PLM-as-a-Service is costly - Myths busted
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Throughout history, companies have often viewed the implementation of PLM as expensive and complex because of the initial investments, challenging deployments, and maintenance requirements involved. This perception has led to the misconception that opting for PLM as a Service is inherently costly. However, this belief is not entirely accurate. PLM as a Service offers cost advantages. To begin with it eliminates the necessity for expenditures on hardware and software by adopting a subscription-based approach that spreads costs over time making them more manageable and predictable for businesses. Additionally, these services typically provide flexible pricing options based on factors such as users, storage needs, or specific functionalities enabling companies to start and scale up as necessary without initial investments. Furthermore, by entrusting the service provider with tasks such as managing infrastructure, updates, and maintenance responsibilities internal IT teams are liberated to