Turning PLM into a top Product Innovation Platform using DEMS (Digitally Enabled Managed Services)

It is a well-recognized fact that PLM—Product Lifecycle Management—if implemented right by manufacturers, can help cut down overall product cost significantly and enable the creation of innovative products to market, faster. PLM now is increasingly being leveraged, especially as the COVID-19 pandemic wreaks havoc across the globe, to rapidly adjust to changing customer needs that demand more collaboration, increased productivity and efficiency, and adopting the latest technologies including virtual to rapidly create new products.