Global Cloud Product Lifecycle Management Market To Grow By $16.65 Billion During 2021-2025

 

Global Cloud Product Lifecycle Management Market

(PC: prnewswire.com)

As per Technavio’s latest market research report, the global cloud product lifecycle management market will grow at a CAGR of 15.96%. It is estimated to increase by $16.65 billion during 2021-2025 in the Systems Software industry. The report further states that the market is fragmented, and the degree of fragmentation is expected to accelerate during this forecast period. The main players are Accenture PLC, Apparel Magic, Aras Corp., Autodesk Inc., Dassault Systemes SE, Infor Inc., Oracle Corp., PTC Inc., SAP SE, and Siemens AG.

This growth will be a result of the reduction in IT expenditure, increased demand for large-scale product management, and rising requirements for remotely accessible product lifecycle management solutions. Given these opportunities, market vendors should work on strengthening their foothold in the fastest-growing segments while keeping their positions in the slow-growing segments.

 To know more details, click this link.

Comments

Post a Comment

Popular posts from this blog

PTC announces the latest release of the Punditas AI platform with Creo 8.0

Image
(PC: prweb.com) Punditas LLC is a PTC partner and a recognized leader in AI.  The latest release of Punditas is embedded with Creo Parametric 8.0. Over 200,00+ PTC Creo users have taken advantage of Punditas AI in the last 10 months to get real-time guidance within the Creo environment. The AI platform is powered by Punditas Product Genome, which discovers, curates, and delivers Creo knowledge in a personalized manner for each Creo user. “Over the past year, we have more than doubled the number of users to over a quarter million active users. Punditas AI platform enables users to discover, share and collaborate on Enterprise Applications knowledge. Since it is highly sought after by our users, we are looking forward to exponential growth in 2021", says Madhavi Ramesh CEO and founder of Punditas. It is the world’s only AI platform that has helped app users and partners to accelerate the adoption, expansion, and usage of Enterprise applications like PTC Creo, Vuforia, ThingWorx,
Read more

Teamcenter Simulation: See The Latest Release of Teamcenter 13.2 And Active Workspace 5.2

Image
  (PC: plm.automation.siemens.com) Siemens recently announced its latest release of Teamcenter 13.2 and Active Workspace 5.2. Teamcenter Simulation is providing a simulation process and data management (SPDM) that is built on the foundation of Teamcenter and oversees processes and data authored by any simulation application. It has given some very exciting new capabilities in this version of Teamcenter - Integration of Simcenter Flomaster with Teamcenter Simulation. - Simcenter FLOEFD for NX Integration with Teamcenter Simulation. - Simulation verification management. - Folder management. - Solver Deck Management and Automated Solver Deck Structure Generation. To know more details, click this link .
Read more

Hexagon Launches Platform to Speed Up Autonomous Quality Assurance For Industry 4.0

Image
  (PC: roboticsandinnovation.co.uk) Hexagon’s Manufacturing Intelligence division has launched the HxGN Robotic Automation, robotic programming, and control software that allows non-specialist quality professionals to program industrial robots that can conduct a completely automated quality inspection. This platform allows manufacturers to provide greenfield factories or retrofit existing production lines with the best-in-class autonomous optical inspection cells. The platform will help manufacturers accelerate the adoption of Industry 4.0 by intelligently creating optimal inspection routines in one step, a task that normally takes a significant amount of time and attention from both metrology and robotics professionals. The Hexagon's Manufacturing Intelligence is known to supply manufacturing technologies to giants from Volkswagon to Boeing. To know more details, click this link .
Read more