PLM Heavyweights UGS, Dassault Break Billion-Dollar Mark

Product lifecycle management (PLM) heavyweights Dassault Systemes and UGS Corp. closed out 2005 on a high note, both hitting the billion-dollar mark, enjoying double-digit revenue gains that surpassed the industry average as well as benefiting from healthy increases in sales of PDM (product data management) software.“PLM Heavyweights UGS, Dassault Break Billion-Dollar Mark” a Managing Automation� news article

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