Against the backdrop of the global pandemic, the growing concerns of businesses around sustainable business models, supply chain resilience and profitable product development have speeded the adoption of reliable PLM platforms. As a result, PLM solutions are also constantly improving to meet the evolving needs of businesses. PLM is no longer the only software focusing on the design and engineering of the product; it's evolved into an enterprise platform. In this blog, we discuss how the updated PLM can make your business run more efficiently.
Due to the widespread use of PLM, Oracle has added key modules, such as Innovation Management, Product Development, Product Data Hub, and Quality Management, assisting you from ideation of the product to the end of its life. Along with development, project planning and employee training have been made easier with the cloud. The updates allow you to make informed decisions and reduce risks through better risk and cost management. The integration of the product data hub simplifies collaboration in the cloud, allowing you to access all product information in one place.
Let’s look at the numerous features and add-ons of Cloud PLM:
With its functionalities, PLM Cloud provides a pool of opportunities for all industries to produce better goods alongside generating high profits. For more information on how to use the cloud in the best way, contact our GoSaaS team.