In recent times, every growing organization has recognized the significance and importance of an efficient Product Lifecycle Management (PLM) system. With a wide variety of PLM systems available in the market today (such as Oracle Agile, eMatrix, Team Center and PTC), companies closely evaluate ROI based on various key criteria, while selecting their PLM platform. Some of the direct benefits realized from PLM implementation include increased product profitability, faster response to market needs, increased customer satisfaction and higher market share.
Once a PLM platform is chosen, one of the most critical factors affecting the success of the PLM system is the choice of the implementation and maintenance partner. Along with an in-depth understanding of customer needs and priorities, a good partner's industry domain knowledge and PLM expertise is invaluable.