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Technavio Publishes cPDM Market in Mexico, Industry Analysis and Forecast 2015-2019Increased cross-plant manufacturing activities are expected to fuel the growth of the collaborative product definition management (cPDM) market in Mexico, which will post a CAGR of close to 15% from 2015-2019, says market research firm Technavio. About the Report It is difficult for a single vendor to manufacture products with different specifications in a single location and supply them to different locations simultaneously, and data security is a key issue for products travelling through two or more plants. "cPDM software ensures efficient data communication between units and helps facilitate collaboration for quality, design changes, specifications and manufacturing," says Faisal Ghaus, Vice President of Technavio. "cPDM, as a part of product lifecycle management plays a critical role in all cross-plant manufacturing activities." New market analysis from Technavio also emphasizes the growing adoption of social product lifecycle management (PLM) that uses web tools like wiki, cloud computing, SaaS (News - Alert) and social networking. "The collaboration of social PLM with Web 2.0 concepts can be very effective, as ithelps in faster product development by harnessing accurate information from engineering experts within and outside a company," says Ghaus. Market Scope and Calculation of Market Size This report covers the present scenario and the growth prospects of the cPDM market in Mexico from 2015-2019. To calculate the market size and the vendor share, the report considers both the direct and indirect revenue of vendors. Key Information Covered in the Report:
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