Analysis
Frost & Sullivan Hosts Analyst Briefing: Product Lifecycle Management – An Integral Part of the Future of Manufacturing
2010 was a period of growth, competition and innovation in the European product lifecycle management market. Among different PLM products, Collaborative Product Definitions Management had the highest growth rate – with a year-on-year growth of 7.5% – while digital manufacturing is fast emerging as an interesting PLM segment.
WHENLOCATION: Online, with free registration
PRESENTER: Karthik Sundaram, Senior Research Analyst, Frost & Sullivan
The advent of system integrators and value-added resellers continues to be a significant source of revenue and growth for the overall market in Europe. In addition, the future of PLM is currently at cross roads, with major vendors looking at strategic partnerships to integrate PLM with Enterprise Resource Planning and Manufacturing Execution Systems.
Trends that are likely to influence the product portfolio of current PLM products include sustainability, life cycle assessment and enterprise software integration. In particular, the focus on sustainability is likely to coerce end-users and manufacturers to adopt PLM solutions that can quantify and implement sustainability across the enterprise. Increasing significance on environmental regulations and compliance will also be the cornerstone of future PLM expansion.
Highlights of the briefing include analyses of: global technology trends, competitive structure and regional trends related to European PLM market in major end-user segments.
This briefing will benefit PLM vendors, system integrators, value-added resellers and investment firms who aspire to capitalize on the growing PLM market in Europe, by discussing emerging trends and providing forward projections for the European PLM market across different end-user industries.
Supporting Quote
“Product lifecycle management has transformed from an enhancement solution that can assist design and data management into a strategic business discipline, which is the hallmark of a professional enterprise. The repository of business intelligence generated by product lifecycle management will facilitate visibility and accessibility of valuable product knowledge that can fine-tune manufacturing production processes and ease the enterprise resource planning”, observes Karthik Sundaram, Senior Research Analyst in Frost & Sullivan.
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