CIMdata PLM Industry Summary Online Archive

1 June 2007

CIMdata News

CIMdata in the News "PLM Market Grows To Meet Integration Challenges; Market is estimated to hit $30 billion by 2011"

John Teresko in this "PLM Market Grows To Meet Integration Challenges" article provides insight into the growth of the PLM market:

The attraction is PLM's prowess in supporting the collaborative creation, management, dissemination and use of product definition information across the extended enterprise. That strength, however, is easily jeopardized by improperly integrating the systems that make up a PLM implementation, cautions Ed Miller, president of CIMdata.

His point: PLM is not just a set of technologies, but a strategic business approach that integrates people, processes, business systems and information. "PLM success requires the implementation strategy to focus on optimizing the business process. As newly developed niche technologies expand the PLM footprint, implementers must remember that the goal is not technology optimization, but use of the technology to optimize the business process."

To read the full article, please access PLM Market Grows To Meet IntegrInation Challenges , (IndustryWeek, June 1, 2007) By John Teresko.

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