The report estimates that, based on existing conditions, the rules-driven product management (RPM) market, part of a Product Lifecycle Management (PLM) environment, currently has a total cumulative opportunity ceiling of about $6bn.
The report describes the foundation of RPM, identifies its key business drivers and benefits, gives specific implementation examples and assesses the market and RuleStream’s position in that market.
Preserving the corporate knowledge base is an essential business requirement in today’s competitive world, the report states. An organization’s past experiences are what allow it to work faster and smarter and provide advantages over competitors.
It continues to comment that easy access to an organized knowledge base allows faster and more accurate bidding and sales quotes, better information to provide maintenance, improved planning for new products, more accurate costing, improved product consistency, fewer part numbers, and many other benefits.
