Manufacturing Industry

Building PLM's potential: UGS strengthens a new release of its PLM platform with digital manufacturing prowess.(Emerging Technologies)(product lifecycle management)

Industry Week, August, 2005 by Teresko, John

HAS PRODUCT LIFECYCLE management (PLM) software become mission critical? Has it joined the ranks of such software solutions as enterprise resource planning (ERP), supply chain management (SCM) or customer relationship management (CRM)?

Answer: PLM is leading as a strategic imperative, say industry analysts.

The evidence: While ERP, SCM and CRM tackle operational efficiency, PLM's product focus offers revenue-enhancement advantages, says senior analyst Dick Slansky, ARC Advisory Group, Dedham, Mass. For PLM leader UGS Corp., the goal is to digitally transform the lifecycle factors involved in the conception, design, manufacture, service and improvement of the product offering. UGS has set a vision of closing gaps in product lifecycle management while...

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