10 Best Product Lifecycle Management Software of 2024

Last updated on by Editorial Staff
Product Lifecycle Management Software

Any company would aim to improve productivity, quality, and collaboration, boost creativity, and speed up the product release time.

Here, product life cycle management software plays a major role. They handle the life cycle of the product at every single stage in an efficient manner. 

Additionally, its process management capabilities facilitate the seamless execution of the PLM framework. By leveraging these features, organizations can optimize their workflows and enhance productivity throughout the entire product lifecycle.

This blog post helps you decide on the right product lifecycle management software to aid your enterprise by giving you an insight into the ten best PLM software, including their features, likes, and dislikes.

What is Product Lifecycle Management Software?

Product lifecycle management software is a platform to manage the complete data and operations details at every stage of a product’s life, from conception, manufacturing, servicing, and sales or service life across a wide network of companies and individuals.

This typically constitutes information regarding the product’s various components, documentation, new design, modifications, quality-related activities, marketing, and sales. 

The product lifecycle management software combines with many systems like ERP, MES, CAD, etc. It is a multi-user platform that allows people with different responsibilities and access to an organization to use it.

Important features for a platform to qualify to be a product lifecycle management software:

  • Management of the design and process documents of the product
  • Provision for an Information repository, which is centralized
  • Management of workflow and process management for any modifications approval 
  • Secured access for multiple users (electronic signature)
  • Automated tools for improving productivity

Uses of PLM software

  • Improve productiveness
  • Faster time to market products
  • Reduction in production costs
  • Centralization of data
  • Integration of business operations
  • Reduction of integrity risk
  • Good analysis of data 

Here is the list of the top PLM software.

1. Teamcenter by Siemens

Teamcenter software is a state-of-the-art platform with versatile PLM solutions that digitally connects people and processes across the operations of the various departments of a business to work creatively.

The results will remain the same regardless of the approach used to employ this software, like on a cloud, SaaS-delivered via Teamcenter X, or on-premises.

The software helps speed up the product development process and easily overcome any difficulties arising.

Siemens Teamcenter


  • Adaptable PLM infrastructure 
  • Managing changes in workflow and operations
  • Handling BOM, documentation, reports, and publications
  • Managing electronic design, mechanical design, software, and manufacturing
  • Managing the Manufacturing data, process, and materials from design to production 
  • Sustainability and satisfying environmental norms
  • Cost, planning, and product execution
  • Quality planning
  • Research and analysis
  • Managing the manufacturers, i.e., sources, and supplier interactions
  • Provide digital mockups

Screenshots of Teamcenter by Siemens

Teamcenter Lifecycle overview
Lifecycle overview
Teamcenter issue manager
Issue Manager
Teamcenter System engineering
System engineering
Overview of TeamCentre by Siemens


  • Stability in functioning
  • Smooth integration with CAD, SAP, and NX
  • Intuitive and easy accessibility of modules 
  • Easy configuration and application from different processes
  • Easy management of processes and collaborations 
  • Enhances productivity 


  • Difficulty in navigating the UI
  • Options for customization are limited
  • The system can slow down and hang
  • Improvements needed in graphic card configuration to handle data files
  • It does not integrate with CATIA and Solidworks. 
  • Pricing can be revised. 
  • The software’s unintuitive interface requires training to achieve proficiency
  • Hinders ease of use
  • Occasional performance slowdowns, disrupting workflow and productivity

Supported industries

  • Automotive and Transportation
  • Aerospace and Defense
  • Energy and Utilities
  • Industrial Machinery
  • Marine

Other details

DeploymentCloud, SaaS, Web-Based
TrainingIn-Person, Live Online, Webinars, Documentation
Customer ratingsIn-person, Live Online, Webinars, Documentation

User opinion 

Teamcenter software is an advanced system for digital collaboration across a business’s departments.

It supports product development and assists with any challenges that may arise, whether the software is used via the cloud, SaaS-delivered (Teamcenter X), or on-premises.

2. Arena PLM

The cloud PLM platform from Arena PLM is built to face any hurdles during the entire process of product development.

It aids in-house teams and their external partners to work in sync to design, produce, and deliver a product with the fastest possible solution while being cost-effective and highly productive.

It also complies with environmental and regulatory norms for FDA, ISO, ITAR, and EAR. Arena supports over 1000 state-of-the-art and multi-faceted customers in the electronics and medical devices industry to find a common solution for electrical, mechanical, and software designs. 

Webpage of Arena


  • Maximized scalability and serviceability
  • Easy collaboration between partners
  • Affordability

Screenshots of Arena

Everyroad GPS BOM
Everyroad gps BOM
Everyroad GPS
Basic Information


  • Easy documentation
  • Smooth functioning interfaces
  • Simple BOM structure
  • Good analytic capabilities
  • User-friendly interface
  • Accurate tracking of changes 
  • Accommodates adjustments in settings.


  • Licensing is expensive
  • Problems with integration tools for XPLM and Solidworks
  • The search option is not handy.
  • Processing bulk changes in multiple steps is sluggish
  • It lacks intuitiveness, making it challenging for users to navigate and understand its functionalities
  • The lack of clear guidance on next steps leaves users confused and unsure how to proceed within the software
  • The absence of clear indicators for incomplete submissions can lead to errors and rework, hindering efficiency
  • Software revision management is cumbersome and difficult to track

Supported industries

  • Aerospace and Defense
  • Computer Networking and Hardware
  • Transportation Electronics
  • Biotechnology
  • Medical Devices

Other details

DeploymentCloud, SaaS, Web-Based
Supported deviceMac, Windows
Supported LanguagesEnglish, French, Spanish
SupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
TrainingIn-Person, Live Online, Webinars, Documentation, Videos
Customer ratingsCapterra: 4.2 out of 5 (45+ reviews) G2: 4.2 out of 5 (282+ reviews)

User opinion

Arena’s Cloud PLM platform is designed to overcome any issues during product development and enables teams and partners to collaborate quickly and cost-effectively.

It ensures compliance with environmental and regulatory standards such as FDA and ISO while providing features like scalability, serviceability, easy collaboration between partners, and affordability.

3. Autodesk Fusion Lifecycle 

Autodesk Fusion Lifecycle is a cloud-based product lifecycle management software that aids in determining and automating processes. It keeps checking the product development and workflow going forward without any hurdles.

It can incorporate; a single centralized data source, BOM, Change Management, Quality Management, Supplier Collaboration, and Product Data Management.

Webpage of Autodesk Fusion Lifecycle 


  • Collaborations with your global supply chain and enhance efficiency
  • Shorten target dates and fast-track the process of product development
  • Centralized source of data for the entire process, managed BOM and materials
  • Aids engineering division with changes with organizing, managing, and tracking product data, revisions, and releases
  • Provision for change management and quality management

Screenshots of Autodesk Fusion Lifecycle 

Products Of Autodesk Fusion Lifecycle 
Main Menu Of Autodesk Fusion Lifecycle 
Main menu


  • Easy collaboration
  • Access to data
  • Good user interface
  • Visualization of product available


  • Cloud navigating makes it slow
  • Problem with third-party controls

Other details

DeploymentCloud, SaaS, Web-Based
Supported deviceWindows, Android, iPhone, iPad
SupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
TrainingIn-person, Live Online, Webinars, Documentation, Videos
Customer ratingsCapterra: 4.3 out of 5 (1952+ reviews)

User opinion 

Autodesk Fusion Lifecycle is a cloud-based PLM solution that can be implemented quickly and easily in organizations of any size.

It is accessible from either a desktop or a mobile device, offering centralized data storage and tools such as BOM, change management, quality management, supplier collaboration, and product data management.

4. Oracle Agile PLM 

Oracle Agile PLM platform is the latest all-inclusive software available for the industry to adopt. It contains all the main elements that handle product value chains efficiently.

As a result, this collaborative software helps the choicest projects to reach the market faster. 

Webpage of Oracle Agile


  • Comprehensive and well-connected platform
  • Quality management tackles any issues arising in the process.
  • Streamlined corrective actions
  • Exploring data-driven insights
  • Portfolio management helps manage plans, human resources, materials, and other resources required to be invested in new product development.


  • Good features and components
  • Structured BOM
  • Cost-effective solution 


  • The licensed version is costly
  • Not scalable 
  • BOM management does not support many files

Supported industries

  • Automotive
  • Communications
  • Consumer goods
  • Healthcare
  • Hightech
  • Oil and Gas

Other details

DeploymentCloud, SaaS, Web-Based
SupportFAQs/Forum, Knowledge Base
Customer ratingsCapterra: 4.2 out of 5 (21+ reviews), G2: 4.0 out of 5 (67+reviews)

User opinion 

Oracle Fusion Cloud PLM helps teams work together to prioritize and manage data required for innovation and releasing new products and services. It ensures that processes within the supply chain and development teams are unified and efficient.

Some of the features it offers are Product management and lifecycle analysis, cost and quality management, Product collaboration and portfolio management, documentation, manufacturer and supplier management, quality control of PLM processes, and many more.

5. SAP PLM Software

SAP PLM software lends support to product realization processes. It may also be used along with SAP and other products.

In addition, it helps provide faster and better decision-making on product blueprints to satisfy various customized requirements of the customers.

Webpage of SAP PLM Software


  • Resource and portfolio management
  • Management of product design, product development, costing, and compliance 
  • BOM and documentation

Screenshots of SAP PLM

BOM of SAP PLM software
Compare bills of material
Multilevel Comparison Results
Multilevel comparison results


  • Easy creation of documents and BOM
  • Adaptable integration solutions (ERP) 
  • Monitoring the progress of the product
  • Well-connected with all the departments involved (Design, hardware, software engineering, and services)


  • UX design can be improved
  • Migration troubles (from ERP)

Supported industries

  • Automotive
  • Banking
  • Consumer products
  • Oil, Gas, and Energy
  • Retail

Other details

DeploymentCloud, SaaS, Web-Based
Supported deviceWindows, Mac, Linux
SupportFAQsEmail/Help Desk, Phone Support, 24/7 (Live Rep), Knowledge Base
Customer ratingsCapterra: G2: 4.4 out of 5 (12+reviews)

User opinion 

SAP PLM software can be used with other SAP products to offer support for the product realization processes.

It provides faster and more accurate decision-making on product blueprints to meet customer requirements, such as resource/portfolio management, product design and development, costing, compliance management, BOM, documentation capabilities, etc.


Enovia PLM platform aids teams across the value chain to seamlessly carry out innovation and collaboration in any field of business.

It helps the product reach the market smoothly and successfully. All team members can securely access PLM data inside and outside.

Webpage of Enovia


  • Connecting people, ideas, processes, and data
  • Strategic project planning 
  • Building a good value chain
  • Provides virtual development – Reducing design time and overhead


  • Easy to work
  • Easy collaboration
  • Involvement of all stakeholders in the process


  • No help section in the FAQ section
  • User interface needs improvement
  • Slow loading of pages

Supported industries

  • Aerospace and Defense
  • Transportation and Mobility
  • Life Sciences and Healthcare
  • Home and Lifestyle

Other details

DeploymentCloud, SaaS, Web-Based
Supported languagesGerman, English, French, Japanese, Korean, Spanish, Chinese (Simplified)
SupportEmail/Help Desk, Phone Support
Customer ratingsCapterra: G2: 4.4 out of 5 (12+reviews), G2: 4.1 out of 5 (73+reviews)

User opinion 

Enovia PLM connects people, ideas, processes, and data to help teams collaborate and pioneer in any field of business. It provides a smooth and successful product launch that can securely access by members inside and outside the team.

Moreover, it features strategic project planning, building a good value chain, and virtual development, reducing design time and overhead.

7. Aras PLM

Aras PLM is an open architecture platform that allows the creation of tailor-made client solutions.

This low-code technology provides fast and upgradeable solutions for the entire lifecycle of sophisticated products in all engineering, manufacturing, and maintenance processes. 

Webpage of Aras


  • Takes care of the manufacturing process planning, design, engineering, and quality.
  • Adaptable to any business changes.
  • Documentation and BOM

Screenshots of Aras PLM

Project page view of Aras
Project modification
BOM of Aras
Bills of material
BOM Structure of Aras
BOM structure


  • Controls both business and finances
  • Wide range of toolsets


  • Some technical issues
  • Slower functioning 

Supported industries

  • Aerospace and Defense
  • Automotive
  • Medical devices
  • High-Tech Electronics

Other details

DeploymentCloud, SaaS, Web-Based
Supported deviceMac, Windows
SupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), Chat
TrainingIn-person, Videos
Customer ratingsCapterra: G2: 3.4 out of 5 (7+reviews), G2: 3.7 out of 5 (13+reviews)

User opinion 

Aras PLM is an open architecture platform that enables the development of custom-made solutions unique to a client’s needs.

This low-code technology is efficient and upgradeable, offering comprehensive support for the entire lifecycle of complex products at all levels of engineering, manufacturing, and maintenance operations.

Additionally, Aras PLM ensures to take care of the design, engineering, and quality materials during manufacturing. It can seamlessly adapt to any business adjustments with its well-documented bill of materials (BOM).

8. Propel

Propel is a cloud-based PLM platform that offers to develop, enhance, and set into motion the product into the market. Easy-to-use software connects all the components of a product to yield good results.

Webpage of Propel


  • Collaboration across the value network
  • Documentation and BOM
  • Offers change management, quality management, tasks, and requirements
  • Product information management

Screenshots of Propel

Reports of Propel
Item Revisions Propel
Item revisions
Projects of Propel


  • User friendly
  • Easy to customize


  • Cannot maintain complete BOM
  • Management of notifications is not good
  • Managing training requirements through the back-end interface is tedious and inefficient

Supported industries

  • Medical Device
  • High Tech
  • Consumer Goods
  • Industrial Products

Other details

DeploymentCloud, SaaS, Web-Based
Supported languagesDanish, German, English, French, Italian, Japanese, Korean, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish, Thai, Chinese (Simplified)
SupportEmail/Help Desk, Knowledge Base, Phone Support, Chat
TrainingIn-Person, Live Online, Webinars, Documentation, Videos
Customer ratingsCapterra: G2: 5.0 out of 5 (1+reviews), G2: 4.1 out of 5 (83+reviews)

User opinion 

Propel is a cloud-based, user-friendly PLM software that develops, refines, and launches products into the market. This software coordinates the several components of product development for optimal results.

It also provides collaboration across the value chain, along with change management, quality management, tasks & requirements, and product information management underpinned by relevant documentation & BOMs.

9. Windchill

Windchill is a PLM system by PTC with open architecture. It aids in easy integration and provides a strong base for any product-driven digital thread. You can use it on Windows, Linux, and UNIX. 

Webpage of Windchill


  • Offers package deals for both experts and non-experts 
  • Multi-system data handling
  • Data upgradation and systematized automation
  • Provides both cloud and on-premises delivery (secure and fast)

Screenshots of Windchill

Windchill Quality Solutions
Quality solutions
Navigate Page View of Windchill
Navigate page view
BOM Data view Windchill


  • Compatibility
  • Supports multiple users and multiple devices
  • Visually compares and validates product management process 
  • Provides BOM
  • Provision for interface customization for user


  • Search and navigation can be improved
  • Customer support needs to improve
  • The high frequency of bugs and issues necessitates constant admin intervention, hindering productivity and workflow
  • Poor usability directly contributed to delays in ABB’s portfolio, highlighting the software’s inadequacy for their needs
  • New users find Windchill extremely difficult to use due to its unintuitive interface and excessive clicking requirements

Supported industries

  • Aerospace and Defense
  • Automotive
  • Electronics and High-Tech
  • Life and sciences
  • Oil and Gas
  • Retail and Consumer Products
DeploymentCloud, SaaS, Web-Based
Supported languagesDanish, German, English, French, Italian, Japanese, Korean, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish, Thai, Chinese (Simplified)
SupportEmail/Help Desk, Knowledge Base, Phone Support, Chat
TrainingIn-Person, Live Online, Webinars, Documentation, Videos
Customer ratingsCapterra: G2: 5.0 out of 5 (1+reviews), G2: 4.1 out of 5 (83+reviews)

User opinion 

Windchill is one of the PLM tools with an open architecture for effortless integration and a powerful backbone for digital products. It is compatible with Windows, Linux, and UNIX systems, providing packages for experts and amateurs.

It can manage multi-system data, upgradation of data, and automate systemization. It caters to both secure cloud and on-premises delivery options.

10. Bamboo Rose

Bamboo Rose, retail product lifecycle management, is a unique platform to transform design concepts from development and testing to branding and sales.

It can support complex and undemanding lifecycle management processes to deliver the goods well in time at the appropriate marketplace.

In addition, it allows retailers and suppliers to work in unison to develop quality products with a few reduced cycle times.

Webpage of Bamboo Rose


  • Automatic adjustments to market variations and design changes
  • Handling all BOMs and documentation through the process
  • Innovatory designing of all products
  • Shorter cycle times
  • Reduced sampling costs 

Screenshots of Bamboo Rose

Product development page view of Bamboo Rose
Product development
Purchase Order of Bamboo Rose
Purchase order
Overview of Bamboo Rose
Data analytics
Request Quote Overview of BambooRose
Request quote


  • Creative digital rooms for collaboration
  • Automation of import and export


  • Limited integration capabilities with external software
  • Certain users perceive the platform as complex
  • A steep learning curve can be time-consuming
  • Costly option for small-scale enterprises
  • It suffers from inconsistencies in design and functionality across different application modules.
  • The software’s initial navigation is challenging

Supported industries

  • Fashion and Apparel
  • Food and Consumables
  • General merchandise

Other details

DeploymentCloud, SaaS, Web-Based
SupportAndroid, iPhone, iPad
SupportEmail/Help Desk, Phone Support
Customer ratingsCapterra: G2: 5.0 out of 5 (1+reviews), G2: 3.8 out of 5 (8+reviews)

User opinion 

This PLM platform offers a comprehensive solution for designing, testing and developing branded and private-label products.

Bamboo Rose PLM ensures the production of quality products quickly and efficiently and supports the right products to reach the market at the desired time at a competitive price.

Note: Pricing details are not provided on the official website of the above software. You need to contact the vendor for the details.


In conclusion, a suitable PLM software is essential to seamlessly connect businesses throughout the product value chain. This blog post discussed several necessary resources to help you make an informed decision when choosing a PLM software solution.

By effectively managing quality control, resources, documentation, research and development, and sales and marketing. The right PLM software can empower businesses to thrive in today’s demanding marketplace.

We hope your journey from product conceptualization to product realization gets fruitful after going through the post.