The document discusses the evolution and challenges of Product Lifecycle Management (PLM) in the context of digital transformation, highlighting the complexity of data management and the need for connected applications. It critiques the current state of PLM, emphasizing the transition from siloed practices to network-based solutions supported by technology such as machine learning and real-time collaboration. The author advocates for a shift towards multi-tenant PLM platforms that enhance interconnectivity among various stakeholders in the manufacturing process.