target audience: TECH BUYER Publication date: Nov 2024 - Document type: IDC MarketScape - Doc Document number: # US52726022
IDC MarketScape: Worldwide Process Manufacturing PLM Strategic Consulting Services 2024 Vendor Assessment
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Abstract
This IDC study analyzes the major strategic consulting service providers in the PLM market for process manufacturing industries. We will have companion IDC MarketScape documents that analyze:
- Systems integrators and business process outsourcing services providers in the PLM market for discrete manufacturing industries
- Systems integrators and business process outsourcing services providers in the PLM market for process manufacturing industries
- Strategic consultants in the PLM market for discrete manufacturing industries
“Product and process development and innovation continue to be transformed by the capabilities of PLM systems to improve cost, time, quality, and collaboration. However, successful product and process transformation requires PLM integration across multiple organizations and the enterprise systems on which they rely. The data that drives this collaboration is the digital thread of the product life cycle, which is necessary for manufacturers to improve development, production, sourcing, and service, both inside and outside of the company. It can be difficult for process manufacturers to keep up with the pace of technological change, and so service providers/partners become extended team members that provide technology and industry guidance for successful digital transformation,” said John Snow, research director, Product Innovation Strategies, IDC.