Best Practice Report

Transform Product Lifecycle Management For Future Fit Manufacturing

Make PLM Your Distinctive Competence

June 30th, 2023
With contributors:
Pascal Matzke , Christian Prandi , Rachel Birrell


Nearly half of global software decision-makers with a primary PLM vendor plan to replace their product. Why? Massive changes in markets, regulations, and technology drive the need to develop distinctive competence in customer-obsessed innovation, embracing the practices, partnerships, and platforms that distinguish an enterprise from its competitors. Following “The Forrester Wave™: Product Lifecycle Management For Discrete Manufacturers, Q1 2023,” clients asked about the practices that complement PLM platforms and speed the successful development, launch, in-life service, and retirement of assets and products. Read this report to learn how to build distinctive competence in product innovation.

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Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.