Making PLM Prosperous for 2012
January 2, 2012
If your company is adding or extending their product lifecycle management (PLM) in 2012, we have found a great cost guide for you. The PLM Technology Guide offers insight into the overall cost of a PLM solution based on “several elements” and “dependent on a number of factors.”
The guide focuses on some obvious elements like hardware and software, but also take into consideration other one-time expenses like training, process optimization and data migration. It then lists for each element the cost type, percentage and what factors each cost is dependent on.
“As a rule of thumb we have found in numerous projects that the initial cost for a complete PLM solution will generally be in the range of $4,000 to $6,000 per user (for capital investments and one-time expenses). Where in this range the overall cost falls depends largely on the number of users and the implemented functionality.”
Budgeting for PLM is crucial and this guide offers a great breakdown. Finding cost-effective and innovative solutions can be very difficult, but companies like Inforbix are changing that perception. Inforbix has created a fresh approach to simplified data access, yet is affordable for the biggest to the smallest companies. We suggest you take a look at the cost guide and then take a look at Inforbix – it may just make your 2012 a little more prosperous!
Jennifer Wensink, January 2, 2012
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