New Design Life-Cycle Management Initiative

The larger field of PLM gives organizations the ability to exchange project information in real time across the complete project lifecycle. A number of PLM projects have been recently undertaken by Fortune 500 companies, and produced substantial cost and time savings.

"In addition to the efficiencies engendered by our Design Life-Cycle Management solutions, perhaps the key benefit is providing a collaborative platform across the entire supply chain that fosters innovation," James said. "Managing and encouraging innovation is rapidly becoming the strategic competitive advantage across a swath of industries."