Market Assessment: Global Electronic Design Automation (EDA) Market 2017-2021 - Cadence Design Systems, Synopsys, Siemens PLM Software
PLM software deals with different functional levels of an organization, design engineering, manufacturing, and product designing, The need to manage a product from the concept stage to the servitization stage has led to the emergence of PLM software and services. The increase in product complexities and product portfolio across organizations has created a demand for solutions in the production process across industries. The implementation of PLM in an organization improves capital efficiency, revenue generation, and cost management.
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