CIMdata PLM Industry Summary Online Archive

13 July 2004

CIMdata News

CIMdata in the News (forbes.com)

Product life-cycle management (PLM) strategies are helping manufacturers bring new products to market quicker. As part of that effort, PLM technology doesn't just accelerate what will be made, but also how it will be made.

The "how" is where a PLM subsegment known as manufacturing process management (MPM) or "digital manufacturing" comes in. Ken Amann, research director with Ann Arbor, Mich.-based analyst firm CIMdata, says MPM is an area of expansion within the collaborative Product Definition management (cPDm) portion of the PLM market.

Amann estimates MPM could be headed for 20-percent to 30-percent growth over the next few years. "MPM initially has been driven by use from larger companies, but over time, as solution suppliers fine-tune their offerings, adoption will flow down to the midmarket," says Amann. The entire article is available at Digital Manufacturing Seen as High-Growth PLM Segment , (forbes.com, July 13, 2004) By Staff.

 

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