The final installment in a three-part series that explores the platformization of PLM
ANN ARBOR, Michigan, 3 February 2015—CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces the publication of a new position paper, the final in a series of three that explore the platformization of PLM.
“Linking the Physical and Virtual Worlds: PLM Platformization Sustains the ‘Organic’ Enterprise” looks at how platformization impacts the PLM marketplace as end-to-end lifecycle management becomes increasingly about sustaining the extended enterprise.
In this paper CIMdata suggests the ultimate goal of platformization as one which makes the infrastructure of product and process innovation completely transparent, thus enabling all forms of product-related innovation as the natural focus of the extended enterprise. Fundamentally, platformization is described as a strategy for business agility, one that more than ever is not optional.
According to Peter Bilello, CIMdata’s president, “Traditionally, the primary justification for PLM has been enabling the development of better, faster, and cheaper products. Today, PLM is recognized as the key to sustaining the organic growth of the entire extended enterprise. By taking organic innovation into platformization, the use of scarce resources can be more easily maximized. The bottom line is that the dollars-and-cents calculation for innovative product development results in a speedier return on investment and a lower total cost of ownership.”
“Linking the Physical and Virtual Worlds: PLM Platformization Sustains the ‘Organic’ Enterprise” is freely available for download from CIMdata’s website at http://www.cimdata.com/en/resources/a-cimdata-dossier-plm-platformization.
