PTC LiveWorx 2023: Bringing Speed to Market, Efficiency, and Sustainability to Retail

PTC LiveWorx 2023: Bringing Speed to Market, Efficiency, and Sustainability to Retail

This IDC Perspective focuses on PTC FlexPLM in retail and CPG industries in which speed is crucial to enable retailers and brands to design and produce as close to market as possible. In May, PTC LiveWorx reconvened in person for the first time in four years. Broadly, the event focused on digital transformation (DX) and the digital thread that companies are striving to achieve across the end-to-end product life cycle. "FlexPLM continues to improve opportunities for retailers to gain the efficiency and improved user experience benefits of bringing product life-cycle information into one platform," said Jordan K. Speer, research director, IDC's Worldwide Retail Product Sourcing, Fulfillment and Sustainability Strategies. "It is focused on areas that align closely with the needs of retail and brand users, including SaaS, acceleration of digital transformation, digitalization of the BOM, 3D/digital product creation, and sustainability."

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