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Another industry blocker is the business models associated with PLM platforms. License models have been an issue in the industry for years and lots of articles have been written on the topic. Business needs the ability to share information captured within a PLM platform globally with whoever they choose to. Companies need to have the right to extend PLM systems outward to meet global demands associated with managing those key baselines across the supply chain. Suppliers of PLM technology must realize that customers can no longer write a check up front and hope that the comprehensive solution might someday materialize. They need to facilitate implementation in smaller chunks and align spend with the value derived once a module goes live. The industry needs to shift business models to align with actual usage of the platform and the value being obtained and not rely on overblown sales estimates of productivity to garner upfront payments. The IoT actually might be the enabler for a “pay for use” PLM model as actual use could be measured and shipped back to PLM manufacturers and payments could start when companies start generating value. These are big challenges to today’s monolithic industry and my hope is that the new players will continue to disrupt the current norms as we progress forward, leveraging the cloud and IoT to offer better options to boost ubiquitous access to PLM platforms and information. New SaaS based players will also be able to offer less expensive and pre-configured options for smaller organizations which will begin another wave of PLM expansion. 









