Our research shows that manufacturers achieve significant business value from PLM. The manufacturing industry benefits from new levels of efficiency and control from PLM and now recognizes it as a standard part of the engineering and product development toolkit.
Many manufacturers started their PLM journey by getting CAD files under control. Then, they may have grown more mature and developed BOM and change management processes. They’re getting value but falling short of the full potential PLM has to offer. Times have changed. The world is now more digital, connected, and data-driven. The way companies use PLM must evolve to meet the needs of the modern manufacturer. Fortunately, our research shows that there is significant additional business value available from most current PLM implementations.