How to transform shipbuilding companies with SaaS PLM

Product lifecycle management (PLM) solutions are classified as on-premises, cloud or SaaS. What distinguishes these solution types is whether the customer or the solution provider is responsible for installing, managing and updating the solution. The on-premises model has traditionally been the most popular option with customers, but many shipbuilders are now considering SaaS PLM due to its cost benefits.

This Lifecycle Insights ebook, “How Do I Justify a Digital Transformation? Building a Business Case for Cloud-based SaaS Solutions” explores the benefits of using cloud-based SaaS PLM for shipbuilding. Learn how this model can help your team boost productivity and secure product data while saving on IT overhead.

Scale with ease and flexibility

SaaS PLM solutions offer teams the flexibility to use various functionalities and assign user permissions as needed. Rather than wasting time and accumulating costs trying out add-on capabilities, you can add on functionalities for short periods of time and only pay for the extra capability when it’s being used. If your product development team expands or shrinks, you can easily add or remove users, so you only pay for active users. Avoid large, up-front costs for licenses and functionalities that may never be used.

Stay up to date

With a SaaS PLM solution, your team can access new capabilities and productivity-enhancing features as soon as possible. While on-premises and client-operated cloud PLM solution providers generally release updates once or twice a year, SaaS PLM solution providers update their software regularly — as often as every two weeks. Better yet, SaaS PLM solution updates are performed automatically by the solution provider. Reduce the workload of your IT and product development teams and ensure that users can quickly access new features that help them better manage products throughout their lifecycle.

Secure your product data

SaaS PLM solves common data security challenges. With SaaS PLM, data security is the responsibility of the solution provider and its cloud partner, rather than your company’s IT staff. The provider ensures that users have the latest security features and manages their backup data. As a result, the risk of data theft and malware is much lower than with on-premises PLM. Enjoy better peace of mind knowing that your data security is closely monitored while preserving more of your IT budget.