PLM stands for Product Lifecycle Management and is software for product development, process development and data management. With this software you are able to optimize the entire life cycle.
PLM is an integrated and infomration-based strategy for an accelerated process of effective innovation and successful introduction of new products. The core of the concept is uniform access to one central collection point for product knowledge, product data and product processes.
PLM is an efficient tool for optimal product and process management during the entire life cycle of a product. From innovation to development in the design phase, through product and production support in the active phase to product termination in the disposal phase.