Electronics and high-tech manufacturers have to manage high volumes of product information, sometimes on a global scale. As a result, they can soon lose sight of their data, leading to delays in the design and manufacturing process as well as multiple versions of the same information. A dedicated MDM or PIM solution is key to visibility and management, being able to launch new products quickly, and establishing a single source of truth.

Ultimately, companies that do not have a central system for managing their product information and data will struggle to bring new products onto the market quickly and meet compliance requirements.