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PLM
Stands for Product Lifecycle Management. A systematic approach in software development. It is used to manage the stages a product goes through, from its design and development to its ultimate retirement or disposal. It has four stages: conceive, design, realise and service.
| First released | 1931 |
| Developed by | Otto Kleppner (precursor) |
| Used by | AwareBase Corp., Symbotic, Trimble |
Interesting facts
Companies have spent almost $35 billion on PLM software in 2013.
