Product Lifecycle Management (PLM)
Streamline product development and drive innovation for a competitive advantage
PLM is a Holistic Approach to Product Development
Product Lifecycle Management incorporates every aspect of a product’s lifecycle – from innovation through to repurposing, reuse and recycling. PLM platforms are suites of connected software bringing together people, processes and data, creating a seamless collaborative environment. And making product creation simple, successful and sustainable.
What Can PLM Do for Your Organization?
Shorten Time to Market
Enable design teams to work faster thanks to centralized access to real-time data and developments. Remove time-consuming inefficiencies, like the need to replicate data across different systems, or transfer data from one department and system to another as products progress through development stages.
Reduce Development Costs
Drive ROI both through general efficiency gains and speed-to-market improvements, and through specific savings in manufacturing-related costs. Reuse of materials and consolidation of part designs and suppliers saves on material and component costs.
Accelerate Revenue Growth
Revenue growth is a bigger contributor to profit than cost reductions. PLM is uniquely able to support increased revenue by facilitating earlier market introduction and freeing up resources to drive innovation.
Safeguard Product Quality
Quality issues always entail costs and often have further consequences such as erosion of customer confidence and loss of sales over time. Ensure product quality by making it easy to stay in control of all product, part, manufacturing, and compliance details.
What Can You Do with Your PLM Platform?
Innovate
Collect ideas and requirements, and directly create your digital twin with all data connected to the 3D model.
Design
Advanced engineering and systems engineering with the most effective design tools directly integrated into your PLM platform.
Govern
Structures and protects your IP, ensuring that your data is secure, accessible, and traceable.
Simulate
Gain valuable, real-world insight through fully functional simulation models of your products.
Manufacture
Visualize virtual manufacturing, make digital prototypes, and plan for production and operations.
Market
Create visualizations, instructions, and collateral directly from the design model.
Repurpose
Comprehensive control over your entire product lifecycle with full traceability of processes and materials.
How Can You Implement Product Lifecycle Management?
- Shorten time to market
- Reduce development costs
- Accelerate revenue growth
- Safeguard product quality
- Local hosting
- Internal security
- Customizable deployment
- Rigid infrastructure
- Capital expenditure
- Shorten time to market
- Reduce development costs
- Accelerate revenue growth
- Safeguard product quality
- Flexible hosting
- Adaptable security
- Fast to deploy
- Easily scalable
- Lower capital investment
- Shorten time to market
- Reduce development costs
- Accelerate revenue growth
- Safeguard product quality
- Cloud hosting
- Reliable security updates
- Deploy in minutes
- Flexible scalability
- Operational expenditure
