What Is PLM Software Solution Or A Business Approach
Product Lifecycle Management (PLM) is an approach that has gained popularity in recent years, and it has become a buzzword in the world of business. Essentially, PLM refers to the management of all the data and processes that are involved in the creation and maintenance of a product throughout its lifecycle, from its inception to its retirement. There are two main ways of looking at PLM software solution or as a business approach. In this article, we will delve into the two perspectives, examining what PLM software is and how it works, as well as exploring PLM as a business approach and its benefits to organizations.
PLM as a Software Solution
Product Lifecycle Management (PLM) software is a tool that enables businesses to manage all aspects of product development, including design, eng...