Executive Briefings

Product Lifecycle Management's Movement to the Cloud Picks Up Steam

Product lifecycle management (PLM) and product design have been applications that have been slow to move to the cloud, for a number of reasons. But as companies increasingly switch on to the flexibility, scalability and affordability that cloud platforms offer, so adoption has increased.

Product Lifecycle Management's Movement to the Cloud Picks Up Steam

Though many improvements have come to PLM software over the years, the overall framework hasn't changed much. Cloud-based PLM offers a significant change.

Furthermore, as designers have needed to share product data with stakeholders both inside and outside the organization, so the need for PLM in the cloud has grown. As such, this call has come from a range of stakeholders, including engineering, operations, manufacturing, quality, procurement, regulatory and even marketing.

That said, there are still challenges that need to be addressed if this approach is to get buy-in from everyone.

Many companies recognize the benefits of cloud-based PLM solutions. However, the lack of confidence in existing approaches to privacy and data security remains one of the biggest obstacles to a faster market penetration of PLM solutions on the cloud. There are also lingering concerns around availability and predictability.

Fortunately, the general adoption of cloud continues and security and authentication is a top priority for most cloud providers.

Read Full Article

Though many improvements have come to PLM software over the years, the overall framework hasn't changed much. Cloud-based PLM offers a significant change.

Furthermore, as designers have needed to share product data with stakeholders both inside and outside the organization, so the need for PLM in the cloud has grown. As such, this call has come from a range of stakeholders, including engineering, operations, manufacturing, quality, procurement, regulatory and even marketing.

That said, there are still challenges that need to be addressed if this approach is to get buy-in from everyone.

Many companies recognize the benefits of cloud-based PLM solutions. However, the lack of confidence in existing approaches to privacy and data security remains one of the biggest obstacles to a faster market penetration of PLM solutions on the cloud. There are also lingering concerns around availability and predictability.

Fortunately, the general adoption of cloud continues and security and authentication is a top priority for most cloud providers.

Read Full Article

Product Lifecycle Management's Movement to the Cloud Picks Up Steam