Triumph Motorbikes Adopts PLM Solutions
March 2, 2012
As the need for Product Lifecycle Management has moved to the forefront of the package management industries in the last few years due to its efficient strategies at reducing costs and improving production time as well as communication between departments many forget that PLM solutions are also best for many other industries as well. A recent article, Triumph Motorbikes Selects PTC(R) for Enterprise PLM, on MarketWatch, brings to light the need for PLM in many overlooked industries such as automobile production.
Triumph Motorbikes, a world leader in motorcycles, has recently adopted the use of PLM because of its ability to minimize production time and streamline the overall production process. The article quotes Sin Min Yap, VP of Market Strategy at PTC, the PLM provider adopted by Triumph, as for the need for PLM solutions within the automobile industry:
“’The automotive market is ultra-competitive and the stakes are high,’ said Sin Min Yap, vice president, Market Strategy at PTC. ‘Designing and engineering a motorcycle from the ground up is a complex process that must keep pace with the ever-changing requirements of customers. These companies require superior technology to overcome the industry’s most daunting challenges.’”
The media is quick to point out the hardships the automobile industry is facing in large part due to the economy, but there are many other industries grasping PLM solutions as a way to save money and keep their companies afloat. Any company considering the adoption of PLM should consider only those providers specializing in product data access and offering innovative ways to find, share and reuse data to accomplish goals. Although many PLM providers seem similar not all PLM solutions are cloud-based and able to deliver the results so dearly desired.
Catherine Lamsfuss, March 2, 2012
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nice post