Small to midsize enterprises (SMEs) are actively pursuing product development improvements to deliver more innovative products to their customers, including improved control over their projects and product information. Aberdeen benchmarks reveal that Best in Class SMEs are meeting the product development goals that drive product profitability 49% to 74% more frequently than average companies, and up to 14 times more frequently than laggards. These leading SMEs enjoy a significant performance advantage over their peers by leveraging a variety of product lifecycle management (PLM) technologies to improve their product development execution.
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