The modern stage of development is associated with increasing requirements to products and need for sustainable growth, as well as with strive for effective application of technical achievements, industrial and information technologies. The new production concepts require fundamentally new ways for technological construction. The application of the global information networks allows intensification of production and significant improvement of manufactured product quality. The present paper follows the development of Concurrent Engineering (CE) and systemizes its development directions as a whole complex integrated process. It attempts to clarify and determine the place of CE at the stage of general digitalization of project and production activities in an industrial enterprise. Special attention is paid to new software products and their compatibility to the requirements of modern production reality, such as digitalization, artificial intelligence and virtual reality.
The place and role of CE in the new world of smart technologies is not only a subject of scientific research but also a huge challenge for its practical utility.