PRODUCT LIFECYCLE MANAGEMENT (PLM)
Realize value quickly – A comprehensive portfolio of PDM and advanced PLM applications
Increase value with PLM
Product Lifecycle Management (PLM) puts strategic focus on managing the entire lifecycle of a product from its conception, through design and manufacture, and on to service and disposal. The first step of true PLM establishes a complete Bill of Material which spans over enterprise-wide product development processes.
Explore Windchill
15%
PTC PLM market growth
+10k
PTC Windchill worldwide customers
29%
PLM market size 2020
59%
of businesses consider PLM business critical or significant
50%
Increase
operational efficiency
Product Lifecycle Management (PLM) is the Foundation for the Product Digital Thread
Customer Insights
Company Väderstad
The PLM solution seamlessly integrates with many other systems and technologies. These other systems can make use of the product data in the PLM system. This way we avoid double work. For us, the biggest benefits of digitalization are product data quality and structure. It is also part of the insurance policy; all information in one place, trusted and up-to-date.
Anders Karlsson
Vice President IT, Väderstad
Typical benefits of implementing a PLM system
- Reduced product and development cost.
- Shortened time to market.
- Improved product quality.
- Reduced cost of prototyping.
- Saved time and cost with increased data re-use.
PLM Capabilities
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