Summary
Manufacturers have long used product lifecycle management (PLM) software to track and manage the details of product design, but emerging technologies are changing this mature space. Vendors offering cloud solutions are bringing value to the business through new PLM functionality like data integration and analytics, improved user experiences, community application marketplaces, and lower price points. CIO professionals can use this report to understand the repercussions of the shift of the PLM market to software-as-a-service (SaaS). This report was updated in January 2018 to convey continued shifts in the PLM market toward SaaS.
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