Benefits Of PLM: By The Numbers

June 11, 2007
Flexiblity is the most valuable characteristic of PLM tool.

A Capgemini Pulse survey of 40 attendees at the UGS users conference that took place in April yields the following results:

60 Percentage of respondents who consider flexibility to be the most important feature of a product lifecycle management (PLM) tool

35 Percentage who identify reduced time to market as the most important benefit of a PLM tool

55 Percentage who say innovation is the major driver of using PLM principles and tools in their

Source: Capgemini

See Also

Popular Sponsored Recommendations

Gain a competitive edge with real-world lessons on private 5G networks

Nov. 16, 2023
The use of private networks in manufacturing applications is rapidly growing. In this paper, we present valuable insights and lessons learned from the field with the goal of enhancing...

Beware Extreme Software

Sept. 24, 2023
As a manufacturer, you understand the importance of staying ahead of the curve and being proactive in your approach to technology. With the rapid pace of change in the industry...

Modern Edge Computing Accelerates Smart Manufacturing Initiatives for Discrete Manufacturers

Oct. 22, 2023
Discover how Edge Computing platforms are a requisite for discrete manufacturers to solve production challenges, accelerate digitalization, and establish a reliable infrastructure...

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!