Top 5 PLM Software Predictions for 2023 🧭

As we enter the new year, it’s time to start thinking about the future of Product Lifecycle Management software.

Here are my top 5 predictions for what we can expect to see in 2023, and how these updates will shape the way we work and collaborate on projects.

1. Increased adoption of cloud-based PLM ⛅

Cloud-based PLM solutions will continue to grow in popularity due to their cost-effectiveness and accessibility. More companies will make the switch to cloud-based PLM, particularly smaller companies that may not have the resources to invest in on-premises systems.

Check out how you can benefit from adopting a cloud-based PLM systems for increased security ->

2. Increased focus on sustainability 🍃

Companies will increasingly look to PLM solutions to help them design and manufacture more sustainable products. This will involve incorporating sustainability metrics into the PLM process and using PLM to optimize the lifecycle of products.

Learn more how PLM addresses your environmental compliance and sustainability needs ->

3. Greater integration with other enterprise systems 🌐

PLM systems will become more integrated with other enterprise systems such as enterprise resource planning (ERP) and customer relationship management (CRM). This will enable companies to have a more holistic view of their operations and make more informed decisions.

View diagrams breaking down how PLM systems integrate with other enterprise systems ->

4. Increased use of artificial intelligence and machine learning 🤖

PLM systems will increasingly incorporate artificial intelligence (AI) and machine learning to automate tasks and improve decision-making. This will enable companies to become more efficient and make more informed decisions.

Read about PLM systems utilizing artificial intelligence (AI) in action ->

5. Greater collaboration and transparency 💡

PLM systems will enable greater collaboration and transparency across the product development process. This will involve the use of collaboration tools and real-time data sharing to improve communication and decision-making.

Explore more areas that collaboration is streamlined in PLM systems for improved decision-making ->

To sum it up, these are my top 5 predictions that are set to revolutionize the way we use PLM software in the next year. Don’t miss out on these exciting developments and how they will transform the way we work and collaborate on projects.

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This article first appeared on the Siemens Digital Industries Software blog at https://blogs.sw.siemens.com/teamcenter/plm-2023/