Business Case Report

The ROI Of Product Lifecycle Management

Make The Business Case For PLM By Calculating Return On Investment

January 20th, 2023
George Lawrie, Vice President, Principal Analyst
George Lawrie Vice President, Principal Analyst
Dean Davison, Director, Principal Consultant
Dean Davison Director, Principal Consultant
With contributors:
Pascal Matzke , Linda Ivy-Rosser , Christian Prandi , Victoria Manes , Demi Starks

Summary

Product lifecycle management (PLM) transformation accelerates the pace of successful product innovation and promotes growth in market share, revenue, and margin. However, it requires investments in technology, training, and services. Technology and innovation leaders who want to accurately model the ROI of a PLM transformation must estimate the size of required investments and expected benefits, as well as when those will occur. This report shows how to build an ROI model that can power a business case, including where to look for benefits, how to quantify them, and how to estimate PLM transformation costs.

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