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PLM software: close, but not perfect
February 5, 2007 — 8:01pm ET
Product Lifecycle Management (PLM) software can manage every aspect of a product's life cycle, from the concept and design stages through retirement, but it's not error-free. Problems can include data and system incompatibility and difficult-to-catch errors, and these factors are significant enough to require CIOs to measure the rewards versus the risks. Companies are taking a risk by relying so heavily on any one piece of software--especially one that includes key information on both internal users and external partners. Make sure that you calculate the costs of a PLM system to determine whether it's worth it.
Learn more about the risks and rewards of PLM:
- read the article and download the calculator at Baseline
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