Innovation is key to survival in today’s global, fast-paced markets. But what does that mean in real-world terms? If you could benefit from improving any of the following, you need an innovation advantage:
- Hitting product launch dates
- Achieving revenue targets
- Beating product cost targets
- Meeting product development budgets
- Reaching product quality targets
One key tool in improving innovation is adoption of Product Lifecycle Management (PLM) strategy. Aberdeen’s Product Innovation Agenda research revealed that world-class innovators are four times more likely to leverage PLM-related technologies. Companies that deploy PLM technologies have recognized significant top- and bottom-line benefits, such as:
- Increasing product revenue by 19%
- Decreasing product cost 15%
- Reducing development costs by 16%
This site will provide you with insight, knowledge, and tips from successful companies who’ve adopted PLM strategies. You’ll learn how you can improve new product development performance, improve engineering efficiency, and expand product development processes beyond Engineering.
Instant collaboration allows global teams and suppliers to connect, communicate and share information on-demand, breaking down the barriers that inhibit sound collaboration.
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