Date - 20 April 2010 No of Pages - 13

Product Data Management (PDM) software is used to manage the evolution of a product, and provide associated tools and applications, with accurate product information. It helps store and manage the product design and manufacturing information. A PDM software is used to create a single repository for all the information about a company's products and services. It also ensures timely compilation of information and engineering data, as it is developed. A PDM system is like an information infrastructure. It provides users with support in performing their tasks by means of different functional models that it incorporates and other integrated software systems.

The Japanese market for PDM software is witnessing a rapid growth as the manufacturing firms are investing in this software to manage their product development and production process data. A PDM software helps these manufacturing firms easily collaborate the product data across regional offices situated in different geographic locations, within multiple time zones. Further, PDM software allows them to reuse the standard data of the product, eliminating the need for recreating data that was created in the initial stage of the product life cycle. Thus, PDM provides a cost-effective solution for managing and maintaining the data.

Earlier, PDM solutions were primarily used in heavy industries, like automotive and aerospace. However, with developments in the PDM software, segments such as Discrete Manufacturing, Industrial Machinery and equipment, Medical equipment and Consumer products are increasingly adopting the PDM solutions. Further, organizations have started making investments in such innovative software solutions (such as PDM) due to benefits (such as cost efficiency). Moreover, the PDM software solutions help local players cater a global market, by providing product data at multiple distant geographical locations simultaneously.

This report by TechNavio Insights highlights scope of the Japanese PDM market. Further, it discusses trends, drivers, growth inhibitors and a few major vendors in the market.

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