Efficiency Gain through PLM
April 11, 2012
Given the ever-increasing amount of complex product information both created by and retained by most companies, the implementation of an intuitive and scalable product lifecycle management (PLM) solution is vital to enforce the internal data management efficiency that these enterprises need to develop a competitive edge.
In a press release from the Siemens Industry Automation Division entitled “Siemens PLM Software Significantly Enhances Decision-Making with New Active Workspace‘,” which is excerpted in the blog CAM Logic, the necessity of integrating PLM into a company’s information technology infrastructure is underscored:
“Today, many companies have massive amounts of information generated throughout their product lifecycle management processes, which currently lies dormant, often spread across many sites and several different unconnected databases. This information could potentially be used to enhance decision making. However, finding, understanding and acting on all of this information can be difficult, time consuming and ultimately expensive.”
Inforbix, whose cloud-based, cost-effective, user-friendly, and highly customizable PLM product helps companies “find, reuse and share product data,” recognizes the internal and external advantages that enterprises will quickly discover once they implement a PLM solution that allows them to quickly organize and access such information and to consequently uncover the latent value of all their previously fragmented product data.
Tonya Weikel, April 11, 2012