FOSTER CITY, Calif., April 24, 2019 (GLOBE NEWSWIRE) --
Arena Solutions, a leading provider of cloud-based product realization platform solutions for complex product companies in high tech, consumer electronics, and medical device industries, announces
Arena PLM for AWS GovCloud, designed for companies manufacturing products subject to the United States International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR). Electronics defense suppliers can now benefit from a single platform for all product and quality assurance processes from design to sustaining—while complying with Federal security mandates. Arena PLM for AWS GovCloud addresses system access, data storage, and technical data access compliance requirements critical to these regulated product companies.
Recognizing the critical need to retain a technological advantage, the US Congress has enacted reforms to close the defense technological gap and accelerate adoption of commercial technologies for military use. As a result of these changes, commercial firms are leading in defense technologies in the United States, capitalizing on dual-use opportunities for products across sectors. According to a 2018 study by PWC, commercial electronics and technology companies are pushing into defense with innovation, risk-taking willingness, and larger R&D budget spends than past traditional defense contractors. Once a part of the defense supply chain, these companies must adhere to ITAR and EAR regulations, which control the export of defense articles including technical data, defense services, and dual-use articles and technology.
Companies operating in controlled regulatory spaces, including ITAR and EAR, need a secure, transparent single source of product record. “Our customers wanted a solution that provided the product control, collaboration, and quality benefits of Arena, but within an environment that assists with their federally mandated compliance needs,” said Craig Livingston, Chief Executive Officer of Arena Solutions. “Arena PLM for AWS GovCloud makes modern, cloud-based product realization enablement compelling and easy to implement while maintaining the integrity and security of digital export-controlled product data throughout the supply chain.”
Electronics defense suppliers previously limited to on-premise systems, spreadsheets, or cumbersome toolkit systems now can utilize Arena PLM for AWS GovCloud to speed new product development and ensure product quality while meeting critical financial and market goals.
About Arena Solutions
Arena Solutions helps innovative electronic high tech and medical device companies create products that change the world. The Arena product realization platform unifies product lifecycle (PLM), quality (QMS), and requirements management, allowing every participant throughout the product design and manufacturing process to work together. With Arena, teams accelerate product development and delivery to increase profits. For more information, visit ArenaSolutions.com.
Arena and Arena Solutions are trademarks of Arena Solutions, Inc., Reg. U.S. Pat. & Tm. Off. All rights reserved. Other product and company names are the property of their respective holders.
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