Product Life-Cycle Management (PLM) IT Market to See Incredible Growth During 2016–2026
Product life-cycle management (PLM) is an information system which integrate data, processes, business systems, and eventually people in an extended enterprise. PLM software enables an enterprise to manage information efficiently and cost-effectively throughout entire lifecycle of a product. . It includes processes from ideation, design and manufacture and disposal of the product. PLM includes both an information strategy and an enterprise strategy. In information strategy, it includes coherent data structure by consolidating systems. In enterprise strategy, it enables global organizations...
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