ROI Calculation Tool For Product Lifecycle Management

February 6th, 2023

George Lawrie Vice President, Principal Analyst

Dean Davison Director, Principal Consultant

With contributors:

Pascal Matzke , Linda Ivy-Rosser , Andrew Pelletier , Nick Mayberry , Victoria Manes , Christian Prandi , Ellen Lind

Summary

Technology and innovation leaders who want to make the case for investing in product lifecycle management (PLM) must build an ROI model. First, they must estimate the benefits and determine the costs of PLM transformation. They can then use this information to create a model of the business impact of improving supply chain management. The ROI Calculation Tool For Product Lifecycle Management helps PLM leaders analyze Forrester’s assessment of the ROI of modern PLM solutions — specifically those that help manufacturers unify and control operational processes and accelerate the launch of new products — to calculate the ROI of their PLM efforts over a three-year period.

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