The pandemic has disrupted the fundamentals of how manufacturing companies engage their workforce. Forced to accept the now common practice of working remotely and struggling to maintain corporate profitability, leading manufacturers are turning to outside consulting firms to maintain continuity by tapping into the value that our industry provides.

Disruption to the product development process must be minimized. New products must be conceptualized, trade studies considered, and analysis conducted to vet winning design alternatives. Producing winning products requires consistently getting it right and using best-of-class tools such as those offered within the PTC Partner space.

The good news is that product development firms such as Speed Consulting are eager to help. From farm equipment to jets, when clients engage Speed Consulting, they are teaming with excellence. “Our clients have unexpectedly found themselves with an altered workforce and they are embracing us as welcome partners,” says Randy Speed, the Founder and President of Speed Consulting.

Since its establishment, Speed Consulting has grown manifold by providing top-notch product development and failure analysis services. “When your product will be loaded or stressed and must perform a strict function without failing or hurting anyone, it probably requires engineering and design,” mentions Randy. “Our services go beyond delivering CAD or drawings. We strive to educate our clients regarding their products and help them understand why and how particular designs fail or how they might save money or material by considering aspects that might not be immediately obvious.”

Speed Consulting offers both onsite and offsite educational solutions that help clients better utilize PTC software solutions and reach strategic analytical objectives driven by their project requirements.

We strive to educate our clients regarding their products and help them understand why and how particular designs fail or how they might save money or material by considering aspects that might not be immediately obvious

From application-specific to project-oriented deliverables, the company offers dynamic educational solutions that help clients meet deadlines and project requirements efficiently. Also, its team of highly trained professionals hold years of industry experience. They ensure that clients always receive high-quality services in curriculum type formats as well as hands-on mentoring.

Over time, Speed Consulting has earned the distinction of being named a critical systems support provider by hundreds of industry leaders around the world. A few years ago, the company recognized a need for experienced engineers in the aerospace vertical market. “Aerospace is where many of us got started. For me, an indelible mark was impressed after I witnessed a respectable aerospace company’s attempt to outsource design and analysis work to an inexperienced design shop. I realized that the industry needed experienced and reliable temporary talent. Something that I knew we could deliver on,” states Randy. The result was the creation of a sister company, Speed Aerospace, to offer skilled talent to an industry that has been quickly losing a gifted older generation of engineers. It also expands job opportunities to younger talented engineers who want to move into consulting.

In a nutshell, engineering has evolved dramatically in recent years. Company leaders should consider the entire product life cycle and be invested with an equal balance of hardware, software, and consulting. It is no longer just about purchasing a CAD system. Product descriptions have evolved digitally into a virtual existence. Designs exist now as Model-Based Design (MBD) or Reduced Dimensional Modeling (RDM) - meaning that there are no longer traditional 2D “drawings”. The economic advantages of products defined this way are remarkable. Engineering data management now requires a holistic view of the product development life cycle. System integrator consultants such as Speed Consulting are a vital resource and play a critical role in preparing executives to shape their organizations’ future.