Description
Product Lifecycle Management (PLM) using AI involves monitoring and managing the entire lifecycle of a product—from inception and development to market launch and eventual decline. AI-powered PLM tools help businesses track product performance, analyze market trends, and adapt strategies in real-time. By leveraging data from sales, user feedback, and market analysis, AI can provide predictive insights that guide product adjustments, feature rollouts, and strategic decisions to maximize product success throughout its lifecycle.