**5. PLM software**

On the market today, there are several software solutions for PLM implementation. The most known solutions are offered by dominant players such as **Dassault Systèmes** (ENOVIA™ PLM Software)**, Siemens** (Teamcenter PLM)**, PTC** (PTC Windchill), **SAP Systems, Applications, and Products in Data Processing** (SAP PLM), **Oracle** (Agile PLM), **Arena** (Arena PLM), and **Autodesk** (Autodesk Fusion Lifecycle). **SAP Business Suite** is a collection of integrated applications such as SAP-CRM, SAP-ERP, SAP-PLM, SAP-SRM, and SAP-SCM modules. The most important tools of these software solutions are material management, configuration and change management, design and simulation processes, product planning, project management, document management, deliver projects on time and under budget, collaboration solutions, product quality, and product certification, stocks, and sales management. These tools are increasingly used in large companies, and the offered solutions are customized for different areas of activity. Company databases offer a better management of company resources, of the customers or of suppliers of materials in a timely manner. The PLM software solution increases the companies' productivity, reduces the manufacturing time of the products, and increases the quality. Managing company databases that have workstations in different locations is one of the integrated tools of these software instruments. The companies can manage the common databases, the drawing projects, materials, existing stocks, different stages of product development, as well as the marketing and distribution part or the product phases use throughout their life cycle.

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