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.
the integration of plm
This is analogous to the enterprise application integration (EAI) market, since in larger corporation, customers still may prefer integration vendors with renowned product strength, vertical expertise, financial viability, and that are savvy in XML-based B2B integration, multi-platform integration, and workflow management. Finally, a still clear ERP/PLM demarcation line would be that PLM solutions are oriented around creative product innovation processes as opposed to the transaction-oriented world in