Trends Report

Make The Business Case For Investing In PLM

Position PLM As A Revenue Driver, Not A Cost Savings Tool

July 24th, 2018
Nate Fleming, null
Nate Fleming
With contributors:
Christopher Mines , Allison Vizgaitis

Summary

Business executives often underestimate product lifecycle management (PLM) software solutions, dismissing them as legacy systems valued only by techies in product design and development. What they don't realize is that their digital and internet of things (IoT) initiatives depend upon an up-to-date PLM system. It's vital that CIOs and VPs of engineering educate the rest of the organization on the role of PLM as a revenue driver in the digital era.

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