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Finding the Best and Most Affordable Yet Effective PLM Software in 2025

There are so many different PLM software out there, and you’re just trying to determine which is right for you.

You know you want to streamline processes and make sure product information is managed and accessible efficiently throughout the lifecycle, but you need to figure out which tool is best for product lifecycle management.

10 Best and Most Affordable PLM Software’s

Here’s my pick of the 10 best software in 2025:

  1. New Relic — Best for product lifecycle management through real-time performance, insights and analytics
  2. Surefront — Best managing catalogs, product development and collaboration
  3. ProdPad — Best for idea and roadmap management
  4. Jama Software — Best for its version control and requirements authoring features
  5. Wrike — Best product lifecycle dashboards & data visualizations
  6. Propel — Best for those in the Salesforce ecosystem
  7. OpenBOM — Best for flexible BOM management
  8. Upchain — Best for SMBs
  9. Bamboo Rose — Best for multi-enterprise supply chains
  10. Siemens Teamcenter — Best for companies with advanced needs

In this post, I will make it easy by providing dozens of different tools for large teams and complicated products combined with my picks for the best PLM software.

Explore Top 10 PLM Software

Below is a brief description of each of the best PLM software tools featured in my top list:

1. New Relic

Overview:

  • Free Plan
  • Rating: 4.3/5
  • Staring From $25/user/month

New Relic is a SaaS-based product focused on APM and software analytics. With it, you can monitor and control your software and web application’s performance in real time.

This is amazing for businesses of any size, especially companies with complex software applications. It’s also apt for developers and IT teams in operations, who really need to monitor applications closely.

It gives you deep, granular insights into your software’s performance, not just uptime and response times but understanding the user experience, knowing what errors may be occurring, and pinpointing bottlenecks. It’s like having a microscope for your software.

New Relic’s APM provides you with real-time performance metrics of all your applications. Its error tracking feature lets you track and resolve problems before they hit your users.

It also allows you to monitor how the users interact with your software with the user experience monitoring feature.

Other features include backend monitoring, Kubernetes, mobile monitoring, model performance, infrastructure, log management, error tracking, network, vulnerability management, and browser monitoring.

It’s integrated with more than 500 apps, such as AWS, Google Cloud, and Microsoft Azure, CI/CD tools like Jenkins, CircleCI, and Travis CI, communication tools like Slack and PagerDuty, monitoring and analytics tools like Grafana, Datadog, Splunk, etc.

It also has a public API that can help you build custom integrations. New Relic starts at $49/user/month but offers a free plan including 1 user and 100 GB/month of data ingest.

2. SureFront

Overview:

  • Free Trial
  • Rating: 5/5
  • Starting from $125/user/month

Surefront is an integrated product collaboration platform that integrates PLM, PIM, and CRM to enhance various business processes such as merchandising, product development, vendor management, and sales management.

It equips teams with robust features that enable collaboration on each product attribute, aligning all teams.

With Surefront, any historical conversation about products and attachments is securely stored and quickly found. This feature enhances cross-functional collaboration, ensuring everyone is on the same page from the product’s conception at development to the end of production when the supplier markets the product.

It also comes with catalog management for organizing product information and the capability for order and quote management so businesses can handle such processes effectively within one platform.

Workflow management allows users to tailor workflows for products, quotes, and orders to ensure tasks are assigned to the appropriate internal teams and external suppliers.

It also offers free licenses to all suppliers to promote greater participation and collaboration within the supply chain.

It further enables users to collaborate with Surefront on new ideas by using its image markup feature, which helps prototype concepts, designs, innovations, and quality assurance improvements.

3. ProdPad

Overview:

  • 7-30 Days free Trial
  • Rating: 4.3/5
  • Starting from $25/user/month

The company provides product management software, known as ProdPad, to improve the product management process by offering a platform that will enable effective feedback management, feature request prioritization, and user review capture.

The application is structured yet flexible, ensuring teams are aligned to improve customer success.

ProdPad has a more comprehensive idea management and backlogged workflow, where many ideas gathered from different sources are kept, organized, and ranked to ensure proper consideration in future development.

This is essential for PLM to sustain its idea pipeline, which can be analyzed or optimized over time.

Furthermore, the application provides fully customizable lean product roadmaps for teams to set up strategic detail plans for their products. These roadmaps are easy to share with stakeholders to illustrate progress and align expectations.

The flexibility of ProdPad’s roadmaps is particularly useful in PLM, where often, in product development, there is more than one phase with dependencies and adjustments. A free trial is offered starting at $25/user/month.

4. Jama Software

Overview:

  • 30 Days free Trial
  • Rating: 4.3/5
  • Pricing Upon Request

Jama Software is a company that manages requirements in every aspect of a product from concept to delivery.

The company combines powerful requirements management features with advanced analytics so that users can make even smarter decisions and provides more intuitive user interfaces and workflow configurations.

Jamaica PLM software’s enables teams to do more planning, design building, testing, and launching of a product within schedule and budget.

Providing visibility through every stage in the lifecycle of products and thereby identifying the bottlenecks before product problems occur. Its users will allow real-time tracking, giving all participants up-to-date knowledge on the most updated version of a product or feature.

Version control allows for the tracing, auditing, and comparing different versions of a project before it is finally released to ensure accuracy and completeness in the product developed.

The requirements authoring feature provided by Jama Software is one of the advanced PLM solutions for product requirements software. Its purpose is developing, managing, and tracking product requirements throughout the organization’s lifecycle.

Critically, this feature allows end users to collaborate on their requirements in real time and generate all reports, including filters. The review process, as made, would be very straightforward when it comes to approving or rejecting.

Jama Software integrates other apps using Jama Connect. With this connector, you will link traceable information without exchanging the tools you already work with within your tech stack.

Its integrations include MathWorks, Jira, TFS, Windchill, Jenkins, Bugzilla, Excel, and GitHub. This tool’s free 30-day trial is available when registering via their website.

5. Wrike

Overview:

  • Freemium Version available
  • Rating: 4.2/5
  • Starting from $10/user/month

Wrike collaboration and project management platform streamlines the lifecycle of managing a product as it all comes together, from conception to analytics.

Increased internal communication coupled with documentation makes all schedule and data requirements accessible as easy communication will be achieved on integrated platforms to external parties.

Wrike has five distinct packages featuring different feature sets. The very basic one is the Free plan, and the most prominent one is the Pinnacle.

The process of PLM includes planning, designing marketing, producing, and resource handling covered by the features included in any Wrike’s plan.

More feature-packed plans can make PLM much easier as they feature dedicated PPM, real-time report, AI-based project risk forecast, and extensive collaboration.

Wrike serves as a good agile product lifecycle management tool because of its feature set that enables monitoring of the health of a product at introduction, growth, maturity, and decline phases.

This way, users can understand their products better for preparation in the next launch or find ways to improve existing products.

Different products will certainly have different PLMs and Wrike’s customizable templates help accommodate those. This feature is behind the paywall of the Business plan but is super useful when paired with other features exclusive to the Business plans.

The more limited plans of Wrike may not work so well as a PLM solutions but most paid plans should suffice for most managers.

The integrations include more than 400 pre-built native integrations, which involve integrations with popular file management software from Microsoft, Google, and Dropbox as well as sales and marketing software from Salesforce and Marketo.

Wrike pricing starts at $9.80/user/month. The product offers a 14-day free trial.

6. Propel

Overview

  • Free Demo Available
  • Rating: 4.4/5
  • Pricing Upon Request

Propel is the cloud-native product solution that provides its users an opportunity to bring in and streamline new product introductions while working across the company levels, crafting quality data-driven databases, and using efficiency tools.

Propel even accesses it with your phone, thanks to their smart mobile app and mobile app developers.

Propel is an easy-to-use software that will keep you organized using workflow customization features, enabling you to provide customers with better services, track product details and operations, and even compare revision details.

Propel provides free demos, as well as quotes for customized pricing. Keep in mind that Propel has its packages with a minimum of 10 users.

7. OpenBOM

Overview:

  • Free Available Plan
  • Rating: 4.2/5
  • Starting from $75/user/month

OpenBOM is a SaaS cloud-based platform for managing all product data, including bills of materials (BOM) and product data management as well as agile product lifecycle management. It integrates with many CAD, ERP, and PDM systems and suits industries such as machine design and high-tech electronics.

OpenBOM makes it possible for your team to flexibly manage complex BOMs. It allows you to create and update multi-level BOMs that evolve along with your products, while also collaborating in real time with teams.

You can work with engineers, designers, or suppliers, and with OpenBOM, everyone is on the same page with accurate product data.

The platform is specifically beneficial for tracking materials and maintaining the inventory, making it best suited for managing the lifecycle of your product.

Costs, quantities, and even supplier details can be tracked directly from the platform, which makes it possible for OpenBOM to automatically generate the purchase orders when it is the time to order parts.

Flexibility helps you handle production changes, supplier updates, or shifts in material availability.

OpenBOM supports integrations with most of the popular tools on the market, such as Autodesk Fusion 360, Altium Designer, Autodesk Eagle, Autodesk Inventor, Autodesk Revit, SOLIDWORKS, Kubotek KeyCreator, Onshape, Siemens Solid Edge, Oracle NetSuite, and QuickBooks.

8. Upchain

Overview:

  • Free Demo
  • Rating: 4.4/5
  • Starting from $30/user

Upchain is a cloud PLM software for modern manufacturing. Using this type of PLM solutions, the user can safely collaborate globally. This feature enables users to work in real-time, so you keep projects moving without delay or going over budget.

Its features include CAD and Microsoft Office plugins, BOM management, API integrations, ECR creation, and management, among other things.

Upchain provides a single source of truth for users’ documentation, which is easily accessed, and their cloud technology creates an environment where team members or collaborators can be anywhere across the globe and still manage to access all the relevant information.

Transparent and humble pricing makes them a go-to PIM starting place for small and medium business.

The feature that many customers are currently looking for is still being developed. One thing Upchain has managed to overlook about the present state of their tutorials: the fact that they are already outdated.

It doesn’t do much to help that terms like these may confuse entry-level users. Upchain offers 3 pricing plans: 30/user and gives a free demo.

9. Bamboo Rose

Overview:

  • Provide multi-enterprise supply chain
  • Rating: 4.2/5
  • Pricing Upon Request

Bamboo Rose is a platform of multi-enterprise and supply chains which helps reduce cycle times and sampling costs through plenty of productivity and efficiency tools.

The tool can contribute in many ways, beginning with one version of the truth, real-time processing features of design and development of products, standardized design pieces, and collaborative 3D designing, as well as a robust private-label product portfolio.

Bamboo Rose helps users to deal with multiple suppliers in one platform, eliminating siloed information and streamlining numerous processes. It makes it easy to view all the necessary data in every aspect of the development and production cycle.

It is feature-rich, and there may be a bit of a learning curve on navigation and mastery of its feature set. Pricing is available on request.

10. Siemens Teamcenter

Overview:

  • 30 days free trial
  • Rating: 4.4/5
  • Pricing upon request

Teamcenter is the adaptable PLM software of Siemens deployed on-premises by cloud SaaS. That means it has the capacity to manage BOM changes and document management features; that also includes integration among other features with NX among many others.

It is, therefore, promising in connectivity from people and processes toward cross-domain and cross-department throughout your supply chain.

Siemens Teamcenter is very easy to comprehend and use due to the simplicity of its interface, it is accessible and easy to import and export CAD history as well as revisions, one can customize toolbars.

This makes Teamcenter among the best in the market, also for viewing 3D models without the need for integrations.

Because Siemens Teamcenter serves for more complex and sophisticated requirements, opening large data files, 3D models, tends to cause delay and lag. The program can be a bit difficult to navigate due to the many features that are offered in the program.

Siemens Teamcenter offers free 30-day trials; pricing is tailored to the needs of each customer.

Conclusion

The right PLM software is a transformative step in your business, which means streamlined processes, improved collaboration, and efficiency.

Each tool has different features suited to various industries, team sizes, and operational needs, so there are bound to be the ideal PLM solutions for every use case.

The options available range from New Relic, with real-time analytics, to Surefront’s robust collaboration capabilities and Siemens Teamcenter’s enterprise-level advanced solutions. Discover and use the most suitable

PLM software in 2025 for your success in better product lifecycle management and more accurately attaining your goals.

If you need further help, you can contact us at [email protected]. We will schedule a free consultation session to explore how Xavor can assist you in this matter.

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