CIMdata releases 2009 PLM Market Analysis Report: Slower recovery
CIMdata revised its estimates of PLM growth based on the poor results of the first half of 2009. The first half-year results have been disappointing, and indicate a potentially longer delay in the restart of the economy and in investments getting back to their previous good levels, the research firm said.
Consulting and research firm CIMdata announced availability of its annual Product Lifecycle Management (PLM) Market Analysis Report on Sept. 8. CIMdata revised its estimates of PLM growth based on the poor results of the first half of 2009. The first half-year results have been disappointing, the research firm said, indicating a potentially longer delay in the restart of the economy and in investments getting back to their previous good levels.
The report provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM solution suppliers, PLM purchases investments in software and services for geographical regions and industry sectors, and historical and projected data about market growth.
CIMdata says the report analyzes and describes six major PLM sub-segments:
- collaborative Product Definition management (cPDm);
- Mechanical Computer Aided Design (MCAD);
- Simulation and Analysis (S&A);
- Non-Bundled Numerical Control (Non-bundled NC);
- Digital Manufacturing (DM); and
- Systems Integrators, Resellers, VARS.
Ken Amann, CIMdata director of research said, "This analysis provides our perspective on PLM across a variety of industry and geographic sectors. We reviewed investments in PLM-related software and services during 2008, and forecasted PLM investments for 2009 through 2013." These forecasts are based on data available through the first and second quarters of 2009. "It is important to note that the data and revenue information presented in this report are CIMdata's estimates of the PLM revenue performance of the various suppliers," Amann added. Revised forecasts address the impact of the current economic downturn and indicate CIMdata's estimates as to how the PLM market will recover.
About PLM: CIMdata defines PLM as a strategic business approach that applies a consistent set of business solutions in support of the collaborative creation, management, dissemination, and use of product definition information across the extended enterprise from concept to end of life-integrating people, processes, business systems, and information. PLM forms the product information backbone for a company and its extended enterprise.
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