| |December 201819CIOReviewSolution Providers -2018 10 Most PromisingINDIAPLMMSC SOFTWAREREDEFINING SIMULATION PROCESS AND DATA MANAGEMENTBusinesses typically implement PLM solutions to help automate the process of managing product-related data. They also seek the ability to seamlessly integrate this data with other business processes such as ERP and manufacturing execution systems thereby improving efficiency.In general, PLM encompasses three key systems - CAD, CAE and CAM. CAD works at designing a product and documenting the whole design stage of the engineering process. CAE works more towards conducting engineering analysis including simulation, validation, and optimization of products and manufacturing tools under various conditions. Each simulation comes with an influx of data that is massive in volume. The challenge is that the technology used to handle the simulation data is very different from the technology that handles the design data. Since it is often expensive and time consuming to convert designs into prototypes, people are slowing moving away from CAD software to manage their design data. Instead, vendors are moving more towards products in the simulation segment.BY SUCHITA GONSALVES
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