Product Information Management Market Trends

Product Information Management Market Trends

PIM systems are progressively incorporating AI and machine learning technology to automate processes like attribute extraction, product suggestions, and data categorization. These technologies facilitate more individualized product offerings, better user experiences, and higher-quality data.
 

Cloud-based PIM solutions are growing in popularity because of their affordability, scalability, and flexibility. Cloud-based PIM solutions are becoming increasingly popular among businesses to lower IT infrastructure costs, simplify data management procedures, and provide remote access. PIM systems have adopted an API-first strategy, which enables a smooth connection with external platforms, third-party apps, and other enterprise systems. APIs facilitate improved data interchange and interoperability by allowing enterprises to take full advantage of the PIM system's features throughout their whole ecosystem.