Unraveling the complexities and nuances of modern Product Lifecycle Management (PLM) solutions

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Innovative approaches to collaborating, virtualizing, and accelerating your product design, development, and launch

Product lifecycle management (PLM) defines how to manage and automate product lifecycle processes, from product conceptualization to retirement. This paper outlines both the fundamental concepts and the key functional components of a PLM system. It describes key industry imperatives such as virtual product development, product-process-resources methodology, a collaborative PLM, and corresponding synthesis approach.