Key Takeaways:
- With a market value that falls between post-pandemic highs and pre-COVID baselines, product lifecycle management (PLM) for fashion remains an industry worth more than $100 million annually, across software and services – but one just as affected by economic upheaval as other tech sectors.
- Significant spending on expansions by some of the largest brand and retail businesses in the world demonstrates continued commitment to the idea of PLM retaining its place at the heart of product design, development, and supply chain processes.
- Technology partnerships and integrations are providing the foundations for bolder steps towards data-backed sustainability and transparency strategies, as well as digital product creation, intelligent planning and pricing, and more.
- More detailed market analysis, key tech vendors profiles and interviews, and a raft of exclusive thought leadership pieces are available in the full report – free to download below.
Product Lifecycle Management (PLM) has long been sold as the core of the fashion technology ecosystem, and the heart of design, development, and supply chain processes. The world is now changing so quickly that what fashion brands, retailers, and suppliers want and need from technology today can be dramatically different from what they need tomorrow, and the shape of the PLM market – as well as the nature of the software itself – has changed with it.
For more than thirteen years, The PLM Report has tracked the evolution of one of fashion’s most vital, foundational technologies. And The PLM Report 2023 is the definitive edition, capturing the most accurate picture of what PLM does in fashion, who the key players are, and how the global market for it has evolved in the last twelve months.
Like all content from The Interline, this detailed fashion PLM report is completely free to read, with no strings attached (although at 30mb in size, we encourage readers to download it on WiFi if they have mobile data caps).
Download your copy to read offline, distribute to your team, or share elsewhere, using the download button below. Or tap the “open in new tab” button to begin reading in your browser.
Supported by our friends at SOURCING at MAGIC, and covering more than 140 pages, the 2023 definitive edition of The PLM Report includes:
- Thirteen exclusive editorials, covering both cutting edge technologies like generative AI and intelligent pricing, and fundamental considerations like PLM ecosystem integration and the burning question of what the next stage of maturity in modern PLM actually looks like.
- Detailed profiles of key PLM vendors, capturing all their vital statistics, sales figures, technology partnerships and other key data – as well as interviews with senior executives that ask tough questions about how they see PLM’s role at the heart of the technology ecosystem evolving.
- The definitive edition of the fashion industry’s longest-running and only PLM market analysis. This refined version analyses PLM sales and implementation data, expansions, geographical, size, and sector adoption, and many more datapoints to arrive at the clearest possible picture of the PLM market for fashion in the financial year 2022/23.
Dive into the section that matters the most to you by downloading your copy, or opening the full report in a new tab, using the buttons below.
In more detail, the latest in the industry-defining series of fashion PLM reports contains:
- A welcome message from our Editor-in-Chief.
- An introduction from Kelly Helfman, President of Informa Markets Fashion (whose events include SOURCING at MAGIC, next taking place in August 2023, live in Las Vegas, with The Interline again chairing the fashion technology conversation).
- Editorial features covering the following topics:
- How to build a full end-to-end digital value chain with PLM at its core, to help control risk and manage disruption.
- Why the combination of extended PLM capabilities and smart pricing could be essential to succeeding a changing economic climate.
- The importance of establishing the right live data foundations to unlock agility and reactivity across the product lifecycle.
- How fashion brands can use core product data as the building blocks of a new era of storytelling.
- Why digital transformation initiatives – including PLM projects – can be inadvertently sabotaged by differences in team direction, and what brands can do to achieve cultural alignment.
- How PLM can become the engine for the calculation of greenhouse gas emissions in the supply chain – at both the material and product level.
- What the future of digital transformation will demand from the fashion technology ecosystem, and why integrations between PLM and other value chain solutions will be essential to delivering it.
- The importance of looking beyond implementation to support cultural change and increase the chances of a new solution achieving buy-in and adoption from end users.
- Why digital assets have become such an important part of the product lifecycle, and a key engine of decision-making for creative and commercial teams.
- How generative AI is reshaping the way we think about design and development skills and tools – and why being prepared for the impact of artificial intelligence is so important.
- What the full picture of 3D, integrated to PLM, looks like, and how it could revolutionise design.
- Why machine learning is could be the key to helping fashion brands outcompete a recession climate.
- Whether the deeper integration of AI into PLM modules and processes will have a positive effect on the way different stakeholders use technology.
- How major shifts in the outer world are changing what people need and want from PLM and other enterprise technology.
- Detailed profiles of the follow key PLM technology vendors, accompanied by interviews with a member of their executive teams:
- Detailed profiles of the following key fashion PLM advisory and consultancy practices:
- The definitive edition of the fashion industry’s only dedicated PLM market analysis, capturing the latest data to draw broad and granular conclusions about the past, present, and future of product lifecycle management for fashion.
If you’re considering embarking on a new PLM project, expanding on an existing one, integrating one or more extended ecosystem solutions to the core platform that houses your design, development, and supply chain processes – the definitive edition of The Interline’s fashion PLM report has the right blend of inspiration, insight, and information for you.
In the wider technology space, look for two further reports from The Interline this year: a new edition of our wildly successful Digital Product Creation Report later in 2023, and an as-yet-unannounced new report in one of fashion’s for release later this summer.