Top 9 Best PLM Software in 2019 to Manage Your Product Lifecycle

List of the Best Product Lifecycle Management PLM Software:

What is PLM Software?

The process which is used to manage the complete lifecycle of a product, from the start to the end is called Product Lifecycle Management.

PLM software is an application which is used to manage the data related to this whole lifecycle and to integrate the related data. PLM software can manage the product-related data. It can also combine the data with ERP, MES, CAD etc. 

Product Lifecycle Management (PLM) Software

Product Lifecycle Management Process

Owing to the advancement in technology, nowadays products are more advanced and complex too.

Hence for managing all the data related to these new products, their business processes, engineering, analysis, v   development etc., a sort of new process named Product Lifecycle management process is required.

Product Lifecycle Management Process

[image thebusinesstactics.com]

An application which is required to follow or manage that whole process is termed as PLM software. This software will not only help in increasing the profit, but will also improve the accuracy, efficiency, and productivity to a great extent.

Who uses the PLM tools?

The answer to this question is based on the roles, responsibilities, and permissions. This software can be accessed by many users of an organization.

Benefits of Product Lifecycle Management Software:

  • Product output will get increased.
  • Quality of the product will improve.
  • The most important benefit is, it will accelerate the whole process.
  • It helps in increasing revenue.
  • Centralized data management

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Top PLM (Product Lifecycle Management) Software

Given below is the comprehensive list of the most popular free and commercial PLM tools and vendors available in the market.

Let's Explore!!

#1) Arena

arena

Description:

Arena PLM helps in managing the lifecycle for complex products. It works towards designing and developing a quality product.

Features:

  • It will increase product development.
  • It includes various features like requirements capture and management, manufacturing process management, and accounting & finance reporting.
  • It also has features like production scheduling, inventory management, shipping logistics etc.
  • This software will help in improving the profit.

Tool Cost/Plan Details: $79 per month.

Verdict: Product is best for integration with ERP, item related features, and ease of use.

Website: Arena Solutions

#2) Teamcenter Siemens

teamcenter siemens

Description:

Siemens PLM provides its services to many industries like aerospace & defense, medical devices, pharmaceuticals etc. This software can be used by the small, medium, and large organizations.

Features:

Siemens Teamcenter has the following features:

  • Change Management
  • Supplier integration
  • BOM Management
  • Requirements management and engineering.
  • Document management
  • Manufacturing data and process management.
  • Much more.

Tool Cost/Plan Details: Contact them for pricing details.

Verdict: This system is best for its change management feature, integration with CAD system, and it is easy to use functionality.

Website: Team Center Siemens

#3) Autodesk Vault

auto desk vault

Description:

Autodesk is a data management and collaboration tool. It helps in managing the documentation, designing the data and the complete development process. It is especially useful to engineers and designers.

Features:

  • As a collaboration tool, you can easily share your design data with the customers, suppliers, and contractors.
  • It can sync Vault BOM and CAD BOM.
  • You can customize the roles and responsibilities in the tool.
  • Autodesk Vault provides three products, Vault Basic, Vault Workgroup, and Vault Professional. You can choose any of the three products as per your requirement.
  • It searches the data quickly.
  • It provides data security through access permissions.

Tool Cost/Plan Details: Subscription plans are as follows:

  • Vault Workgroup: $345 per year.
  • Vault professional: $650 per year.

Verdict: This system is best known for its file management feature.


Website: Auto desk

#4) Windchill

wind chill

Description:

Windchill is a PLM solution by PTC. It can be used on Windows, Linux, and UNIX.

Features:

  • Multiple system data management.
  • Associative BOM.
  • Helps in innovation
  • You will be able to work fast and accurately.

Tool Cost/Plan Details: Contact them for pricing details.

Verdict: It has good features as a PLM system. The system is easy to use as well.

Website: Windchill

#5) Oracle Agile PLM

oracle agile plm

Description:

It helps in centralizing the data, process streamlining, and creating quality products. It helps in maximizing the profit.

Features:

  • Quality management feature will give you immediate visibility to any problem.
  • Portfolio management feature will help in managing schedules, resources and many other things for a new product.
  • Cost management feature will help for RFQ (Request for Quote) process.

Tool Cost/Plan Details: Contact them for pricing details.

Verdict: It has good features and functionalities as a Product Lifecycle Management Software. It is a cost-effective solution for PLM.

Website: Oracle Agile PLM

#6) SAP PLM

sap plm

Description:

SAP PLM software is for 360 degrees support to all the product related processes.

SAP PLM can be used with SAP and other products. It has the features for Address-specific challenges.

Features:

  • It provides centralized PPM.
  • It helps in product design, compliance, cost etc.
  • Document management.
  • Change management, batch management.
  • As a learning resource, it offers tutorials and arranges webinars.
  • BOM management.

Tool Cost/Plan Details: Contact them for pricing details.

Verdict: SAP PLM system is best known for its ease of creation of BOM. Also, it is best for its integration with ERP.

Website: SAP PLM

#7) Aras PLM

aras plm

Description: Aras PLM is an open architecture system, so you can customize a system as per your need.

Even if it is customized, you can get the system upgrades.

Features:

  • The system is flexible for business changes.
  • It has the features for change management, BOM, Manufacturing process planning, System engineering, Configuration management, and Quality.
  • PDM/PLM integration features.
  • Document Management.
  • Requirements management.

Tool Cost/Plan Details: System is open to use. You need to subscribe in order to access the complete platform capabilities.

Verdict: System is customizable, easy to use and open source.

Website: Aras PLM

#8) Omnify Empower PLM

Omnify Empower PLM

Description:

Omnify Software provides you a flexible and scalable PLM system. Omnify Software can deploy the system on-premise or in the cloud.

Features:

  • It has features like quality, change, issue, and compliance management.
  • It has document and item management features.
  • BOM management.
  • System integration feature will allow you to import and export the data from your current business applications.
  • It provides many learning resources like white papers, training, webinars, and live demos.

Tool Cost/Plan Details: Contact them for pricing details.

Verdict: System is easily configurable and easy to use as well.

Website: Omnify Empower PLM

#9) Propel

propel

Description:

It delivers the system in the cloud. This software will help you to develop, launch, sell, and improve the product.

Features:

  • It has quality management, change management, requirements management, and project management features.
  • It has BOM management.
  • It has features for product information management.
  • Task management.
  • You can track the complete audit history.

Tool Cost/Plan Details: Contact them for pricing details.

Verdict: The system is easy to customize and use. It has Quality management and Product information management software.

Website: Propel PLM 

Comparison of the Best Product Lifecycle Management Vendors

SoftwareRatingsLearning resourcePriceVerdict
Arena
Arena_Logo
* * * * *White papers, Webinars$ 79 per month.The product is best for integration with ERP, item related features, and ease of use.
Aras PLM
Aras
* * * * *TrainingFew features available for free.Full access- subscription basedThe system is customizable, easy to use and open source.
Teamcenter Siemens
Siemens
* * * * *TrainingContact themThis system is best for its change management feature, integration with CAD system, and it is easy to use.
Autodesk Vault
Vault_logo
* * * * *Documentation, Tutorials, Videos etc.$345 per year
$650 per year
This system is best known for its file management feature.
Windchill
Windchill_Logo
* * * *---Contact themIt has good features as a PLM system. The system is easy to use.

Additional Tools

#10) Uservoice: Uservoice has product prioritization, feedback collection, management & moderation, communication, and integration features.

This software helps in product management through user feedback.

Website: Uservoice

#11) Upchain: Upchain provides the cloud-based product lifecycle management software for small and mid-sized companies. You can customize the application as per your needs.

Website: Upchain

#12) Solid Edge Siemens PLM software: It is the software for mechanical designers. It is the software for the Windows operating system. Solid Edge is related to the product development software. This software is developed by Siemens.

Website: Solid Edge

#13) Creo: Creo is a CAD software for the Windows operating system by PTC. It is helpful in product design. It can be integrated with PTC’s Windchill which is a PLM tool.

Website: Creo

Conclusion

To conclude our learning from the above list, we can summarize that Aena can work with complex products, Teamcenter can be used by any size of the organization, Vault is the best PLM for engineers and designers and Oracle Agile PLM is a cost-effective tool and provides good features and functionalities as well.

Almost all the software are commercial tools, whereas only Aras free PLM Software provides few features for free.

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Hope you would have gained immense knowledge on the Top product lifecycle management tools in the market!