The California-based software vendor says the new product introduces easy-to-use features for advanced customization to model customers’ unique business requirements; an adaptable compliance management solution that addresses current, pending and future regulatory mandates; advanced reporting features for product performance visibility; and integration into leading enterprise application such as CAD, EDA and ERP.

According to Arena, large manufacturers and their supply chains are increasingly realizing that on-demand PLM is not only an inherently better solution but, also the only viable model for collaborative product development as it dramatically lowers the cost, time and complexity of deployment.

Michael Topolovac, CEO of Arena Solutions said, Enterprises today are faced with a myriad of demands – increasingly complex business processes, compliance regulations, global outsourcing and expanding supply chains. By significantly increasing the ease of customization and deployment, Arena PLM Enterprise Edition enables manufacturers to collaborate with their extended value chain in ways that are just not possible using traditional on premise PLM solutions and allows a new ecology of suppliers to flourish.