Product Lifecycle Management: State-of-the-art and Future Perspectives

Wai Cheung, Dirk Schaefer

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

While most SMEs in general are willing to invest into PLM systems, many are still apprehensive to
the sometimes large initial investment to be made in terms of both software cost and the time needed
to implement and integrate such system into their digital enterprise technology infrastructure. In light
of this, it is crucial for their decision makers not only to understand the current PLM market, but also
to become familiar with emerging trends and future developments in order to select a PLM solution
that best fit the needs of their enterprise. In this chapter, the authors summarize a detailed analysis of
the PLM market with the aim to provide educators, students, and decision makers in industry with an
overview of the current PLM market as a whole. In addition, emerging trends and future developments
are addressed.
Original languageEnglish
Title of host publicationEnterprise Information Systems for Business Integration in SMEs: Technological, Organizational and Social Dimensions
EditorsM.M. Cruz-Cunha
PublisherIGI Global
Pages37-55
ISBN (Print)978-1-60556-892-5
DOIs
Publication statusPublished - 2009

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Keywords

  • PLM
  • Product Lifecycle Management (PLM)

Cite this

Cheung, W., & Schaefer, D. (2009). Product Lifecycle Management: State-of-the-art and Future Perspectives. In M. M. Cruz-Cunha (Ed.), Enterprise Information Systems for Business Integration in SMEs: Technological, Organizational and Social Dimensions (pp. 37-55). IGI Global. https://doi.org/10.4018/978-1-60566-892-5