Market Growth of Product Life-Cycle Management (PLM) IT to Remain Sluggish Through 2024

New York, NY -- (SBWIRE) -- 09/14/2017 -- Product life-cycle management (PLM) is an information system that can integrate data, processes, business systems, and eventually people in an extended enterprise. PLM software allows a company to manage information throughout entire lifecycle of product efficiently and cost-effectively. It includes processes from ideation, design and manufacture and disposal of the product.