Thursday 7 May 2015, Amsterdam
The report recognizes the following companies as the key players in the cPDM Market in India 2015-2019: Dassault Systèmes, SAPTC (Parametric Technology) Inc., SAP SE and Siemens PLM Software.
Other Prominent Vendors in the market are: Accenture, Capgemini, Deloitte, HP, IBM, Oracle, Synopsys and TCS.
The report said: “Vendors are focusing on reducing the adoption cost of PLM, thereby leading to increased adoption of cloud-based PLM software. Various PLM service providers are implementing PLM on the cloud for end-users. These services help electronics and semiconductor manufacturing companies to deploy Teamcenter on the cloud through IaaS. It also helps end-users to reduce upfront costs for implementation and the TCO.”
According to the report, growing demand for LCC because of an increase in air travel within and to/from the region by the expanding middle class is propelling the growth of the market. In addition, LCC offer business-class seats and services combined with more economical travel options, which is further driving market growth.
Further, the report states that one of the major challenges faced by the market is the growing concerns over data security among end-users adopting cPDM solutions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.