Business Services Industry

PLM: The missing link?(product lifecycle management software)

Electronic Business, October, 2006 by James, Geoffrey

By Geoffrey James, Contributing Writer

Product lifecycle management isn't just for the Fortune 1000 any more

Product lifecycle management--software that tracks a product through design, manufacturing and support--until quite recently was a classic Fortune 1000 application. PLM vendors fell into two general categories: technical software firms (such as Dassault Systèmes ) extending their products beyond engineering and manufacturing, and business software firms (such as SAP ) expanding their products beyond the corporate financial infrastructure. To get into PLM, therefore, a company needed either a fairly sophisticated engineering system or an up-and-running ERP system, both of which involved a substantial IT investment.

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