- 1. New Relic — Best for product lifecycle management through real-time performance insights and analytics
- 2. Productboard — Best for tech companies
- 3. Propel — Best for those in the Salesforce ecosystem
- 4. Upchain — Best for SMBs
- 5. Andromeda PLM by NGC — Best for manufacturing giants
- 6. Aras PLM — Best for North American teams
- 7. Siemens Teamcenter — Best for companies with advanced needs
- 8. Centric Retail PLM — Best for multicategory retail companies
- 9. Bamboo Rose — Best for multi-enterprise supply chains
- 10. ClickUp — Best collaborative, free PLM software
Product teams work diligently to track, control, and influence the introduction and growth of their product to keep it relevant in the market for as long as possible. And PLM solutions are one of the best ways to manage the product design, development, launch, and marketing of a product from start to finish.
This article will help you quickly compare and evaluate the best product lifecycle management software and other PLM solutions.
What is PLM software?
Product Lifecycle Management (PLM) software is a cloud-based tool that helps to manage the resources required to design, launch, test, market, and administrate a product or service. Product managers and product development teams rely on the software to plan and manage their work and see new products and features through to completion. It has features that help you oversee data, processes, business systems, and people/time resources.
New Relic is a SaaS product that's all about application performance management (APM) and software analytics. It helps you monitor and manage the performance of your software and web applications in real-time. It's great for businesses of all sizes, especially those with complex software environments. It's also perfect for developers and IT operations teams who need to keep a close eye on how their applications are performing.
The platform gives you deep, granular insights into your software's performance. It's not just about uptime and response times, it's about understanding the user experience, tracking errors, and identifying bottlenecks. It's like having a microscope for your software.
New Relic's APM gives you real-time performance metrics for all your applications. The error tracking feature helps you pinpoint and fix issues before they affect your users. And the user experience monitoring helps you understand how they interact with your software.
Features include backend monitoring, Kubernetes monitoring, mobile monitoring, model performance monitoring, infrastructure monitoring, log management, error tracking, network monitoring, vulnerability management, and browser monitoring.
Integrations include over 500 apps, like AWS, Google Cloud, and Microsoft Azure, CI/CD tools like Jenkins, CircleCI, and Travis CI, communication tools like Slack and PagerDuty, and other monitoring and analytics tools like Grafana, Datadog, and Splunk. It also has an API you can use to build custom integrations.
New Relic costs from $49/user/month and offers a free plan for 1 user and 100 GB/month of data ingest.
Productboard is an agile product management tool best suited for digital industries that lets users scrap spreadsheets, consolidate user feedback, define product strategy, earn buy-in for plans, and preserve existing workflows. Productboard is an IoT company trusted by customers like Zoom, Zendesk, and Avast.
Productboard has a pleasant visual interface that maps insights out into product ideas and features that make it easy to create timely and relevant products using organized and detailed information from different sources across the production process.
Because Productboard caters to clients in tech, many features can take more time to learn. More training videos and tutorials would be helpful to users who are just getting started with such robust software.
Productboard costs from $20 and offers a 15-day free trial.
Propel is a cloud-native product solution that allows its users to gather and optimize new product introduction, collaborate on a company-wide scale, design quality data databases, and leverage productivity tools. Propel even offers accessibility through your phone using their smart mobile app.
Propel is a user-friendly platform that helps you stay organised with workflow customization features that enable you to provide customers with better service, monitor product details and operations, and even compare revisions details.
Because Propel is built on Salesforce, having no previous experience with Salesforce may result in an additional learning curve.
Propel offers a free demo and customized pricing is available upon request. Note that Propel offers packages with a minimum of 10 users.
Upchain is a cloud PLM software solution for modern manufacturing that allows users to securely collaborate on a global scale. Upchain enables users to work together in real time to keep projects going without delays, allowing you to stay within budget. Upchain comes with CAD and Microsoft Office plugins, BOM management, API integrations, ECR creation and management and so much more.
Upchain provides users with a single source of truth where documentation is easily accessible and their cloud technology makes it so that no matter where team members and collaborators are, all the information is available to everyone. Their transparent and modest pricing makes them a great PIM starting point for small and medium businesses.
As Upchain continues to improve its services, many features customers are looking for are still in the works. One thing they’ve managed to overlook is the fact that their tutorials have now become outdated. It doesn’t help that some terms may cause confusion in entry-level users.
Upchain costs from $30/user, offers 3 pricing plans, and a free demo.
Andromeda PLM by NGC is a cloud-based product lifecycle management system made for the fashion and footwear industries. It comes with features for planning, merchandising, design, costing, sampling, quality, bill of materials creation, and sourcing. It’s also equipped with workflow calendars and customisable dashboards.
With Andromeda PLM by NGC, companies can create a database of all the information necessary for the manufacturing processes all the way through launch and marketing. Transactions are a breeze with no more missing information from suppliers, vendors, and collaborators. Technical specifications are standardised and quickly understood by manufacturers.
Andromeda PLM comes across as slightly outdated when it comes to their graphical user interface. Cutting edge brands may not feel inspired by the lackluster UI or stale. Text-heavy layout. However, beauty is in the eye of the beholder and this can all be overlooked.
Andromeda PLM by NGC offers a free demo and customized pricing is available upon request.
Aras Innovator is trusted by companies such as GE, Honda, Motorola, and XEROX and is used in almost 150 countries. It comes with the following features: new product development and introduction, multi-CAD data management and visualization, project management, and configuration and change management.
Aras Innovator makes it easy to connect with other software through its many integrations, allowing users to put things in and pull things out of the software without much trouble.
Unfortunately for more simple users, Aras Innovator can come off as a rather sophisticated or more advanced piece of software. There are a lot of opportunities to customize but it’s not easy doing so, making it seem like Aras Innovator enjoys making users rack up on their number of clicks within the software.
Aras Innovator offers pricing details upon request.
Teamcenter is Siemens PLM software—an adaptable product lifecycle management system that’s deployable on-premise or by cloud SaaS that has features for BOM management, change management, document management, and NX integration among others. It promises to connect people and processes across domains and departments and throughout your supply chain.
Siemens Teamcenter has a simple interface that makes the software easy to understand and use. CAD history and revisions are accessible and easy to import and export, toolbars are customizable, and viewing 3D models without the need for integrations makes Teamcenter one of the best in the market.
Because Siemens Teamcenter caters to more comprehensive and advanced needs, opening large data files, 3D models, tends to cause delay and lag. Some may find navigation a bit of a challenge due to the sheer number of features within the software.
Siemens Teamcenter offers a 30-day free trial and customized pricing is available upon request.
Centric Retail PLM comes with features that let users speed up time to market, increase product introduction success, boost product innovation, launch more SKUs, get closer to customers, lower COGS & improve product margins, streamline private/white label and supplier co-created development, and maximize product assortment value.
Centric Retail PLM not only serves as a central process and storage solution, it is also a global platform that allows companies to respond to their customers and communicate with team members no matter where they are.
Centric Retail PLM is designed for companies with thousands of suppliers, vendors, retailers, and products in mind and so the many features in the software, a number of them customizable, may pose a challenge to new users.
Centric Retail PLM offers a free demo and customized pricing is available upon request.
Bamboo Rose is a multi-enterprise and supply chain platform that strives to reduce cycle time and sampling costs through a variety of productivity and efficiency features. The tool can help by giving users one version of truth, real-time design and product development processing features, standardized design elements, and collaborative 3D designing, as well as a strong private label product portfolio.
Bamboo Rose enables users to work with various suppliers in one platform, streamlining multiple processes and getting rid of siloed information. The platform makes it easy to see all the relevant data across different aspects of the development and production cycle.
Bamboo Rose is packed with features which means that there could be a learning curve in terms of navigation and feature set mastery.
Bamboo Rose provides pricing details upon request.
ClickUp is PLM software that offers everything from task lists, collaborative docs, in-app chat, and goal tracking. Thanks to a broad range of features, they can help you manage all the moving parts of your product lifecycle. ClickUp is currently used by over 800,000 teams across companies like Samsung, Belmond, Booking.com, and IBM.
Key features include various customizable task status reports, bug and issue tracking, sprint automations, marketing campaign management, drag-and-drop content schedules, collaborative mind maps, and Form automations for customer feedback.
ClickUp offers native integrations with Slack, G Suite, Dropbox, and many more tools, as well as over 1,000+ integrations through Zapier.
ClickUp is free to use for unlimited users with some feature limitations. Paid plans cost from $5/user/month and offer a 30-day refund policy if you’re unsatisfied with the app.
Best for product lifecycle management through real-time performance insights and analytics
Free version available
|From $49/user/month||Visit Website|
Best for tech companies
15-day free trial
|From $25/user/month||Visit Website|
Best for those in the Salesforce ecosystem
Free demo available
|Pricing upon request||Visit Website|
Best for SMBs
|From $30/user||Visit Website|
Andromeda PLM by NGC
Best for manufacturing giants
|Pricing Upon Request||Visit Website|
Best for North American teams
|Pricing Upon Request||Visit Website|
Best for companies with advanced needs
30 days free trial
|Pricing Upon Request||Visit Website|
Centric Retail PLM
Best for multicategory retail companies
|Pricing Upon Request||Visit Website|
Best for multi-enterprise supply chains
|Pricing Upon Request||Visit Website|
Best collaborative, free PLM software
Freemium plan available
|From $9/user/month||Visit Website|
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 - Best for information management
- 4G:PLM - Best for growing small to medium sized businesses
- Arena PLM - Best for high tech electronics manufacturers
- PTC Windchill - Best for geographically-distributed teams
- ENOVIA - Best for industrial manufacturing
- Sterling PLM - Best for the automotive industry
- Hexagon - Best for structural engineering
- PDXpert - Best for the process control industry
- Autodesk Fusion Lifecycle PLM - Best for engineering and construction
- 3DEXPERIENCE Platform | TECHNIA - Best for aerospace & defense industries
Selection Criteria for the Best Product Lifecycle Management Software
Here are the top factors I took into consideration while putting together my list of top PLM software solutions:
As a baseline, a PLM system should help you streamline and automate various processes within your product management lifecycle. This means having resource management tools and the ability to oversee the team members and time that contributes to your product’s development. It should also have process management capabilities to facilitate each stage of the product lifecycle.
Here are a few specific key features I looked for in the PLM platforms I tested:
- Product roadmapping: The ability to outline the stages of your product’s development and plan projects and features. Bonus points if there are templates available.
- Product information management: This includes bill of materials or BOM management and the storage of other important data and documents.
- Quality management: Any tools that help with quality control and testing, as well as regulatory compliance for your products.
- Portfolio management: It’s great to be able to manage your entire product portfolio in the same PLM system.
- Analytics and reporting dashboards: The ability to monitor product performance metrics in real-time and assess opportunities for improvements.
The user-friendliness of software solutions is always important to me. It’s frustrating when a tool that’s meant to support your team takes too long to implement and get the hang of. I looked for PLM platforms with simple user interfaces and intuitive functionality.
Ideally, you’ll want a PLM software that connects to your other important product development tools. I looked for software that integrates with computer-aided design (CAD) software, project management software, and enterprise resource planning (ERP) software. I also kept an eye out for tools that could import data from spreadsheets or have APIs you can use to build custom integrations.
What is Product Lifecycle Management?
What’s the Difference Between PLM Software and PDM Software?
Other Product Management Software Reviews
Looking for more software to support your product team? Here are some other software reviews we’ve written:
- Digital asset management software
- Agile PLM software
- Product Design Software For 3D/2D Rendering
- ALM Software For Managing Digital Product Life Cycles
What Do You Think About the Above Product 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.