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Product Lifecycle Management
Product Lifecycle Management of PLM has evolved from the earlier
Product Data Management (PDM) systems. Focussed on the design-engineering
function in PDM, PLM now looks at the larger aspect of managing
products and services and extends to the entire organization.
PLM involves looking a product and managing its evolution and
growth over time. It concerns itself with documentation and
maintenance of detailed records of products, their revisions,
feedback and performance reports, impact of technological advances,
specifications and strategic directions of these products.
PLM systems have large databases that store detailed information
on products and their documents and enable extensive search
and browing through this data. The design-engineering function
is core to the use of PLM but other functions also contribute
and are integrated into PLM including manufacturing, production,
quality, research and development, marketing and customer service.
Global Leaders in Product Lifecycle Management include:
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Parametric Technology Corporation |
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EDS |
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SAP |
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