Deferred PLM Modernization Delays Time to Value
ANN ARBOR, Michigan, USA 5 May 2021—CIMdata, Inc., the leading global PLM strategic consulting and research firm, released a new eBook reviewing the results of an industrial PLM user study focused on quantifying the impact of PLM upgrades. The study was based on a data-gathering survey executed in Q1 2021to get input from a wide variety of industrial companies using a variety of PLM solutions.
The results presented in this eBook leverage knowledge and key conclusions from earlier CIMdata research on product innovation platforms, PLM solution obsolescence, and the PLM Value Gap. The eBook compares how often the participating industrial companies upgrade their PLM solution, the cost of the upgrades, how long they take, and how customizations impact upgrades. A qualitative measure of upgrade difficultly ranging from very difficult to very easy was also captured and reported.
According to Mr. Tom Gill, PLM Enterprise Value & Integration Knowledge Council Manager, “Keeping a PLM platform up to date is critical in today’s fast-paced world as solution providers are continually releasing new and innovative capabilities. We were thrilled to get the opportunity to quantify the state of PLM upgrades in industrial companies. While we had a sense of the impacts of upgrades from our consulting work with industrial clients, it was interesting to see the data quantified.”
To learn more about the PLM Upgrade Study and how mindshare leaders scored, please download and read the complete eBook at https://www.cimdata.com/en/resources/complimentary-reports-research/white-papers.
