October 17, 2011

Product Lifecycle Management: A New Path to Shareholder Value?

By Jim Heppelmann - CEO, PTC

Manufacturers are implementing a powerful, enterprise-wide software solution known as product lifecycle management (PLM) – complementary to ERP — to manage the product's digital life. PLM is a flexible, dynamic environment that can manage product knowledge and data as it flows from and to a wide variety of sources. It gives companies the power and flexibility to innovate and then deliver more value through management of information.