PLM more than just hype

Previously, a company would have agonisingly developed drawings, physical models and made endless expensive tests before taking a product to market with little or no proven prospects it will return a profit. Now it is a case of utilising available market data and actually fast tracking a product or service to exactly meet the criteria dictated by current market demand.

But instead of time-consuming drawings, these are designed, tested and refined quickly and accurately in the digital 3D environment, so wastage is virtually negligible.
Product Lifecycle Management – Edge Software Australia – PLM more than just hype

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