TEAMCENTER – THE PLM FOUNDATION FOR ENTERPRISES

1. What is Product Lifecycle Management (PLM)?

Product Lifecycle Management (PLM) software is not just for engineering and operations teams. PLM software manages the entire lifecycle development process of a product, providing a comprehensive view of the product. It encompasses multiple aspects of how a product is developed across different cross-functional teams.

Beyond product development, PLM helps companies address the commercialization aspect of a product. Lack of product readiness and change coordination can impact product launch plans and slow down overall company development.

PLM connects data, processes, and technology to quickly deliver high-quality products to the market. With this alignment, PLM not only helps smaller companies scale but also provides agility and flexibility for larger enterprises. PLM helps larger companies eliminate bottlenecks through processes built on the PLM platform. The PLM platform helps quickly resolve issues that could cause significant delays or exceed budgets.

2. Benefits of a PLM System

There are a range of benefits associated with implementing an effective PLM solution, including:

• Risk reduction
• Increased productivity
• Cost management
• Faster time-to-market
• Higher revenue
• Data sharing
• Centralization
• Better product quality
• Improved customer confidence
• Business scalability

3. Why PLM is Essential for Businesses

PLM software may start as a way to manage large CAD files and documentation, but it has evolved into essential software for today’s companies. Maintaining competitiveness requires a product portfolio and new product introduction process aligned with growth and sustainability goals. However, many organizations still rely on outdated, isolated systems, and some even use Excel spreadsheets, which are insufficient to support modern business challenges.

Teamcenter X is a cloud-based PLM 4.0 solution built on a Software-as-a-Service (SaaS) model, meaning it is always updated with the latest features, functionality, and best practices. Teamcenter X delivers frequent updates so businesses continuously leverage the newest improvements.

Deploying Teamcenter X means you immediately gain value from predictive analytics, Artificial Intelligence (AI), Machine Learning (ML), IoT, and built-in digital support to create digital twins, turning data into foresight and predictions.

Teamcenter X provides a true digital thread, aligning design, planning, manufacturing, and service processes to deliver a platform that supports business transformation. When PLM is unified on a common platform across ERP, Supply Chain Management (SCM), supply chain planning, manufacturing, maintenance, IoT, and customer experience, businesses can accelerate innovation, achieve higher quality throughout product launches, and maintain resilience amid market changes.

Source: SDE TECH

SDE TECHNOLOGY CO., LTD (SDE TECH) was established in 2014. By 2018, we became a Smart Expert Partner – a leading partner of Siemens Digital Industries Software in the Southeast Asia – Pacific region for Siemens NX (Unigraphics NX), Simcenter, Solid Edge, Tecnomatix, and Teamcenter solutions.