Companies in the food and beverage industry use product lifecycle management (PLM) software to streamline processes and maximize productivity. Download our report to learn more.
The future of manufacturing is crucial to the global economy, employing over 13.6% of the global workforce and contributing 16% to the global GDP. To understand the priorities and challenges of manufacturing organizations in 2025, we surveyed 500 CPQ, PLM, and engineering modeling or simulation software professionals in the US and Germany.
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Industry 5.0 combines AI, IoT, big data, robotics, and automation, revolutionizing manufacturing with smart factories that optimize processes autonomously. This transformation enhances supply chain transparency, creates tech-driven job roles, and fosters a connected, sustainable future.
By 2050, engineering and manufacturing professionals think that advanced analytics (40%) within PLM software and cloud-based PLM solutions (39%) will have the greatest impact on their industry. About two in five businesses are already using these features of PLM software.