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Product lifecycle management



 
 
Product lifecycle management (PLM) is the process of managing the entire lifecycle of a product
Product (business)

The noun product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce from the Latin produce, lead or bring forth....
 from its conception, through design and manufacture, to service and disposal. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise.

Product lifecycle management is one of the four cornerstones of a corporation's information technology
Information technology

Information technology , as defined by the Information Technology Association of America , is "the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware." IT deals with the use of electronic computers and computer software to data conv...
 structure.






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Product lifecycle management (PLM) is the process of managing the entire lifecycle of a product
Product (business)

The noun product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce from the Latin produce, lead or bring forth....
 from its conception, through design and manufacture, to service and disposal. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise.

Product lifecycle management is one of the four cornerstones of a corporation's information technology
Information technology

Information technology , as defined by the Information Technology Association of America , is "the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware." IT deals with the use of electronic computers and computer software to data conv...
 structure. All companies need to manage communications and information with their customers (CRM-Customer Relationship Management
Customer relationship management

Customer relationship management consists of the processes a company uses to track and organize its contacts with its current and prospective customers....
), their suppliers (SCM-Supply Chain Management
Supply chain management

Supply chain management is the management of a Supply chain network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers ....
), their resources within the enterprise (ERP-Enterprise Resource Planning
Enterprise resource planning

Enterprise resource planning is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing....
) and their planning (SDLC-Systems Development Life Cycle
Systems Development Life Cycle

Systems Development Life Cycle , or Software Development Life Cycle, in systems engineering and software engineering refers to the process of creating or altering systems, and the models and methodologies that people use to develop these systems....
). In addition, manufacturing engineering companies must also develop, describe, manage and communicate information about their products.

Benefits


Documented benefits of product lifecycle management include:
  • Reduced time to market
    Time to market

    In commerce, time to market is the length of time it takes from a product being conceived until its being available for sale. TTM is important in industries where products are outmoded quickly....
  • Improved product quality
  • Reduced prototyping costs
  • Savings through the re-use of original data
  • A framework
    Framework

    A framework is a basic conceptual structure used to solve or address complex issues. This very broad definition has allowed the term to be used as a buzzword, especially in a software context....
     for product optimization
  • Reduced waste
  • Savings through the complete integration of engineering workflows


Product Lifecycle Management (PLM) is more to do with managing descriptions and properties of a product through its development and useful life, mainly from a business/engineering point of view; whereas Product life cycle management
Product life cycle management

Product Life Cycle Management is the succession of strategies used by management as a Product goes through its product life cycle. The conditions in which a product is sold changes over time and must be managed as it moves through its succession of stages....
 (PLCM) is to do with the life of a product in the market with respect to business/commercial costs and sales measures.

Areas of PLM


Within PLM there are four primary areas;
  1. Product
    Product management

    Product management is an organizational lifecycle function within a company dealing with the planning or marketing of a product or products at all stages of the product lifecycle....
     and Portfolio Management
    Project Portfolio Management

    Project Portfolio Management is a term used by project managers and project management organizations to describe methods for analyzing and collectively managing a group of current or proposed projects based on numerous key characteristics....
     (PPM)
  2. Product Design
    Product design

    Product design can be defined as the idea generation, concept development, Test method and manufacturing or implementation of a physical object or service....
     (CAx)
  3. Manufacturing Process Management
    Manufacturing Process Management

    Manufacturing Process Management is a collection of technology and methods used in the manufacturing and Enterprise resource planning defines when it is to be made; MPM defines how it will be made....
     (MPM)
  4. Product Data Management
    Product Data Management

    Product data management is the business function within product lifecycle management that is responsible for the creation, management and publication of Product data....
     (PDM)


Note: While application software is not required for PLM processes, the business complexity and rate of change requires organizations execute as rapidly as possible.

Product and Portfolio Management is focused on managing resource allocation, tracking progress vs. plan for projects in the new product development projects that are in process (or in a holding status). Portfolio management is a tool that assists management in tracking progress on new products and making trade-off
Trade-off

A trade-off is a situation that involves losing one quality or aspect of something in return for gaining another quality or aspect. It implies a decision to be made with full comprehension of both the upside and downside of a particular choice....
 decisions when allocating scarce resources.Product Data Management is focused on capturing and maintaining information on products and/or services through their development and useful life.

Introduction to development process

The core of PLM (product lifecycle management) is in the creations and central management of all product data and the technology used to access this information and knowledge. PLM as a discipline emerged from tools such as CAD, CAM
Computer-aided manufacturing

Computer-aided manufacturing is the use of computer-based software tools that assist engineers and machinists in manufacturing or prototyping product components....
 and PDM
Product Data Management

Product data management is the business function within product lifecycle management that is responsible for the creation, management and publication of Product data....
, but can be viewed as the integration of these tools with methods, people and the processes through all stages of a product’s life. It is not just about software technology but is also a business strategy.

Plm1
For simplicity the stages described are shown in a traditional sequential engineering workflow. The exact order of event and tasks will vary according to the product and industry in question but the main processes are:
  • Conceive
    • Specification
    • Concept design
  • Design
    • Detailed design
    • Validation and analysis (simulation)
    • Tool design
  • Realize
    • Plan manufacturing
    • Manufacture
    • Build/Assemble
    • Test (quality check)
  • Service
    • Sell and Deliver
    • Use
    • Maintain and Support
    • Dispose


The major key point events are:
  • Order
  • Idea
  • Kick-off
  • Design freeze
  • Launch


The reality is however more complex, people and departments cannot perform their tasks in isolation and one activity cannot simply finish and the next activity start. Design is an iterative process, often designs need to be modified due to manufacturing constraints or conflicting requirements. Where exactly a customer order fits into the time line depends on the industry type, whether the products are for example Build to Order, Engineer to Order, or Assemble to Order.

History


Inspiration for the burgeoning business process now known as PLM came when American Motors Corporation (AMC) was looking for a way to speed up its product development process to compete better against its larger competitors in 1985, according to François Castaing
François Castaing

Fran?ois J. Castaing is a 27-year veteran automotive executive with Renault, American Motors, and Chrysler. He is an engineering graduate from ?cole Nationale Sup?rieure d'Arts et M?tiers in Paris, and worked in Europe for Gordini and Renault before being named Vice President for Product Engineering and Development at American Motors Corpora...
, Vice President for Product Engineering and Development. After introducing its compact Jeep Cherokee (XJ)
Jeep Cherokee (XJ)

The Jeep Cherokee was a unibody compact SUV. It shared the name of the original full-size Jeep Cherokee model, but having no true pickup truck heritage, it actually set the stage for the modern SUV....
, the vehicle that launched the modern sport utility vehicle
Sport utility vehicle

A sport utility vehicle is a generic marketing description for a vehicle similar to a station wagon but built on a light-truck chassis. Usually equipped with four-wheel drive for on or off-road ability, some SUVs include the towing capacity of a pickup truck with the passenger-carrying space of a minivan....
 (SUV) market, AMC began development of a new model, that later came out as the Jeep Grand Cherokee
Jeep Grand Cherokee

The Jeep Grand Cherokee is a mid-size monocoque sport utility vehicle produced by the Jeep division of Chrysler. European Grand Cherokees are manufactured in Austria by Magna Steyr....
. The first part in its quest for faster product development was computer-aided design
Computer-aided design

Computer-Aided Design is the use of computer technology to aid in the design and particularly the drafting of a part or product, including entire buildings....
 (CAD) software system that make engineers more productive. The second part in this effort was the new communication system that allowed conflicts to be resolved faster, as well as reducing costly engineering changes because all drawings and documents were in a central database. The product data management was so effective, that after AMC was purchased by Chrysler, the system was expanded throughout the enterprise connecting everyone involved in designing and building products. While an early adopter of PLM technology, Chrysler was able to become the auto industry's lowest-cost producer, recording development costs that were half of the industry average by the mid-1990s.

Phases of product lifecycle and corresponding technologies


Many software solutions have developed to organize and integrate the different phases of a product’s lifecycle. PLM should not be seen as a single software product but a collection of software tools and working methods integrated together to address either single stages of the lifecycle or connect different tasks or manage the whole process. Some software providers cover the whole PLM range while others a single niche application. Some applications can span many fields of PLM with different modules within the same data model. An overview of the fields within PLM is covered here. It should be noted however that the simple classifications do not always fit exactly, many areas overlap and many software products cover more than one area or do not fit easily into one category. It should also not be forgotten that one of the main goals of PLM is to collect knowledge that can be reused for other projects and to coordinate simultaneous concurrent development of many products. It is about business processes, people and methods as much as software application solutions. Although PLM is mainly associated with engineering
Engineering

Engineering is the discipline and profession of applying Technology and science knowledge and utilizing natural laws and physical resources in order to design and implement materials, structures, machines, devices, systems, and process that safely realize a desired objective and meet specified criteria....
 tasks it also involves marketing
Marketing

Marketing is defined by the American Marketing Association as the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large....
 activities such as Product Portfolio Management (PPM), particularly with regards to New product introduction (NPI).

Phase 1: Conceive


Imagine, Specify, Plan, Innovate

The first stage in idea is the definition of its requirements based on customer, company, market and regulatory bodies’ viewpoints. From this a specification of the products major technical parameters can be defined. Parallel to the requirements specification the initial concept design work is carried out defining the visual aesthetics of the product together with its main functional aspects. For the Industrial Design
Industrial design

Industrial design is an applied art whereby the aesthetics and usability of mass-produced Product may be improved for marketability and Manufacturing....
, Styling, work many different media are used from pencil and paper, clay models to 3D CAID Computer-aided industrial design
Computer-aided industrial design

Computer-aided industrial design is a subset of computer-aided design that includes software that directly helps in product development.Within CAID programs designers have the freedom of creativity, but typically follow a simple design methodology:...
 software.

Phase 2: Design


Describe, Define, Develop, Test, Analyze and Validate

This is where the detailed design and development of the product’s form starts, progressing to prototype testing, through pilot release to full product launch. It can also involve redesign and ramp for improvement to existing products as well as planned obsolescence
Planned obsolescence

Planned obsolescence or built-in obsolescence is the process of a good becoming obsolete and/or non-functional after a certain period or amount of use in a way that is planned or designed by the manufacturer....
. The main tool used for design
Design

Design is used both as a noun and a verb. The term is often tied to the various applied arts and engineering . As a verb, "to design" refers to the process of originating and planning for a product, structure, system, or component with intention....
 and development is CAD Computer-aided design
Computer-aided design

Computer-Aided Design is the use of computer technology to aid in the design and particularly the drafting of a part or product, including entire buildings....
. This can be simple 2D Drawing / Drafting or 3D Parametric Feature Based Solid/Surface Modelling, Such software includes technology such as Hybrid Modeling, Reverse Engineering
Reverse engineering

Reverse engineering is the process of discovering the technological principles of a device, object or system through analysis of its structure, function and operation....
, KBE (Knowledge-Based Engineering
Knowledge-based engineering

Knowledge-based engineering is a discipline with roots in computer-aided design and knowledge-based systems but has several definitions and roles depending upon the context....
), NDT (Nondestructive testing
Nondestructive testing

Non-destructive testing is an analysis technique used in scientific fields to determine the state or function of a system by comparing a known input with a measured output, without the use of invasive approaches like disassembly or...
), Assembly construction.

This step covers many engineering disciplines including: Mechanical, Electrical, Electronic, Software (embedded
Embedded system

An embedded system is a special-purpose computer system designed to perform one or a few dedicated functions, often with real-time computing constraints....
), and domain-specific, such as Architectural, Aerospace, Automotive, ... Along with the actual creation of geometry there is the analysis of the components and product assemblies. Simulation
Simulation

Simulation is the imitation of some real thing, state of affairs, or process. The act of simulating something generally entails representing certain key characteristics or behaviors of a selected physical or abstract system....
, validation and optimization tasks are carried out using CAE (Computer-aided engineering
Computer-aided engineering

File:Plasticity.jpgComputer-aided engineering is the use of information technology to support engineers in tasks such as analysis, Computer simulation, design, manufacture, planning, diagnosis, and repair....
) software either integrated in the CAD package or stand-alone. These are used to perform tasks such as:- Stress analysis, FEA (Finite Element Analysis); Kinematics
Kinematics

Kinematics is a branch of classical mechanics which describes the motion of objects without consideration of the causes leading to the motion....
; Computational fluid dynamics
Computational fluid dynamics

Computational fluid dynamics is one of the branches of fluid mechanics that uses numerical methods and algorithms to solve and analyze problems that involve fluid flows....
 (CFD); and mechanical event simulation
Simulation

Simulation is the imitation of some real thing, state of affairs, or process. The act of simulating something generally entails representing certain key characteristics or behaviors of a selected physical or abstract system....
 (MES). CAQ (Computer-aided quality
Computer-aided quality

Computer-aided quality assurance is the engineering application of computers and computer controlled machines for the definition and inspection of the quality of products....
) is used for tasks such as Dimensional Tolerance (engineering)
Tolerance (engineering)

Engineering tolerance is the permissible limit of variation in# a physical dimension,# a measured value or physical property of a material, manufacturing object, system, or service,...
 Analysis. Another task performed at this stage is the sourcing of bought out components, possibly with the aid of Procurement
Procurement

Procurement is the acquisition of goods and/or services at the best possible total cost of ownership, in the right quantity and quality, at the right time, in the right place and from the right source for the direct benefit or use of corporations, or individuals, generally via a contract....
 systems.

Phase 3: Realize


Manufacture, Make, Build, Procure, Produce, Sell and Deliver

Once the design of the product’s components is complete the method of manufacturing
Manufacturing

Manufacturing is the use of machine, tool and labor to make things for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to Industry production, in which raw material are transformed into finished good on a large scale....
 is defined. This includes CAD tasks such as tool design; creation of CNC Machining instructions for the product’s parts as well as tools to manufacture those parts, using integrated or separate CAM Computer-aided manufacturing
Computer-aided manufacturing

Computer-aided manufacturing is the use of computer-based software tools that assist engineers and machinists in manufacturing or prototyping product components....
 software. This will also involve analysis tools for process simulation for operations such as casting, molding, and die press forming. Once the manufacturing method has been identified CPM comes into play. This involves CAPE (Computer-aided Production Engineering) or CAP/CAPP – (Production Planning) tools for carrying out Factory, Plant and Facility Layout and Production Simulation. For example: Press-Line Simulation; and Industrial Ergonomics; as well as tool selection management. Once components are manufactured their geometrical form and size can be checked against the original CAD data with the use of Computer Aided Inspection equipment and software. Parallel to the engineering tasks, sales
Sales

A sale is the pinnacle activity involved in selling products or services in return for money or other compensation. It is an act of completion of a commercial activity....
 product configuration and marketing
Marketing

Marketing is defined by the American Marketing Association as the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large....
 documentation work will be taking place. This could include transferring engineering data (geometry and part list data) to a web based sales configurator and other Desktop Publishing
Desktop publishing

Desktop publishing combines a personal computer and WYSIWYG page layout software to create publication documents on a computer for either Publishing or small scale local Multifunction printer output and distribution....
 systems.

Phase 4: Service


Use, Operate, Maintain, Support, Sustain, Phase-out, Retire, Recycle and Disposal

The final phase of the lifecycle involves managing of in service information. Providing customers and service engineers with support information for repair and maintenance, as well as waste management
Waste management

File:Kathmandu-M?llabfuhr.jpgWaste management is the waste collection, transport, waste treatment, recycling or disposal, and monitoring of waste materials....
/recycling
Recycling

Recycling involves processing used materials into new products in order to prevent waste of potentially useful materials, reduce the consumption of fresh raw materials, reduce energy usage, reduce air pollution and water pollution by reducing the need for "conventional" waste disposal, and lower greenhouse gas emissions as compared to virg...
 information. This involves using such tools as Maintenance, Repair and Operations Management (MRO
Maintenance, Repair and Operations

Maintenance, repair and operations is fixing any sort of machine or electrical machine should it become out of order or broken as well as performing the routine actions which keep the device in working order or prevent trouble from arising ....
) software.

All phases: product lifecycle


Communicate, Manage and Collaborate

None of the above phases can be seen in isolation. In reality a project does not run sequentially or in isolation of other product development projects. Information is flowing between different people and systems. A major part of PLM is the co-ordination of and management of product definition data. This includes managing engineering changes and release status of components; configuration product variations; document management; planning project resources and timescale and risk assessment.

For these tasks graphical, text and metadata such as product bills of materials
Bill of materials

Bill of materials is the term used to describe the raw materials, sub-assemblies, intermediate assemblies, sub-components, components, parts and the quantities of each needed to manufacture an end item ....
 (BOMs) needs to be managed. At the engineering departments level this is the domain of PDM – (Product Data Management
Product Data Management

Product data management is the business function within product lifecycle management that is responsible for the creation, management and publication of Product data....
) software, at the corporate level EDM (Enterprise Data Management) software, these two definitions tend to blur however but it is typical to see two or more data management systems within an organization. These systems are also linked to other corporate systems such as SCM, CRM, and ERP. Associated with these system are Project Management
Project management

Project management is the List of academic disciplines of planning, organizing and managing resources to bring about the successful completion of specific project goals and objectives....
 Systems for Project/Program Planning.

This central role is covered by numerous Collaborative Product Development
Collaborative Product Development

Collaborative Product Development is a business strategy, work process and collection of software applications that facilitates different organizations to work together on the development of a product....
 tools which run throughout the whole lifecycle and across organizations. This requires many technology tools in the areas of Conferencing, Data Sharing and Data Translation. The field being Product visualization which includes technologies such as DMU (Digital Mock-Up
Digital mockup

Digital MockUp or DMU is a concept that allows the description of a product, usually in 3D, for its entire life cycle. Digital Mockup is enriched by all the activities that contribute to describing the product....
), Immersive Virtual Digital Prototyping (virtual reality
Virtual reality

Virtual reality is a technology which allows a user to interact with a computer-simulated environment, whether that environment is a simulation of the real world or an imaginary world....
) and Photo realistic Imaging.

User Skills

The broad array of solutions that make up the tools used within a PLM solution-set (e.g., CAD, CAM, CAx...) were initially used by dedicated practitioners who invested time and effort to gain the required skills. Designers and engineers worked wonders with CAD systems, manufacturing engineers became highly skilled CAM users while analysts, administrators and managers fully mastered their support technologies. However, achieving the full advantages of PLM requires the participation of many people of various skills from throughout an extended enterprise, each requiring the ability to access and operate on the inputs and output of other participants.

Despite the increased ease of use of PLM tools, cross-training all personnel on the entire PLM tool-set has not proven to be practical. Now, however, advances are being made to address ease of use for all participants within the PLM arena. One such advance is the availability of “role” specific user interfaces. Through Tailorable UIs, the commands that are presented to users are appropriate to their function and expertise.

Product development processes and methodologies

A number of established methodologies have been adopted by PLM and been further advanced. Together with PLM digital engineering techniques, they have been advanced to meet company goals such as reduced time to market and lower production costs. Reducing lead times is a major factor as getting a product to market quicker than the competition will help with higher revenue and profit margins and increase market share.

These techniques include:-
  • Concurrent engineering workflow
  • Industrial Design
    Industrial design

    Industrial design is an applied art whereby the aesthetics and usability of mass-produced Product may be improved for marketability and Manufacturing....
  • Bottom-up design
  • Top-down design
  • Front loading design workflow
  • Design in context
  • Modular design
  • NPD New product development
    New product development

    In business and engineering, new product development is the term used to describe the complete process of bringing a new product or service to market....
  • DFSS Design for Six Sigma
    Design for Six Sigma

    Design for Six Sigma is a separate and emerging business-process management methodology related to traditional Six Sigma. While the tools and order used in Six Sigma require a process to be in place and functioning, DFSS has the objective of determining the needs of customers and the business, and driving those needs into the product solutio...
  • DFMA Design for manufacture / assembly
  • Digital simulation engineering
  • Requirement driven design
  • Specification managed validation


Concurrent engineering workflow


Concurrent engineering
Concurrent engineering

Concurrent Engineering is a work methodology based on the parallelization of tasks ...
 (British English: simultaneous engineering) is a workflow that instead of working sequentially through stages, carries out a number of tasks in parallel. For example: starting tool design before the detailed designs of the product are finished, or the engineer starting on detail design solid models before the concept design surfaces models are complete. Although this does not necessarily reduce the amount of manpower required for a project, it does drastically reduce lead times and thus time to market. Feature based CAD systems have for many years allowed the simultaneous work on 3D solid model and the 2D drawing by means of 2 separate files, with the drawing looking at the data in the model; when the model changes the drawing will associatively update. Some CAD packages also allow associative copying of geometry between files. This allows, for example, the copying of a part design into the files used by the tooling designer. The manufacturing engineer can then start work on tools before the final design freeze; when a design changes size or shape the tool geometry will then update. Concurrent engineering also has the added benefit of providing better and more immediate communication between departments, reducing the chance of costly, late design changes. It adopts a problem prevention method as compared to the problem solving and re-designing method of traditional sequential engineering.

Bottom-up design

Bottom-up design (CAD Centric) is where the definition of 3D models of a product starts with the construction of individual components. These are then virtually brought together in sub-assemblies of more than one level until the full product is digitally defined. This is sometimes known as the review structure showing what the product will look like. The BOM contains all of the physical (solid) components; it may (but not also) contain other items required for the final product BOM such as paint, glue, oil and other materials commonly described as 'bulk items'. Bulk items typically have mass and quantities but are not usually modelled with geometry.

Top-down design

Top-down design (Part Centric) follows closer the true design process. This starts with a layout model, often a simple 2D sketch defining basic sizes and some major defining parameters. Industrial Design
Industrial design

Industrial design is an applied art whereby the aesthetics and usability of mass-produced Product may be improved for marketability and Manufacturing....
, brings creative ideas to product development. Geometry from this is associatively copied down to the next level, which represents different sub-systems of the product. The geometry in the sub-systems is then used to define more detail in levels below. Depending on the complexity of the product, a number of levels of this assembly are created until the basic definition of components can be identified, such as position and principal dimensions. This information is then associatively copied to component files. In these files the components are detailed; this is where the classic bottom-up assembly starts. The top down assembly is sometime known as a control structure. If a single file is used to define the layout and parameters for the review structure it is often known as a skeleton file.

Defence engineering traditionally develops the product structure from the top down. The system engineering process prescribes a functional decomposition of requirements and then physical allocation of product structure to the functions. This top down approach would normally have lower levels of the product structure developed from CAD data as a bottom up structure or design.

Front loading design and workflow

Front loading is taking top-down design to the next stage. The complete control structure and review structure, as well as downstream data such as drawings, tooling development and CAM models, are constructed before the product has been defined or a project kick-off has been authorized. These assemblies of files constitute a template from which a family of products can be constructed. When the decision has been made to go with a new product, the parameters of the product are entered into the template model and all the associated data is updated. Obviously predefined associative models will not be able to predict all possibilities and will require additional work. The main principle is that a lot of the experimental/investigative work has already been completed. A lot of knowledge is built into these templates to be reused on new products. This does require additional resources “up front” but can drastically reduce the time between project kick-off and launch. Such methods do however require organizational changes, as considerable engineering efforts are moved into “offline” development departments. It can be seen as an analogy to creating a concept car to test new technology for future products, but in this case the work is directly used for the next product generation.

Design in context

Individual components cannot be constructed in isolation. CAD; CAiD
Computer-aided industrial design

Computer-aided industrial design is a subset of computer-aided design that includes software that directly helps in product development.Within CAID programs designers have the freedom of creativity, but typically follow a simple design methodology:...
 models of components are designed within the context of part or all of the product being developed. This is achieved using assembly modelling
Assembly modelling

Assembly Modelling is technology and methods used by Computer-aided design and Product visualization computer software systems to handle multiple files that represent components within a product....
 techniques. Other components’ geometry can be seen and referenced within the CAD tool being used. The other components within the sub-assembly, may or may not have been constructed in the same system, their geometry being translated from other CPD
Collaborative Product Development

Collaborative Product Development is a business strategy, work process and collection of software applications that facilitates different organizations to work together on the development of a product....
 formats. Some assembly checking such as DMU
Digital mockup

Digital MockUp or DMU is a concept that allows the description of a product, usually in 3D, for its entire life cycle. Digital Mockup is enriched by all the activities that contribute to describing the product....
 is also carried out using Product visualization software.

PLM 2.0


In 2008, following the revolution around Web 2.0
Web 2.0

The term "Web 2.0" refers to a perceived second generation of web development and web design, that aims to facilitate communication, secure information sharing, interoperability, and collaboration on the World Wide Web....
, one of the key commercial players in PLM introduced the notion of PLM 2.0, which encompasses a social community approach to PLM.

PLM 2.0 is about reuse of Web 2.0 like terminology and concept in the domain of PLM. More than a technology, it is a philosophy where:
  • PLM applications are web-based (Software as a Service
    Software as a Service

    Software as a Service is a model of software deployment where an application is licensed for use as a service provided to customers on demand. On demand licensing and use alleviates the customer's burden of equipping a device with every application....
    )
  • PLM applications focus on online collaboration, collective intelligence and online communities
  • PLM expands to new usages like crowdsourcing
    Crowdsourcing

    Crowdsourcing is a neologism for the act of taking a task traditionally performed by an employee or contractor, and outsourcing it to an undefined, generally large group of people or community in the form of an open call....
     and real world web, extending the reach PLM outside the enterprise
  • PLM business processes can easily be activated, configured and used, with online access


Currently, PLM 2.0 is still more an idea and a concept than a reality. But more and more PLM offering will embrace the concepts that has been listed here.

Product and process lifecycle management (PPLM)


Product and process lifecycle management (PPLM) is an alternate genre of PLM in which the process by which the product is made is just as important as the product itself. Typically, this is the life sciences and advanced specialty chemicals markets. The process behind the manufacture of a given compound is a key element of the regulatory filing for a new drug application. As such, PPLM seeks to manage information around the development of the process in a similar fashion that baseline PLM talks about managing information around development of the product.

Major commercial players


Total spending on PLM software and services is estimated to be above $15 billion a year but it is difficult to find any two market analysis reports that agree on figures. Market growth estimates are in the 10% area.

Looking at segment split, currently most of the revenue generated is in the area of EDA and high end MCAD (each above 15%), followed by AEC, low-end MCAD, and PDM (each above 10%). The other notable segment is CAE at above 5%. It is however predicted that the collaborative PDM and visualization areas will increase in dominance.

There are many companies that supply software to support the PLM process; the largest by revenue are mentioned here. Some companies such as Dassault Systèmes
Dassault Systemes

Dassault Systemes is a leading company specializing in 3D and PLM software. In 2008, Dassault was the 17th largest software company in the world....
 ($1.7B), Siemens PLM Software (formely UGS) ($1.4B), PTC
Parametric Technology Corporation

Parametric Technology Corporation provides Product Lifecycle Management engineering CAD/CAM software and content management and dynamic publishing solutions to more than 50,000 companies worldwide....
 ($1.0B), Agile Software Corporation
Agile Software Corporation

Agile Software Corporation is a San Jose, California based Product Lifecycle Management software manufacturer.In February, 2005, Agile Software Corporation acquired Cimmetry Systems Corporation, a privately owned software developer, specializing in enterprise visualization solutions, for approximately $41.5US million in cash....
 (now part of Oracle Corporation
Oracle Corporation

Oracle Corporation specializes in developing and marketing enterprise software products ? particularly database management systems. Through organic growth and a number of high-profile acquisitions, Oracle enlarged its share of the software market....
) and SofTech, Inc.
SofTech, Inc.

SofTech, Inc., In December 2002, SofTech acquired Workgroup Technology Corporation , developer of ProductCenter, the company's PDM/PLM solution....
 (.011B) provide software products that cover most of the areas of PLM functionality; some companies for example MSC Software
MSC Software

MSC Software, founded as MacNeal-Schwendler Corporation by Richard MacNeal and Robert Schwendler, is an engineering-software company. The company developed its first program called SADSAM , the forerunner to MSC's flagship program, MSC.Nastran....
($0.3B), Altair Engineering
Altair Engineering

Altair Engineering is a product design and development, engineering software and grid computing software company. Altair was founded by Jim Scapa, George Christ, and Mark Kistner in 1985....
 ($0.15B) and Wrench Solutions provide packages specializing in specific topics. One company, Aras Corp
Aras Corp

Aras Corporation is an United States developer and publisher of product lifecycle management PLM, Advanced Product Quality Planning APQP, and new product introduction NPI software....
 offers Microsoft-based open source
Open source

Open source is an approach to design, development, and distribution offering practical accessibility to a product's source . Some consider open source as one of various possible design approaches, while others consider it a critical Strategy element of their business operations....
 enterprise PLM solutions, and Arena Solutions
Arena Solutions

Arena Solutions is a Product Lifecycle Management company headquartered in Foster City, CA. Arena uses the on-demand model of software delivery also known as Software as a Service ....
 and Datastay Corp provide on-demand PLM (Software as a service
Software as a Service

Software as a Service is a model of software deployment where an application is licensed for use as a service provided to customers on demand. On demand licensing and use alleviates the customer's burden of equipping a device with every application....
) solutions. KnowledgeBench
Knowledgebench

KnowledgeBench is a proprietary software suite which is used in the development of new products such as pharmaceuticals, food and drink, speciality chemicals, paint, oil, and plastics....
 provides web-based PLM applications that are used by pharmaceutical and food and beverage manufacturers. Additional unique offerings include Selerant
Selerant

Selerant is a Product Lifecycle Management company headquartered in Milan, Italy and New York, USA....
 which specializes only in the process industry and provides formulation optimization and regulatory management. Also, Omnify
Omnify

Omnify Software is an United States developer and distributor of product lifecycle management software, built on the Microsoft .NET framework....
 Software's PLM incorporates traditionally disparate systems (quality, training, corrective action/preventive action) to augment support for regulatory compliance across all verticals. Other companies provide web-based PLM solutions mainly for apparel, footwear, accessories, and consumer brand manufacturers, including Centric Software
Centric Software

Centric Software Centric Software is a Product Lifecycle Management company headquartered in Campbell, CA, USA. Its web-based solutions target fast moving consumer goods industries, including apparel, footwear, and private label products....
 and ecVision
EcVision

ecVision is an apparel and footwear Product Lifecycle Execution solutions provider, which delivers Product lifecycle management/SCE systems to help consumer goods retailers and brand manufacturers simplify their supply network collaboration and extend visibility....
 .

Independent PLM solution providers such as Satyam
Satyam Computer Services Ltd.

Satyam Computer Services Ltd. is a consulting and information technology services company based in Hyderabad, India, India.Overview ...
 (SAY) ,Atos Origin
Atos Origin

Atos Origin, SA is an international information technology corporation which operates in 40 countries worldwide, with over 50,000 employees.The corporate headquarters are located in Paris, France and Zaventem, Belgium....
, SIA Conseil, accenture, Infosys, Integware and deliver PLM consulting and system integration services and help companies to identify, design, implement and operate appropriate PLM practices, processes and technologies.

There are also companies whose main revenue is not from PLM but do attribute some of their income from PLM software, such as SAP
SAP AG

SAP Aktiengesellschaft is the largest European software enterprise and the fourth largest in the world, with headquarters in Walldorf, Germany....
($11B), SSA Global
SSA Global Technologies

SSA Global Technologies was a company developing Enterprise resource planning software. On May 15, 2006, SSA Global announced that it would be acquired by Infor Global Solutions....
 , Oracle Corporation
Oracle Corporation

Oracle Corporation specializes in developing and marketing enterprise software products ? particularly database management systems. Through organic growth and a number of high-profile acquisitions, Oracle enlarged its share of the software market....
 and Autodesk
Autodesk

Autodesk, Inc. is an United States multinational corporation that focuses on 2D and 3D Computer Aided Design design software for use in architecture, engineering and building construction, manufacturing, and media and entertainment....
 ($1.5B). Other companies in this market, such as Satyam
Satyam Computer Services Ltd.

Satyam Computer Services Ltd. is a consulting and information technology services company based in Hyderabad, India, India.Overview ...
 (SAY) ,Atos Origin
Atos Origin

Atos Origin, SA is an international information technology corporation which operates in 40 countries worldwide, with over 50,000 employees.The corporate headquarters are located in Paris, France and Zaventem, Belgium....
, IBM
IBM

International Business Machines Corporation, abbreviated IBM and nicknamed "Big Blue" , is a multinational corporation computer technology and consulting corporation headquartered in Armonk, New York, New York, United States....
 ($88.9B), EDS
EDS

EDS may refer to:*Earth Departure Stage, a rocket stage forming part of NASA's project Constellation*EdS, registered trademark for natural perfumes and cosmetics, very low irritating and insignificant allergic potential...
 ($19.8B),NEC
NEC

is a Japan multinational corporation IT company headquartered in Minato, Tokyo, Japan. NEC, part of the Sumitomo Group, provides information technology and network solutions to business enterprises, communications services providers and government....
 ($45B), Accenture
Accenture

Accenture Limited is a global management consulting, technology services and outsourcing company. It is registered in Hamilton, Bermuda. It is said to be the largest consulting firm in the world....
, Infosys (INFY), Geometric
Geometric Limited

Geometric Ltd is a IT services company specializing in Product Lifecycle Management .Geometric was set up as a Division of Godrej Group in 1984-85....
, Tata Consultancy Services
Tata Consultancy Services

Tata Consultancy Services Limited is an Indian software services and consulting company. It is India's largest provider of information technology and business process outsourcing services....
 (TCS) ,WRENCH Solutions (P) Ltd,ITC Infotech
ITC Ltd.

ITC Limited which previously stood for Imperial Tobacco Company of India Limited, is an Indian conglomerate with a revenue of US $ 4.75 billion....
 provide outsourcing and consulting services some of which is in the field of PLM. 3DPLM is a joint venture between Dassault systeme and Geometric to develop specialised PLM solutions.

Many of these companies have emerged out of the CAD and PDM market. For a more comprehensive list see List of CAD companies
List of CAD companies

List of CAx companies and their software products.Software using computer-aided technologies has been produced since the 1970s through to the present for a variety of computer platforms....
.

See also

  • Application lifecycle management
    Application Lifecycle Management

    Application lifecycle management is the marriage of business management to software engineering made possible by tools that facilitate and integrate requirements management, software architecture, computer programming, software testing, issue tracking system, and Release Management....
  • Building lifecycle management
    Building lifecycle management

    Building lifecycle management or BLM is the adaptation of Product Lifecycle Management -like techniques to the design, construction, and management of buildings....
  • Collaborative Product Development
    Collaborative Product Development

    Collaborative Product Development is a business strategy, work process and collection of software applications that facilitates different organizations to work together on the development of a product....
  • Concept car
    Concept car

    A concept vehicle or show vehicle is a Automobile prototype made to showcase a concept, new styling, technology and more. They are often shown at Auto show to gauge customer reaction to new and radical designs which may or may not have a chance of being produced....
  • Extending the Product Life Cycle
    Extending the Product Life Cycle

    OverviewWhen a product reaches the maturity stage of the Product life cycle a company may choose to operate strategies to extend the life of the product....
  • Industrial Design
    Industrial design

    Industrial design is an applied art whereby the aesthetics and usability of mass-produced Product may be improved for marketability and Manufacturing....
  • ISO 10303
    ISO 10303

    ISO 10303 is an International Organization for Standardization standard for the computer-interpretable representation and exchange of industrial product data....
     - Standard for the Exchange of Product model data
  • Mass production
    Mass production

    Mass production is the production of large amounts of standardized products, including and especially on assembly lines. The concepts of mass production are applied to various kinds of products, from fluids and particulates handled in bulk to discrete solid parts to assemblies of such parts ....
  • New product development
    New product development

    In business and engineering, new product development is the term used to describe the complete process of bringing a new product or service to market....
     (NPD)
  • Product Life Cycle Management
    Product life cycle management

    Product Life Cycle Management is the succession of strategies used by management as a Product goes through its product life cycle. The conditions in which a product is sold changes over time and must be managed as it moves through its succession of stages....
  • Product management
    Product management

    Product management is an organizational lifecycle function within a company dealing with the planning or marketing of a product or products at all stages of the product lifecycle....
  • Toolkits for User Innovation
    Toolkits for User Innovation

    Toolkits for user innovation is an innovation process in which the user itself does part of the innovation within a set environment. The process was formalized by Eric von Hippel in the article PERSPECTIVE: User toolkits for innovation and it is based on his belief in innovation made by Lead_user....
  • User Centered Design


Further reading

  • - White Paper