Summary:
- This article discusses the evolution of Product Lifecycle Management (PLM) from traditional "vaults" to a focus on "values" in the digital age.
- It explains how PLM is shifting from a system of record to a system of engagement, with a greater emphasis on collaboration, data-driven decision making, and delivering value to customers.
- The article highlights how modern PLM is enabling companies to be more agile, responsive, and innovative in their product development and management processes.