📌 Digital Product Lifecycle Management Summary
Digital Product Lifecycle Management, or PLM, is the process of overseeing a digital product from its initial idea through development, launch, updates, and eventual retirement. It involves planning, designing, building, testing, releasing, and supporting the product, as well as collecting feedback and making improvements. PLM helps teams coordinate work, reduce errors, and ensure the product meets users’ needs throughout its life.
🙋🏻♂️ Explain Digital Product Lifecycle Management Simply
Think of digital product lifecycle management like taking care of a pet. From the moment you get it, you plan for its needs, help it grow, keep it healthy, and eventually say goodbye when the time comes. In the same way, PLM means looking after a digital product at every stage, making sure it is useful and up to date until it is no longer needed.
📅 How Can it be used?
A team uses PLM software to track every stage of a new mobile app, from concept to ongoing support.
🗺️ Real World Examples
A software company uses digital PLM tools to manage the development of a new online learning platform. The process starts with gathering requirements, moves through design and coding, continues with user testing, and finishes with regular updates based on user feedback. The PLM system keeps all information and tasks organised, so everyone knows what needs to be done and when.
An electronics manufacturer uses digital PLM to coordinate the release of a smart home device. The team tracks hardware and software versions, manages updates, ensures compliance with regulations, and handles customer support, all within a single PLM platform to maintain quality and consistency.
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