New Report by Leading Technology Analyst Firm Predicts Strong Increase in Alternative Licensing Models for Global PLM Market.
ANDOVER, Mass. and Solothurn, Switzerland - Aras®, the leading enterprise open source Product Lifecycle Management (PLM) software solution provider, today announced the availability of a new report from Gartner, a leading technology analyst firm, outlining 2011 predictions for the manufacturing industry. The report, Gartner Predicts 2011: Manufacturers Revamp and Enhance Product Life Cycle Management strategies, predicts strong increase in alternative licensing models for global PLM market over the next five years.
Key findings include:
* “A growing number of Gartner clients are frustrated by the high cost of purchasing, deploying and upgrading PLM software.”
* “PLM software companies with "open source" and "SaaS" business models are becoming more visible and are gaining more traction. For example, Aras has gained greater visibility and acceptance since 2008.”
* “By YE16, more than 33% of the PLM software market will adopt licensing and support other than paid-up licensing. “
* “Open-source PLM and PLM software as a service will grow as manufacturers increasingly seek alternatives to the high cost of today's paid-up license models.”