Constant competitive pressures and market demands require companies to continuously improve the management and response of their design, planning, development, manufacturing, support, and retirement phases of their product offerings. This is just as important to the overall success of the business as the actual product that a company delivers to its customers. Managing all of these elements across a global business landscape presents major challenges that include different time zones, disparate application systems with multiple data formats, and access to various sources and types of expertise. To remain competitive, these organizations must create an innovative Product Lifecycle Management (PLM) environment.
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