Wooster, OH – May 15, 2006 - TechniGraphics, the leading provider of data capture services and solutions for visual information systems, today announced it has purchased certain assets of the PLM (Product Lifecycle Management) business of Axiom Systems, an IBM/Dassault software reseller and provider of high-end implementation services, located in Alpharetta, GA.

TechniGraphics Web Site

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Product Lifecycle Management (PLM) is at the very core of every enterprise. It’s where intellectual property is created, and innovative ideas of engineers and scientists are transformed into products and services. Successful implementation of a PLM solution is the key to increasing a company’s market leadership. Benefits include: better products, accelerated time-to-market, additional revenue streams, and cost savings. The PLM market represents a multi-billion dollars opportunity today and is only expected to grow many folds by the end of this decade.

Watch "What is PLM?" (26 MB SWF)

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