market.
• Recyclers/re-users
  Obtain accurate information about “value parts and materials” arriving via EOL routes.
• End users
  Promise-PLM delivers better value and ROI