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Plant lifecycle management (PLM) is the process of managing an industrial facility's data and information throughout its lifetime.Plant lifecycle management differs from product lifecycle management by its primary focus on the integration of logical, physical and technical plant data in a combined plant model.
The core of PLM (product lifecycle management) is the creation and central management of all product data and the technology used to access this information and knowledge. PLM as a discipline emerged from tools such as CAD , CAM and PDM , but can be viewed as the integration of these tools with methods, people and the processes through all ...
Product life-cycle management (PLM) is the succession of strategies by business management as a product goes through its life-cycle. The conditions in which a product is sold (advertising, saturation) changes over time and must be managed as it moves through its succession of stages.
The V-model is a graphical representation of a systems development lifecycle.It is used to produce rigorous development lifecycle models and project management models. The V-model falls into three broad categories, the German V-Modell, a general testing model, and the US government standard.
Siemens Digital Industries Software (formerly UGS and then Siemens PLM Software) is an American computer software company specializing in 3D & 2D Product Lifecycle Management (PLM) software. The company is a business unit of Siemens, operates under the legal name of Siemens Industry Software Inc, and is headquartered in Plano, Texas.
Product data management (PDM) is the name of a business function within product lifecycle management (PLM) that denotes the management and publication of product data. [1] In software engineering, this is known as version control. The goals of product data management include ensuring all stakeholders share a common understanding, that confusion ...
Lifecycle management or life-cycle management may refer to: . Application lifecycle management in software; Building lifecycle management, the design and construction of buildings
The latter is concerned with the life of a product in the marketplace with respect to timing of introduction, marketing measures, and business costs. The technology underlying the product (for example, that of a uniquely flavoured tea) may be quite marginal but the process of creating and managing its life as a branded product will be very ...