Product Lifecycle Management (PLM) Software
Product Lifecycle Management (PLM) Software Overview
Top Rated Product Lifecycle Management (PLM) Products

These products won a Top Rated award for having excellent customer satisfaction ratings. The list is based purely on reviews; there is no paid placement, and analyst opinions do not influence the rankings. Read more about the Top Rated criteria.
Product Lifecycle Management (PLM) Software TrustMap

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Product Lifecycle Management (PLM) Products
(1-25 of 49) Sorted by Most Reviews
The list of products below is based purely on reviews (sorted from most to least). There is no paid placement and analyst opinions do not influence their rankings. Here is our Promise to Buyers to ensure information on our site is reliable, useful, and worthy of your trust.
Arena PLM and QMS
Arena, a PTC business, helps companies to design, produce, and deliver innovative products quickly with a unified cloud-based PLM and QMS platform. Arena understands modern product companies rely on distributed teams and global supply chains to develop products, ensure regulatory…
Teamcenter
Teamcenter® software is a product lifecycle management (PLM) system that connects people and processes, across functional silos, with a digital thread for innovation. The vendor states the breadth and depth of the Teamcenter portfolio mean that users can solve more of the tough challenges…
Learn More About Product Lifecycle Management (PLM) Software
What is Product Lifecycle Management?
Product Lifecycle Management (PLM) software provides businesses with the opportunity to manage all of their data and information processes for worldwide supply chains at every step of a product design or service lifecycle. PLM provides businesses and supply chains with all the necessary data about items, parts, products, documents, requirements, engineering change orders, and workflows.
As PLM Software becomes increasingly more important in a globalized economy, it continues to be adapted and tailored to meet the needs of a variety of different industries. PLM Software’s original intent was to support engineers’ collaboration on their latest product designs and control the information lifecycle. Yet today, PLM Software provides services to support a much larger percentage of an organization, including customer service, marketing, sales, suppliers, and partners.
The support PLM Software provides businesses is crucial in promoting increased productivity, creativity, and collaboration. Other benefits include improved quality, and regulatory compliance, as well as shortened product production times.
Product Lifecycle Management Features
Most products in the Product Lifecycle Management have the following features:
- Change management
- Design feature management, including tracking of feature requests
- Design drawing revision management
- Quality management
- Collaboration solutions
- Training management
- BOM management
- Compliance management
- Document control or design software management
- Requirements management
- Item management
- Supplier relationship management
- Implementation with Agile methodologies
Product Lifecycle Management Comparison
When comparing PLM Software, businesses should consider the following factors:
Industry of Focus: When it comes to PLMs, one size doesn’t fit all. Many PLM’s focus on providing support for specific industries (i.e., fashion, retail, processing), so businesses should consider what PLM provides the best support and features for their industry.
Open-Source vs. Paid Software: A few free and open-source PLM tools are available, though the selection is minimal. Free PLM tools also tend to be more limited feature-wise to proprietary options, and none of them can provide ongoing support. Businesses should consider their feature needs and support when considering an open-source tool.
Integration Support: Product lifecycle management is a complex process and cannot be handled by just one software alone. Before purchasing from a vendor, businesses should consider how well their PLM can incorporate and communicate with computer-aided design (CAD) software systems, as well as enterprise resource planning (ERP). These software platforms are crucial to the design flow process and focus on the more detailed building stage of a product or service.
Start a Product Lifecycle Management comparison here
Pricing Information
The cost to implement a PLM solution varies greatly. Some software companies offer a straightforward pricing scheme for PLM solutions, ranging from $13 to $150 per month. However, the cost of most PLM solutions must be obtained by contacting the vendor directly. For a custom quote, vendors consider the company size, implementation complexity, and the number of average users. There are also some open-source options for businesses looking for basic support features.
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Frequently Asked Questions
What are the benefits of using Product Lifecycle Management?
What are the best Product Lifecycle Management products?
These are some of the best Product Lifecycle Management products: