Product Lifecycle Management (PLM) Market Future Growth of 8.1% CAGR over the Forecast Period 2015 – 2022
Product lifecycle management (PLM) represents an overall vision and systematic data management related to the product design, production, support as well as its ultimate disposal in a product development process in organizations. There are certain variables such as time, functions, performance, and price that change frequently with the product lifecycle processes. Therefore, the product innovation process should be done based on the changes in above mentioned variables to meet the market the demand. Delivering right product at right time is...
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