PLM Software: Address Business Challenges, Increase Value and Improve the Product Development Lifecycle
Benefits of PLM Software
PLM software supports the product development process, to integrate people, processes and systems. It provides a product information "warehouse" for organizations. Primary benefits of PLM software include:
- Faster time-to-market
- Increased productivity
- Design efficiency
- Increased product quality
- Lower cost of new product introduction
- Insight into critical business processes
- Better reporting and analytics
Directly, our PLM system offers significant value to a company, by establishing a single system that simultaneously manages both hardware and software deliverables. Our Product Lifecycle Management software also enhances other enterprise systems (ERP, CRM) by enabling the sharing of product information throughout the organization. It may also be integrated with Application Lifecycle Management (ALM) for accelerated software development, by deliver smarter, more competitive products faster and more efficiently.
Optimize your product development process with PTC Windchill, our PLM software that offers comprehensive capabilities to help manufacturers with all phases of the product development lifecycle.