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 productivityUses 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 SiemensTeamcenter 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.Features- 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 mockupsScreenshots of Teamcenter by SiemensLifecycle overviewIssue ManagerSystem engineeringResultsLikes- 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 Dislikes- 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 productivitySupported industries- Automotive and Transportation- Aerospace and Defense- Energy and Utilities- Industrial Machinery- MarineOther detailsDeploymentCloud, SaaS, Web-BasedSupportChatTrainingIn-Person, Live Online, Webinars, DocumentationCustomer ratingsIn-person, Live Online, Webinars, DocumentationUser 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 PLMThe 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. Features- Maximized scalability and serviceability- Easy collaboration between partners- AffordabilityScreenshots of ArenaEveryroad gps BOMBasic InformationLikes- Easy documentation- Smooth functioning interfaces- Simple BOM structure- Good analytic capabilities- User-friendly interface- Accurate tracking of changes - Accommodates adjustments in settings.Dislikes - 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 trackSupported industries- Aerospace and Defense- Computer Networking and Hardware- Transportation Electronics- Biotechnology- Medical DevicesOther detailsDeploymentCloud, SaaS, Web-BasedSupported deviceMac, WindowsSupported LanguagesEnglish, French, SpanishSupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, ChatTrainingIn-Person, Live Online, Webinars, Documentation, VideosCustomer ratingsCapterra: 4.2 out of 5 (45+ reviews) G2: 4.2 out of 5 (282+ reviews)User opinionArena'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.Features- 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 managementScreenshots of Autodesk Fusion Lifecycle ProductsMain menuLikes- Easy collaboration- Access to data- Good user interface- Visualization of product availableDislikes- Cloud navigating makes it slow- Problem with third-party controlsOther detailsDeploymentCloud, SaaS, Web-BasedSupported deviceWindows, Android, iPhone, iPadSupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, ChatTrainingIn-person, Live Online, Webinars, Documentation, VideosCustomer 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. Features- 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.Likes - Good features and components- Structured BOM- Cost-effective solution Dislikes - The licensed version is costly- Not scalable - BOM management does not support many filesSupported industries- Automotive- Communications- Consumer goods- Healthcare- Hightech- Oil and GasOther detailsDeploymentCloud, SaaS, Web-BasedSupportFAQs/Forum, Knowledge BaseTrainingVideosCustomer 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 SoftwareSAP 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.Features- Resource and portfolio management- Management of product design, product development, costing, and compliance - BOM and documentationScreenshots of SAP PLMCompare bills of materialMultilevel comparison resultsLikes- 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)Dislikes- UX design can be improved- Migration troubles (from ERP)Supported industries- Automotive- Banking- Consumer products- Oil, Gas, and Energy- RetailOther detailsDeploymentCloud, SaaS, Web-BasedSupported deviceWindows, Mac, LinuxSupportFAQsEmail/Help Desk, Phone Support, 24/7 (Live Rep), Knowledge BaseCustomer 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.6. ENOVIAEnovia 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.Features- Connecting people, ideas, processes, and data- Strategic project planning - Building a good value chain- Provides virtual development - Reducing design time and overheadLikes- Easy to work- Easy collaboration- Involvement of all stakeholders in the processDislikes- No help section in the FAQ section- User interface needs improvement- Slow loading of pagesSupported industries- Aerospace and Defense- Transportation and Mobility- Life Sciences and Healthcare- Home and LifestyleOther detailsDeploymentCloud, SaaS, Web-BasedSupported languagesGerman, English, French, Japanese, Korean, Spanish, Chinese (Simplified)SupportEmail/Help Desk, Phone SupportCustomer 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.