Published: 01 January 2002
Analyst(s): Kevin O'Marah
The Bottom Line: Product Lifecycle Management (PLM) offers some compelling business benefits, but uncertainty about what could go wrong keeps many executives awake. Most pitfalls can be traced back to pursuing PLM from a parochial, engineering-only perspective. A PLM strategy requires a corporate view.We spoke to Information Technology (IT), engineering, and design executives at 50 manufacturers to understand how PLM strategies are evolving and being rolled out. Despite some hard lessons learned in past efforts to share product data, all are pushing ahead with what is clearly a strategic deployment of IT. The key questions are where are the likely problems in the near future and how should companies avoid them.
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