PLM Statistics 2023
– Everything You Need to Know

Last Updated on by | Reviewed by Editorial Staff

Plm Statistics 2023: Facts about Plm outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Plm, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Plm Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

Please read the page carefully and don’t miss any words.

On this page, you’ll learn about the following:

Top Plm Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 10 Plm Statistics on this page 🙂

Plm “Latest” Statistics

  • Even though aerospace, automotive, high-tech, and industrial equipment still make up about 80% of the market, other industries, like retail and consumer goods, can benefit from using a lifecycle approach to product management.[1]
  • According to Quadrant, the PLM industry accounts for 3.1% of the market and is anticipated to expand by approximately 7% annually.[1]
  • The following statistic was revealed by research that was carried out by the Tufts Center for Drug Development and was last updated in 2016. It costs an average of $2,6 billion to bring a new drug to market.[1]
  • The following statistic was revealed by research conducted by the Tufts Center for Drug Development and last updated in 2016: only 12% of new drugs make it through clinical trials.[1]
  • A survey by Jos Voskuil found that 35% of respondents did not have PLM as their primary job objective, while 65% of respondents were PLM consultants.[2]
  • The majority of PLM consultants (30%) either work for a service company that implements multiple PLM solutions or for a software vendor (43%).[2]
  • There are still a lot of PLM consultants with a focus on business strategy (20%) and change management (8%) as their specialties.[2]
  • 86 percent of respondents said that PLM is a journey, while 3 percent said that it should be considered a program.[2]
  • More than 60% of respondents have worked in PLM consulting for more than 8 years.[2]
  • Only 14% of respondents have less than three years of PLM experience.[2]

Also Read

Reference

  1. openlm – https://openlm.com/blog/benefiting-from-plm-in-the-pharmaceutical-industry/
  2. virtualdutchman – https://virtualdutchman.com/2013/07/06/plm-statisticsthe-result/

About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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