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.
acquisitions of UGS [formerly Unigraphics ] and SDRC products), Framework Technologies , MatrixOne , and Dassault Systemes (being offered in partnership with IBM). These vendors have deeply penetrated this market from selling PDM, CAD/CAM (computer aided manufacturing—the use of computer technology to generate data to control part or all of a manufacturing process), and related products such as engineering workstations, mainly into the complex, discrete manufacturing industries like automotive. Other