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Published in:
2024 | OriginalPaper | Chapter
2. Artificial Intelligence and Product Lifecycle Management Systems
Author : Fotios Tsirigotis
Published in: Product Lifecycle Management (Volume 6)
Publisher: Springer Nature Switzerland
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Abstract
This chapter explores the transformative potential of integrating Artificial Intelligence (AI) into Product Lifecycle Management (PLM) systems. AI's emergence as a powerful trend offers exceptional opportunities to leverage data-driven insights for enhanced decision-making, increased efficiency, and innovation. From prediction and recommendation to intelligent automation, and design process assistance, the chapter investigates the applications of AI in PLM, and presents the benefits. Considerations and challenges are also discussed. Ultimately, the chapter offers insights into the aptitude of AI in redefining the landscape of PLM encouraging organizations to embrace this dynamic partnership, as a guiding force in product development and management.