Investing in an innovation environment: More applicable PLM solutions

Abstract

Purpose

Ongoing growth in the mainstream Product Life Cycle Management (PLM) market during 2008 suggests that industrial companies continue to recognise the importance of PLM Technology as an enabler of ongoing innovation, and productivity.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

While it has perhaps taken longer than anticipated, and will undoubtedly not be helped by the present economic climate, the mid‐market is increasingly being recognised as the fastest growing segment in the PLM space. In particular, and as highlighted by two case examples, the Product Data Management technologies (which are a subset of this space) have matured, and their applicability to organizations of all sizes has increased significantly.

Originality/value

Research and experience now indicates that many PDM systems have evolved to better meet the needs of not just large enterprises, but also small‐ to medium‐sized enterprises of all types.

Citation

(2009), "Investing in an innovation environment: More applicable PLM solutions", Strategic Direction, Vol. 25 No. 8, pp. 35-37. https://doi.org/10.1108/02580540910968571