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(Hosting-NewsWire.com, November 29, 2017 ) Market Overview Product information management (PIM) is a system which helps companies to store all vital technological and promotional information related to a software product. Using Product information management, this data is stored and integrated securely. Global identification, coordination and networking of software product information is facilitated with the help of Product Information Management. Creation and management of central database systems is also enabled due to Product Information Management. Using Product Information Management, extraction of data related to any product is possible without compromising on the compliance requirements and data quality. It also reduces the time-to-market for newly launched products. Product Information Management streamlines the processes for generating, validating and broadcasting the customer-ready product content.
Market Highlights: Rising demand for centralized data storage of information related to products is driving the Product Information Management market. Centralized data storage is helping companies to easily manage and organize all the data related to its products. Data sources are updated with a single change in the centralized data storage, saving time and cost required for data management. Also, compliance and verification requirements are increasing due to the growing number of threats to information security. PIM provides safe and secure access to information stored in the centralized database. Access is granted only after completing verification of all the security credentials required. PIM facilitates quick and easy access to the repository of information, at the same time strategic data storage techniques help in maintaining the data quality. Indexing and linking helps in reducing the time required to complete various processes related to data storage, increasing the operational efficiency. Marketing and sales of products are important processes to generate revenue. Furthermore, PIM enables manifestation of products to achieve client centricity and unified customer view. PIM provides a centralized system for improving the efficiency of promotional activities. All the distribution channels are managed effectively using PIM solutions. Integration of Big Data and business intelligence applications with cloud storage offers tremendous growth opportunities to the market. However, lack of awareness about the PIM is hampering growth of the market. Also, data security concerns are expected to restrain the market growth.
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Key Players: This report studies the global Product Information Management market, analyzes and researches the Product Information Management development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • SAP AG • IBM Corporation • Oracle Corporation. • Informatica • Riversand Technologies, Inc. • Stibo Systems • ADAM Software • Agility Multichannel • Inriver, Inc. • Pimcore • Salsify • Edgenet • CATSY • Censhare AG • Shotfarm • Akeneo • NetCracker
Key Benefits • This report gives a broad investigation of the present and developing business sector patterns and elements in the Worldwide Product Information Management Market. • Inside and out investigation is directed by developing business sector estimations for the key market estimations in the vicinity of 2017 and 2022. • This study evaluating competitive landscape and value chain is taken into account to help understand the competitive environment across the geographies. • Comprehensive analysis of factors that drive and restrict the growth of the market is provided. • This report gives the quantitative analysis of the present market and estimations through 2017-2022, which helps with distinguishing the overarching market openings • Complete examination of all regions are given that decides the predominant open doors in these geographies.
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Market Segments: Market segment by Type, the product can be split into • Software • Services Market segment by Application, Product Information Management can be split into • BFSI • Healthcare • Telecommunication and IT • Government • Retail • Transportation and Logistics • Manufacturing • Energy and Utility • Media and Entertainment Market segment by Regions/Countries, this report covers • United States • EU • Japan • China • India • Southeast Asia
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Source: EmailWire.Com
Source: EmailWire.com
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