What is PLM Tool?

PLM (Product Lifecycle Management) is  a Business strategic software tool for all Engineering Domains which helps to reach “Organization Vision” by integrating People, Processes and Technology by trading off Wastage of resources, time consumption, miscommunication and hence directs to more ROI.

PLM software Tools Tracks and Control whole Technical Specifications and other related data associated with a “Product/Goods” which is to be produced in an Organization from concept level to development to production to service and disposal stages with "Single Source of Truth" data.

In beginning people might have get confusion or wage feeling that there are many technical jargon's in PLM domain. And in one word we can call PLM is a in and out, end to end Data Management software for a Product in an Organization, especially in engineering domains.

Next post we will discuss deep into topics of PLM and its functionalities, How to Implement the PLM solution, benefits, difficulties in PLM Implementation, different PLM players in Markets, PLM with Organization Management, Which one is Best PLM solution & Why?, other PLM related topics with live and running case studies etc.

Bye for now

Anil Kumar J R

Passionate to PLM