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CIMdata Press Releases

Press Releases > February 12, 2003

CIMdata Discusses the Future Direction of the PLM industry in its 2003 PLM Vendor Forum

ANN ARBOR, Michigan, February 12, 2003 — Consulting and research firm CIMdata announces the schedule for its 2003 PLM Vendor Forum. These international one-day events will be held in Detroit and Paris on April 10, and May 21, 2003 respectively. CIMdata will also hold this event in Tokyo the week of May 26th, 2003. The Forums are designed to provide critical market and business information to technology and service suppliers of Product Lifecycle Management (PLM) solutions.

According to Ken Amann, Director of Research at CIMdata, “The focus of our 2003 PLM Vendor Forum is to investigate how we as an industry are able to effectively take PLM to it next level.” He added, “We hope to bring together the PLM solution suppliers to discuss the PLM market, look back at its performance in the past year, and set the vision for its future. We will provide the participants critical information that will enable them to meet industry challenges and expand their opportunities.”

The participants at the CIMdata 2003 PLM Vendor Forum will:

  • Understand the CIMdata view of the evolving PLM industry and its future direction and how this impacts their businesses.
  • Gain an understanding of the PLM market dynamics in 2002 and what drove the investment decisions.
  • Learn how industrial companies invested geographically and by industry in 2002, as well as the forecast for 2003.
  • Gain an insight into developing complementary technologies that may provide an opportunity to expand the value of their offerings to the end user companies.
  • Receive the initial results of the CIMdata 2002 End User ROI study which will provide additional insights into the value that users are receiving and perceiving from their PLM solutions.

For more program and registration information, please visit the CIMdata website at www.CIMdata.com.

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What is PLM?

PLM is much more than data management and CAD. It is a strategic approach that applies a consistent set of business solutions in support of the collaborative creation, management, dissemination, and use of product definition information. It spans the extended enterprise from product concept to end-of-life—integration your people, processes, business systems, and information. Leading solution providers recognize the importance of PLM to business, and major industrial firms are already reaping significant benefits from their PLM implementations, in sectors ranging from aerospace and automotive to consumer packaged goods and petrochemical.

PLM ties together design, manufacturing, purchasing, marketing, suppliers, customers, and other organizations and disciplines throughout extended intercompany supply chains. PLM allows companies to maximize their investment in resources, supply chain participants, and current and future IT technologies. It enables companies to unleash their past investments in multiple IT solutions, while maximizing their return-on-investment.

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About CIMdata

CIMdata, a leading and independent worldwide strategic consultancy is dedicated to maximizing an enterprise’s ability to design and deliver innovative products and services through the application of PLM solutions. CIMdata works with both industrial organizations and suppliers of technologies and services seeking competitive advantage in the global economy.

CIMdata helps industrial organizations establish effective PLM strategies, assists in the identification of requirements and selection of PLM technologies, helps organizations optimize their operational structure and processes to implement solutions, and assists in the deployment of these solutions.

For PLM solution suppliers, CIMdata helps define business and market strategies, delivers worldwide market information and analyses, provides education and support for internal sales and marketing teams, as well as overall support at all stages of business and product programs to make them optimally effective in their markets.

CIMdata provides world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM enabling technologies including product data management (PDM), visualization, collaboration, digital manufacturing, computer-aided design/manufacturing (CAD/CAM), and numerical control (NC). CIMdata also provides expertise in the integration of PLM with other business solutions such as customer relationship management (CRM), supply chain management (SCM), and enterprise resource planning (ERP).

In addition to consulting, CIMdata provides industry education through international conferences in the US, Europe, and Japan that focus on PLM. The company also conducts research, provides PLM-focused subscription services, and produces several commercial publications. CIMdata serves clients worldwide from locations in North America, Europe, and Asia Pacific.

To learn more about CIMdata’s services, visit our website at www.CIMdata.com or contact CIMdata at:
3909 Research Park Drive,
Ann Arbor, MI 48108, USA.
Tel: +1 (734) 668-9922.
Fax: +1 (734) 668-1957

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Copyright © 2003 CIMdata, Inc. All Rights Reserved

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