What is PLM?
Product Lifecycle Management (PLM) is a familiar process to product developers around the globe. As its name suggests, PLM refers to the process of managing a product’s entire lifecycle, from initial conception to retirement. It encompasses all aspects of product design, manufacturing, and maintenance. Additionally, it helps to ensure regulatory compliance, efficient processes, and highquality output. PLM integrates people, processes, business systems, and information to ensure the seamless flow of data across the product’s lifecycle. It enables businesses to optimize their resources, reduce costs, and bring products to market faster.
PLM SOLUTIONS
PLM solutions are software used to manage data and processes while ensuring collaboration and compliance. These systems commonly link with other enterprise systems such as ERP, CRM, and MES. A popular PLM system is Windchill PLM from PTC.
PTC WINDCHILL
PTC Windchill is an industry-leading PLM software that provides comprehensive solutions for managing product data and processes. Designed as an “out-of-the-box” system, Windchill provides comprehensive features while remaining highly configurable. The solution offers a modern architecture to manage data at scale. Furthermore, it offers time-saving automation capabilities which help get products to market faster. The system is secure, but enables easy ways to collaborate. It is offered on-premises, or on cloud as a SaaS solution: Windchill+. Windchill enhances data visibility, traceability, and collaboration throughout the product lifecycle. By leveraging tools like CAD integration, change management, supplier management, and visualization, it fosters efficiency and innovation while supporting the digital thread.
