What is SaaS PLM?

SaaS PLM Definition

SaaS PLM is a cloud-based product lifecycle management software. The software is based on a pay-as-you-go subscription model, which eliminates the large infrastructure expenses and upfront software purchases that are often associated with traditional on-premises software.

Product and quality processes are managed in a controlled and automated manner throughout the entire lifecycle with the help of SaaS PLM software. It integrates mechanical, electrical, and software designs into a single shared platform, allowing dispersed teams to work on the design before releasing the finished product to downstream systems.

Furthermore, SaaS PLM minimizes collaboration latency, data mistakes, and security challenges, resulting in faster product launches.

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.