Product Lifecycle Management Leading the rush to the cloud, PLM technology devel- opers are hoping to cash in on the much-hyped cloud concept, which promises to significantly cut com- panies’ IT costs, while also offering PLM users some advantages in speed of deployment. What is PLM? It’s not a product, but more of a business concept, according to the definition held by PLM market researcher CIMdata Inc. (Ann Arbor, MI). PLM systems encom- pass a wide range of business and technical applications. That includes product data management (PDM) systems like Teamcenter from Siemens PLM Software and the Enovia PDM from Dassault Systèmes, the two largest develop- ers of PLM. Others include PTC’s Windchill PLM, the cloud-based Autodesk PLM 360 announced last year, as well as offerings from SAP (Newtown Square, PA), and from Oracle Corp. (Redwood City, CA), which recently bought Agile PLM and two other PLM suppliers. In July, CIMdata announced the comprehensive PLM market performed well, growing 12.6% in 2012 to $21.1 billion in sales. The PLM market started off strongly in 2012, before slowing in the sec- ond half of 2012, said Stan Przyby- linski, CIMdata’s Vice President of Research. The simulation and analysis segment grew 19.1% to reach $4 billion. PLM developers’ cloud strategies are evolving. Many cloud models
also involve offering the pay-as-you-go Software-as-a- Service (SaaS) model of software distribution, which also promises to cut deployment costs and improve speed of deployments. Low costs for both initial pricing and monthly fees
made Autodesk’s new cloud-based PLM 360 an at- tractive choice after it was released in February 2012.
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