CIMdata Announces its 2010 PLM Vendor Forum Programs
“PLM—Accelerating the Recovery”
ANN ARBOR, Michigan, December 16, 2009—Consulting and research firm CIMdata, Inc. announces its 2010 PLM Vendor Forum schedule and program. These international one-day events will be held in Ann Arbor, Michigan, USA on March 25th, in Stuttgart, Germany on April 15th, and in Tokyo, Japan on April 21st, 2010.
CIMdata’s 2010 PLM Vendor Forum will provide an insightful view of the impact of the current economic climate and trends on PLM solution suppliers competing in an increasingly challenging market. As always, CIMdata’s perspective on the state and trends of the current and future PLM market will be presented in detail, as well as providing our first public exposure to CIMdata’s perspective on 2009 PLM market results—including our extensive analysis and forecasts regarding market growth and forecasts across PLM domains, industries, and regions, and the performance (revenue and market share analysis) of leading PLM solution suppliers. We will discuss two expansion areas—Social Networking and Compliance, and how they are accelerating the recovery and bringing new opportunities to the PLM market. “Social networking is changing how users work the product development process,” said Ed Miller, CIMdata President. “These technologies are impacting the PLM solutions that companies need to deploy and that vendors need to provide.”
The most recent economic downturn has proven to be painful for many companies around the world. Fortunately, many regions and industrial sectors are starting to see signs of recovery. The current economic cycle has had a major impact on many companies’ businesses—including their ability to compete and expend resources. Companies need to accommodate economic cycles and know when and what investments to make in order to recover from a downturn’s impact more quickly. The question is “What will help my company and the overall market recover faster?” Historically, delivering new products and services that consumers want to buy has had a positive impact on the economy—accelerating a return to business growth. “While it takes commitment, market-leading companies invest during downturns so that they can emerge leaner and stronger, with a portfolio of products that takes advantage of the upturn,” said Ken Amann, CIMdata Director of Research. “These companies look at their core portfolio of products and invest in R&D to ensure that they have the first-mover advantage. This can significantly improve their market position and leadership.”
Participants in CIMdata’s PLM Vendor Forum should expect to gain a solid understanding of the current PLM market situation, dynamics that are impacting it, and expectations for its continued evolution. In addition, attendees will have the opportunity to gain further insights into opportunities and approaches they can use to navigate the PLM market environment during the current times.
CIMdata defines PLM as a strategic business approach that applies a consistent set of business solutions in support of the collaborative creation, management, dissemination, and use of product definition information across the extended enterprise from concept to end of life—integrating people, processes, business systems, and information. PLM forms the product information backbone for a company and its extended enterprise.
CIMdata, an independent worldwide firm, provides strategic consulting to maximize an enterprise’s ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM) solutions. Since its founding more than 25 years ago, CIMdata has delivered world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM enabling technologies.
CIMdata works with both industrial organizations and suppliers of technologies and services seeking competitive advantage in the global economy. In addition to consulting, CIMdata conducts research, provides PLM-focused subscription services, and produces several commercial publications. The company also provides industry education through international conferences. CIMdata serves clients worldwide from locations in North America, Europe, and Asia Pacific.
To learn more about CIMdata’s services, visit our website at www.CIMdata.com or contact CIMdata at: 3909 Research Park Drive, Ann Arbor, MI 48108, USA. Tel: +1 (734) 668-9922. Fax: +1 (734) 668-1957, or Siriusdreef 17-27, 2132 WT Hoofddorp, The Netherlands. Tel: +31 (0)23 568-9385. Fax: +31 (0)23 568-9111.