An enterprise that wants to shift to a global product development strategy must invest in modern product lifecycle management (PLM) technology. Therefore, the PLM software market could be on the edge of a significant growth cycle.
product design development
documentation, quality assurance, and product maintenance for maturing products. Over time, whole business processes, like help desk support, claims processing, and other traditional call center functions, were moved offshore. Today, we are witnessing the advent of modern three dimensional computer-aided design (CAD), computer-aided manufacturing (CAM), product visualization, and PLM technologies with sophisticated data synchronization, product data management capabilities, work force collaboration,