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Product Lifecycle Management (PLM) Software is a type of software used to manage the entire lifecycle of a product from its conception and design to its manufacture, distribution, and disposal. It is used to manage product data, automate processes, and facilitate collaboration between different departments and stakeholders. PLM software helps companies to reduce costs, improve product quality, and increase efficiency.
PLM software is used in a variety of industries, including automotive, aerospace, consumer goods, electronics, and medical devices. It is used to manage product design, engineering, manufacturing, and supply chain processes. It also helps companies to manage product information, such as product specifications, drawings, and bills of materials.
Some companies in the PLM software market include Autodesk, Dassault Systèmes, Siemens PLM Software, Oracle, PTC, SAP, and Aras. Show Less Read more