Daratech Projects PLM Market to Reach $13.4 Billion in 2007

CAMBRIDGE, Massachusetts, April 25, 2007 - By Daratech’s most recent estimates, spending on PLM software and services topped $12.3 billion in 2006, up 8% over 2005 due to strong investment by large and small enterprises in technologies that foster innovation. Looking ahead, Daratech projects the PLM market to reach $13.4 billion in 2007, up 8% over 2006.

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