PLM Market Report Looks Optimistically to Future
August 20, 2012
Over the course of 2012 CIMdata has released and will be releasing five components of the CIMdata PLM Market Analysis Report Series on the state of PLM worldwide. The fourth report was recently released and the results were promising according to the TenLinks article, “CIMdata Publishes 4th of 5 Parts of PLM Market Report”.
The article quoted CIMdata’s Director of Research, Stan Przybylinski, as saying,
“While the global economy sputtered, the PLM economy grew faster in 2011 than in 2010, which was a very good year. Most segments of the market that CIMdata tracks saw high double digit growth, with very strong license sales. Given that new license sales are often precursors to more software and services investment, this is a strong indicator that 2012 could be another solid year for PLM solution and services providers. Strong growth continued in industries with long-time PLM investments, such as automotive, high-tech and fabrication and assembly (F&A). Some other small markets, like shipbuilding and infrastructure also saw increased spending.”
For those in the PLM industry these results were not shocking at all. Several PLM providers have completed highly successful fund raising campaigns and some innovative, new products have been released onto the market over the last year or so. Some of the most notable providers are CIMdata, Inforbix, Dassault and PTC. If the predictions of the PLM Market Analysis Report are accurate we expect big things from these providers in the years to come.
Catherine Lamsfuss, August 20, 2012