Information backbone: Strong PLM investment

Abstract

Purpose

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

According to consulting and research firm CIMdata, Inc., the stronger than expected market growth for Product Lifecycle Management (PLM) is attributed to continued recognition of the value of PLM in improving companies' business performance. While some of the world's largest enterprises are improving top‐line revenue growth and bottom‐line performance through PLM, impressive gains are likewise being experienced by smaller and mid‐size firms using PLM to boost productivity and improve competitiveness. PLM adoption is also being helped by the growth of supplier‐developed “packaged solutions”, and product suites being fine‐tuned to better meet mid‐market requirements, along with suppliers who have differentiated themselves by focusing on small and midsized businesses, and companies that are adding extended capabilities and value to PLM implementations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Citation

(2007), "Information backbone: Strong PLM investment", Strategic Direction, Vol. 23 No. 8, pp. 32-34. https://doi.org/10.1108/02580540710759151