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Industry Summary Articles

Tuesday, September 09, 2014

PLM: The Future Belongs to Open Platforms

Monolithic PLM systems will in future be replaced by modular platforms like CONTACT Elements that are easier to introduce, extend and customize. CIMdata is convinced that this trend is what will make it possible to move from product data management to product lifecycle management.

According to Peter Bilello, CEO of the international consulting and market research company, there is now considerably more interest in open digital platforms. Companies are looking for ways to expand their PDM installations so that they become comprehensive PLM solutions without having to invest excessive amounts of time and money.

CIMdata has identified many areas in which action needs to be taken to support the virtual product and the virtual product engineering processes from initial conception right through to end of life, starting with ideas and innovation management, through requirements management, systems engineering and portfolio management, right up to enterprise BOM management and digital manufacturing. What is needed here are platforms and, based on these platforms, solutions that evolve dynamically.

Key requirements for future-proof PLM systems are that they are easy to maintain and can be upgraded without any great effort, even if custom adaptations have been made. According to the American analysts, another important factor is that they should be scalable, both in terms of the number of users and with respect to the range of functions provided. Stability, reliability and openness are also crucial characteristics for companies using such platforms.

CIMdata sees Contact Software's open component architecture as leading the way in this respect.

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