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Customized PLM solution for Industry Machinery

Abstract

Globally, the sector of industry machinery is a very fast growing one. With improving economic conditions fuelling the growth of the sector as well as emerging economies coming very strongly into the picture, this sector registered a US$1.5 trillion in 2013 and is set to grow to US$2 trillion in revenue by the year 2018 (Rise of the Machines, 2014).

What you get from this white paper

Globally, the sector of industry machinery is a very fast growing one. With improving economic conditions fuelling the growth of the sector as well as emerging economies coming very strongly into the picture, this sector registered a US$1.5 trillion in 2013 and is set to grow to US$2 trillion in revenue by the year 2018 (Rise of the Machines, 2014).

In this whitepaper, we outline the increase in demand also translates to the emergence of several low cost competitors. To stay ahead of the race, the manufacturers of the machinery and equipment have to start revisiting the way they do business.

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