Wednesday, April 18, 2001
Palm Springs, CA--At CIMdata's conference April 2-6, 2001,
Ed Miller, the consulting and research firm's president, told attendees from
some 200 companies that the cPDm market grew 62% in 2000-far outperforming
predictions. CIMdata coined the acronym cPDm (collaborative product definition
management) last year to describe deployment of PDM, visualization, web-enabled
CAD and PDM collaboration, ERP, and both supply chain and customer management
Miller attributes the exceptionally strong growth to "widespread
adoption of cPDm as a way for companies to operate more effectively in
increasingly more competitive global markets." In particular, he singled out
adoption and implementation of e-business strategies across the manufacturing
enterprise as "a significant driver."
In 1999, CIMdata clocked cPDm market growth at 26%, and
anticipated that sales would reach $4.4 billion by 2004. Based on last year's
performance, the firm now predicts that the market will exceed $4 billion in
2001, and will rise at an annual growth rate of 43% through 2005, when it will
exceed $13 billion.
For more information about the conference and copies of many of
its presentations, visit www.cimdata.com to
obtain a free CD-ROM.