With a PLM solution in place, a company has the ability to automate, monitor, and track product development and revision processes with their customers, suppliers, and employees amid the increasing pressures of mass customization, globalization, regulatory compliance, outsourcing, and product accountability, which are just some market driving forces.
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management (PDM) systems. While CAD involves the use of high-resolution graphics in product design activities, allowing the quick evaluation and modification of the designer's intent, PDM systems were originally developed as merely vaults for storing and updating data. These on-line vaults replaced paper-based processes and information storage with a single, centralized data repository that enables authorized users throughout a company to access and update current product information, while ensuring they