The 2016 edition of the Business Advantage Worldwide CAD Trends survey has been released, and product data management is forecast for strong growth in the next 12 months and remains a high priority technology among engineering-driven companies.
The annual survey gathers data from more than 600 managers and other leaders at engineering-driven companies, evenly split between the Americas, Europe/Middle East/Africa and Asia/Pacific. 78% of respondents are in small or medium sized businesses.
The survey says only 28% of engineering firms surveyed are now using PDM. But when asked about buying plans in the following months and years, PDM installations are projected to rise by 21% in 12 months and 39% within 3-5 years. (See chart below, republished courtesy of Business Advantage). (more…)