Manufacturers of all sizes are facing increased complexity in their product development environments, including faster product commoditization, outsourcing, globalization, cost pressures, and corporate pressures for growth. Benchmarks of small to medium-size enterprises (SMEs) indicate that about one third outsource production and 22% outsource at least some of their product design, with about 75% having a global product design strategy in place.
Despite the challenges with complexity, manufacturers are not satisfied with maintaining the status quo; they are simultaneously focusing on growth and place even higher strategic importance on revenue growth in combination with cost control. Best-in-class performers are organizing and automating their business for innovation leading to corporate success and are four times more likely to utilize PLM (Product Lifecycle Management) related technology.
Increasingly businesses are looking to adopt business ready PLM Solutions preconfigured with industry practices which be rapidly tailored to meet the demands of a growing organization. Realizing this need, Datafrond developed a business ready, preconfigured and packaged Product Lifecycle Management (PLM) solution that contains end-to-end best practices in product development business processes.
PLM-IN-A-BOX is a proprietary solution from Datafrond, designed by Datafrond PLM experts to help small and mid-size enterprises to respond to product innovation challenge by proactively focusing on product-related processes.
PLM-IN-A-BOX process, methodology and implementation frameworks are registered patents with USPTO (United States Patent and Trademark Office) assigned application number ‘13344601’, EFS ID ‘11772342’.
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