Product Lifecycle Management (PLM) Software

TrustRadius Top Rated for 2023

Top Rated Products

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Arena PLM and QMS

Arena, a PTC business, helps companies to design, produce, and deliver innovative products 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 compliance…

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(1-25 of 112)

1
Arena PLM and QMS

Arena, a PTC business, helps companies to design, produce, and deliver innovative products 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 compliance…

2
Teamcenter

Teamcenter is a product lifecycle management system designed to help organizations integrate and standardize product development processes across functional silos.

3
Oracle Fusion Cloud PLM

Oracle Fusion Cloud PLM is a collaborative platform that helps users bring product ideas to market faster by standardizing and structuring the data and processes that go into innovating, developing, and commercializing products and services. It includes the capabilities of the former…

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4
PTC Creo

PTC offers Creo, the company's line of computer-aided design (CAD) products that support the product lifecycle management (PLM) process with 2D and 3D design kits (Creo Elements and Creo Direct), an augmented reality module, Creo Illustrate for technical illustrations, Creo Sketch,…

5
Roadmunk

Roadmunk is a roadmap visualization platform that is designed to enable product managers and their teams to communicate the strategic roadmap throughout their organization. The vendor says product leaders can easily input milestones, roadmap data and create unlimited pivots in real…

6
Propel

Propel (or PropelPLM) headquartered in Santa Clara offers their Product Lifecycle Management application. Built on Salesforce, Propel is available in varying editions supporting quality management, product information management (PIM), as well as project costing, custom objects & API,…

7
PTC Windchill

PTC offers Windchill, the company's Product Lifecycle Management (PLM) platform that includes BOM (a digital bill of materials) for cost and product quality control via parts-centric source of truth, dynamic and updated product change and configuration management to ensure up-to-…

8
SAP PLM

SAP PLM is one component of the SAP Business Suite which also includes ERP, CRM, SCM, etc.

9
Sciforma

Sciforma is an Enterprise Project and Portfolio Management software solution for industries and companies of all sizes. Sciforma was designed to support multiple approaches to reinforce consistency at every level of the organization hierarchy to promote efficiency for everyone.…

10
OpenBOM

OpenBOM is a digital network-based platform that manages Product data and connects manufacturers and their supply networks from the company of the same name in Boston. OpenBOM enables users to share and collaborate data using online Bill of Materials from initial design through all…

11
Autodesk Vault

At its core, Autodesk Vault is a product data management software that connects distributed teams with multisite collaboration and delivers insights. Vault helps streamline workflows. Everyone works from a central source of organized data—collaborating to reduce errors, and save…

12
Digital.ai TeamForge

Digital.ai (formerly CollabNet) aims to help enterprises and government organizations deliver high-quality software at speed with TeamForge, its application lifecycle management suite. According to the vendor, Digital.ai offers innovative solutions, provides consulting and Agile…

13
Altair HyperWorks

HyperWorks is a platform that provides workflows that use domain knowledge and increase product development team productivity. Engineers can move from physics to physics, domain to domain, and even create reports without ever leaving their model. HyperWorks can be used to reate…

14
BlueCherry

CGS’s BlueCherry Enterprise Suite has the built-in capacity to address the fundamental needs of all core management, planning, design and product development, sourcing, manufacturing, logistics and sales functions. With end-to-end capabilities, the BlueCherry Enterprise Suite enables…

15
monday dev

monday dev is a collaboration tool for development teams from Monday.com

16
Enovia

Dassault Systèmes S.A. is a French company and a world leader in the production of 3D design software, 3D digital mock-up and product lifecycle management (PLM) solutions.

17
Jile

Jile from TCS (Tata Consultany Services) is an agile devops platform, supporting users with release management and iteration planning, task management for continuous integration and delivery (CI / CD), and OKR.

18
Aras PLM

The Aras Innovator software is used for product lifecycle management (PLM), advanced product quality planning (APQP), lean product development, and new product introduction (NPI). Aras switched to an open source model in 2007, where clients obtain the software for free, and Aras…

19
Odoo Manufacturing

The Odoo Suite of Manufacturing Apps allows users to automate manufacturing processes.Odoo’s database offers a fully integrated solution to MRP, Quality, Maintenance, and PLM. Odoo MRP allows multi-level BoM tracking, which ties in with the user's whole inventory and product catalog.…

20
Prodmode
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Dedicated to small and mid-sized designers and wholesalers, Prodmode provides software for production, management and sales needs. For the fashion industry, Prodmode offers companies a combined, SaaS ERP (Enterprise Resource Planning) and PLM (Production Lifecycle Management)

21
LeverX IQ Series

LeverX offers the IQ series of product management software tools, for enterprises using SAP. The suite includes: IQ-PWC - Consolidates key product data into a simplified control center, saving users' valuable time on analyzing a pending change event. IQ Product Work Center aggregates…

22
Wikifactory
0 reviews

Wikifactory unifies teams in real-time to enable efficient communication, streamlined workflows, and accelerated time-to-market. Wikifactory is a browser-first design-to-production platform that accelerates the product development lifecycle, connects team and clients, improves CAD…

23
Inmar ProductLifecycle Cloud

The Inmar Intelligence ProductLifecycle Cloud and GoodsSync™ data platform provides merchants with the capabilities they need to address the shopper experience. The Platform provides track and trace capabilities along with the operational technology and infrastructure to manage returns.…

24
Mars PLM
0 reviews

Mars PLM is an SAP addon for ECC and S/4 HANA platforms focused on optimization of Product Lifecycle Management. Mars PLM is focused on collect information about products in a single, visual-oriented and collaborative workspace. Main Mars PLM modules are: Virtual Collaboration…

25
SoftExpert PLM

SoftExpert PLM optimizes each stage of the lifecycle, shortening launch cycles and optimizing costs, helping users to create higher-quality products. Product data can be defined using multiple data points, such as components/parts, documents, bills of material (BOM), machines, instruments,…

Videos for Product Lifecycle Management (PLM) Software

Which is best for your Product Lifecycle Management? Siemen's Teamcenter, Arena PLM & QMS, OpenBOM
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Siemen's Teamcenter (also sold by SAP), Arena PLM & QMS, and OpenBOM are some of the most preferred product lifecycle management tools by users.

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 does Product Lifecycle Management do?

Product lifecycle management (PLM) software enables an organization to manage all aspects of their product development process, from the initial idea through to retirement and disposal.PLM software allows leaders to efficiently manage innovation or iterations to products, designs, or documents. It provides a centralized storage location for all product data, and automated tools streamline and simplify the lifecycle management process.

What are the benefits of using Product Lifecycle Management?

Implementation of PLM software can help an organization reduce prototype costs, increase collaboration, improve quality, shorten time to market, and ensure compliance to industry standards or regulations.

What are the best Product Lifecycle Management products?

These are some of the best Product Lifecycle Management products:


How much does Product Lifecycle Management cost?

Some vendors provide a simple pricing plan for PLM solutions, ranging from $13 to $150 per month. More common are direct requests for a quote, which considers the company size, implementation complexity, and the number of average users. For businesses looking to save on costs, open-source options are available with basic support features.