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Product category: PLM and collaboration software
News Release from: SSA Global
Edited by the Engineeringtalk Editorial Team on 19 May 2003

PLM software gains "visionary" acclaim

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Baan has been listed in the "visionary" quadrant for organisation in the latest Gartner Product Lifecycle Management (PLM) Magic Quadrant study.

Baan has been listed in the "visionary" quadrant for organisation in the 20th March 2003 Product Lifecycle Management (PLM) Magic Quadrant study prepared by Gartner, a leading technology research and advisory firm According to Gartner, visionaries are vendors that understand where the market is going or have a vision of changing the market rules, but can still improve in terms of optimising service delivery (as defined in 'Defining the PLM Magic Quadrant by Criteria and Use')

Gartner introduced this Magic Quadrant for the emerging Product Lifecycle Management software market and it is based on Gartner's assessment of the PLM vendors' vision and their ability to execute.

Ilana Jucha, President of Baan's PLM business unit commented: "Gartner has emphasised that PLM is now regarded throughout the industry as a key enabling tool to drive product leadership strategies.

We are delighted that Gartner has listed Baan in the visionary quadrant, with its comprehensive iBaan for PLM solution, in this growing market.

This further confirms that we are on track to achieve our vision of providing customers with a complete PLM enterprise strategy that can help them design, develop, manufacture, service and bring to market more quickly products that offer maximum value over an extended lifetime." Ibaan for PLM enables discrete manufacturers to support and maintain a closed-loop system that can help them manage all aspects of a product's lifecycle within one virtual, yet comprehensive environment.

By integrating core competencies and business processes across the enterprise and with alliances, suppliers and customers, the solution enables organisations to respond to customer demand in real time and adjust to market opportunities as they arise.

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