PLM Cloud Based Future Is Here

April 23, 2012

Forward-looking organizations are increasingly realizing that implementing product lifecycle management (PLM) technology as an enterprise-wide data management tool can empower them to administer their often complex and fragmented product-related information with more efficiency in terms of cost, access, and applicability.  Such gains can ultimately translate into increased product visibility and revenue in the targeted market.

In addition to seeking out PLM solutions that offer utility to the entire enterprise, cutting edge organizations in a variety of industries are frequently demanding cloud-based PLM products as discussed in the article entitled, “Increased Investments in Product Research to Drive Gains in the Global Product Lifecycle Management Market, According to New Report by Global Industry Analysts, Inc.”, that recently appeared on MaxFax.org,

“Another interesting trend worthy of note is the growing popularity of cloud-based on-demand PLM services/solutions and the initial impetus extended by the 2007-2009 recession to push cloud-based PLM out of its orbit. The bad economy has been feeding the market for cloud computing as cash- and revenue-starved companies prowl for IT solutions that are cost-effective and require minimum to zero investments and low management of computing resources. Technically, the feature of multi-tenancy, or the ability to scale up or scale down services on demand, makes fiscal sense in taut economic conditions. Simplicity in implementation and low costs are prime factors driving adoption of clouds by large and small enterprises alike. The rise in the number and variety of vendor products/offerings in this space will additionally drive acceptance.”

Considering this trend, Inforbix, whose scalable and affordable PLM products are already cloud-based, is strategically poised to partner with those progressive organizations seeking to implement an innovative, state-of-the-art data management application that enables their whole enterprise to find, reuse, and share product information easily.

Tonya Weikel, April 23, 2012

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