The product development life cycle - innovate, conceptualize, plan, design, procure, produce, deliver, service, and retire - naturally includes multiple people, operating in multiple departments, and typically from multiple companies, each with locations in multiple countries around the world. Solving inherent difficulties that result from managing this complexity are the raison d’être for PLM solutions.
traditional PDM functions, CAD/CAM drafting capabilities, project management, and support for sourcing. Again, for pure-play point solution vendors that decide not to build out this functionality, there will be increasing pressure to deliver better (and cheaper) integration to existing tools. About the Authors Predrag Jakovljevic is a research director with Technology Evaluation Centers, Inc. (TEC), with a focus on the enterprise applications market. He has over fifteen years of manufacturing industry