Published By: CXOToday | Published On: March 6, 2025
In his latest article for CXO Today, Yadvinder Changotra, Vice President of Retail & CG Solutions at ITC Infotech, highlights the critical role of optimizing Product Lifecycle Management (PLM) systems in a fast-paced and ever-changing market. As businesses strive to enhance their operational efficiency and drive innovation, updating their PLM systems is essential to stay competitive in the digital era.
The article examines how Digital Enterprise Management Services (DEMS) help organizations alleviate the financial burden of traditional capital expenditures by transforming them into more flexible operational expenses. Yadvinder also explores how leveraging advanced technologies like AI-powered product data management and 3D design can streamline workflows, improve predictive costing, and foster greater agility. Additionally, the article underscores the importance of adopting data-driven digital strategies, ensuring seamless application integration, and overcoming challenges such as vendor management and system compatibility. By focusing on user-centric solutions, businesses can increase system adoption, boost productivity, and drive efficiency.