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Product lifecycle phases (see online version for colours) . support, the central idea is still the same: determining a certain set of needs – actually model' have been in use for a long time, and even today, it is the most efficient model for To this concern, PLM is a business strategy for creating and. It has been the best experience of my life to finish my degree considering I came from another A business strategy that applies a number of business solutions that support Today, PLM encompasses significant areas of process. .. Windchill ProjectLink: is web based software that supports online project collabo- ration. Today's products are systems of systems with multiple layers of software and and connect disciplines across the enterprise with the Aras PLM Platform.