Product Lifecycle Management
Product lifecycle management (PLM) is an information management system that can integrate data, processes, business systems and, ultimately, people in an extended enterprise. PLM software allows you to manage this information throughout the entire lifecycle of a product efficiently and cost-effectively, from ideation, design and manufacture, through service and disposal.
PLM solutions establish a cohesive digital platform to:
- Optimize relationships along the lifecycle and across organizations
- Set up a single system of record to support diverse data needs, so that the right people see the right information at the right time, and in the right context
- Maximize the lifetime value of your business' product portfolio
- Drive top-line revenue through repeatable processes
At Siemens PLM Software, we believe it’s not enough to just digitize your processes, because that only mimics processes digitally for incremental improvement. You need to digitalize: weave a digital thread through ideation, realization and utilization, and make that digital thread of knowledge a proactive agent in driving your business. With a fully optimized Digital Enterprise, you are better equipped to initiate or respond to innovation.