Our Top Picks

Agile PLM Logo
Agile PLM
  • Deployment: Web-based, cloud, SaaS
  • Customer service: Online
  • Cost tracking: Closed-loop quality management

Developed by the multichannel digital solutions provider Oracle, Agile PLM harnesses artificial intelligence and the Internet of Things to streamline the development process. 

  • You can expect faster data transfer, extensible innovation, and smooth alignment of the production process that leads to sustainable development. 
  • With built-in aspects to achieve innovation management, product development, quality management, product master data management, and configurator modeling, you can build high-quality products with centralized processes and appreciable profits.  

Agile PLM is compatible with integrated software and boasts design management, requirements management, and cost tracking features to further simplify product development. 

Pros & Cons

Pros

  • Integration-friendly
  • Multi-purpose platform
  • Analytics and reports

Cons

  • No compliance management
  • Pricing not available

Summary

Agile PLM Logo
Agile PLM
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    Online
  • Cost Tracking
    Yes
Features
  • Deployment: Web-based, cloud, SaaS
  • Customer service: Online
  • Cost tracking: Closed-loop quality management
Arena Logo
Arena
  • Deployment: Web-based, cloud, SaaS
  • Customer service: Online, phone during business hours
  • Cost tracking: Allows for optimal development

Arena Solutions helps create a unified system with its new-age product life cycle management software enabling organizations to deliver innovative products. 

  • Users work on a single integrated interface to access everything related to product development and management. 
  • Everyone working on product development can collaborate in real time, including the internal teams and supply chain departments, which eliminates communication gaps and speeds up the development process. 
  • It helps integrate the changes put together by electrical, mechanical, and software teams while automating the requisite changes in the engineering procedures. 

Apart from the ability to integrate, Arena Solutions PLM offers advanced reporting, design, requirements, and compliance management. 

Pros & Cons

Pros

  • Collaboration with cloud
  • File sharing

Cons

  • Prices are not available

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
    Online
  • Cost Tracking
    Yes
Features
  • Deployment: Web-based, cloud, SaaS
  • Customer service: Online, phone during business hours
  • Cost tracking: Allows for optimal development
Creo Logo
Creo
  • Deployment: Windows, web-based, cloud, SaaS
  • Customer service: Phone during business hours
  • Compliance management: Product and process compliance

Creo offers a product life cycle management system called Windchill. This software helps deliver quality performance in the product development process by enabling multiple integrations and advanced working systems. 

  • Along with enterprise-level integrations, Windchill automates role-based or industry-based functions, creating seamless interoperability and management. 
  • Windchill is also compatible with another PTC product owned by Creo (CAD software) that creates model-based definition visual comparisons for better product development visibility. 

Windchill by PTC enables report making and provides a platform for change management, requirements management, and cost tracking. 

Pros & Cons

Pros

  • Advanced integrations
  • Industrial or enterprise-oriented add-ons

Cons

  • Pricing not defined

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo and 30-Day Free Trial
  • Deployment
    Installed - Windows
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
  • Cost Tracking
    Yes
Features
  • Deployment: Windows, web-based, cloud, SaaS
  • Customer service: Phone during business hours
  • Compliance management: Product and process compliance
PDXpert PLM Logo
PDXpert PLM
  • Deployment: Windows, web-based, cloud, SaaS
  • Customer service: Online, phone during business hours
  • Cost tracking: Reduces inventory and overhead costs

PDXpert PLM is best suited for growing organizations and provides clear information. It helps with improving data accessibility and security. 

  • Because of its flexible processing, PDXpert can align with organizational needs and management practices. 
  • It creates a simple pathway for growing companies to grow and deliver results that make it easier to handle, manage, and implement complex product development requirements. 
  • PDXpert creates role-based and membership-based permissions, making the data more secure. 

Besides these functions, PDXpert is enabled with integrations, reporting, and complete compliance management. 

Pros & Cons

Pros

  • Tier-based pricing
  • In-built user guide

Cons

  • Lacks change management features

Summary

PDXpert PLM Logo
PDXpert PLM
  • Starting Price
    • Single User: $49/month/user
  • Free Trial/Demo
    Free Demo and 21-Day Free Trial
  • Deployment
    Installed - Windows
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
    Online
  • Cost Tracking
    Yes
Features
  • Deployment: Windows, web-based, cloud, SaaS
  • Customer service: Online, phone during business hours
  • Cost tracking: Reduces inventory and overhead costs
Propel Logo
Propel
  • Deployment: Web-based, cloud, SaaS
  • Customer service: Online, phone during business hours
  • Accessibility: Works from mobile

Propel PLM is one of the best product life cycle management softwares for to several reasons. Starting with an integrated platform that includes product information and a quality management system, Propel helps deliver the most authentic and well-researched product to the market. 

  • Propel PLM’s cloud accessibility makes it a flexible and extensible solution for modern-day organizations. 
  • With offerings like company-wide collaboration and feedback, this software helps reduce the time to market. 

Along with these features, you can also combine other relevant software with Propel PLM while receiving collaborative reports inspired by change, requirements, and compliance management. Additionally, users can leverage its built-in cost tracking systems to enhance profit margins. 

Pros & Cons

Pros

  • Cloud compatibility
  • Easy customizations

Cons

  • Pricing not available

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
    Online
  • Cost Tracking
    Yes
Features
  • Deployment: Web-based, cloud, SaaS
  • Customer service: Online, phone during business hours
  • Accessibility: Works from mobile

How We Chose the Best Product Life Cycle Management (PLM) Software

A product life cycle management (PLM) system helps manage and view the development steps of a product from inception to the distribution phase. With a PLM system, companies can integrate data, people, processes, and business-related systems. 

The best product life cycle management software helps tabulate complex product development systems. However, not every software can validate your product’s life cycle process cohesively. 

To help you with it, we've chosen the five of the best product life cycle management softwares available based on three criteria.

Life Cycle Management Features

Our initial approach is to identify the vital features that make a software ideal for managing the product life cycle. Any PLM software must include functions like change management, requirements management, and cost tracking. These features enable the organization to minimize the risks, lead to optimal utilization of resources, and boost productivity while speeding up the development process. 

Integrations

A PLM system’s ability to build a symbiotic relationship with other organization-oriented solutions is the second criteria in our selection process. We find out how well PLM software works with CRMs, ERPs, and even other PLM solutions to help you realize your production goals. 

Reports

Lastly, it's important for the best product life cycle management software to provide standardized and custom reports for deep development and product insights. Reporting helps fill the void, create contingency plans, and make the necessary changes to production, management, and distribution processes.