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

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

March 27, 2014
Supply Chain Digital

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.

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    Technology Cloud & On-Demand Systems Product Lifecycle Management Business Strategy Alignment Global Supply Chain Management High-Tech/Electronics Pharmaceutical/Biotech
    KEYWORDS Business Strategy Alignment Cloud Cloud, SaaS & On-Demand Systems Global Supply Chain Management High-Tech/Electronics Pharmaceutical/Biotech Product Lifecycle Management Product Lifecycle Solutions SCM IT Supply Chain Analysis & Consulting Supply Chain Digital Supply Chain Management supply chain management: product lifecycle management supply chain solutions Technology
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