Rethink Innovation with Next-Generation PLM

In a world where all products get smart, connected and personalized, speed, complexity, and sustainability pressures are accelerating. Yet many organizations still rely on legacy Product Lifecycle Management (PLM) systems built around siloed data and rigid processes, with tools that struggle to meet the needs of today’s global, cross-functional innovation ecosystems. As system complexity grows and lifecycles shrink, a new kind of platform is emerging: one designed for collaboration, agility, and intelligent decision-making across the entire product innovation journey.

Modern PLM is more than a digial vault for engineering or supplier management files. It's a cloud-native innovation platform that connects disciplines, integrates systems thinking  and supports rapid iteration from initial concept through sourcing, compliance, manufacturing and end-of-life. Leading organization and ecosystems are embracing this shift to drive:

• Accelerated prodcuct development with real-time collaboration
• Sustainability by design, from materials to recycling
• Global compliance confidence through built-in frameworks
• AI-ready data models and systems engineering
• Digital continuity across XBOMs, processes, and decisions

Next-Generation PLM drives cross-functional collaborative innovation by eliminating digital siloes, connecting ecosystems, reusing knowledge and automating processes while delivering key benefits at every stage of the product lifecycle:

Do you want to explore how high-tech companies are leading this transformation? Discover the key strategies and real-world insights that outline what a transition to Next-Gen PLM looks like and how you can start shaping your roadmap. Whether you are exploring ideas or planing next steps, there is value in seeing how other innovation leaders are navigating this shift.

• How does Next-Gen PLM apply to the high-tech industry?
  Next-Gen PLM enables manufacturing companies manufacturing’ high-tech products and systems to manage complexity across electronics, software, and mechanical domains while supporting agility, traceability, and sustainability at scale.
• What makes Next-Gen PLM different from traditional systems?
  Next-generation PLM connects the entire innovation chain, not just engineering. It is cloud-native, supports model-based systems engineering  (MBSE) , ensures X-BOM continuity and embeds circular design, enabling faster, more traceable decisions for high-tech programs.
• Is Next-Gen PLM only for engineering teams?
  Not at all. It’s designed for cross-functional collaboration, involving sourcing, quality, compliance, marketing, manufacturing, service, and more, aligning every stakeholder around shared goals.
• How does PLM support sustainability and ESG goals?
  Modern PLM integrates lifecycle analysis (LCA), material traceability, and circular design from the start, helping organizations meet ESG mandates and reduce carbon emissions.
• Is cloud-native PLM secure and scalable for global teams?
  Yes. These platforms are built for secure collaboration across internal and external ecosystems, with access controls, compliance features, and continuous scalability from individuals to large global organizations and ecosystems.