How does PLM help in Digital Transformation?
Quality data is a basic requirement for implementing Digital Transformation components like Big data and AI. PLM provides a single organized source/truth for this foundational data. Moreover data gathered from IOT can be utilized to better and faster product development by making it available on context to designers. It is much easier to succeed with Digital Transformation if PLM is already in place. Journey to DT begins with Digitization and is incomplete without Digitalization.
CAD, CAM +++ - Digitization tools
PLM, ERP, CRM +++ - Digitalization tools
AI,ML, IOT, AR/VR +++ - Digital Transformation tools