NC Software Market and PLM Growing Together
July 23, 2012
With most of the world’s economy in a state of descent it is refreshing to report on an industry setting records in growth and revenue every year with even more growth predicted. The American Machinist article, “More Growth Forecast for Global NC Software Market”, is just one more testimony to the incredible demand for product lifecycle management solutions (PLM) across industries around the world.
The article describes how PLM is affecting the NC software market:
“Since 2002, the NC software market has shown modest but steady growth as global economies generally improved, CIMdata noted. Although the world market has seen significant growth in the sale of machine tools, and in manufacturing output, manufacturers have put greater emphasis on the efficient operation of machine tools —a consequence of strategies that have emphasized competitiveness. Thus, the overall PLM market (of which CAM is one part) has continued to grow.”
This article backs up what those in the industry already know and what several industry journals and reports have announced – PLM is alive and growing! With anticipated growth in 2012 to be in the double digits it is no surprise that more companies are turning to PLM to help manage costs, streamline processes and eliminate waste. Inforbix, a leader in the PLM field, offers PLM solutions that work with any industry because they focus on data management, the essential key to PLM. Their software provides “integrated cloud solutions for manufacturing companies that tackle everyday tasks such as finding, reusing, and sharing product data without the overhead of traditional data management systems” making them the natural choice for many companies.
Catherine Lamsfuss, July 23, 2012
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