PLM: Improving Business Value
Today’s business climate is made up of global teams, more complex products, and new customer requirements for emerging markets. These challenges represent obstacles to successful product development, efficient manufacturing and service, and ultimately time-to-market and profit. Companies embracing PLM not only survive, but thrive in this environment
Product Lifecycle Management, or PLM, is a driver of successful product development, and a strategic contributor to business value across the enterprise. PLM helps product manufacturers manage complex, cross-functional processes, coordinating the efforts of distributed teams to consistently and efficiently create the best possible products.
Addressing Challenges Across the Product Lifecycle
PLM offers broad and deep capabilities, including:
The result is improved profitability through: