PTC released a new industry study, in conjunction with Aberdeen Group, that identifies the benefits of leveraging enterprise product lifecycle management (PLM) as a means to digital transformation. The survey covers top challenges faced by PLM users, the impact of PLM on IoT, the risks of a disconnected PLM environment, and more.
According to the research, as products become more complex, traditional product development processes can’t keep up with the demands of getting products to market on-time and on-budget. Best-in-class manufacturers embracing digital transformation, which made up the top 20 percent of organizations polled, have seen several benefits from streamlining and digitizing their PLM efforts. Each of these leaders has established a single, connected view of data across systems that includes information from AD, ERP, and PLM systems.
