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Why is PLM Tools important for companies?

Ariel Lindenfeld - PeerSpot reviewer
VP Product at PeerSpot
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Find out what your peers are saying about PTC, Siemens, Oracle and others in PLM Tools. Updated: January 2026.
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PLM Tools
Product Lifecycle Management (PLM) tools streamline product development from concept to production, enhancing collaboration, and ensuring regulatory compliance. PLM Tools are designed to manage the complete lifecycle of a product efficiently. They facilitate collaboration among teams and provide a centralized repository for product information. These tools help in reducing time-to-market and improving product quality by integrating various processes and data sources into a single...
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PLM Tools experts

Naresh Kumar - PeerSpot reviewer
Founder & Director at Hiindsight Group
Kapil Raikar - PeerSpot reviewer
Senior Manager – Development, PD, Data Virtulization at a computer software company with 501-1,000 employees
CW
Process Method and Tool Developer at ZF Group NAO
reviewer2689116 - PeerSpot reviewer
IT Product PLM Owner at a manufacturing company with 5,001-10,000 employees