PDM Market in India 2009-2013

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					PDM Market in India

     2009-2013
                                                                                           PDM Market in India




                                            Table of Contents
1. Introduction...........................................................................................................3
2. Market Size and Forecast.........................................................................................4
3. Market Trends for Indian PDM Market........................................................................5
4. Market Drivers for Indian PDM Market.......................................................................6
5. Market Challenges for Indian PDM Market..................................................................7
6. Vendors................................................................................................................8
7. Related Reports in this Series.................................................................................11



                                              List of Exhibits
Exhibit 2.1: Indian PDM Market Size and Forecast 2009-2013 (in $million)........................4




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                                                                        PDM Market in India




1. Introduction


PDM (Product Data Management) is the process of managing the evolution of a product and
providing associated tools and applications with the accurate product information at the
right time in the right format during the entire PLC (Product Life Cycle).




The main objective of PDM is to create a single repository for all the information about a
company's products and services, and ensure timely compilation of information and
engineering data as it develops. A PDM system is like an information infrastructure. It
provides users with support in performing their tasks by means of different functional
models that it incorporates and other integrated software systems.

Manufacturing firms, in India, are increasingly implementing PDM software for managing
their product development and production processes. PDM software help them to
collaborate the product data across their multiple offices, within multiple time zones and
even multiple continents easily and conveniently. Further, PDM software allow them to
reuse the standard data of the product. They need not to spend in recreation of data that
was created in the initial stage of the product lifecycle. Thus, PDM provides a cost-effective
solution for managing and maintaining the data. These benefits of PDM software are driving
the sales of PDM in Indian market.

The report forecasts the size of the PDM Market in India over the period 2009-2013.
Further, it discusses the key market trends, drivers and challenges of PDM Market in India,
and profiles some of the key vendors of this market.




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                                                                             PDM Market in India




2. Market Size and Forecast
According to TechNavio, the Indian PDM Market is forecast to reach $97.9 million in 2013
from $51.0 million in 2009; thus, growing at a CAGR of 17.7 percent over the period
(Exhibit 2.1).


Exhibit 2.1: Indian PDM Market Size and Forecast 2009-2013 (in $million)



                 120



                 100                                                       97.9


                                                              80.3
                 80
                                                  67.4

                 60                  58.1
                         51.0


                 40



                 20



                  0
                        2009         2010        2011         2012         2013




                                                                            Source: TechNavio Analysis




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                                                                     PDM Market in India




3. Market Trends for Indian PDM Market
Following are some of the key trends for the Indian PDM market:

 PDM and ERP Integration – In order to reap the benefit of a closer alignment with
product design, large manufacturing organizations have statered integrating their PDM
products with their ERP systems. This integration allows ERP users to view and use product
information stored in the PDM system, without leaving the ERP environment. It also allows
ERP users in different geographies to access latest product data and designs. Further, as
integration of PDM and ERP facilitates concurrent engineering, manufacturing organizations
are integrating their PDM and ERP systems. Concurrent engineering allows downstream
channels to participate in early product design (to reduce problems that might arise at a
				
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Description: PDM (Product Data Management) is the process of managing the evolution of a product and providing associated tools and applications with the accurate product information at the right time in the right format during the entire PLC (Product Life Cycle). Manufacturing firms, in India, are increasingly implementing PDM software for managing their product development and production processes. A PDM software helps them collaborate the product data across their multiple offices, within multiple time zones and even multiple continents easily and conveniently. Further, PDM software allow them to reuse the standard data of the product. They need not to spend in recreation of data that was created in the initial stage of the product lifecycle. Thus, PDM provides a cost-effective solution for managing and maintaining the data. These benefits of PDM software are driving the sales of PDM in the Indian market. Today, manufacturing companies are realizing that while the adoption of enterprise applications like ERP, SCM and CRM helps streamline and improve business practices, these solutions do not help in improving their core functions within the product development process. Thus, companies are adopting PDM solutions that play a critical role in the product development process; helping domestic organizations set up manufacturing units across the country, and collaborate with diverse teams to share common information. Further, PDM solutions are helping in reducing cost and the product’s time-to-market. This is driving the growth of PDM solutions in the Indian Manufacturing sector. Previously, PDM solutions were primarily used in heavy industries like automotive and aerospace. Today, organizations in other industries such as discrete manufacturing, industrial machinery and equipment, medical equipment and consumer products are increasingly adopting PDM solutions. Further, since the companies in these industries are run by the first and second generation entrepreneurs, who are
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Infiniti Research provides actionable market intelligence, strategic intelligence, competitive intelligence and customer intelligence to leading companies worldwide. We have extensive access to market information and established contacts with decision makers in the corporate world that we bring to all our projects. Our clients range from rapidly growing start-up's to blue-chip Fortune 500 companies. Our research services cover 50+ countries and we deliver 200+ market research projects every year. TechNavio is the market intelligence platform of Infiniti Research and is built on a foundation of fact-based information and insights drawn from the leaders, doers and influencers of the corporate world.