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The increased product innovation, ever-increasing quality and compliance regulations, the changing working models, tight profit margins, and new business models are some of the many factors that are driving dramatic changes in the market dynamics for high-tech manufacturers, forcing them to reconsider their existing business approaches. This is where PLM outshines. Keep reading to explore the benefits of a robust PLM solution for high-tech manufacturers to remain relevant in the changing business environment. 

Every business has its own way of handling product data. While being unique is important in individualization, this prevents effective collaboration and information sharing. PLM SME (Subject Matter Expert) Tom Nelson led our GoSaaS Webinar on 2/28, describing how the cloud fits into your PLM strategy and processes. Through the Oracle PLM Cloud, you can unify the entirety of your product and supply chain processes on one integrated platform – from ideation to commercialization. The benefits are numerous, including a reduction of costs from prototyping and scrapping, centralizing data, improvement on internal and external collaboration throughout the entire product lifecycle and an entire process automation leading to a faster time to market/launching.