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PLM Lite: What is it and is it right for you? Major trends in product innovation software include Internet of Things (IoT), 3D printing, cloud computing, mobile computing, augmented reality, and social collaboration. The strategies of leading PLM vendors are in flux as they try to evolve from older legacy-based custom approaches while more commercial off-the-shelf applications (COTS) for PLM are gaining favor.

Major trends in product innovation software include Internet of Things (IoT), 3D printing, cloud computing, mobile computing, augmented reality, and social collaboration. The strategies of leading PLM vendors are in flux as they try to evolve from older legacy-based custom approaches while more commercial off-the-shelf applications (COTS) for PLM are gaining favor.

"The great thing about being an engineer is the continuous quest for precision and accuracy, for the answer to an everyday life question or for a finite element analysis.  eQuorum started as an engineering company 20 years ago, and to some extent we still are.  At least half the staff are either engineers by background or have experience in related fields like architecture.  You don't often find this in a software company where there are mostly computer science degrees creating the products."