TechNavio today launched its report Global Product Data Management Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said; ”The integration of Product Data Management (PDM) with enterprise applications is one of the emerging trends in the market. This cost-effective integrated PDM attracts many large enterprises and industries as it increases the productivity and efficiency of supply chains. In addition, integrated enterprise PDM solutions provide various advantages such as a wide range of search criteria, the management of bills of material, check-in and check-out design data management, and process flow definition. Thus, integrated enterprise PDM helps end-users develop a competitive edge over their competitors.”
According to the report, product data management time is one of the major factors that hamper the speed of a product development cycle, and PDM helps produce reliable and cost-effective products by reducing product data management time. Thus, the pressure to reduce product data management time is one of the major drivers in the Global PDM market.
Further, the report also discusses that many end-users, especially in developing countries, are struggling to adopt PDM software due to a shortage of PDM expertise.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit https://www.technavio.com/content/global-product-data-management-market-2…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Engineering reports, please visit https://www.technavio.com/engineering-software
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