Product Lifecycle Management (PLM) helps you manage complex, cross-functional processes, coordinating the efforts of distributed teams to consistently and efficiently develop the best possible products. The PTC PLM software system manages all aspects of the product development lifecycle, from concept through service and retirement. By optimizing product development processes and using a single, secure source of information, you can develop products that are competitive, cost-effective, and high quality.
PLM software supports the product development process, to integrate people, processes and systems. It provides a product information "warehouse" for organizations. Primary benefits of PLM software include: