The product development life cycle - innovate, conceptualize, plan, design, procure, produce, deliver, service, and retire - naturally includes multiple people, operating in multiple departments, and typically from multiple companies, each with locations in multiple countries around the world. Solving inherent difficulties that result from managing this complexity are the raison d’être for PLM solutions.
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in CAD/CAM, such as Cadence and PTC . All the above vendors' products tend to have a strong engineering foundation and thus have gained a strong early following from product-oriented, design-centric companies, which see PLM as a way to increase collaboration and improve management of engineering-specific data. On the other hand, companies such as Agile Software , Eigner , and Arena Solutions (formerly bom.com ) were created with the idea of providing an extended PLM platform that generally balances