Product lifecycle management (PLM) is the strategic process of tracking and managing the life cycle of a product from start to finish. It allows companies to make changes to the product at various stages of its life cycle to keep it relevant in the marketplace for longer.
What makes product lifecycle management software so important? Its ability to provide you with a central place for managing all things related to your product. It lets you control and influence a product’s design, development, marketing, and launch.
But since there are many PLM software in the market, how do you choose the best one? We have listed seven agile product lifecycle management PLM software that we think are the best in 2023.
Take a look at these.
1. Oracle Agile
The Oracle Agile software is best suited for those already part of the Oracle ecosystem. It is an integrated, global platform that functions as a single archive for information. It enables high-quality product development, innovation management, product master data management (MDM), product quality management, and configurator modeling.
With Oracle Agile, it is effortless for users to understand the entire process flow. It allows you to easily record a product’s history and access it whenever needed. Changes made by team members are updated in real-time, thus ensuring that you have the latest information available.
2. QA Wolf
The QA Wolf product lifecycle management software is appropriate for companies of all sizes. Particularly those whose main product is web applications. SaaS companies mainly use it to ensure that new features in the software are free of bugs. It thus allows for reduced time to market the product.
QA Wolf also takes your work and performs it for you. How? By analyzing data and synthesizing the results to identify problems. This saves you the effort and time needed to investigate the issues on your own. How convenient!
3. Siemens Teamcenter
Siemens PLM Software, the Teamcenter, is most suitable for companies with advanced requirements. It is an adaptable PLM system that can be deployed on-premises or used by the SaaS cloud.
It has features for change management, bill of materials (BOM) management, NX integration, document management, and many others. Moreover, it has an easy-to-use and simple interface. It enables you to customize your toolbars, import and export revisions, CAD history, and view 3D models without having to perform an integration. These features make it one of the most demanded PLM solutions in the market!
4. Bamboo Rose
Product lifecycle management PLM is the best for retailers. It is essentially a supply chain platform that aims to reduce sampling costs and cycle time using multiple efficiency and productivity features.
Most importantly, Bamboo Rose enables its users to collaborate with suppliers using a single platform. It streamlines processes and removes silos, thus contributing to more efficient business processes. It also offers easy access to all the relevant data regarding a product’s production and development cycle.
Upchain is a cloud-based product lifecycle management solution that works best for modern manufacturing companies operating globally. It allows users to collaborate on projects in real time, thus avoiding delays and reducing costs.
Moreover, it comes armed with Microsoft Office Plugins, CAD plugins, API integrations, BOM management, and much more. It makes user access to information very easy because it is cloud-based. Workers anywhere can access the data on Upchain.
6. Andromeda PLM by NGC
It is a cloud-based product lifecycle management system most appropriate for large manufacturers. This software has specifically been created for the footwear and fashion industries. It comes equipped with features for merchandising, planning, costing, design, sampling, quality control, and sourcing.
Andromeda PLM by NGC also offers customizable dashboards and workflow calendars. It allows users to create a single database containing all the information required for the manufacturing processes. However, some users find its graphical user interface to be outdated. But it isn’t something that should make you overlook it as a product lifecycle management PLM infrastructure software; it nonetheless offers exciting features for manufacturers!
ProductBoard is essentially made for the technology industry. It is an agile product management tool that allows users to consolidate user feedback, define strategy, and maintain existing workflow navigation.
ProductBoard has a simple and pleasant user interface that allows easy mapping of insights into product ideas. Moreover, its features enable you to use information from various sources of the production process to create relevant products in time.
Its tech-intensive nature may require your team some time to learn and use its features. But if your team is up to the task, navigating the PLM tool product lifecycle management software will be a walk in the park!
Are you ready to choose the company’s best product lifecycle management software? We hope so.