It is the fourth year of the forum in China collaborating with CIMdata. China Forum is the fourth station of the program, which goes from the end of March to April in Ann Arbor, Amsterdam, Pune, Beijing, and Tokyo.

As the main speakers of the forum, Mr. Peter Bilello, CIMdata President and Mr. Stan Przybylinski, CIMdata Vice President of Research introduced the global PLM market development and trends. Dr. Pei Huang, e-works CEO hosted the forum and did all the translation.

In the session of The State of PLM—Today’s Market and Leading Trends, according to Mr. Peter Bilello, the global PLM market in 2014 has a 6.8% growth to $37.2 billion with a solid growth surpassed CIMdata's forecast. Among all the segments, simulation and analysis has a strong growth at 8.9%. PLM's next evolutionary step would be that companies need to innovate across the full spectrum of their operations including logistics, infrastructure, processes, products, services and strategic initiatives, not just across the lifecycle. Peter pointed out that, "it means that the shift towards enabling robust and resilient business platforms requires a fundamental change for both industrial users as well as PLM solution providers".

Mr. Peter Bilello, CIMdata President

In the session of 2014 PLM Market Analysis, Stan analyzed 2014 PLM market dynamics and trends by geography, segments, and industry, and assessed the PLM leaders' revenues and market investments.

Mr. Stan Przybylinski, CIMdata VP of Research

Dr. Huang analyzed Chinese PLM Market Development in 2014. Facing with complex and volatile international environment as well as heavy and tremendous reform tasks, Chinese economy has overcome downward pressure and realized a 7.4% GDP growth, in which industrial added value has up 7.0% to 22.8 trillion RMBand manufacturing up 9.4%.

Dr. Pei Huang, e-works CEO

In the new economy normal, Chinese PLM market awareness is continuously increasing and PLM applications has been adopted beyond traditional discrete industries. The need for PLM as a differentiator is becoming clear for some Chinese enterprises. Overall, PLM market has a good growth last year with a solid growth in many segments. Dr. Huang pointed out that according to the forecast, Chinese mainstream PLM market has a rapid growth of 11.75% in 2014 from $845 million in 2013 to $944. 2014 Chinese PLM market grows 11.9% to $1,469 million.

In the afternoon session, Peter and Stan shared insights around the topics of beyond concept modeling, the platformization of PLM, PLM obsolescence, and IoT which has aroused discussions and attention in attendants.

Group photo

For the Chinese version, please click here.