Product Lifecycle Management in Complex Industries

In the complex industry sector, there are project-driven companies that design, build, install, and maintain extremely complex, engineered-to-order products and systems that may have a life cycle of decades.  Often one-of-a-kind, the products include heavy machinery and equipment, aerospace and defense systems, transportation equipment, and construction.  Engineering and management services, as well as maintenance, repair, and overhaul activities, also fall within the scope of complex industries.  To cope with the challenges of this competitive environment, these companies are rapidly adopting several strategies: creating new business alliances; developing focused engineering centers and plants; moving facilities to other countries; and strengthening project management capabilities.  All of these strategies demand attention to a company's information systems that must enable and support these strategies ...

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