Summary
Increasingly, manufacturing and services firms are seeking out expanded, enterprisewide product life-cycle management (PLM) functionality to meet their complex product development requirements. To benchmark the state of this expansion, Forrester surveyed 130 PLM stakeholders across a diverse range of company sizes, industries, and roles. The resulting data and analyses cover key topics and market trends, including strategic PLM objectives for both manufacturing and services organizations, investment priorities for both product data management (PDM) and PLM process areas, expected versus actual return on investment (ROI), deployment challenges, and IT application strategies. Given the increased complexity of enterprisewide PLM, application development professionals managing product life cycles will be forced to leverage a mix of IT application vendors to help lower their technology deployment hurdles while keeping the larger PLM vision in mind.
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