Transforming Industries

Episode #7: Entering the PLM Software market – the founding story of OpenBOM (with Oleg Shilovitsky)


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Sustainability, hardware-software-integration, product complexity, technology trends such as digital twins and other drivers increase the attention on PLM software.  A comparably mature software segment is experiencing increasing dynamic, also driven by M&A activities.

Founding a new company in this environment and entering the PLM software segment? And how to be successful in a market with large and long term established players?

This is what I discussed with Oleg Shilovitsky, the CEO and co-founder of OpenBOM. 

We also addressed the following topics

  • Why Oleg decided to found OpenBOM after 25 years in the PLM industry

  • Where he saw white spots not addressed by established market players

  • Current market driver and technology trends affecting the PLM software segment

  • Trends and dynamics in the competitive landscape


  • Tune in and enjoy a highly interesting discussion!


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    Time Stamps: 

    (00:00) Intro

    (02:05) Introduction Oleg

    (06:10) The founding story of OpenBOM

    (26:00) Lessons learned for other founders

    (29:40) PLM – accelerated focus or still a niche?

    (31:50) PLM software market and technology trends

    (44:20) PLM competitive landscape and M&A

    (53:30) Outlook on OpenBOM

    (55:20) Outro

    ...more
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    Transforming IndustriesBy Tim Loebig