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PDM Market in Japan 2009 2013
Infiniti Research Limited, April 2010, Pages: 13
Product Data Management (PDM) software is used to manage the evolution of a product, and provide associated tools and applications, with accurate product information. It helps store and manage the product design and manufacturing information. A PDM software is used to create a single repository for all the information about a company's products and services. It also ensures timely compilation of information and engineering data, as it is developed. A PDM system is like an information infrastructure. It provides users with support in performing their tasks by means of different functional models that it incorporates and other integrated software systems.
The Japanese market for PDM software is witnessing a rapid growth as the manufacturing firms are investing in this software to manage their product development and production process data. A PDM software helps these manufacturing firms easily collaborate the product data across regional offices situated in different geographic locations, within multiple time zones. Further, PDM software allows them to reuse the standard data of the product, eliminating the need for recreating data that was created in the initial stage of the product life cycle. Thus, PDM provides a cost-effective solution for managing and maintaining the data.
Organizations are increasingly adopting web-based PDM systems; which uses Internet as the application infrastructure for providing a collaborative PDM environment. It helps designers and management teams, situated in different geographical locations, to communicate and develop a product. Further, web-based PDM software has platform-independent features, which help decrease PDM implementation cost over different platforms that may be present in different geographical locations. Thus, web-based PDM software helps in optimizing product life-cycle time and increasing enterprise efficiency.
Earlier, PDM solutions were primarily used in heavy industries, like automotive and aerospace. However, with developments in the PDM software, segments such as Discrete Manufacturing, Industrial Machinery and equipment, Medical equipment and Consumer products are increasingly adopting the PDM solutions. Further, organizations have started making investments in such innovative software solutions (such as PDM) due to benefits (such as cost efficiency). Moreover, the PDM software solutions help local players cater a global market, by providing product data at multiple distant geographical locations simultaneously.
This report by TechNavio Insights highlights scope of the Japanese PDM market. Further, it discusses trends, drivers, growth inhibitors and a few major vendors in the market.
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