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.”
Gartner Predicts 2011: Manufacturers Revamp and Enhance Product Life Cycle Management Strategies is available at gartner.com (login required).
Aras (aras.com) is the leading provider of enterprise open source Product Lifecycle Management (PLM) software solutions. Freedom from licensing eliminates up-front expenses and per user costs while superior technology makes Aras the most advanced enterprise PLM solution suite available. Customers include Motorola, Rolls-Royce, Freudenberg, Lockheed Martin, Ingersoll Rand, Klöckner Desma, Hi-P and ACCO Brands. Aras is privately held with global headquarters in Andover, Mass.
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