Collaborative product definition management (cPDM) software solutions is a strategic business approach applying a consistent set of business solutions that collaboratively provide effective and efficient methods for managing the functions of product lifecycle management (PLM).

Albany, NY -- (SBWire) -- 09/21/2015 --They help in effective product data management, collaborative product visualization, collaborative product commerce, effective integration of cPDM with enterprise applications, and supplier relationship management (SRM).

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cPDM software solutions assist in streamlining manufacturing and production processes for efficient business operation. cPDM helps enterprises bring innovative and profitable products to market more effectively in the evolving e-business web-enabled environment. These software solutions are adopted by industries such as the automotive, electronics, industrial machinery, aerospace and defense, process packaged goods, petrochemical, and shipbuilding.

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Technavio's analysts forecast the global cPDM market in the aerospace and defense industry to grow at a CAGR of 10.57% over the period 2014-2019. The report covers the current scenario and the growth prospects of the global cPDM market in the aerospace and defense industry for 2015-2019.

Global cPDM Market in the Aerospace and Defense Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors:
Dassault Systmes
PTC
Siemens PLM Software

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Key market driver
Need for high ROI
For a full, detailed list, view our report

Key market challenge
High product and training cost hindering investments in cPDM
For a full, detailed list, view our report

Key market trend
Availability of cloud-based services
For a full, detailed list, view our report

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