“In the past department stores were built around the idea that consumers will come to the store for inspiration and product discovery. Good old days are in the past now. These days, consumers are getting inspirations online and then coming to department store for products they want to buy. It leaves department store to compete on price only, which is an ugly experience. As a result, one of trends in department store business is to open off-price locations.
You can ask me how is that related to PLM? Here is the thing…PLM industry passed the first phase of cloud development. Which means cloud is an option. And PLM vendors are trying to discover how to maintain existing PLM business and combine it together with off-site (cloud) selling options for customers interested to embark into cloud journey. My attention was caught by the CIMdata article interview – Siemens PLM Software’s Cloud Strategy: An interview with Stephen Bashada”…