Investing in a Product Lifecycle Management (PLM) solution has many benefits: from keeping your stakeholders organized and in sync to helping you design and create higher-quality products faster and more efficiently. Deciding which PLM solution is right for your organization requires a lot of time and deliberation. Some things you need to consider before choosing a PLM solution include:
What demands will be put on your PLM system and will they vary?
Do you have the budget to handle uncertain future costs to operate the system?
Does your IT department have the time for a lengthy implementation process or the bandwidth to take on a PLM system?
Is the cost aligned with the value you’ll reap from the system?
In recent years, companies have been turning to options that give them the ability to deploy a PLM solution in the most convenient and cost-efficient way possible. Some of these options include cloud deployment, subscription pricing, and PLM as Software-as-a-Service (SaaS). Last week, PTC hosted a webinar on how its PLM solution, Windchill 11, has the flexibility to be deployed in the cloud, as subscription, and as SaaS.
By securely deploying your PLM solution via the cloud rather than hosting on-premise, not only will you reduce the costs of hosting the server, but you will decrease the burden on your IT department, be able to deploy the system much faster, and increase productivity.
More and more, customers are preferring to move their PLM service from a perpetual model, where they maintain the system themselves, to a subscription model. In fact, according to a recent survey of PTC customers and prospects, 70-90% prefer subscription. Subscription pricing allows customers to scale and remix functionality based on their business needs. Customers who invest in subscription also have lower up-front costs and are able to better predict their budget based on their projected needs.
Software as a Service (SaaS)
Windchill 11 can also be deployed as Software as a Service (SaaS). SaaS means that the system is rapidly deployed and skillfully managed by the PLM experts at PTC. Our experts handle all upgrades to the latest and best features as well as all software migrations. By adopting SaaS PLM, you will receive assured value of your PLM system and predictable costs with a flexible cost model that is based on your usage.
One PTC offering that encompasses all three of these options is PTC PLM Cloud, which gives customers the opportunity to sign on to a subscription model to further control costs and reduce risk. PTC PLM Cloud offers a true SaaS delivery – with everything included in a “pay-as-you-go for what you use” model.
Click here to learn more about PTC PLM Cloud. Be sure to also watch the replay of the Flexible Deployment Options for PLM webcast to learn more about how cloud deployment, subscription pricing, and SaaS can help you rapidly and easily deploy a secure and available PLM system with no capital investment in hardware or software.