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The goals of product life cycle management (PLM) are to reduce time to market, improve product quality, reduce prototyping costs, identify potential sales opportunities and revenue contributions, maintain and sustain operational serviceability, and reduce environmental impacts at end-of-life.
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 managers are responsible for ensuring that a product meets the needs of its target market and contributes to the business strategy, while managing a product or products at all stages of the product lifecycle. Software product management adapts the fundamentals of product management for digital products.
Open Services for Lifecycle Collaboration (OSLC) is an open community, originally proposed in 2008, [1] to define a set of specifications that enable integration of software development. It has evolved, and continues to evolve, to areas such as Application Lifecycle Management (ALM), Product Lifecycle Management (PLM), IT Operations and more.
Lifecycle management or life-cycle management may refer to: Application lifecycle management in software; Building lifecycle management, the design and construction of buildings; Engineering lifecycle management, a product and software development platform by IBM; Information lifecycle management, in computer data storage
Application lifecycle management (ALM) is the product lifecycle management (governance, development, and maintenance) of computer programs. It encompasses requirements management, software architecture, computer programming, software testing, software maintenance, change management, continuous integration, project management, and release ...
The Product Life Cycle Theory is an economic theory that was developed by Raymond Vernon in response to the failure of the Heckscher–Ohlin model to explain the observed pattern of international trade. The theory suggests that early in a product's life-cycle all the parts and labor associated with that product come from the area where it was ...
Plant lifecycle management; Plant Simulation; Predictive engineering analytics; Product and manufacturing information; Product data management; Product data record; Product structure modeling; ProductCenter; Professional Systems Associates; Project manager; Protecode