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Monday, March 05, 2018

CIMdata Announces the Completion of its Recent PLM Status & Trends Research

Findings suggest that it is extremely difficult for industrial users to move PLM beyond traditional Product Data Management topics.

ANN ARBOR, Michigan, 6 March 2018-CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the completion of its research in to the current status and trends related to the product lifecycle management (PLM) economy.

The goal of the research was to deepen the PLM community's collective understanding of the status, drivers, and preconditions necessary for companies to derive value from their investment in PLM. A web-based survey was developed to identify the key issues.

Significant findings show that:

  • Industrial companies continue to struggle to move their PLM implementations beyond traditional product data management (PDM) topics, such as engineering data management, engineering change and change management, configuration management, and workflow management.
  • The value and importance of PLM is still primarily being seen by the engineering function.
  • The pursuit of future topics, such as AI and machine learning, are still more than five years away for most of the survey respondents.

According to Mr. Peter Bilello, CIMdata's President, "Many of the research findings are heavily weighted towards the traditional aspects of PLM, which is consistent with CIMdata's experience with its industrial clients. Survey responses indicate that industrial companies find PLM to be worth the investment and that PLM budget trends show a continued investment in the near term. The major challenges facing users going forward are the confusion surrounding the overlapping processes and functions of enterprise systems (PLM, ERP, and MES), as well as cultural issues."

For more information on this research contact CIMdata at: This email address is being protected from spambots. You need JavaScript enabled to view it. .

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