PropelPLM operates in the Product Lifecycle Management (PLM) and Quality Management System (QMS) market, offering a unified platform that consolidates all product records into one scalable location. The company serves a diverse range of clients, including those in the tech, consumer, supply chain, and medical device industries. PropelPLM's business model revolves around providing cloud-based software solutions that help businesses manage their product lifecycle from conception to end-of-life, ensuring compliance with quality standards and regulatory requirements. The platform enables clients to respond to customer demands faster, generate more accurate quotes, and increase win rates. PropelPLM generates revenue through subscription fees for its software services. The company emphasizes reducing risks and complaints by maintaining total control over the quality process, ensuring all stakeholders are up to date on the latest product changes and processes.

Keywords: PLM, QMS, product innovation, quality compliance, cloud-based, tech, consumer, supply chain, medical devices, subscription model.