In today’s rapidly evolving engineering landscape, organizations are under increasing pressure to optimize efficiency, manage complex requirements, and demonstrate clear business value. However, achieving measurable return on investment (ROI) in engineering processes remains a challenge for many.
To address this, Accuris partnered with Forrester to conduct a Total Economic Impact (TEI) study on Accuris Engineering Workbench (EWB)—a solution designed to streamline engineering workflows and improve decision-making. In our recent webinar, How to Unlock ROI in Engineering, industry experts shared key insights from this study, highlighting the measurable benefits that organizations are experiencing with EWB.
If you missed the live session, here’s a breakdown of the key takeaways—and why engineering efficiency is more critical than ever.
The Growing Need for Centralized Engineering Standards and Efficiency
Jeff Platon, VP of Marketing at Accuris, kicked off the discussion by emphasizing the increasing complexity of engineering environments. With evolving standards and regulatory requirements, distributed teams, and data silos, many organizations struggle with inefficiencies that hinder innovation and slow down projects.
He pointed out that many engineering teams spend a significant portion of their time searching for information, managing outdated data, or dealing with compliance risks—all of which can lead to delays, errors, and increased costs. Specialized standards management software designed for engineering firms can streamline project management and mitigate risks, enabling these firms to improve efficiency, adhere to budgets, and consequently boost profit margins. The key to unlocking sustainable ROI in engineering lies in automation, integration, and smarter knowledge management.
The Importance of Engineering Efficiency
Engineering efficiency is the cornerstone of successful project execution. It empowers teams to deliver high-quality products and services on time, within budget, and with minimal waste. Efficient engineering processes not only streamline operations but also foster better collaboration, reduce errors, and enhance customer satisfaction. By optimizing engineering efficiency, teams can significantly boost productivity, cut costs, and secure a competitive edge in the market. In an era where time-to-market and innovation are critical, engineering efficiency becomes a strategic advantage that can make or break a project.
The Forrester TEI Study: Quantifying the Impact
In the webinar, Roger Nauth, Senior Consultant at Forrester, presented insights from the Total Economic Impact (TEI) study, which measured the benefits organizations gained after adopting Accuris Engineering Workbench (EWB).
The study, based on interviews with real-world users at leading global organizations, found that companies leveraging EWB saw significant time and cost savings. Some of the key findings included:
1. Time Savings: Engineering Teams Reclaim Hours of Productivity with Engineering Software for Smarter Knowledge Management
One of the most striking results was the dramatic reduction in time spent searching for and managing engineering data. Before adopting EWB, engineers often had to navigate multiple databases, sift through outdated files, and manually verify compliance information—a process that could take hours, days, or weeks per project.
With EWB’s centralized knowledge hub and AI-powered search, teams reduced time accessing standards and engineering knowledge by 75%, and reduced time spent researching, referencing, and embedding standards by 20% – allowing engineers to focus on higher-value work.
2. Faster, More Informed Decision-Making with Collaboration Tools
Decision-making in engineering often depends on access to accurate, up-to-date technical information. The TEI study found that EWB enabled organizations to accelerate project timelines by providing real-time access to the most up-to-date and relevant engineering data.
By reducing manual search and collaboration processes and improving communication across teams, companies using EWB reported:
- Improved product development speed
- Faster response times to engineering challenges
- Better compliance with industry regulations
3. Cost Reduction and Operational Efficiency
Inefficiencies in engineering workflows don’t just slow projects down—they also increase costs. The study found that organizations using Accuris EWB experienced direct cost savings in multiple ways, including:
- Lower operational costs by reducing the need for redundant knowledge platforms and manual work throughout the entire engineering lifecycle, from initial design through to testing, production, operations, and obsolescence
- Reduced compliance risks, avoiding costly rework and regulatory penalties
- Optimized resource allocation, ensuring engineering talent is used effectively
Organizations that participated in the study also reported a 10% reduction in technical rework, leading to significant efficiency gains.
The Bigger Picture: Engineering Workbench as a Strategic Advantage in the Entire Engineering Process
Beyond just cost savings, the study reinforced the idea that Engineering Workbench increases engineering efficiency and is a competitive advantage. Organizations that prioritize centralized knowledge, advanced technology like AI and automation, and integrated workflows for better collaboration are not only reducing costs but also:
- Accelerating innovation by freeing engineers from repetitive tasks
- Mitigating risks by ensuring access to the right data at the right time
- Optimizing engineering workflows across global and cross-functional teams
The message is clear: engineering teams that embrace smarter workflows and digital transformation will be the ones that thrive in today’s fast-paced environment.
What’s Next?
If these insights resonated with you, don’t miss out on the opportunity to explore them in more detail.
Watch the full webinar on demand to hear firsthand from Forrester’s experts and see how engineering organizations are using Accuris EWB to drive real ROI.
And be sure to join us for Session 2 this Thursday (March 10), where we’ll dive even deeper into proven strategies for engineering efficiency and ROI with Manuel Parra Palacios from Repsol.
Download the full Forrester TEI report to get detailed insights into the methodology, data points, and customer case studies that back up these findings.
By implementing the right tools and strategies, your engineering team can move beyond operational bottlenecks and start delivering measurable business impact.
Stay tuned for more insights, and we look forward to seeing you at the next session!