The accolades keep coming for Arena. This week, Arena Cloud PLM was ranked as the most affordable PLM solution provider in Business-Software.com’s Top 10 Product Lifecycle Management (PLM) Software Report (2013 Edition) Arena was recognized as the only cloud-based solution to make the list and was also ranked as the most affordable.
“This award validates our mission whereby Arena’s cloud-based PLM solution is both cost-effective for innovative startups and yet robust enough to satisfy the demands of a global enterprise,” says Kent Killmer, Arena’s vice president of marketing. “Rare is the case when the perfect storm comes together where a cloud SaaS provider is recognized for being affordable and yet still possessing leading edge technology to drive market functionality beyond feature-parity.”
More companies are embracing the power of PLM to integrate their people, data, processes and business systems. Arena’s PLM solution helps organizations overcome the increased complexity and engineering challenges of developing new products for the global competitive markets. In addition, companies can manage the entire lifecycle of a product from its conception, through design and manufacturing – to end of life.
Arena’s wide-ranging marquee customers, which include GoPro, Lytro, SiriusXM, and SunLink, depend on Arena's patented cloud-based PLM solution to streamline the manufacturing process to efficiently design innovative products and ship them to market quickly. Arena’s Spring 2013 product release included significant new functionality designed to offer Arena PLM customers — including a growing number of larger companies — new capabilities around IP control and better visibility into their entire product lifecycle.
“Our new features deliver on the promise of cost savings and ease of implementation offered by cloud-based solutions,” says Steve Chalgren, Arena’s vice president of product management and strategy. “By broadening our ability to solve more complex problems for our customers, we are achieving a much deeper partnership with companies that range in size from fast-growing startups in need of a scalable solution, to larger customers with sophisticated challenges. We’ve become the de facto PLM of choice for innovative manufacturers in Silicon Valley.”
Arena’s PLM solutions have helped manufacturers of all sizes realize the benefit of manufacturing in the cloud by providing customers up to 70% reduction in ECO cycle times and a 20% reduction in time to market. Arena helped Sierra Wireless streamline its supply chain processes so dramatically, they were able to release 173 new products in the first year.
Chalgren describes the Spring 2013 release as the first in a number of steps intended to expand Arena PLM’s market attractiveness. Says Chalgren, “We’re happy to be recognized as a Top 10 PLM provider, but our goal — via our commitment to delivering superior cloud PLM features— is to be acknowledged by the industry as the TOP of the Top 10.”