he PLM market grew at healthy levels in 2011 as manufacturers continued to make
investments in PLM technology, ac- cording to market researcher CIMdata Inc. (Ann Arbor, MI). At CIMdata’s recent North Ameri-
can PLM Market & Industry Forum, CIMdata offered its perspective on current and future trends in PLM. “While the PLM market came back very strong based on the global mar- ket numbers, we believe that there is a ‘New Normal’ in the business environment,” says Peter Bilello, CIMdata President. “One way to look at the market is that companies are using PLM strategies to do more with less. They are not necessarily hiring people, but they need PLM strategies and enabling technologies to get their work done in a more accurate, repeat- able, and efficient manner.” During 2011, manufacturing
companies invested in PLM technol- ogy and services, which experienced 15.2% growth in 2011 to $29.98 billion, notes Stan Przybylinski, CIM- data’s director of research. “At last year’s forum there were some ques- tions about our optimistic forecasts for calendar year 2011, but our estimates show outstanding growth,” he says. “Growth was strong throughout the year, particularly in licenses, which bodes well for services growth and continued market expansion in the next few years. CIMdata strongly believes that the expansion in invest- ment supports our long-time claim that PLM is a strategic imperative that will help companies enhance prod- uct and process development and
improve their competitive position as global markets rebound.” For more information or to obtain the full report, see
“GibbsCAM software provides you with the powerful capability an wide range of support you need to create real-world programs for your parts and YOUR machines, while its industry-leading ease-of-use ensures that your employees
become more productive quickly. Together, as members of the Cimatron Group, GibbsCAM and CimatronE are YOUR competitive edge—providing complete solutions for ALL OF YOUR CAM needs!”
Bill Gibbs Founder/President
®
Powerfully Simple. Simply Powerful.
Gibbs and Associates/GibbsCAM Production CNC Programming
Cimatron Technologies/CimatronE
Integrated CAD/CAM for Mold & Die, Design and Manufacturing http://me.GibbsCAM.com • 1-800-654-9399