Smart Applications

Product Lifecycle Management(PLM)

product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise

PLM, is a driver of successful product development, and a strategic contributor to business value across the enterprise. PLM helps product manufacturers manage complex, cross-functional processes, coordinating the efforts of distributed teams to consistently and efficiently create the best possible products.

PLM offers broad and deep capabilities, including:

1. Requirements management
2. Product data management
3. Visualization and digital mockup
4. Program & portfolio management
5. Change and configuration management
6. Manufacturing process management
7. Quality management

The result is improved profitability through:

1. Increased revenue via successful product introductions
2. Reduced product and development cost
3. Accelerated time to market
4. Improved product quality