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Enterprise PLM in the CloudSecurely and Cost-Effectively Move Product Development to the Cloud
The benefits of a Product Lifecycle Management (PLM) solution are well known: reduce time-to- market, improve product quality, increase product development efficiency, and reduce scrap and rework costs. However, organizations may be concerned that traditional PLM solutions can have large upfront costs and extensive, time-consuming implementations. By using a solution in the cloud, organizations can minimize IT complexity and cost and realize the value of PLM more quickly.
Reducing Costs with Cloud Solutions Sources of Savings
Lower up-front costs No need to purchase infra-structure/data center space to run application
ptc.com
of surveyed IT professionals who are imple-menting or maintaining a cloud solution
88% of users who are using a cloud solution to cut costs
1.7x amount of ROI cloud-based SaaS delivers vs on-premise applications
38%
Predictable operational costsPre-defined cost is either paid as monthly subscription or usage-based
Economies of scaleVendors are able to optimize hardware – and therefore, reduce costs – by securely deploying multiple customer systems with the same infra-structure and staff
There’s a Cloud for That! Which Cloud is Right for You?Do you want your cloud vendor to completely set up the infrastructure for you or does your organization prefer to DIY with just platform support?
The Many Flavors of Cloud
Virtual Private
Uses both public and private clouds to perform distinct functions
On-demand, configurable pool of shared computing resources within a public cloud
Hybrid
Implemented within the corporate firewall and controlled by IT department
Private
Hosted service available over the Internet which multiple customers share
Public
PLM in the Cloud: The Benefits of Keeping Your Product Data in the Cloud
The Bottom Line? By moving enterprise systems – such as PLM – to the cloud, organizations can expect to reap the benefits of PLM – faster time-to-market, improved product quality, and increased efficiency in product development – while also taking advantage of all the benefits of the cloud – the lower costs and reduced IT complexity inherent in maintaining a cloud infrastructure.
To learn more about determining your cloud needs and budget, download the whitepaper, “How Much is the Sky?” today!
Source:PTC. “How Much is the Sky?” 2015. PTC.com.
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Platform as a Service (PaaS)
Typically provides low-level server, storage, and networking infrastructure
Platform (programming language and tools) provided to customers to develop applications that will be delivered to end-users via cloud
Software as a Service (SaaS)
Application functionality provided to customers via web browser and includes all back-end services needed to operate app in the cloud
Infrastructure as a Service (IaaS)
Cost: No maintenance, management, or hard ware costsScalability: Ability to scale up/down capacity very quickly and pay for capacity only when needed Low risk: Proven security, less dependence on internal IT, high performance and availabilityFinancial: Subscription model allows for operating budget versus capital budgetROI: Faster time to value with rapid deploy-ment and built in best practicesAgility: Flexibility based on business needsCollaboration: Distributed teams are able to be more connected during the product devel-opment process
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