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Today, manufacturing companies must address a variety of complex challenges: frequent design changes, disparate systems with incompatible data, regulatory compliance, and more. At the same time, globalization and changing workforce demographics are driving new demands for optimized product development processes, more effective collaboration, and distributed data management.
To better compete and win, manufacturing companies, both large and small, are seeking solutions to solve these product development challenges.
Product Lifecycle Management is a category of technologies for evolving product information from idea to retirement in a way that offers a business advantage.