TechNavio today launched its Product Lifecycle Management Market in Japan 2010“2014 report based on an in-depth study focusing on Japan. The report aids decision makers™ understanding of the growth potential in this regional market.
Commenting on the report, an analyst from TechNavio™s Engineering Software team said, With the advent of cloud computing technology that offers huge space for data storage, access, and flexibility; there is an increasing trend in development of cloud-based PLM solutions. The virtual platform enables the organizations to access the PLM software on a pay-per- use basis.
According to the report, with the increasing competition amongst companies to develop quality products at minimal cost, several organizations are adopting PLM software solutions. These software solutions provide sophisticated capabilities such as virtual product designing, simulation analysis and digital manufacturing capabilities.
Further, the report also discusses the challenges with high product and training costs that can hinder the adoption of PLM software.
The contents of this report are based on research conducted on an objective combination of primary and secondary scores, 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.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/product-lifecycle-management-market-jap…
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