Modular Management has been recognized yet again, marking its third consecutive year. This recognition is in Gartner’s 2024 Hype Cycle™ for Configuration Lifecycle Management.
STOCKHOLM, Sweden – September 11, 2024 – For the third consecutive year, Modular Management has been recognized as a Sample Configuration Lifecycle Management (CLM) Vendor in Gartner's® 2024 Hype Cycle™ for Advanced Technologies for Manufacturers.1 This ongoing recognition highlights our leadership and strong commitment to driving innovation in modular product design and configuration management.
For the third consecutive year, Modular Management has been recognized as a Sample Configuration Lifecycle Management (CLM) Vendor in Gartner's® 2024 Hype Cycle™ for Advanced Technologies for Manufacturers.
Why Gartner’s Hype Cycle Matters
Gartner’s Hype Cycle is a trusted guide that offers a 10-year outlook on the most relevant emerging technologies set to transform industries. This year’s report highlights the growing significance of Configuration Lifecycle Management (CLM) as a strategic approach for managing complex product configurations and ensuring consistency across diverse product variants. Gartner’s Hype Cycle help Technology Leaders gather the information they need to stay at the forefront of product and manufacturing innovation.
According to Gartner,
“CLM employs systems engineering techniques to define and execute configurations of products, manufacturing processes, and sales and services options in connected and orchestrated ways."
— Gartner, Hype Cycle for Advanced Technologies for Manufacturing, 2024
“Modular Management's recognition in Gartner's Hype Cycle highlights our leadership in modular product architecture and configuration life cycle management— trends that empower businesses to develop flexible, scalable systems, reduce complexity, accelerate time to market, and enhance productivity.”
— Fredrik Erbing, Executive Vice President of Modular Management.
Our Modular Function Deployment (MFD®) methodology is essential for helping businesses architect their products and optimize product configuration. PALMA® is key to ensuring efficient end-to-end execution of product data in configuration across various domains and functions. Embedding this capability within an organization enhances cost efficiency, speed, and agility, making companies more resilient and better equipped to thrive in ever-changing business ecosystems.
"Our consistent recognition by Gartner highlights the unique value we bring to our clients, equipping their organizations with lasting capabilities that drive sustained success in their industries."
— Karl-Johan Linghede, CEO Modular Management Group.
For more information on the Hype Cycle and why this recognition is important for the future of manufacturing, download our Hype Cycle summary.
Our consistent recognition by Gartner over the past three years is a testament to our lasting impact on the industry. As companies navigate growing complexities in product development, Modular Management continues to offer solutions that enables to accelerate your business and meet today’s challenges and anticipate future needs. Central to this offering, PALMA® provides a single source of truth that connects an organization’s CLM from end to end in a SaaS cloud solution.
As the industry continues to evolve, modularization, CLM, digital twins, and AI will play crucial roles. Modular Management's expertise positions both us and our clients to lead in this dynamic environment, driving innovation and excellence across all facets of configuration lifecycle management.
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