TechNavio Announces the Publication of its Report: Global Digital Manufacturing Software Market 2011-2014

TechNavio today published its report Global Digital Manufacturing Software Market 2011-2014. The report aids decision makers' understanding of the present and the future landscape of the market.

London, NY (prHWY.com) March 15, 2012 - Commenting on the report, an analyst from TechNavio's Engineering Services team said, "Digital Manufacturing is an important strategic segment of Product Lifecycle Management (PLM) software. Many of the long-term benefits of PLM software are not achievable without implementation of Digital Manufacturing Software. Moreover it helps manufacturing companies integrate PLM tools such as computer-aided design (CAD), computer-aided engineering (CAE), and product data management (PDM), with other applications or information systems."

According to the report, although customized digital manufacturing software is not a new trend in the market, the adoption of customized software has increased. Global vendors have started providing customized software in developing countries such as China, India, and Brazil. Customers have begun expecting and demanding very sophisticated digital manufacturing software that includes functions tailored to their requirements.

The report also discusses key challenges in this market including issues with handling complex data handling.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://technavio.com/content/global-digital-manufacturing-software-market-2011-2014

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Ludmila Berkesova
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ludmila@technavio.com
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