List Of The 10 Best PLM Software in 2020

This article will help you quickly compare and evaluate the best product lifecycle management software and other PLM solutions.

Product lifecycle management is a process in which companies can track, control, and influence the introduction and growth of their product in order to keep it relevant in the market for as long as possible. PLM solutions are important in eCommerce operations because they provide a central place for managing the development, design, launch, and marketing of a product from start to finish.

In this post, I’ll highlight a few of the best PLM package options for enterprise lifecycle control and give a synopsis of some noteworthy product management tools currently on the market.

PLM Software vs PDM Software

PDM vs PLM…what’s the difference? Product lifecycle management (PLM) and product data management (PDM) share some similarities, namely that they are both centered around processes designed to unify and control a business asset—be it a product/service item or a collection of data. Sometimes these two processes meet in “product data management” operations, which do all of the above.

PLM tools are centered around the planning, design, execution, testing, launch, and marketing of a single product or series of products. PLM is a strategic business approach that touches many areas of the product development ecosystem and can be useful for everyone from engineers to stakeholders.

PLM tends to encompass:

  • Workflows
  • Milestones or stage gates
  • CAD/BOM syncing
  • Change management processes.

PDM tools, on the other hand, are all about the collection, navigation, storage, and security of a different type of asset: data. PDM focuses on being fast and easy to maintain; it is a tool only for engineers and tends to be cheaper than the “all-encompassing” nature of PLM.

PDM tends to encompass:

  • Controlling and maintaining a “master file”
  • Tracking each change with each new version update
  • Assigning part numbers for each part/file across the overarching assembly
  • Digital asset management software 

The Best PLM Software

Here’s a shortlist of the best product management lifecycle software:

  1. SAP PLM
  2. Oracle Agile
  3. Siemens Teamcenter
  4. Bamboo Rose
  5. Aras PLM
  6. Upchain
  7. NGC PLM
  8. Centric Retail PLM
  9. Propel
  10. ProductBoard

PLM Systems FAQ

Have some questions about the processes and tools used across a product lifespan? Check out this handy FAQ.

What is PLM software?

Product Lifecycle Management (PLM) software is a digital tool that helps to manage the resources required to design, launch, test, market, and administrate a product or service. PLM software will most likely have functions to oversee data, processes, business systems, and people/time resources.

What is Database Lifecycle Management?

Database lifecycle management is similar to product lifestyle management in that it is a process by which to navigate the creation, development, marketing, and launch of a commodity or goods. Database lifecycle management, however, is a policy-driven approach to managing data assets, databases, and database-related items in particular.

The Ecomm Manager is reader-supported. When you click through links on our site, we may earn a commission.

Overviews Of The Top PLM Application Options

Here’s a brief description of each of the PLM process tools that are featured on this top 10 PLM software list.

 

1. SAP PLM – A tool that covers project portfolio management, product costing, commercial project management, and product engineering.

SAP PLM - PLM Software - screenshot
Track tasks by name, agent, and release date.

2. Oracle Agile – Comprehensive enterprise PLM solution for managing a product value chain and efficiently centralizing product data.

Oracle Agile - PLM Software - screenshot
Track intended workflow using visualization tools.

3. Siemens Teamcenter – A modern, adaptable product lifecycle management system designed to connect people and processes.

Siemens Teamcenter - PLM Software - screenshot
Use the Requirements Manager to track asset needs.

4. Bamboo Rose – Easily share inspiration, develop big ideas with buyers and suppliers, and socially manage the sourcing and buying community.

Bamboo Rose - PLM Software - screenshot
Product management and marketing with an aesthetic UX.

5. Aras PLM – Open source PLM used by Microsoft and GM that excels in digitally connecting enterprises around a platform for industrial applications.

Aras PLM - PLM Software - screenshot
Offers free PLM software for certain features.

6. Upchain – Cloud-based PLM software that connects everyone in a product team, keeps your CAD data organized, and automates tasks.

Upchain - PLM Software - screenshot
Graphs chart completion and overdue items.

7. NGC PLM – Digital supply chain PLM for elements including planning, merchandising, design, costing, sampling, quality, and sourcing.

NGC PLM - PLM Software - screenshot
A product database gives an easy info overview.

8. Centric Retail PLM – Manage the entire product lifecycle from planning assortments to creating and sourcing products to the final launch.

Centric Retail PLM - PLM Software - screenshot
View images and info for all products.

9. Propel – PLM tools to accelerate time to market, integrate customer feedback, meet local market standards, and conduct manufacturer testing.

Propel - PLM Software - screenshot
LIfecycle phase, cost roll-up, and other details.

10. ProductBoard – Agile product lifecycle management tool with an insights repository, flexible product hierarchy, and product objectives.

ProductBoard - PLM Software - screenshot
This Agile PLM tool offers engaging product boards.

 

Other PLM Tools

Here’s a few more that didn’t make the top list. If you need additional suggestions for product lifecycle management, check these out.

  • Opentext – Application installation, system refresh, and upgrades, system administration support, training and certification, and infrastructure standards.
  • 4G:PLM – A seamless CAD/PDM engineering environment with optimizing design, implementation, control, and change for Small to Medium-Sized Companies.
  • Arena PLM – Cloud PLM with reporting and business-ready BI, eCAD/mCAD integrations, and ERP/purchasing integrations.
  • PTC Windchill – PLM software with comprehensive out-of-the-box functionality and the highly-configurable role and task-based apps.
  • ENOVIA – A flexible PLM tool for continuous optimization, real-time progress tracking, and compliance with standards and regulations.
  • Aras Innovator PLM – Tools to manage product development, multi-site manufacturing, supply chain operations, and quality compliance.
  • Sterling PLM – A flexible platform for compliance-driven product development that can automate time-consuming, manual processes.
  • Hexagon – Access a host of offerings in their Product Family, including tools for 3D design and visualization, building and infrastructure, and asset lifecycle.
  • PDXpert – A complete PLM solution with free-form search, drag-and-drop BOMs, point-and-click configuration, and custom import and export plug-ins.
  • Autodesk Fusion Lifecycle PLM – Automate workflows, key tasks and delivering timely information—all on the cloud, so everyone has access to the data.

 

What Do You Think About the Above Lifecycle Management Software?

Have you tried out any of the software product life cycle tools listed above? What product lifecycle management marketing tools would you add to this list? Let us know in the comment section.

Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.

Read More
SEO Reporting Dashboard Featured Image
10 Best SEO Reporting Tools For Agencies in 2020