Who are the leading PLM Software Providers?

Product Lifecycle Management (PLM) is an emerging area for digital manufacturing as enterprises are realizing the value of PLM implementation and are taking a closer look at both PLM software and PLM services to weigh their options. Selection of the appropriate PLM software is at the core of PLM implementation.

We have released our HfS PLM Services Blueprint Report recently, where we did a detailed evaluation of 13 PLM service providers. During our research, we came across different PLM software available in the market and different in-house PLM related tools and platforms, which we will discuss the trends of the same here. In this PoV, we discuss the primary PLM software prevailing in the market and top strategies adopted by the PLM service providers to expand their PLM business, key differentiators as a provider of PLM services and the major changes implemented to boost PLM Services capabilities in recent times. These insights are critical for enterprises, PLM service providers, and PLM software developers. PLM service providers can use these insights to compare and benchmark their strategies, investments, and differentiation with their industry peers, and identify their areas of improvement. PLM software developers can also view the usage of their PLM software across industries, and can develop their strategies accordingly.