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Frost Radar™: Product Lifecycle Management, 2024

How is Your Company Leveraging Product Lifecycle Management Solutions to Unlock New Growth Opportunities?

The current industrial landscape is transforming as companies are embracing innovative technologies and software solutions to streamline operations and cater to evolving customer needs. At the heart of this transformation is the widespread adoption of product lifecycle management (PLM) software, a vital tool for managing the intricate lifecycle of products. The shift to PLM solutions is paving the path for new cloud-native players who are disrupting the traditional software landscape. Meanwhile, industry leaders are actively expanding their partner networks and investing in new technologies to stay ahead of the competition.

Frost Radar™: Product Lifecycle Management, 2024

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What Strategic Imperatives Are Shaping the PLM Software Industry?

Disruptive Technologies

Integrating latest innovations like artificial intelligence (AI), digital twin technology, and additive manufacturing into PLM to improve customer experience.

Innovative Business Models

Focusing on pay-as-you-go, software-as-a-service (SaaS) subscription models to ensure flexibility, scalability, and reduced IT overhead.

Competitive Intensity

Migrating to cloud alternatives from on-premises deployment of PLM to compete with the cheaper, simpler and faster offerings from new players.

Frost Radar™ serves as a powerful analytical tool for conducting a comprehensive 'Growth Audit' across various industries, evaluating key companies on essential criteria related to innovation and growth. Our primary goal is to assist clients in fostering innovation and accelerating growth. Utilize this distinctive competitive benchmarking tool to elevate your future growth potential significantly.

What is your company's long-term strategy for maintaining and enhancing its competitive position in the industry?

Frost & Sullivan evaluated hundreds of PLM software and solutions providers in the industry, selecting 11 for their growth potential and innovative prowess. Companies featured on the Frost Radar™ are  Siemens, Dassault Systèmes, PTC, Aras, Propel Software, SAP, Autodesk, Duro, OpenBOM, Infor, and Oracle.

Download the Frost Radar for a comprehensive analysis of these companies' profiles, including details on their competitive standing, best practices, innovative approaches, and growth strategies.

Sign up for a complimentary Growth Pipeline Dialog™

A Growth Pipeline Dialog is a structured discussion with our growth experts providing unparalleled technology intelligence and proven implementation best practices. This discussion will spark innovative thinking and help generate a pipeline of growth opportunities you can leverage to maximize your company’s future growth potential.

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