20 Best Product Lifecycle Management (PLM) Software In 2025

Wrike is a collaboration and project management platform that can be used to help manage a product’s life cycle by bringing the entire operation into a single platform, from conception to analysis. Increased communication and documentation between team members ensure that all relevant schedules and data are easily accessible, allowing for easy communication between integrated platforms and even external stakeholders.

Wrike has five different software packages with varying feature sets, with the most limited one being the Free plan and the most extensive one being the Pinnacle plan. The PLM process involves planning, designing, marketing, producing, and managing resources, which are covered by Wrike’s features in any plan. The more feature-heavy plans can make PLM easier since they come with dedicated PPM, real-time reports, AI project risk prediction, and extensive collaboration tools.

Wrike works well as a product lifecycle management software thanks to its suite of product management features that allow you to monitor a product’s health during its introduction, growth, maturity, and decline stages. This can help users understand their products more to prepare for the next launch or to find ways to improve upon existing products.

Different products will naturally have different PLMs and Wrike’s customizable templates can help accommodate these. This is locked behind the Business plan’s paywall, which is extremely useful when paired with other Business-exclusive features. The more limited Wrike plans may not work well as a PLM software solution, but most of the paid plans should be fine for most managers.

Integrations include 400+ pre-built native integrations, including integrations with the most popular file management software from Microsoft, Google, and Dropbox, along with sales and marketing software from Salesforce and Marketo.

QA Wolf is a PLM tool that helps product teams at SaaS companies go-to-market faster by ensuring new software features are bug-free.

QA Wolf is fast, getting teams to 80% automated test coverage in about 3 months compared to traditional QA teams/tools that either take years to get to 80% test coverage or simply never get there.

QA Wolf aslo happens to require low effort because of their test matrices. QA Wolf does the work for you by analyzing data and synthesizing the findings so that product managers immediately know what went wrong instead of having to investigate themselves.

QA Wolf comes with unlimited tests and test runs, full web application testing, no vendor lock-in, and 100% parallelization.

QA Wolf integrates with CI/CD.

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.

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.

ProdPad is a product management software that aims to improve product management processes by providing a platform for effective feedback management, feature request prioritization, and user review capture. It is designed to align teams and enhance customer success through a structured yet flexible product development process.

ProdPad offers robust idea management and backlog workflow tools to help capture, organize, and prioritize ideas and customer feedback from various sources. This feature is crucial for PLM as it enables teams to maintain a continuous pipeline of ideas that can be evaluated and refined over time.

The software also offers highly customizable lean product roadmaps, allowing teams to create detailed plans that reflect the strategic direction of their products. These roadmaps can be easily shared with stakeholders to communicate progress and align expectations. The flexibility of ProdPad's roadmaps is particularly valuable in the PLM context, where product development often involves multiple phases, dependencies, and adjustments.

Pricing begins from $25/user/month with a free trial available.

LaunchNotes is a product communication platform designed to enhance the way you manage and communicate product updates. It centralizes your release notes, product roadmaps, and feedback collection, making it an ideal choice for keeping teams aligned and customers informed.

I picked LaunchNotes as a good PLM software because it offers real-time visibility into upcoming features, which is crucial for managing the product lifecycle. This feature allows your team and stakeholders to stay informed about what's in the pipeline, ensuring everyone is on the same page and can prepare accordingly. Additionally, LaunchNotes supports multi-channel product updates, which helps in reaching your audience wherever they are, maintaining clear communication throughout the product development process.

Another reason for choosing LaunchNotes is its focus on facilitating two-way communication between your customers and product teams. This feature allows you to gather direct user feedback, which can be invaluable for driving feature adoption and making informed decisions about product improvements. The platform also provides tools for creating personalized product announcements, ensuring that your messages resonate with the intended audience and improve user engagement.

Features include the ability to transform internal documents into impactful product announcements, which streamlines the communication process. The platform also offers enterprise-grade security with SOC 2 Type II certification, ensuring your data is protected. Lastly, LaunchNotes provides AI writing assistance, helping you create clear and engaging content for your updates and announcements.

Integrations include Jira, Confluence, Loom, Slack, Microsoft Teams, RSS, LinkedIn, Intercom, Notion, Gmail, Google Chrome, and Google Sheets.

OpenBOM is a cloud-based SaaS platform that focuses on managing product data, including bills of materials (BOM), product data management (PDM), and product lifecycle management (PLM). It integrates with CAD, ERP, and PDM systems, supporting industries like machine design and high-tech electronics.

OpenBOM lets your team manage complex BOMs in a flexible way. You can build and update multi-level BOMs that evolve as your products do, with real-time collaboration across teams. Whether you're working with engineers, designers, or suppliers, OpenBOM lets everyone stay on the same page with accurate product data.

The platform is especially useful for tracking materials and keeping inventory in check, making it ideal for managing your product lifecycle. You can track costs, quantities, and supplier details right from the platform, so when it’s time to order parts, OpenBOM automatically generates the purchase orders. This flexibility helps you handle production changes, supplier updates, or shifts in material availability.

OpenBOM integrates with a range of tools, including Autodesk Fusion 360, Altium Designer, Autodesk Eagle, Autodesk Inventor, Autodesk Revit, SOLIDWORKS, Kubotek KeyCreator, Onshape, Siemens Solid Edge, Oracle NetSuite, and QuickBooks.

Surefront is a comprehensive product collaboration platform that integrates Lifecycle Management (PLM), Product Information Management (PIM), and Customer Relationship Management (CRM) to enhance various business processes such as merchandising, product development, vendor management, and sales management. The platform's robust features enable teams to collaborate on each product attribute, ensuring alignment across all teams.

With Surefront, all historical conversations and attachments related to each product are securely stored and easily accessible, providing a single source of truth for all product-related information. This feature enhances cross-functional collaboration and ensures that all team members and suppliers are on the same page throughout the product lifecycle.

It also includes catalog management to organize product information and order and quote management capabilities, allowing businesses to handle these processes efficiently within a single platform. The workflow management feature lets users customize workflows for products, quotes, and orders, ensuring tasks are assigned to the appropriate internal teams and external suppliers.

Furthermore, Surefront offers discounted licenses to all suppliers, encouraging greater participation and collaboration across the supply chain. Users can also collaborate on new ideas with Surefront's image markup feature, allowing for prototyping concepts, designs, innovations, and quality assurance improvements. 

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.

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.