{"id":295,"date":"2007-05-25T07:00:56","date_gmt":"2007-05-25T15:00:56","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=295"},"modified":"2007-05-25T07:00:56","modified_gmt":"2007-05-25T15:00:56","slug":"plm-companies-seeking-innovation-adopt-plm","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/plm-companies-seeking-innovation-adopt-plm\/","title":{"rendered":"PLM:  Companies Seeking Innovation Adopt PLM"},"content":{"rendered":"<p>A recent <a title=\"PLM World CapGemini survey\" href=\"http:\/\/www.us.capgemini.com\/news\/PulseSurveys\/ugs_042407.asp\" target=\"_blank\">survey<\/a> by <a title=\"CapGemini\" href=\"http:\/\/www.capgemini.com\/\" target=\"_blank\">CapGemini<\/a> found that companies are looking to achive innovation and not cost savings when they make the decision to adopt a PLM system.\u00a0 The <a title=\"PLM World\" href=\"http:\/\/event.plmworld.org\/\" target=\"_blank\">survey<\/a> was made at the <a title=\"UGS Connection 2007 Americas User Conference\" href=\"http:\/\/www.us.capgemini.com\/news\/event.asp?EventID=331\" target=\"_blank\">UGS Connection 2007 Americas User Conference<\/a> held in late April by <a title=\"PLM World\" href=\"http:\/\/www.plmworld.net\/Index.php\" target=\"_blank\">PLM World<\/a>.\u00a0<\/p>\n<p>55% of those surveyed said innovation was most important, compared to 30% who thought that cost savings was the main driver, with Globalization, Compliance and Customer Demands all ranking low as reasons for adopting PLM.<\/p>\n<p>While only 10% ranked PLM as the number one priority for their companies or organizations, a solid 45% found it to be of Major Importance and 40% found it to be at least Somewhat Important.<\/p>\n<p>Important benefits of PLM cited include Reduced Time to Market (35%), Savings through re-use of Data (30%), and Collaboration (20%).\u00a0<\/p>\n<p>Users said that the optimal PLM strategy doesn&#8217;t depend so much on Technology (5%), but more on getting the Processes (40%) and Organization (40%) aligned with the PLM strategy.\u00a0 But users see Flexibility (60%) as the most important capability of a PLM system, more than Scalability (15%), Ease of Use (15%), or Robustness (10%).<!--dfd6e156de2554ff8e51593c46849311--><!--b75cc618eb4fe1eb08f35de7b4b66875--><!--3e52c026e5f64d8505695bf4d576b58a--><\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fplm-companies-seeking-innovation-adopt-plm%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fplm-companies-seeking-innovation-adopt-plm%2F&amp;title=\" target=\"_blank\"><img 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