Product Lifecycle Management Software 2023 RadarView Scan™

December, 2023

This RadarView Scan provides key information on select vendors that offer product lifecycle management (PLM) software. The report begins with the definition and scope of the PLM software, followed by the leading vendors that offer these services. It highlights the capabilities of 12 such vendors offering PLM software to enterprises.  

The profile provides an overview of the vendor and its solutions and capabilities developed and business challenges solved for enterprises, along with key developments around PLM software.  

Why read this RadarView Scan? 

As manufacturing firms move away from legacy systems and adopt technologies, such as smart manufacturing, Industry 4.0, 3D imaging, robotics, and automation, they seek new ways to manage information across the project/product life cycle. PLM software is being used extensively in the industry to shorten the time to market, reduce product development costs, and improve collaboration across teams.   

This report identifies 12 vendors offering PLM software. It also provides a comprehensive view of its capabilities. 

The following figure from the full report illustrates vendor assessment:

Featured providers

This RadarView Scan includes an analysis of Aras Innovator, Arena PLM, Autodesk Fusion 360 Manage, ENOVIA, ProductCenter PLM, OpenBOM, Oracle Fusion Cloud PLM, Procore construction management software, Propel PLM, PTC Windchill, and Teamcenter.

Methodology

The insights and analysis presented are based on our ongoing interactions with senior executives, vendors, subject matter experts, and Avasant Fellows, along with lessons learned from consulting engagements.

Our evaluation of vendors is based on public disclosures, case studies, product sheets, executive interviews, and our ongoing market interactions. We assess the providers’ PLM software implementation capabilities across enterprises, leading to our recognition of the vendors that have brought the most value to the market.

Table of contents

Definition and scope (Page 3)

    • Defining product lifecycle management software

Executive summary (Pages 4–5)

    • About Product Lifecycle Management Software 2023 RadarView Scan report

Lay of the land (Pages 6–8)

    • PLM software providers are leveraging emerging technologies to foster product innovation and streamline client operations.
    • Manufacturing enterprises are progressively adopting innovative PLM products to optimize internal workflows.

RadarView Scan overview (Pages 9–13)

    • Research methodology and coverage

Vendor assessment (Pages 14–15)

    • Assessment of PLM software vendors

Vendor profiles (Pages 16–28)

    • Aras Innovator, Arena PLM, Autodesk Fusion 360 Manage, ENOVIA, ProductCenter PLM, OpenBOM, Oracle Fusion Cloud PLM, Procore construction management software, Propel PLM, PTC Windchill, and Teamcenter

Key contacts (Page 30)

CONTACT US

DISCLAIMER:

Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.

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