Carl Bass: We Don't Need PLM

During the quarterly conference call with financial analysts, Autodesk ceo Carl Bass stated that PLM is a bust:
If I were to believe anybody's estimates, it should be about a $20 or $30 billion market by now. And by any estimate, it's probably no more than $1 billion. While I think there is a long-term market for PLM, I think many people are chasing a gold ring that may never show up. The reports [from 2000] had this market painted huge by this time [in 2006]. And we haven't invested nor believed in that vision of where the market is going.

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