How can I know if Cloud PLM is right for my business?

Manufacturing’s future lies in the cloud

Since the early days of cloud computing, manufacturers have been reluctant to adopt PLM cloud solutions for various reasons. Perceived lack of security, disruptions of productivity due to technology changes, or a lack of expertise in-house, just to name a few.

However, companies that embrace digital transformation have found ways to thrive when working from anywhere during these past few years. With PLM in the cloud, you can collaborate with other colleagues in other parts of the world or in the office next door.

Listed below are a few reasons why a cloud PLM migration is a wise move for businesses of all sizes.

SECURITY

The information you have about your products and processes is the most important factor in manufacturing. Your product development and lifecycle management processes must be protected against both internal and external threats.

With a Cloud PLM solution, you can feel confident that your data is safe and secure. Enterprise-grade security features make it virtually impossible for unauthorized access, ensuring that your data remains private and confidential.

As your company grows, your Cloud PLM systems will need to accommodate more data. With more data comes more opportunity for insights that can streamline your business processes. Your company can use those insights to continue growing and becoming more efficient.

Instead of sharing terminals and passwords, or having multiple people log into a single computer with their credentials – everyone has access from wherever they are!

FLEXIBILITY

If you have ever worked with a traditional on-premise PLM system, then you know how difficult it can be to keep up with the changing needs of your business.

It can take months or years to upgrade or make changes to an on-premise PLM system due to accessibility issues thru either geography, network, or lack of access to virtual information. With Cloud PLM, you can make changes or upgrades in hours, days, or weeks.

You can also scale your Cloud PLM system up or down quickly to accommodate changes in your business. If you need to add more users or storage, you can do so quickly and easily. Gone is the need to maintain a corps of IT staff to keep the system up, reliable, and up to date.

THE BOTTOM LINE

Costs are reduced with servers, upgrades, and maintenance off-premise. Everything is up to date with regular patches and fixes that your IT department does not have to worry about.

Nucleus Research found that cloud technology deployments deliver 4.01 times the ROI as on-premises deployments over the time period from January 2018 to November 2020. 1

The price of one mistake at your company can be millions of dollars since it can cause quality issues, production errors, approval delays, rework, and more.