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10 Best Product Lifecycle Management (PLM) Software In 2023

The Best PLM Software List

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

  1. 1. New Relic — Best for product lifecycle management through real-time performance insights and analytics
  2. 2. Productboard — Best for tech companies
  3. 3. Propel — Best for those in the Salesforce ecosystem
  4. 4. Upchain — Best for SMBs
  5. 5. Andromeda PLM by NGC — Best for manufacturing giants
  6. 6. Aras PLM — Best for North American teams
  7. 7. Siemens Teamcenter — Best for companies with advanced needs
  8. 8. Centric Retail PLM — Best for multicategory retail companies
  9. 9. Bamboo Rose — Best for multi-enterprise supply chains
  10. 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.

Overviews Of The Top PLM Software

Here’s a brief description of each of the PLM software tools that are featured on my top 10 list. I’ve added screenshots of each platform’s user interface as well as notes on its best use case and overall functionality.

1

New Relic

Best for product lifecycle management through real-time performance insights and analytics

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.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.3 415

Free version available

From $49/user/month

2

Productboard

Best for tech companies

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.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.3 197

15-day free trial

From $25/user/month

3

Propel

Best for those in the Salesforce ecosystem

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.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.5 122

Free demo available

Pricing upon request

4

Upchain

Best for SMBs

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.

Free Demo

From $30/user

5

Andromeda PLM by NGC

Best for manufacturing giants

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.

Pricing Upon Request

6

Aras PLM

Best for North American teams

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.

Pricing Upon Request

7

Siemens Teamcenter

Best for companies with advanced needs

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.

30 days free trial

Pricing Upon Request

8

Centric Retail PLM

Best for multicategory retail companies

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.

Pricing Upon Request

9

Bamboo Rose

Best for multi-enterprise supply chains

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.

Pricing Upon Request

10

ClickUp

Best collaborative, free PLM software

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.

This is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.
4.7 4135

Freemium plan available

From $9/user/month

The Top PLM Software Comparison Chart

Here is a table where you can compare the tools we just covered in the overviews.

Tool Free Option Price
1
New Relic

Best for product lifecycle management through real-time performance insights and analytics

Free version available

From $49/user/month Visit Website
2
Productboard

Best for tech companies

15-day free trial

From $25/user/month Visit Website
3
Propel

Best for those in the Salesforce ecosystem

Free demo available

Pricing upon request Visit Website
4
Upchain

Best for SMBs

Free Demo

From $30/user Visit Website
5
Andromeda PLM by NGC

Best for manufacturing giants

Not available

Pricing Upon Request Visit Website
6
Aras PLM

Best for North American teams

Not available

Pricing Upon Request Visit Website
7
Siemens Teamcenter

Best for companies with advanced needs

30 days free trial

Pricing Upon Request Visit Website
8
Centric Retail PLM

Best for multicategory retail companies

Not available

Pricing Upon Request Visit Website
9
Bamboo Rose

Best for multi-enterprise supply chains

Not available

Pricing Upon Request Visit Website
10
ClickUp

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. 

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:

Core Functionality

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.

Key Features

Here are a few specific key features I looked for in the PLM platforms I tested:

  1. 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.
  2. Product information management: This includes bill of materials or BOM management and the storage of other important data and documents.
  3. Quality management: Any tools that help with quality control and testing, as well as regulatory compliance for your products.
  4. Portfolio management: It’s great to be able to manage your entire product portfolio in the same PLM system.
  5. Analytics and reporting dashboards: The ability to monitor product performance metrics in real-time and assess opportunities for improvements.

Usability

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.

Integrations

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.

FAQ: More on Product Lifecycle Management

Have some questions about the processes and management tools used across a product lifecycle? Check out this handy FAQ for answers!

Other Product Management Software Reviews

Looking for more software to support your product team? Here are some other software reviews we’ve written:

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.

By Ben Aston

Ben Aston is an online media entrepreneur and founder of Black & White Zebra, an indie media company on a mission to help people and organizations succeed.

Ben applies his expertise in design and strategy to enable businesses to deliver innovative products and services that delight customers. Ben is passionate about understanding customer needs through design research, identifying opportunities based on those insights, and empowering designers and technologists to create solutions. He is driven to develop and uncover new opportunities for clients, establishing strong connections with their customers through product solutions that create lasting value.

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