Cloud PLM: Market Evolution or Revolution Confirmation
Connected products are now in many industries including high tech, automotive, apparel, medical device, and health & fitness. To put the "smart" in smart products, manufacturers need to manage the development of software and printed circuit boards efficiently along with the development process. Due to the complexity of connected products, OEMs are planning to move to the next generation of product lifecycle management (PLM) solutions that IDC Manufacturing Insights calls the Product Innovation Platform.
This Technology Spotlight examines the opportunity for manufacturers considering the deployment of PLM in a cloud architecture.
You'll discover why many are moving to the next generation of PLM
Some reasons include:
Product complexity, driven by the Internet of Things (IoT) and connected products
Global expansion and competition
Offers a closed loop corrective action preventive action (CAPA) process
Need to collaborate more effectively or efficiently throughout the product development cycle