6. Diverse functions and technologies converge through PLM, includes Product data management (PDM) Computer-aided design (CAD) Computer-aided manufacturing (CAM) 3D computer-aided engineering (CAE) and simulation Predictive engineering analytics Mechatronic system simulation (1D CAE) Finite element analysis (FEA) Modal testing and analysis Digital manufacturing Manufacturing operations management (MOM

7. Benefits of PLM SoftwarePLM software supports the product development process, to integrate people, processes, and systems. It provides a product information "warehouse" for organizations. Primary benefits of PLM software include: Faster time-to-market Increased productivity Design efficiency Lower cost of new product introduction Insight into critical business processes Better reporting and analytics Improved product quality and reliability More accurate and timely request for quote generation Ability to quickly identify potential sales opportunities and revenue contributions Savings through the re-use of original data A framework for product optimization