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This presentation is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making a purchasing decision.
Standard Definition:
Product Lifecycle Management or PLM is a term used for the process of managing the entire lifecycle of a product from the concept and design phase, product analysis (Finite Element Analysis) through production planning, visualization and marketing, to the point where the product is trashed by the user (waste management/recycling).
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This presentation is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making a purchasing decision.
Product Lifecycle Management is the process of managing a product -- from initial concept to obsolescence or retirement. When this process is effective, a company can drive profitable innovation accelerate new product introductions, get them to market quickly, and continuously improve quality while reducing costs. Oracle Product Lifecycle Management provides an integrated, complete solution that effectively manages both product and project information, and enables you to make the right product investment decisions and maximize the value capture from all products and services throughout their lifecycle.