PLC has various meanings in the IT Terminology category. Discover the full forms, definitions, and usage contexts of PLC in IT Terminology.
This refers to the stages that a product/service passes through from invention/development to maturity to decline until it becomes obsolete, usually because it has been superseded by competitive/replacement offerings, and/or to a lesser degree the product/service has saturated the market, i.e., everyone who wants it has purchased it. Product life cycle is often shown as a graph of sales volumes or market-share over time.
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