siliconindia

From the pages of its history to the present date, PLM has been witnessing a significant growth, despite the few downfalls that fell in the way. PLM is no longer confined to the verticals of automotive, aerospace & defense and industrial machinery, but has moved beyond to embrace the non-traditional empires of retail, pharmaceuticals, process industries and construction too. Studies also echo in the similar veins by supporting the growth of the global PLM market which is set to witness a growth that would reach $46.2 billion by 2018. Those studies attribute the growth to the increase in adoption of PLM across all industries and the growing need to reduce the time-to-market of a product. However, in the dire need to enable a faster transformation of an innovation from mind to market that would set a storm, companies often overlook the quality which becomes equally important for them to sustain the success stature in the long run. Thus, it has become inevitable for those companies to partner with such PLM enablers who excel at managing the life cycle of the product from its concept to delivery, while keeping the quality at its best. To help people conveniently choose the perfect professionals, siliconindia identifies “10 Most Promising PLM Companies”. A distinguished panel of the industry's topmost CIOs, CEOs, VCs and industry experts including siliconindia's editorial board scrutinized the list of companies in different business touch points. The thorough analysis delved into business practices, services, compared them against industry standards to ensure that the work is of best in class quality and finally led siliconindia to come up with best companies. The archive does not only endeavor to facilitate such companies, but also fillips businesses, big or small, to partner with the finest alter-egos who help in enabling quality and faster time-to-market and quality, while protecting their innovation from the rising cost and complexity.