Topics In Demand
Notification
New

No notification found.

PLM evolved to an ENTERPRISE APPLICATION and has reached a HIGH CRITICALITY

January 15, 2025 18 0 In the Spotlight

PLM evolved to an ENTERPRISE APPLICATION and has reached a HIGH CRITICALITY

The evolution of Product Lifecycle Management (PLM) from a CAD/PDM tool to a comprehensive enterprise application has increased complexity and is raising operational and administrative costs. Internal teams face challenges in building up and maintaining expertise, while organizations face the need for IT cost and personnel optimization. However, modern PLM services offer significant benefits, including ITIL-conformity, SLA-based support, scalable solutions, and cost-effective CAPEX/OPEX optimization. An integrated PLM and ALM AMS approach provides seamless, efficient management, acting as a one-stop shop for services along the product lifecycle processes.

This whitepaper highlights the transformative potential of modern PLM services and their direct impact on streamlining operations, optimizing costs, and enhancing scalability. For organizations navigating the complexities of evolving PLM environments, it offers insights into how integrated PLM and ALM Application Management Services (AMS) can act as a catalyst for efficiency and growth.

Key takeaways include:

  • Operational Efficiency – Gain access to ITIL-conform, SLA-based services that ensure reliability and performance.
  • Cost Optimization – Leverage best practices to reduce CAPEX and OPEX, aligning technology investments with business goals.
  • Scalability and Flexibility – Tailor PLM solutions to meet evolving business needs without overburdening internal resources.
  • Holistic Management – Benefit from a one-stop solution that seamlessly integrates product lifecycle and application management, minimizing complexity and maximizing returns.

This whitepaper serves as a strategic guide for leaders looking to unlock the full value of PLM, ensuring sustainable growth and competitive advantage.


That the contents of third-party research report/s published here on the website, and the interpretation of all information in the report/s such as data, maps, numbers etc. displayed in the content and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party research report/s published, are provided solely as convenience; and the presence of these research report/s should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these research report/s, you do so at your own risk.


ITC Infotech is a leading global technology services and solutions provider, led by Business and Technology Consulting. ITC Infotech provides business-friendly solutions to help clients succeed and be future-ready, by seamlessly bringing together digital expertise, strong industry specific alliances and the unique ability to leverage deep domain expertise from ITC Group businesses. The company provides technology solutions and services to enterprises across industries such as Banking & Financial Services, Healthcare, Manufacturing, Consumer Goods, Travel and Hospitality, through a combination of traditional and newer business models, as a long-term sustainable partner. ITC Infotech is a wholly owned subsidiary of ITC Ltd. ITC is one of India’s leading private sector companies and a diversified conglomerate with businesses spanning Consumer Goods, Hotels, Paperboards and Packaging, Agri Business and Information Technology. For more information, please visit: http://www.itcinfotech.com/



LATEST REPORTS

© Copyright nasscom. All Rights Reserved.