For manufacturers who have invested for years in PLM, setting up a Project and Portfolio Management (PPM) solution and associated business processes is a natural evolution. It increases global added value by focusing on upstream stages and on the essential project approach related to it.
Process industries concern all activities related to a transformation process and its implementation site.
These industries are: energy, gas, oil, and chemistry.
It also includes other similar industrial sectors, such as pharmaceuticals, food processing, and shipbuilding.
The plant lifecycle activities involve: design, build, commission, operation, maintenance, revamping and de-commissioning.
For companies who have invested in PLM for many years, continuous improvement and product innovation are the major benefits.
The PLM approach also requires the harmonization of methods and practices supported by information systems.
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