Cutting-edge Technology Pushes Manufacturing to New Frontiers
Modern manufacturing is an intricate and complex process that requires accuracy and proper management. Companies must streamline their design, development, and production, ensure a stable and predictable supply chain for their products, and comply with environmental and safety regulations. Recent events have highlighted these requirements, including new technologies with the potential to accelerate the different production stages, supply chain disruptions due to the COVID-19 pandemic, escalating tension in the Red Sea, and new laws that incentivize companies to become more sustainable.
Product lifecycle management (PLM) software addresses these concerns by offering a centralized data management platform that companies can use to monitor and manage their manufacturing activities and integrate into other industrial software. The PLM industry has been revolutionized by new technologies, including artificial intelligence and the cloud, as well as the development of new functionalities. Therefore, the question is not whether to adopt PLM but when to do so.
