Regarding the PLM market performance, Mr. Amann said, “Our research shows that the overall PLM grew 8.8% to reach $18.1 billion in 2005. This growth rate exceeded earlier estimates, with the boost attributed to continued strengthening of the global economy and an increased recognition of the value of PLM in improving companies' business performance. PLM investments are forecast to continue their climb over the next five years, reaching an estimated $27 billion by 2010, for a compound annual growth rate of approximately 8.3%.