Knowledge Sourcing Intelligence Global Model-Based Enterprise Market | Page 2

DESCRIPTION
Model-based enterprise is a strategy where a 3-D model of the product is generated with the
aim of streamlining the integration process and effectively coordinate the product design from
different departments effectively. Rising adoption of model-based enterprise solutions across
industry verticals coupled with the growing popularity of this software, especially in the military
and aerospace industry, are the major factors driving the demand for this solution. In addition,
improvement in collaboration, cost-effectiveness owing to the time saved and a reduction in lead
time will further boost its demand.