Navigating Disruptions and Improving Resiliency with PLM

<p><span style="font-weight: 400;">Companies in every industry have faced unprecedented disruption for nearly two years now, and it has been made clear that some are handling pandemic-induced challenges much better than others. But what is the key difference between those who struggle and those who succeed? On this episode of the Digital Enterprise Society podcast, Thom Singer and Craig Brown are joined by CIMData President and CEO Peter Bilello for a discussion about the role of PLM in thriving companies, the intersection of AI and PLM, and market trends that successful companies need to take note of and pivot toward today.</span></p> <p> </p> <p><span style="font-weight: 400;">On today’s podcast, you will learn:</span></p> <p><strong>Why are companies booming despite the pandemic?</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Challenges and opportunities meet at the same point.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Different industries have been impacted by the pandemic in a variety of ways based on what they deliver to the market, but all industries have experienced disruption of some sort.</span></li> </ul> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Whether positive or negative, dealing with disruption is the name of the game right now.</span></li> </ul> <p> </p> <p><strong>PLM as an enabler of success</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Margins tend to be better in companies that employ product lifecycle management.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">However, there are plenty of successful companies that do not use PLM as a strategy.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">A strong PLM foundation tends to help companies deal with disruptions more efficiently.</span></li> </ul> <p> </p> <p><strong>The downsi