Measuring Organizations’ PLM Readiness
ANN ARBOR, Michigan, 18 July 2017—CIMdata, Inc., the leading global PLM strategic consulting and research firm, released a new eBook focused on Tata Technologies’ PLM Analytics assessments that help companies understand where they are in their PLM journey.
This eBook describes Tata Technologies’ PLM Analytics program which is designed to provide insight and guidance for developing a PLM strategy within an enterprise. Organized into four components (see the figure below), the first level enables a company to start with a quick overview assessment to identify issues and potential directional priorities for their PLM program. With each successive tier, more extensive knowledge is obtained leading to a detailed execution roadmap. Using the results of this methodology helps companies close their PLM value gap.
The Four Components of Tata Technologies’ PLM Analytics Program
(Courtesy of Tata Technologies)
A PLM maturity assessment provides a relative assessment for a company against best practice characteristics built into the assessment model. When the maturity is evaluated and measured, the results can be used to identify potential improvements and goals for a company to help them narrow the PLM value gap and achieve a more effective PLM environment.
According to Mr. John MacKrell, CIMdata’s Chairman, “Companies that are evaluating their current PLM state and contemplating future changes or expansions of their PLM-enabling technologies and processes need to execute a formal assessment as a guide to a beneficial PLM environment that supports the company’s business goals.”
Portions of Tata Technologies’ PLM Analytics were developed in cooperation with CIMdata.
CIMdata and Tata Technologies released a whitepaper on this topic on 21 June 2017.
To learn more about this important resource, please download and read the complete eBook at www.CIMdata.com.
