- The key vendors in the cPDM market in France 2015-2019 are Parametric Technology Corp. (PTC), SAP, Siemens PLM and Dassault PLM
London, 22 April 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the cPDM market in France 2015-2019. Development of smart factories is one of the key trends being witnessed in the market. There is a shift from the real manufacturing world to the digital manufacturing world, enabling companies to digitally plan and execute the life cycle of a product. Smart machines are installed in factories that perform the entire production process without any human intervention. This leads to the elimination of process or product wastage, downtime, defects, and waiting. The cPDM market in France is expected to grow at a CAGR of 8.69% during the period 2014-2019.
“Social PLM is a product design, development, and management approach that uses web tools such as wiki, cloud computing, SaaS, online communities, blogs, and social networking sites,” says Faisal Ghaus, Vice President of Technavio Research.
“This collaboration can be effective with the use of Web 2.0 concepts, which helps in faster product development with accurate information from engineering experts within and outside a company.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
