 PLM Version 5 Release 18 overview Product Lifecycle Management (PLM) is a strategic business approach that applies collaborative business solutions to the creation, management, distribution, and use of product definition across the extended enterprise. PLM enables an enterprise to effectively and efficiently innovate and manage its products and related services throughout the entire business life cycle, from conception through recycling or disposal. To achieve this, PLM helps companies realize many of the benefits of innovation: - Innovation permits a company to drive profitable growth in new ways, from new sources and customers.
- It opens doors in emerging markets.
- It lets large companies move more quickly and lets smaller companies compete on a global scale.
- It lets an organization differentiate itself and move up the value chain.
The brands are:  | CATIA
Virtual product definition to achieve product excellence
| | ENOVIA MatrixOne
Interoperable solutions unite and streamline processes across the product lifecycle
| | ENOVIA SmarTeam
Robust, out-of-the-box collaborative product data management
| | ENOVIA VPLM
3D collaborative virtual product lifecycle management of highly complex products in medium and large enterprises
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Turning innovative ideas into market-leading products requires flexible business processes supported by integrated PLM solutions, all built on a strong technology foundation. PLM solutions advance the pursuit of innovation by integrating business environments with cutting-edge tools and synchronized processes. Both internally and throughout your value chain, PLM solutions serve to enable innovation by bringing people and processes together and providing them with the resources they need to create — the keys to innovation.
PLM is supported by a portfolio of interrelated software products developed by Dassault Systèmes. These products share information with one another and with the outside world, offering groundbreaking capabilities for designing, manufacturing, maintaining, and servicing products. Manufacturing companies can gain many business benefits from Dassault Systèmes applications, including: - Richer design creativity
- Faster time to market
- Improved product quality
- Higher return on investment
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