The DoD predicts enormous cost-, time-, and resource-savings benefits by switching to a digital engineering strategy.
Before organizations can fully take advantage of the PLM approach’s benefits, they must realize the limitations of today’s PLM software solutions.
The inherent gaps in today’s PLM software solutions prevent companies from making significant progress towards Industry 4.0.
A key component in experiencing Industry 4.0 benefits is leveraging the product lifecycle management (PLM) approach.
Over the last ten years, there are three significant changes in how organizations understand and leverage PLM.