Deferred PLM modernization delays time to value.
ANN ARBOR, Michigan, USA 1 February 2021—CIMdata, Inc., the leading global Product Lifecycle Management (PLM) strategic management consulting and research firm, is partnering with Aras Corporation (Aras), a leading PLM platform provider, to conduct a survey to understand better how companies manage their PLM solution upgrades.
In CIMdata’s experience of consulting with industrial clients, we find that PLM technologies, once implemented, are not modernized (i.e., upgraded) frequently or not at all. Most solution providers make their newest functionality available in their newest releases to encourage their customers to make the move. As a result, most PLM environments are likely lacking in their ability to achieve the objectives of Industry 4.0, Digital Transformation, and other recent and evolving business initiatives. This modernization gap inhibits organizations from realizing PLM’s value outside the traditional product design domain. Earlier CIMdata research into the PLM Value Gap for Aerospace & Defense companies drove this insight, and it remains true today.
In conducting this survey, CIMdata and Aras are trying to characterize the current state of PLM implementations in terms of implementation age, deployment difficulties, upgrade duration, and associated user demographics. The survey takes about 10 minutes to complete. Respondents will receive an analysis of the final results and the opportunity to enter a drawing for a Starbucks gift card or a GoPro HERO9. Responses will be held in the strictest confidence and not attributed to any person or company.
Those interested in this topic may participate in the survey at https://www.eSurveysPro.com/Survey.aspx?id=b1b15023-e28e-46d2-afbf-27dbb758ad78.
