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Global Product Lifecycle Management Software Market Report 2023 to 2028: Featuring ANSYS, Aras, Autodesk and Coats Digital Among Others

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Dublin, Feb. 10, 2023 (GLOBE NEWSWIRE) — The “Product Lifecycle Management Software Market by Software Type, Deployment Type, End User, and Region 2023-2028” report has been added to ResearchAndMarkets.com’s offering.

The global product lifecycle management (PLM) software market size reached US$ 24.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 38.2 Billion by 2028, exhibiting a CAGR of 7.39% during 2022-2028.

Companies Mentioned

  • ANSYS Inc.
  • Aras Corporation
  • Autodesk Inc.
  • Coats Digital
  • Dassault Systemes SE (Dassault Group)
  • Infor (Koch Industries Inc.)
  • Oracle Corporation
  • PROCAD GmbH & Co. KG
  • Ptc Inc.
  • Pulse Technology Systems Ltd.
  • SAP SE
  • Siemens Aktiengesellschaft

Product lifecycle management (PLM) software enables the management of a product from initial conception to its development, service, and disposal.

It relies on enterprise applications (EA), such as enterprise resource planning (ERP), customer relationship management (CRM), and supply chain management (SCM). It helps manufacturers gather ideas from customers, engineers, and scientists and convert them into products and services that dominate the market.

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Besides this, as it assists in streamlining the flow of information across the supply chain, PLM software finds extensive applications in the electronics, aerospace, and automotive industries worldwide.

Product Lifecycle Management (PLM) Software Market Trends:

At present, businesses around the world are opting for remote working on account of the coronavirus disease (COVID-19) outbreak and consequent deployment of cloud-based solutions. This, in confluence with the increasing digitalization and automation in different industry verticals, represents one of the key factors driving the market.

Moreover, there is presently a rise in the use of PLM software in modern manufacturing companies as it assists in enhancing collaborations and decreasing inefficiency by precise and prompt usage of information. Besides this, it helps businesses increase revenues by reducing time-to-market (TTM) for new products and providing service for existing products. It also aids them in addressing their challenges, creating a competitive advantage against other businesses, and minimizing the total cost of ownership (TCO).

Nowadays, PLM software aids in the cradle-to-grave product lifecycle processes integrated with real-time data using technologies, such as the internet of things (IoT), artificial intelligence (AI), and machine learning (ML). This is catalyzing the demand for PLM software across the globe. Furthermore, the rapid expansion of small and medium enterprises (SMEs) is stimulating the growth of the market.

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Key Questions Answered in This Report
1. What was the size of the global Product Lifecycle Management (PLM) software market in 2022?
2. What is the expected growth rate of the global Product Lifecycle Management (PLM) software market during 2023-2028?
3. What are the key factors driving the global Product Lifecycle Management (PLM) software market?
4. What has been the impact of COVID-19 on the global Product Lifecycle Management (PLM) software market?
5. What is the breakup of the global Product Lifecycle Management (PLM) software market based on the software type?
6. What is the breakup of the global Product Lifecycle Management (PLM) software market based on the deployment type?
7. What is the breakup of the global Product Lifecycle Management (PLM) software market based on the end user?
8. What are the key regions in the global Product Lifecycle Management (PLM) software market?
9. Who are the key players/companies in the global Product Lifecycle Management (PLM) software market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

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4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Product Lifecycle Management (PLM) Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Software Type
6.1 Portfolio Management
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Design and Engineering Management
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Quality and Compliance Management
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Simulation, Testing and Change Management
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Manufacturing Operations Management
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast

7 Market Breakup by Deployment Type
7.1 On-premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by End User
8.1 Aerospace and Defense
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive and Transportation
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Healthcare
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 IT and Telecom
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Industrial Equipment and Heavy Machinery
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Retail
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Semiconductor and Electronics
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Others
8.8.1 Market Trends
8.8.2 Market Forecast

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9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

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14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/2di3ex-lifecycle?w=12

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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Artificial Intelligence

Discovery launches documentary series Being Digi-Sapiens exploring the changing relationship between humans and technology

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Travelling across Europe, the series reveals the personal, societal and environmental benefits of digitalization
DÜSSELDORF, Germany, July 5, 2024 /PRNewswire/ — The first episode of the three-part documentary series “Being Digi-Sapiens” was released today by Warner Bros. Discovery. It features the Swedish inventor, roboticist and YouTuber Simone Giertz as she travels across Europe to see how technology is transforming our daily lives. The series was made with support from Huawei and features a broad range of digital innovations, reaching far beyond the brand’s own products.

The first episode, “Connecting with Ourselves” explores digital technology’s impact on our homes, health and hospitals. After kicking things off in a tech-enhanced fiber-connected home in Bonn, claiming to have one of the “fastest internet connections in Germany”, Simone heads to a state-of-the-art sports and health lab to see first-hand how both professional and amateur athletes are benefiting from cutting-edge data collection. Finally, Simone visits Barcelona’s historical Hospital de la Santa Creu I Sant Pau to get a crash course in how the latest technologies are being harnessed to help patients more effectively.
Warner Bros. Discovery Greater China and South East Asia’s Vice President and Head of Content & Products, Vikram Channa, said “The idea of becoming ‘Digi-Sapiens’ represents the next step in our evolution, where digital technology enhances our natural abilities and expands what we can achieve. The documentary aims to inspire viewers to see the potential in embracing technology thoughtfully and creatively. It’s about highlighting how technology can improve our lives, solve real-world problems, and open up new opportunities.”
In the coming two episodes, Simone will crisscross more European countries to discover how technology is helping us connect with our communities and our environment. 
Smart home in Bonn, GermanyHuawei’s Fiber-to-The-Room (FTTR) Demo House in Bonn allows visitors to experience what life feels like in a world where networks respond at light speed at all times, no matter how much data is being transmitted or where in a building we stand. Simone uses the opportunity to set up an array of video calls with herself.  But her experiment is suddenly interrupted by a digital poltergeist…
Wearable health and fitness tech, in Helsinki, FinlandElite athletes rely heavily on technology to precisely measure and optimize their performance. The results are improved strides and endurance for runners, more efficient swimming strokes, and more balanced weight bearing on both legs while skiing. But it’s not only top athletes who can benefit. At Huawei’s state-of-the-art lab in Helsinki, Simone discovers that her biological age, according to wearable data, is younger than her age in calendar years.  She also tries out running at full speed on a treadmill to find out her lungs’ maximum capacity.
Sant Pau Hospital in Barcelona, SpainSant Pau may be old, but it’s certainly not obsolete. The latest technologies implemented by the hospital help improve treatment for patients. As Simone tours Sant Pau’s Dimension Lab to discover VR applications in medicine, a doctor hands her an exact replica of a human heart made on a 3D printer.  Simone had no idea it was so big…
Since 2020, Huawei has been Sant Pau’s leading strategic partner in state-of-the-art storage systems. Huawei supplied Sant Pau with an all-flash storage solution providing medical staff near-instant access to patient data when needed. The solution features the latest backup, recovery, and anti-ransomware technologies ensuring the highest levels of patient data protection.
To watch the documentary, please visit:UK: https://www.youtube.com/watch?v=fY-BMMmEgBQ&t=15shttps://www.discoveryuk.com/being-digi-sapiens-a-discovery-x-huawei-partnership/Spain: https://www.youtube.com/watch?v=_dwP7mPO5eU&t=18s Italy: https://www.youtube.com/watch?v=8eTbOKiVaYY&t=17s Germany: https://www.youtube.com/watch?v=KIm1Hqx_eK4  France: https://www.youtube.com/watch?v=DGiDZuxr9EM&t=9s 
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BIZCLIK MEDIA LAUNCHES JULY EDITIONS OF TECHNOLOGY, MOBILE AND AI MAGAZINES

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The July editions of Technology, Mobile and AI Magazines include interviews with leading experts and executives from Google Cloud, Virgin Media O2, Genpact and more!
LONDON, July 5, 2024 /PRNewswire/ — BizClik, the UK’s fastest-growing publishing company, has published the latest editions of Technology, Mobile and AI Magazines. These publications are highly regarded within the technology and telecommunication sectors for their in-depth reports and interviews with prominent figures in the respective industries.

Technology MagazineThis month’s edition features an exclusive lead interview with Helen Kelisky, Managing Director at Google Cloud UK & Ireland on her perspectives as a female tech leader and the future of cloud and AI.
“Teams become stronger by not only recruiting diverse talent but in challenging the limitations of the team and playing to their unique set of strengths”
The edition also contains extensive interviews with key thought leaders from Genpact, Trane and more, along with the Top 10: Technology Consultants
Mobile MagazineThis month’s edition features an extensive lead interview with Julian Davidge, Director of Technology, Service & Operations at Virgin Media O2 on technological innovation at the telco giant.
“Technology is moving faster and faster as the desire to do something different increases”
The edition also contains extensive interviews with key thought leaders from Schneider Electric, Extreme Networks, AT&T and more. Plus the Top 10 5G Leaders
AI MagazineThis month’s edition features an extensive lead interview with Shibu Nambiar, Global High Tech Business Leader at Genpact, on how AI is transforming operations.
“Ensuring the human element remains central to any kind AI initiative is something I think about every single day”
The edition also contains extensive interviews with key thought leaders from Trane, Roy Hill and more, along with the Top 10: Consulting Companies
You can visit Technology Magazine, Mobile Magazine and AI Magazine for daily news and analysis of the ever-changing technology industry.
About BizClikBizClik is one of the fastest-growing digital media companies in the UK, host to a growing portfolio of industry-leading global brands and communities.
BizClik’s expanding portfolio includes Technology, AI, FinTech, InsurTech, Supply Chain, Procurement, Energy, Mining, Manufacturing, Healthcare, Mobile, Data Centre, Cyber, and Sustainability.
For more information, please visit https://www.bizclikmedia.com/ 

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ESG Book appoints Justin Fitzpatrick as new CEO

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Fitzpatrick will drive the next phase of ESG Book’s growth as a global leader in sustainability data and technology.
An experienced leader of investor-backed software companies, Fitzpatrick was previously Co-founder of FullCircl, a software provider to over 700 clients and 15,000 end users in regulated industries.ESG Book offers a wide range of sustainability-related data and technology solutions that are used by many of the world’s largest financial institutions.With 200,000 disclosures, ESG Book’s platform provides data and analytics on public securities and the ability to directly request ESG disclosures from private companies.Fitzpatrick’s appointment comes as market demand for ESG and climate data solutions continues to grow, driven by increasing regulation and disclosure requirements worldwide.  LONDON, July 5, 2024 /PRNewswire/ — ESG Book, a global leader in sustainability data and technology, today announced the appointment of Justin Fitzpatrick as the company’s new CEO with immediate effect. He will lead the next phase of ESG Book’s growth, and drive the firm’s market differentiation through next-generation sustainability solutions.

 
 
A highly experienced leader of investor-backed software companies, Fitzpatrick was previously the Co-founder and COO of FullCircl, a software provider to more than 700 clients and 15,000 end users in regulated industries. Prior to that, he was the Co-founder and CEO of DueDil, an award-winning regtech solution, and Co-founder and Non-Executive Director of Innovate Finance, an industry association that has been at the forefront of establishing the UK as a global fintech hub.
ESG Book offers a wide range of sustainability related data and technology solutions that are used by many of the world’s largest financial institutions, consultants, and corporates.
Combining market-leading sustainability and climate data with a SaaS-based platform that provides access to approximately 200,000 corporate disclosures and analytics, ESG Book directly connects companies with financial institutions. The firm’s cloud-based technology offers best-in-class ESG performance management, peer benchmarking, and regulatory compliance solutions.
Fitzpatrick’s appointment as ESG Book’s new CEO comes as market demand for high-quality ESG and climate data products continues to grow, driven by fast-increasing sustainability regulation and disclosure requirements worldwide.  
Nazo Moosa, Advisory Board Member at ESG Book, said: “I am delighted to welcome Justin as ESG Book’s new Chief Executive. He is the ideal candidate to lead the company into a new, successful chapter at a time of a disruptive innovation cycle in sustainable finance. With his deep expertise in scaling and accelerating growth in investor-backed software companies, Justin has the track record to drive ESG Book’s global expansion and deliver its future success as a leader in sustainability data and technology.”
Justin Fitzpatrick, CEO of ESG Book, said: “I am excited to join ESG Book and lead the company into a new phase of growth. This is a business extremely well positioned to meet the fast-growing need for sustainability solutions across capital markets.”
“I look forward to working with the ESG Book team as we continue to expand our partnerships with financial institutions, reduce the friction for corporates in meeting ESG disclosure requirements, and deliver market-leading analytics and tools to help our clients achieve their sustainability goals.”
About ESG Book
ESG Book is a global leader in sustainability data and technology. Combining market-leading sustainability and climate data with an ESG disclosure platform that provides access to almost 200,000 corporate disclosures and analytics, ESG Book directly connects companies with financial institutions. The firm’s cloud-based sustainability dashboard is used by the world’s largest companies and consultants for ESG performance management, peer benchmarking, and regulatory compliance.
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