CIMdata PLM Industry Summary Online Archive

5 February 2007

CIMdata News

CIMdata in the News:   PLM: Boeing's Dream, Airbus' Nightmare

Potential cost savings vary depending on the complexity of the product being manufactured. These savings has translated into PLM becoming a hot software category, growing at an annual compound rate of about 8.3%, according to research firm CIMdata of Ann Arbor, Mich. In a report released in October, CIMdata forecast that investments in PLM would grow from about $19 billion in 2006 to $27 billion by 2010.

The above excerpt is from an article in Baseline that discusses the risks and rewards of PLM. To learn more, read the full article at PLM: Boeing's Dream, Airbus' Nightmare , Baseline, February 5, 2007, By Mel Duvall and Doug Bartholomew.

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