Fort Collins, CO – August 16, 2007 – Integware, Inc. is the latest sponsor of the Aberdeen report “Profiting from PLM: Successful Strategies for Implementing PLM”. The report came out in the beginning of August and will be available for download through September. One of the report’s most significant findings related to ROI for manufacturers who employ a “PLM Program” approach to PLM management. Those Best-in-Class manufacturers realized a 67% ROI on initial PLM program implementations and an 85% ROI on subsequent PLM extensions – more than twice the ROI seen by other companies. “Companies who more effectively implemented PLM saw greater ROI than others, but what is extremely impressive is that subsequent implementations increased ROI substantially, further extending the value of the initial PLM investment” stated Jim Brown, VP of Product Innovation and Engineering Research at Aberdeen Group.
Findings serve as a testament to Integware’s PLM strategy methodology, and their PLM Maturity Model®. Chris Kay, CEO of Integware, stated that, “The results of this report and our PLM Maturity Model® are completely aligned. It proves once again that our methodology and a program approach to PLM will not only increase ROI but also prepare your company for business change in an organized fashion.”
Integware’s sponsorship was based on wanting a more clear understanding of where companies are in terms of Product Lifecycle Management implementations. “We now have a really good understanding of where companies place PLM in their daily business practices and this report confirms that Best-in-class companies are taking the innovative approach to PLM and are becoming more competitive, reducing business risks, increasing revenue, decreasing costs and providing tangible business advantage,” said Dave Hadfield, Senior Solution Consultant.
The report offers the following recommendations for companies seeking the highest return on their PLM implementations:
• Develop a firm vision for PLM that is tied to the business strategy
• Approach the PLM implementation as a business transformation as opposed to a technology installation.
To download your free copy of the report, please visit Integware’s website:http://www.integware.com
About Integware, Inc
Integware is a recognized leader in delivering PLM-based strategies and solutions for the life sciences and consumer packaged goods markets. Our rich history and trusted client relationships within major regulated industries has empowered us to pair an unmatched understanding or our clients’ business issues with an outstanding level of competence in addressing them efficiently and effectively. Quality and innovation are the keys to remaining competitive, compliant and avoiding costly adverse events such as recalls. By merging product processes and domain knowledge together into integrated PLM platforms, Integware provides the prescription for digital compliance. For more information on Integware, please visit: www.integware.com.
About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to AberdeenTM for insights that drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the “customer optimization” process of Harte-Hanks (Information – Opportunity – Insight – Engagement – Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
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