What is Cloud PLM?

Cloud PLM Definition

Cloud PLM software enables manufacturers to effectively manage all data and processes associated with new product development and introduction. It brings the entire product record (i.e., assemblies, drawings, parts, requirements, etc.) into a unified, controlled system, enabling product teams and supply chain partners to collaborate in real-time on the latest designs. By automating processes such as engineering changes, BOM management, and project management—the entire product team can speed the design, development and production of new products, while driving continuous improvement.


Why do we use PLM in the cloud?

Cloud PLM provides a controlled and automated way to manage product and quality processes throughout the entire product lifecycle. By bringing together the key elements of the product record into one shared platform, it eliminates data silos, errors, and communication gaps. This enables dispersed product teams and supply chain partners to work more efficiently and drive faster product launches.

What is the function of PLM?

Product lifecycle management is the process of managing all data and processes that are tied to the product record—from concept through design, development, and production. Product lifecycle management enables manufacturers and their supply chain partners to streamline product development and drive continuous improvement.

What are the four stages of the product lifecycle?

The four stages of the product lifecycle are:

  1. Introduction
  2. Growth
  3. Maturity
  4. Decline

The Cost

Delivering new products to market is challenging. And it is difficult to see the cost impact of one or more mistakes.

Try our calculator to estimate the impact on your business. Input your business details, select a challenge, and see the real-world cost impact as validated by our customers.