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Why Leverage AI for Product Development? Insights from IDC

Why should product-centric companies leverage AI?

Discover how AI can reduce costs, enhance product quality, and foster innovation by tightly integrating PLM and ERP processes. Find out which PLM capabilities are most critical and how AI drives continuous improvement to help you stay competitive and drive sustainable growth.

Key Highlights:

  • Up to 65% of product manufacturers outsource more than 20% of their manufacturing, making integration essential for AI deployment.
  • Critical PLM capabilities include data management, collaboration tools, requirements management, and life-cycle analytics.
  • AI in engineering and R&D accelerates innovation, reduces resources and risks, and drives data-informed decisions.

By embracing AI, product-centric companies can achieve faster development cycles, reduced costs, improved product quality, and a competitive edge. Don’t miss out on these insights—download the report to explore how AI can revolutionize your product development processes.

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