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Article: Product Life-Cycle Management Adoption is Critical for Manufacturing Business Success, According to IDC.
- Article from:
- PR Newswire
- Article date:
- January 22, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FRAMINGHAM, Mass. -- FRAMINGHAM, Mass., Jan. 22 /PRNewswire/ -- Manufacturing companies who initiate a strategic, corporate-wide focus on product development and management will have the only solid foundation on which successful businesses can be built, according to IDC. To promote a corporate culture rooted in product excellence, companies must adopt a set of solutions called product life-cycle management (PLM).
IDC defines product life-cycle management as a concept of business process collaboration within the enterprise and with external business partners. The goal is to integrate the activities required to develop, model, track, manage, and control products ...