Product Lifecycle management (PLM) is the technology that helps to monitors a product’s lifecycle from conception to disposal, comprising implementation, design, manufacturing, and development. The backbone for digitization, supply chain optimization, and business continuity is Product Lifecycle Management. Information governance and traceability aspects in product life management enable the organization in cutting costs, improving time to market, and delivering output with better quality and compliance.
The market research offered by Quadrant Knowledge Solutions for Product Lifecycle management (PLM) solution includes a detailed analysis of the global market based on short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate. This research provides strategic information for technology vendors to understand the existing market extensively and support their growth strategies. It also helps users in evaluating different vendors’ capabilities, competitive differentiation, and market position.
The proprietary SPARK MatrixTM analysis in this research provides a detailed competition analysis and vendor evaluation, including ranking and position of leading Product Lifecycle management vendors with a global impact. The following are the vendors incorporated in this study: Aras, Autodesk, Dassault Systemes, Oracle, PTC, SAP, and Siemens.
According to Shrikant Mahadik, Senior Analyst at Quadrant Knowledge Solutions, “The Product Lifecycle management (PLM) vendors continue to strengthen their capabilities with features and functionality like bill of material management, product data management, quality and compliance, embedded software lifecycle management, stakeholder management, analytics. Additionally, Product Lifecycle management vendors are making technology advancements in augmented reality and virtual reality, as well as integration with PLM solutions, will expand the PLM platform’s capabilities and provide the potential for market growth. As a result, the leading companies are concentrating on integrating IoT with their PLM software to deliver flexible and developing solutions.”
2021 Product Lifecycle management (PLM) SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
- Key Research Findings
Market Overview and Technology Trends
Factors Influencing Technology Development and Market Growth
Market Adoption Trends
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Product Lifecycle management (PLM), Market
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