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Fourth Module of the 2022 PLM MAR Report Series ANN ARBOR, Michigan, 28 July 2022—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata PLM Geography Analysis Report, the fourth of five modules of the CIMdata 2022 PLM Market Analysis Report Series. The MAR Series provides detailed information and in-depth analysis on the worldwide PLM market during 2021. It contains analyses of major trends and issues; revenues of leading PLM providers; and revenue analyses for geographical regions, industry sectors, and historical and projected data on market growth. The PLM market grew to $60.6 billion overall in 2021 (11.9% growth over 2020). The Americas region was 38.1% of the global PLM market in 2021 and is forecast to grow at a CAGR of 10.3% to $37.6 billion in 2026. EMEA (33.3% of the global market) and AP (28.6%) will have CAGRs of 9.6% and 10.4%,

 PDF Key takeaways: The concept of the digital thread has become important to many industries, expanding well beyond its roots in discrete manufacturing. The Bill of Material (BOM) is at the core of the digital thread, and the nexus for information that industrial companies want to associate with the BOM as it evolves from idea through life. OpenBOM, a recent entrant into the market, offers a cloud-native, multi-tenant solution that helps companies and their value chain partners collaborate around the BOM. OpenBOM’s customers have started to expand their use of OpenBOM’s delivered capabilities into use cases more typical of other enterprise software such as ERP and PDM. Introduction The concept of product lifecycle management (PLM) emerged in the late 1990s, but manufacturers have managed the lifecycle of their products well before manufacturing at scale began. It was only through the application of digital technology to the product lifecycle, starting in Industry 3.0, through to Industry 4.0 and,

This one-day event organized by CIMdata will be held in conjunction with the Global Product Data Interoperability Summit. Ann Arbor, MI, USA 28 July 2022—CIMdata is pleased to announce that it will be hosting a one-day PLM Road Map™ conference at the 2022 Global Product Data Interoperability Summit (GPDIS). GPDIS will take place as a live event at the McCormick Ranch Hotel, Scottsdale, AZ, on September 28 & 29 and PLM Road Map will take place the day before on Tuesday, September 27th. The theme for PLM Road Map is "Digital Transformation and PLM – a call for PLM Professionals to redefine and reposition the benefits and value of PLM." Over the last decade, the pace of change in PLM-enabling technology has accelerated year over year, and this trend appears set to continue. Each year, the opportunity and challenge of emerging technologies and the widening value footprint of PLM confront PLM professionals. Compounding

Aspen Technology, Inc. (“AspenTech” or “the Company”), a global leader in industrial software, announced that it has entered into a definitive agreement to acquire Micromine - a global leader in design and operational management solutions for the mining industry, from private equity firm Potentia Capital and other sellers for AU$900 million in cash (approximately $623 million USD). The transaction complements AspenTech’s existing asset optimization solutions and positions the company in a leadership role to deliver the “Digital Mine of the Future,” in support of excellence in operations with a focus on safety, sustainability, reliability, and efficiency. In addition, AspenTech is now uniquely positioned to help mining customers address the dual challenge of meeting the demands of a growing population with an increasing standard of living, while reaching sustainability goals. AspenTech’s innovation and unique expertise in digitally transforming the chemicals and oil and gas industries will be critical to the mining industry as

Bechtle AG is taking the next step in its strategy of international acquisitions, ramping up its market presence in the Netherlands with a further IT system house. The latest purchase, Axez ICT Solutions B.V. is specialised in hybrid IT environments and cloud solutions, building up the competences of Dutch IT service provider PQR, which the Bechtle Group acquired in May. First established in 2009, Axez is firmly embedded in the market and has a broad customer base in the Netherlands. In the past fiscal year, its 22 employees have generated revenues in the amount of 17 million euros. Located in Rijswijk near Den Haag, the company’s activities centre on its capabilities as a certified Platinum Partner of Hewlett Packard Enterprise and Aruba, and in particular its outstanding expertise in the fast growing business with HPE GreenLake. Axez is set to be fully incorporated into PQR, bringing with it 13 years

HCL Technologies (HCL), a leading global technology company, and VMware, Inc announced the launch of HCL’s dedicated VMware business unit to help enterprises unlock the untapped value of multi-cloud and app modernization. The new unit combines the power of HCL’s CloudSMART Framework with VMware’s Cross-Cloud services to help enterprises accelerate cloud transformation, scale cloud-native platform operations and empower hybrid workforces. HCL’s new VMware business unit is part of its Strategic Alliance Partner Ecosystem, which leverages the CloudSMART Framework to provide multi-cloud and app modernization solutions. HCL will help enterprises pursue the path of digital dominance by aligning transformation with overall business objectives while remaining agile through cloud freedom and enterprise control enabled by VMware product and service offerings.  “We are in a macroeconomic environment where ecosystems must collaborate to provide innovative and effective solutions that the industry requires,” said Anand Swamy, Senior Vice President, Head of Tech OEM Ecosystems, HCL Technologies. “Our new VMware business

Infor, the industry cloud company, announced the appointment of Isabella Kusumawati as vice president and managing director for Southeast Asia and Korea (SEAK). Based at the company’s regional hub in Singapore, Kusumawati will be responsible for scaling Infor’s SEAK business, driving customer success and strengthening the ecosystem to spearhead the next phase of growth across Singapore, Thailand, Malaysia, Indonesia, the Philippines, Vietnam and Korea. “We are thrilled to welcome Isabella to Infor to lead our fast-growing SEAK region. She is a seasoned and well-respected leader in the industry, with a strong track record in driving customer transformation and building high-performing sales teams in top technology companies across the globe,” said Chema Aramburu, executive vice president and general manager for Asia Pacific & Japan. “Digital technologies such as cloud, mobility, artificial intelligence and IoT continue to present immense opportunities for us to help our customers accelerate innovation across their business. I am

Infosys, a global leader in next-generation digital services and consulting has committed to hiring 300 Singaporean workers over the next three years across a variety of roles. To support Singapore Government’s ongoing programmes to create employment opportunities for freshers and mid-career professionals, Infosys has collaborated with Infocomm Media Development Authority of Singapore (IMDA), a statutory board, under the Ministry of Communications and Information. Infosys will aim to hire technology professionals, mature PMETs (Professionals, Managers, Executives, and Technicians) from tech and non-tech backgrounds, as well as fresh graduates from polytechnics and universities to create a skilled and future-ready workforce in Singapore. Infosys, along with Infosys Compaz (iCompaz) – a joint venture between Infosys Limited and Temasek Holdings – will hire these individuals as part of IMDA’s TechSkills Accelerator (TeSA) Company-Led Training (CLT) program. Infosys’ strong training and education infrastructure has allowed the company to cultivate top tech talent over the years, outside traditional tech, and provide employees

Centric Software®, the Product Lifecycle Management (PLM) market leader, introduces industry-driven new tools for food & beverage retailers, brands and producers to overcome market challenges with its latest release, Centric PLM v7.5. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source and sell products such as apparel, footwear, sporting goods, furniture, home décor, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals. “The food and beverage industry is particularly sensitive to supply chain disruption, and is confronting other market disruptions, such as the shift towards hybrid working, price fluctuations and rapidly changing consumer preferences,” says Ron Watson, VP of Product at Centric Software. “Centric PLM brings teams together in one digital location with access to real-time product go-to-market data to make decisions, work collaboratively and react swiftly to roadblocks. Working closely with our innovation partners and Customer Advisory Board, we have developed

Fosfor, the Data Products Unit of Larsen & Toubro Infotech, a global technology consulting and digital solutions company has partnered with Women in Data (WiD), a non-profit with the mission of creating diversity in data careers. WiD is a global community of women in data careers with nearly 50 chapters across 30 countries. It is a place for data enthusiasts of all backgrounds to connect, grow, and lead together. The goals of the partnership are twofold: The Fosfor team will collaborate with WiD on efforts to educate women in college and in the workforce on opportunities in the data and analytics field. The Fosfor team will work with WiD provide mentorship and career opportunities to women in the data and analytics field—and to leverage Women in Data’s extensive network to secure talent for its rapidly growing organization. The partnership is built on a number of collaborative thought leadership initiatives as well as Women in Data memberships