A paper by Datamation Ltd., January 2005, www.datamation.co.uk.
Though there is now a general consensus on the use of Product Lifecycle Management (PLM), there is still a great deal of confusion as to what it actually means and what makes it different from Product Data Management (PDM). As an example, PLM is often described in terms of benefits such as time to market and cutting development costs, or features and functions such as workflow, change management and collaboration. These are the very same words that were used to describe PDM. Further uncertainty surrounds how document management and Asset Information Management solutions fit into the bigger picture of data management. This document provides a clear and concise definition of PLM, why it is fundamentally different from PDM, and why it opens new opportunities to make businesses more dynamic and innovative.
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Ray Kurland comments: Kais Al-Timimi, Managing Director of Datamation, is one of the leading authorities on PLM. We have great confidence in him and his company. This paper is an excellent read and makes strides in the understanding exactly what is meant by PLM.
