Product, project, process, and people represent the four areas of PLM analytics that may help PLM user organizations develop better products, improve the product development process, increase operational efficiency, and better measure employee performance, respectively.
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Project, Process, and People: The Four Ps of PLM Analytics After a product lifecycle management (PLM) system has been implemented and used for a while, the accumulated data within the system becomes valuable. This data not only supports daily operations but it also has the potential to help companies to better understand historical performance and predict the future, if it can be interpreted properly. In fact, reporting and analytics has been a part of some PLM offerings for a while. For instance,