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Production Information Management Market Report- Forecast 2023

Production Information Management Market Report-Forecast 2023

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Production Information Management Market Report- Forecast 2023

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Production Information Management Market Report- Forecast 2023

Summary PIM (Product Information Management) is a centralized software tool that stores, standardizes, and manages the delivery of product data to different channels and systems. A PIM tool is used to store product details including product descriptions, Stock Keeping Unit (SKU) numbers, pricing & product images and PDF documents. The key players in the global production information management market are Oracle Corporation (U.S.), SAP AG (Germany), IBM Corporation (U.S.), Informatica (U.S.) and others. Oracle has introduced a product information management solution for the retail industry. Retailers are in need of a centralized data storage system to manage confidential information that includes the data associated with the product & its suppliers and the delivery location of the product. With the availability of this solution, retailers can merge important information from multiple applications and streamline business data into a single storage device. The solution improves retailers’ business operations and allows them to share valuable content across the enterprise and with their trading partners.

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Production Information Management Market Report- Forecast 2023

Major Key Players:  Oracle Corporation (U.S.)  SAP AG (Germany)  IBM Corporation (U.S.)  Informatica (U.S.)  Stibo Systems (Denmark)  Riversand Technologies, Inc. (U.S.)  Pimcore (Austria) are among others.

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Production Information Management Market Report- Forecast 2023

Segmentation: The global Production Information Management Market is segmented into component, deployment, organization size and end-user. The component segment is bifurcated into software and service. The software segment consists of single domain and multi-domain. The service segment comprises consulting & system integration, training, support and maintenance. The deployment segment is sub-segmented into cloud and on-premise. Whereas, the organization size segment consists of small & medium enterprises and large enterprises. The vertical segment consists of BFSI, government, retail, healthcare, IT & telecommunication, manufacturing, energy & utilities, healthcare, transportation & logistics, and others.

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Production Information Management Market Report- Forecast 2023

Regional Analysis: The global PIM market is studied in Asia Pacific, North America, Europe, and Rest of the World. North America accounts for the highest share in the global production information management market. The increasing industry demand to maximize value from the centralized master data, and to gain meaningful insights from this consolidated master data is boosting the market growth in the region. Asia Pacific market is anticipated to be the fastest growing geography due to the rising advancement in the e-commerce and retail industry. Other aspects such as fast adoption of multi-domain PIM software are expected to promote valuable services in terms of performance, quality, and capacity during the forecast period.

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Production Information Management Market Report- Forecast 2023

(Germany) are focusing on the digital utilities transformation. P a g e |7

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Production information management market  

Production Information Management (PIM) Market Report – Information by Component (Hardware, Software), Deployment (Cloud, On-Premise), Organ...

Production information management market  

Production Information Management (PIM) Market Report – Information by Component (Hardware, Software), Deployment (Cloud, On-Premise), Organ...

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