Product Lifecycle Management Software

Top Rated Product Lifecycle Management 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 Software TrustMap

TrustMaps are two-dimensional charts that compare products based on trScore and research frequency by prospective buyers. Products must have 10 or more ratings to appear on this TrustMap.

Product Lifecycle Management Software Overview

What is Product Lifecycle Management?

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. Automated tools streamline and simplify the lifecycle management process.

Features & Capabilities

Many PLM tools tend to specialize on providing solutions for specific industries. Thus, they may provide just one or several of these things:

  • 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

Benefits of Product Life Cycle 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.

Pricing Information

The cost to implement a PLM solution varies greatly. Some software companies offer a straightforward pricing scheme in the $13 to $150 per month range. However, the cost of most solutions must be obtained by contacting the company for a quote based on your company size, implementation complexity and number of average users.

Product Lifecycle Management Products

(1-25 of 34) Sorted by Most Reviews

Arena PLM and QMS
114 ratings
167 reviews
Top Rated
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 compliance (FDA, IS…
Oracle Agile PLM
17 ratings
14 reviews
Oracle acquired product lifecycle management specialist Agile in 2007. The product Agile PLM (now also known as Oracle Enterprise PLM) is owned and supported by Oracle. The product suite is modular and includes product data management, engineering collaboration tools, and other quality and governanc…
Siemens PLM Teamcenter
18 ratings
12 reviews
Siemens PLM Software (formerly UGS) is a computer software company specializing in 3D & 2D Product Lifecycle Management (PLM) software. The company is a business unit of Siemens Industry Automation division, and is headquartered in Plano, Texas. The Siemens PLM suite includes CAD application sui…
PTC Creo
14 ratings
5 reviews
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, Creo Schematics a…
3 ratings
4 reviews
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 time. The vendor …
2 ratings
3 reviews
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. Sciforma supp…
9 ratings
3 reviews
SAP PLM is one component of the SAP Business Suite which also includes ERP, CRM, SCM, etc. TeamForge, formerly from CollabNet
16 ratings
2 reviews (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, offers innovative solutions, provides consulting and Agile training services, s…
2 ratings
1 review
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 consumer lifes…
Oracle PLM Cloud
0 ratings
1 review
The Oracle Product Lifecycle Management (PLM) Cloud supports product development with collaboration and project portfolio tools, proposal and innovation management, scheduling tools, and other features to support product development teams priced on a monthly subscription basis per user.
0 ratings
1 review
Hyperon is a tool for managing business rules: the instructions that tell an enterprise software how a company runs, like which customers are eligible for which products, or how to dynamically price services in response to changing conditions. Hyperon aims to make it easy for line managers to fine-…
Omnify Empower PLM
0 ratings
1 review
Omnify Empower PLM provides a single, secure location to manage all product information such as parts, documents, engineering changes, and bill of materials. Omnify can be deployed on-premises or in the cloud and offers direct integration with your existing engineering (CAD/CAE) and business (ERP) s…
Aras PLM
5 ratings
1 review
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 Corp provides techni…
2 ratings
1 review
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.
PTC Windchill
12 ratings
1 review
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-date product informa…
Infor CloudSuite PLM
Infor CloudSuite Product Lifecycle Management (PLM) software leverages data across a manufacturer’s enterprise to foster better decision making, from development and design to management and production.
Selerant PLM
Selerant PLM is product lifecycle management software for manufacturers in the food & beverages, personal care/pharmaceutical and specialty chemicals industries. The platform addresses new product development and compliance needs for global enterprises.
CogniDox is document management software for internal departments and project teams to help automate document-centric processes and find information. It is used extensively for quality certification (ISO 9001, ISO 13485) and information security.
TRIMIT Fashion
TRIMIT Fashion makes it easier to run a fashion business. It is an end-to-end business software solution that automates and optimizes your business processes - from development to delivery.Some Benefits You work in one single IT system that is specific to your industry.TRIMIT Fashion is built from a…
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, product specif…
Bamboo Rose Retail Product Lifecycle Management
Bamboo Rose Retail Product Lifecycle Management, from Bamboo Rose headquartered in Boston is a PLM supporting the design and development of retail merchandise.
PAREXEL Perceptive Cloud
Via a collaboration with Microsoft, PAREXEL headquartered in Waltham offers the Perceptive Cloud, a product lifecycle management platform exclusively for pharmaceuticals and life science entities and their development labs.
TULA is a cloud based highly interactive GRC application built with predictive analytics that helps companies and their teams to be proactive about the projects/ programs they execute. With both internal and external sources of data, client will have a holistic view about their Vendors, CROs, Sites…

Frequently Asked Questions

What businesses benefit most from product lifecycle management solutions?

Product lifecycle management solutions are most beneficial for businesses with either a complex product, or multiple products. The more complex product management is, the more benefit a PLM tool can provide.

What are the best product lifecycle management solutions?

The Top Rated PLM tools are as follows:

  1. Arena

Are there any free or open-source product lifecycle management tools?

There are a few free and open-source PLM tools, though selection is very limited. Free PLM tools also tend to be more limited feature wise to proprietary options, and none of them are able to provide ongoing support. Businesses should consider their feature needs, and their need for support when considering an open-source tool.