Product development has traditionally been seen as the responsibility of research and development (R&D) or engineering departments. Hand-in-hand with product development comes product lifecycle management (PLM), a function which is often wrongly positioned as product data management and thus rarely used to its full potential.
Product lifecycle management (PLM) is a key lever of profitable growth for organizations that introduce highly engineered, function-rich products. Such products, exemplified by the iPhone, are characterized by complex design engineering and extended supply chains.
Accenture has announced plans to acquire PCO Innovation, an international consultancy and systems integrator focusing on product lifecycle management (PLM) software.
New-product forecasting is occupying an increasingly large portion of the planner's job. Patrick Bower, senior director of corporate planning and customer service with Combe Inc., relates the trends that have caused renewed interest in the discipline.
NGC Software has developed version 14 of its product-lifecycle management (PLM), supply-chain management (SCM) and enterprise resource planning (ERP) applications.
Aras, a vendor of open-source software for product lifecycle management (PLM), has made available for download the latest release of the Aras Innovator PLM platform and application suite.
Dassault Systemes, a vendor of software for product design and lifecycle management, has launched a new application for aerospace and defense companies.