75 Billion in 2030 registering a CAGR of 8. 8 Billion in 2023. PA), the world leader in 3D design software, 3D digital mock-up and PLM solutions. Product lifecycle management has a long history in the manufacturing space, but as it stands today, the. PLM Software In Automotive Sector Market , By Product. Bild is a cloud-based product data and lifecycle management system that empowers teams to effortlessly manage all their hardware assets in a centralized location. The demand for robust data analytics software platforms in the industry is increasing. During the forecast period of between 2024 and 2032, the market is expected to grow at a CAGR of 7. Infor Optiva. 54 billion in 2021 and is expected to reach USD 129. Market is Estimated at $17. Learn how Teamcenter enables the most comprehensive digital twin and provides the digital thread to connect every stakeholder and process throughout the product lifecycle. With a CAGR of this market is estimated to reach USD million in. GET A DEMO. #6) Oracle Agile PLM. Spain, Italy, Russia, the United Kingdom, France, Germany, and Rest of Europe jointly outline the region's market. Nowadays, as recycling concept is growing rapidly, so concept of PLM changed as, which manage data of product from cradle to cradle. Drive your product development success with Arena - the leading cloud-native PLM and QMS platform. Announcing Teamcenter 12, and for related news, read press releases on our new partnership with Obeo to enhance our Model Based Systems Engineering solutions, and updated certification of Teamcenter on Amazon Web Services. The product management process is the set of activities and protocols that helps guide you as you conceptualize, build, and launch your product to the market. SEE ARENAIN ACTION. 7. See Why Arena is Top Rated in PLM Software. This includes analysis of the cPDM (collaborative product data management), CAD, CAM, and CAE markets, as well as key. S. Pune. Oracle Agile PLM. #2. From chips to entire systems, from product to process, across all industries. Product lifecycle Management Market Drivers: Increasing product innovation and reduction in operational. Set targets, monitor compliance, cut waste, improve forecasting with deep analytics and quickly move inventory to where it’s needed to reduce unsold products. These early PLM solutions were focused mainly on the product development side. 68 billion by 2027. A PLM solution accelerates a product’s time to market by establishing a single source of truth to systematize and consolidate product lifecycle operations. Give us 60 minutes, and see how our out-of-the-box software transform product go-to-market. , Mar 24, 2023. 32% during the forecast period (2023-2028). Cloud PLM and PDM that connects your data, people, and processes. T Office Hours Call 1-917-300-0470 For U. Press release - A2Z Market Research - Product Data Management Software Market 2023-2030 Past Research, Deep Analysis and Present Data With Siemens PLM Software, Upchain, Plytix - published on. Product lifecycle management serves as the backbone of manufacturing. Maturity Stage. " Make better a reality. North America. The product lifecycle management market stood at USD 31,655 million in 2022, and it is expected to grow at a compound annual growth rate of 8. PA), the world leader in 3D design software, 3D digital mock-up and PLM solutions. Comparison of the Best PLM Vendors. For organizations bound to strict labeling regulations, Optiva is a lifesaver. PLM software is a solution that manages all of the information and processes at every step of a product or service lifecycle across globalized supply chains. 2 / 16. Aras PLM - Best for North American teams. 2019. Evaluate Software. Top PLM (Product Lifecycle Management) Software. 2. SAP PLM. Wondering whether cloud. All Apparel, Footwear & Accessories Solutions. Autodesk Fusion Lifecycle has a free trial and the Pro plan at $75/user/month, the Enterprise plan costs $150/user/month. 1. OK. OLIVER GROUP’s Centric Software ® PLM project. Propel PLM software ensures quick resolution of product issues that are raised by customers, compliance with quality tests and offers to test for. PLM software helps product teams and their supply chain partners streamline development from concept through end-of-life. The Centric Software support team strives to provide the best service to keep you productive. Key Companies in. 37 Billion by 2030, at a CAGR of 7. Manufacturers can now instantly collaborate, share information in real-time, and dynamically visualize data. Compare top Product Lifecycle Management (PLM) Software systems with customer reviews, pricing, and free demos. PLM Enables Supply Chain Visibility 4. Centric 8 PLM is developed with advanced features to cater to end-users across sectors such as consumer goods, food & beverage, personal care and household, cosmetics, and other products. Looking forward, IMARC Group expects the market to reach US$ 38. Benefits. If your PLM software isn’t easy to use your teams won’t use it, so your company won’t reap the benefits. PLM software is a solution that manages all of the information and processes at every step of a product or service lifecycle across globalized supply chains. 58 billion by 2029, registering a CAGR of 16. See what Quality Management System Software Oracle Fusion Cloud Product Lifecycle Management (PLM) users also considered in their purchasing decision. Some people want PLM that’s easy to use, while others need PLM to solve complex engineering problems. Product Life-Cycle Management (PLM) IT Market Size (2022E) US$ 22. 1. PLM sdružuje lidi, data, podnikové procesy a systémy a pro vlastní výrobní podnik i jeho. Teamcenter PLM is an adaptable, modern PLM software suite that can be delivered on-premises or as a service to transform the everyday. Démarrons. 3”. Best free PLM Software across 18 PLM Software products. The main purpose of the PLM solution is to provide a central place for managing the product lifecycle efficiently and cost-effectively. CAMPBELL, Calif. PLM market trends and top five keys to success. As defined by Oracle, an enterprise product lifecycle management software is a strategy for managing a product’s lifecycle across its whole value chain. 9% during the forecast period, 2023-2030. PLM stands for Product Lifecycle Management. Arena PLM is cloud based product lifecycle management software targeted at high-tech electronics products being built. Beginning of life (BoL) The beginning-of-life chronicles the essentials of creating a product. Product Description. In the report’s SPARK Matrix, PTC was rated highest for. If you’re wondering how PLM can help you design and develop smart products -- including mechanical, electrical, electronic, and software components -- you may want to read this infographic. Encourage collaboration − Share product data and knowledge. Read More About Aras PLM. Product Lifecycle Management (PLM) is the set of processes and technologies used to manage the entire lifecycle of a product, from. Teamcenter received the highest possible scores in more criteria than any other evaluated vendor in The Forrester Wave™: Product Lifecycle Management for Discrete Manufacturers, Q1 2023 report. With the 3D EXPERIENCE platform, product developers are able to break down silos of operations and rethink development methods by connecting people, processes and data into a single, unified environment. The increasing adoption of IoT across the manufacturing industry has augmented these. These three benefits of PLM software for fashion businesses tend to be sought after by nearly all industry verticals: Faster Time-to-Market. Today, supply chains have become more global and businesses. This information will help stakeholders make informed decisions. siemens . 02 billion in 2023 to USD 38. The product lifecycle management (PLM) software manages the complete production of any product through design, inspection and manufacturing. When evaluating different solutions, potential buyers compare competencies in categories such as evaluation and contracting, integration and deployment, service and support, and specific product. The "PLM Software in the Automotive Sector Market" research report 2023 provides a thorough and in-depth investigation of the industry's segmentation based on Types [ Cloud-based, On-premise. The product helps users plan, design, manufacture, and manage a product’s lifecycle from one platform. Product Description. Improve agility and responsiveness to new consumer demands or trends. 1% between 2022 and 2032. By linking information together and breaking down silos, PLM improves cross-functional collaboration and efficiency in communication. PLM unites all the partners involved in the value chain to manage and develop products throughout the product's lifecycle. The introduction phase of the product life cycle takes place at this stage. The global product lifecycle management (PLM) software market was valued at USD 22 billion in 2019, and is, expected to reach USD 34 billion expanding at a CAGR of around 7% during the forecast period 2020 – 2026. With the CAGR, this market is estimated to reach USD million in 2029. Today, supply chains have become more global and businesses. Best of Breed PLM Software for Fashion, Retail, Apparel, Clothing, and Footwear. 4 Mn, in terms of value by the end of 2030. 87 billion in 2022, registering an 8. Published: 14 Feb 2023. For many automotive companies, product and process knowledge is spread across multiple systems, databases and desktops. Overview. 54% during the forecast period, reaching USD 26200. PTC’s enterprise PLM software, Windchill, provides out-of-the box functionality that can be quickly implemented. 5. Kirk Carlsen, Director of PLM Product Marketing, Oracle. Our PLM and Retail Planning solutions give outdoors and sports businesses the tools to implement, track and report initiatives that have a positive impact on the world. 2021年5月27日 カリフォルニア州 キャンベル発 – インドネシアのアパレルメーカーBusana Apparel Groupが、Centric Softwareの製品ライフサイクル管理 (PLM)ソリューションの導入を決定しました。. With PLM, organizations can gain better insight into processes across a service or product lifecycle,. 37 billion by 2030, exhibiting a CAGR of 7. This includes the data from items, parts, products, documents, requirements, engineering change orders, and quality workflows. Teamcenter X is a version available as a service in a Siemens-hosted cloud environment. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF. Oracle Fusion Cloud Product Lifecycle Management not only helps innovators find, select, and get their best ideas to market fast, but it also enables connected, end-to-end processes across the product lifecycle on a single platform. #2) Arena. PLM Software – The Complete Guide to Product Life Cycle Management Software. Bring new products to market quickly and cost-effectively. Various market players are moving in R&D with the latest software techniques, building a high level of competitiveness throughout the market. This best software list features some of the top software sellers and service providers found on G2. It is a key instrument for keeping your brand’s complexity as low as possible, as it works as a single-source-of-truth for all your product data. The key players include Dassault Systemes. It acts as a single point of truth for real-time product data to connect teams, products, and development throughout the entire product. PLM software is the core tool for product lifecycle management. User Satisfaction. Product lifecycle management software has a minimum average cost of $80/user/month, billed annually. Cloud PLM revolutionizes the industry by letting users securely access product lifecycle management (PLM) information from anywhere, on any device, and at any time. Additionally, PTC support is easy to contact and provides excellent service. Accelerate time-to-market and stay ahead. Also, implementing a PDM system likely requires a. Product lifecycle management dramatically improves how companies create, build, support and evolve products and services. It follows, then, that PLM software is a business system offering features that aid in the successful and timely completion of each of these product lifecycle steps. Centric PLM. Autodesk PLM provides multi-CAD integrations that keep teams working in the tools they know and collaborating efficiently across your organization and with suppliers–regardless of file type. The product life-cycle management (PLM) IT market is set to thrive at a CAGR of 6. Price On Request. The fashion company has ongoing targets to connect physical and chemical testing processes to Centric PLM™, have their top 100 vendors integrated, and conduct every step of the quality inspection process in PLM. Enlarge +. 0 strategy. Centric Software provides interconnected PLM modules, which are flexible, configurable. PLM software should seamlessly integrate with other systems. , Sept. Integration with non-SAP applications is quite challenging. Manufacturers may find they can be more agile with product development with the addition of PLM software. This guide covers a variety of topics including the key. Bamboo Rose, retail product lifecycle management, is a unique platform to transform design concepts from development and testing to branding and sales. 8%. Events . Bild is a cloud-based product data and lifecycle management system that empowers teams to effortlessly manage all their hardware assets in a centralized location. Exenta. Connect teams with a real-time actionable ‘single source of the truth’ for product-related data. Accelerate time to market. Change management is also comprehensive and great detail through all required team members. Arena’s product lifecycle management (PLM) software is purpose-built for today’s modern product development challenges. Find the best Product Lifecycle Management (PLM) Software for your organization. Working in the manufacturing industry, you know that at the end of the day, it’s your products that matter the most. Similar to human lifecycle which has five stages- Birth, growth, maturity, decline and death. Contact Us Please use the dropdown below to get in touch with our team. Global PLM Software Market Size is projected to Reach Multimillion USD by 2029, In comparison to 2022, at unexpected CAGR during the forecast Period 2023-2029. Centric PLM. Product innovation requires speed, agility, and compliance. Product Lifecycle Management (PLM) software. According to our primary respondents’ research, the Product Lifecycle Management market is predicted to grow at a CAGR of roughly 8. S. . , Oct. Product Lifecycle Management (PLM) for the innovation battleground→ Changes in customer expectations have led to the need to innovate, develop, and commercialize product offerings faster. Kirk Carlsen, Director of PLM Product Marketing, Oracle. This niche software has features that help mass manufacturers, such as budget allocation software and project timetable trackers. Product lifecycle management (PLM) is the management of product records (e. 8% of the global Product LifeCycle Management and Engineering applications. 3. Businesses can use PLM systems to accomplish faster time-to-market results. Manufacturing users of PLM software are looking for easier-to-use PLM tools, including the latest product data management and CAD/CAM/CAE tools in the age of Industry 4. Nichols: With regard to security, PLM software controls access to data, enabling only appropriate data sharing with different audiences, vendors, and individuals. Here are my top 5 predictions for what we can expect to see in 2023, and how these updates will shape the way we work and collaborate on projects. The Product Lifecycle Management (PLM) Software Market is expected to register a CAGR of 6. Questions to ask a vendor when buying PLM Software . PA), the world leader in 3D design software, 3D digital mock-up and PLM solutions. CAMPBELL, Calif. It provides secure data access to teams across organizations and locations. Being able to create what-if scenarios empowers teams to make strategic decisions faster and achieve sales and margin targets. Centric Softwareは. 3. It integrates processes for each stage of a product's lifecycle across globalized supply chains, making it easier to track and share data along the product value chain – from initial. 3. The call for transparency is louder than ever. You can choose from flexible deployment options (on-premise, cloud, SaaS) for fast time-to-value and lower cost of ownership. 5/5. Doing so entails many benefits such as fewer production errors, reduced cycle iterations and, ultimately, increased speed to market. Connect teams with a single source of actionable truth to. CAMPBELL, Calif. The PLM software market in the automotive sector is poised to grow by $2. 2% from 2022 to 2030. Browse and explore solutions in this industry segment. Key Takeaways. Achieved the objectives and aggressive deployment timelines; Ability to leverage out of the box capabilities, tailor, and build custom solutions on top of an upgradeable platform; Achieved business objectives and goals including. Teamcenter PLM is an adaptable, modern product lifecycle management (PLM) software suite that can be delivered on-premise or as a service to transform the everyday. A PTC e-book that describes the value of using Windchill as your enterprise PLM application suite. PLM software is a solution that manages all of the information and processes at every step of a product or service lifecycle across globalized supply chains. PLM software centralizes and automates process workflows and enables cross-functional collaboration for all stakeholders. Andromeda PLM is a cloud-based product lifecycle system for the fashion industry. 2 Cloud-Based 7. Read more. BRG Sports, which includes the Bell and Giro brands among others, selected Centric Software as their PLM partner in 2011. Product Description. Integration with non-SAP applications is quite challenging. Aras Innovator Delivers. 7. as their Product Development Platform. 3 Billion by 2030, growing at a CAGR of 7. If your PLM software isn’t easy to use your teams won’t use it, so your company won’t reap the benefits. PLM users need open and adaptable tools that work well together, which are often found in the cloud. The fashion company has ongoing targets to connect physical and chemical testing processes to Centric PLM™, have their top 100 vendors integrated, and conduct every step of the quality inspection process in PLM. Compare. PLM software helps in: Reducing the time and cost of product development. Amid the COVID-19 crisis, the global market for Product Lifecycle Management (PLM) estimated at US$40. 655 Campbell Technology Parkway, Suite 200. The Oracle PLM to Cloud Strategy. 42 billion by 2026, registering a CAGR of 6. The statistic shows the size of the product lifecycle management (PLM) and engineering software market worldwide from 2019 to 2025. 3”. PLM software list: 5 of the best product lifecycle management software 2021. Global Product Lifecycle Management Market, Revenue Share (%), By Region, 2022. Centric PLM. Published: 2023-11-04. Give us 60 minutes, and see how our out-of-the-box software transform product go-to-market. Tata Consultancy Services (TCS) MasterCraft™ suite- including DevPlus, TransformPlus, and DataPlus - is a comprehensive set of products that optimize processes across software development, QA, delivery, digital transformation, component-based. 92% during the forecast period. PLM software allows to manage this information throughout the entire product lifecycle efficiently and cost-effectively: from ideation, design, and manufacture to service and disposal. Videos for Product Lifecycle Management (PLM) Software. 02 billion in 2023 to USD 38. PLM software is more than a design or engineering software suite; it is used as a management tool to help guide the release of products into the stages of design, manufacturing, distribution, and eventual decline in the market. 53 Bn in 2022. Vision Artificial Intelligence Software Platform 2021 Vendor Assessment. #1) Jira. Product Life-Cycle Management (PLM) IT. What is quality management. PLM Diminishes End-to-End Inefficiencies. , July 21, 2022 – Following extensive analysis of Product Lifecycle Management (PLM) solutions for the consumer-packaged goods, retail and fashion industries, top consultancy firm, Frost & Sullivan, awards Centric Software the 2022. PLM is a concept which manage and integrates all the data of product from its birth to death. 1. Pronto Xi is a fully integrated enterprise resource planning (ERP) software solution designed to help businesses automate and optimize operations. 3. Key Findings. Product lifecycle management (PLM) software gathers data and manages the operations necessary for companies to develop, produce, sell, and dispose of. If your PLM software isn’t easy to use your teams won’t use it, so your company won’t reap the benefits. Centric levels the competitive playing field by giving emerging brands access to the same cloud based technology and industry best practices as more established companies Discover the transformative power of Centric Software®️ solutions: Centric PLM™️: Drive sustainability and reduce time-to-market. If you are looking for a scalable solution, consider Allegro Pulse. Base year. 60% to reach a value of around USD 43. Overview. 2 / 16. Product lifecycle management, also known more commonly as PLM, is the strategic process of managing a product’s lifecycle from ideation, development to sales and even end of life. 00. SAP PLM is one of the most popular PLM systems available on the market. PDM software is more of an engineering tool, but its functions can be accessed within a PLM. Best PLM software companies in India are Upchain PLM, Arena, Teamcenter Siemens, Autodesk Fusion Lifecycle, and Windchill. Where legacy systems fail → Today’s shift from selling products to offering them as a service requires capabilities that traditional, on-premises One actionable version of the truth from planning to retail. With PLM software, you can handle product design, development, and production in one spot. 9 Billion in 2022. Il permet aux équipes d'accroître leur productivité, de collaborer, d'améliorer la qualité des produits et de raccourcir le délai de commercialisation d'un produit. A December 2021 report by global consulting firm Quadrant Knowledge Solutions has ranked PTC a leader in PLM. TCS MasterCraft™ Product Lifecycle Management (PLM) Software by Tata Consultancy Services. 9. Thanks to a product data management (PDM) module, you can chronicle product designs, necessities and procedures in one central area. 10% during the forecast period (2023 - 2032). com PLM software is a solution that manages data and processes throughout the product lifecycle, from initial idea through development, manufacturing, service, and retirement. 6. Growth momentum & CAGRKey Findings. PolyPM is a 2-in-1 enterprise resource planning (ERP) and product lifecycle management (PLM) solut. Improving collaboration among stakeholders. Vista Outdoor updated the BRG Sports portfolio of brands to the latest version of Centric PLM™, Rebecca Rohrer reflects on the changes Centric PLM has brought to Vista Outdoor. 7. Centric Software is a subsidiary of Dassault Systèmes (Euronext Paris: #13065, DSY. 68 billion by 2027. Centric PLM is a configurable, modular platform that can be adapted to your specific goals and processes. PT. A pioneer of PLM technology, Dassault Systèmes has long been the enabler of the world's greatest industrial transformations. Jira. PLM software also streamlines time-intensive and detail-dense steps by automatically generating necessary documentation, including product information files (PIFs). PLM software is a solution that manages all of the information and processes at every step of a product or service lifecycle across globalized supply chains. The Oracle PLM to Cloud Strategy. Oracle Cloud PLM. Reviewer Function: Product Management. need to be trained to use it. Manufacturers may find they can be more agile with product development with the addition of PLM software. Here is why you need product lifecycle management. This includes the data from items, parts, products, documents, requirements, engineering change orders, and quality workflows. PLM software helps companies get to market up to 75% faster — successfully staying ahead of the competition. 10 % during 2023-2028. 2nd Easiest To Use in Product Data Management (PDM) software. The demand for robust data analytics software platforms in the industry is increasing. PLM SaaS is full-featured product lifecycle management that leverages cloud-computing capabilities and provides the benefits of simplified service delivery. PDM software is more of an engineering tool, but its functions can be accessed within a PLM. The Global Product Lifecycle Management (PLM) in Consumer Goods Market will grow by USD 2. Centric Visual Boards Develop and plan product assortments visually and data-connected. Using our solution, R&D departments can customize real-time indicators and alerts to continuously assess the conformity of the product currently in development. DeSL’s PLM (Product Lifecycle Management) software is the fashion industry’s most collaborative and versatile software. Drive efficiencies in product development and launch with a highly configurable, modular, cloud-based PLM solution with built-in market-driven innovations and best practices for hard goods teams. Arena PLM. Teamcenter Siemens – Best Free PLM Software for 2023. G2’s Best Software Companies Awards are earned based on a combination of G2’s. Improve product quality and reliability. Users. 2 PLM Software Market Size Forecast By Deployment 7. Centric Software is majority-owned by Dassault Systèmes (Euronext Paris: #13065, DSY. Jira mimics the look and feel of in-person agile teams and scrums, so it’s also helpful for remote software teams. The U. Collaboration is easy and innovation, possible. Bilello discussed how remote work enabled PLM-centric companies to endure recent economic uncertainties. the future. Add modules as needed and integrate easily with other enterprise solutions such as ERP, e-commerce, PIM, legacy PLM, supply chain management and 2D and 3D design software. Speed of innovation is the new scale, as companies are continuously trying to outperform one another, and are racing against time to launch new and innovative products. sw . It integrates processes for each stage of a product's lifecycle across globalized supply chains, making it easier to track and share data along the product value chain – from initial. Agile PLM software. 5. Reduce defects and non-conformities. Driving down the cost of poor quality management. The U. Read Full Review. Despite folding businesses and shifts in supply chain needs, the PLM market saw some expansion. The global CAD and PLM Software market size was valued at USD 16936. Add modules as needed and integrate easily with other enterprise solutions such as ERP, e-commerce, PIM, legacy PLM, supply chain management and 2D and 3D design software. Optimize all aspects of product and collection go-to-market from market intelligence through to planning, PLM and robust inventory management. PLM software is a set of tools. BOM management. PLM trends: Bring together MCAD and ECAD design teams. Feb 23, 2023 (The Expresswire) -- "Product Lifecycle Management (PLM) Software Market" Research Report 2023 Provides a Basic overview of the Industry. Read Full Review. Arena’s product lifecycle management solution is the clear choice for. 3 Billion by 2030. Product lifecycle management (PLM) software needs to be able to adapt these changes and support your growth and sustainability initiatives. Ease of use: When selecting the best PLM Software for any business, make sure that it is easy to navigate, and the users will quickly learn how to use it. PDM software provides a shared data repository for engineering workgroups to collaborate and manage design iterations. 7 Billion by 2026. Streamline team collaboration, product information management, and quality control. Looking forward, IMARC Group expects the market to reach US$ 50. 5/5. , parts, assemblies, drawings, documents, AML, ECOs) during new product development and introduction (NPDI). 16. 71 billion in 2020 and is expected to reach USD 32. 5 billion. The product lifecycle management process consists of three stages: the beginning of life (BoL), middle of life (MoL), and end of life (EoL). Streamline team collaboration, product information management, and quality control. This IDC Market Analysis Perspective (MAP) provides the current trends, opportunities, and future outlook for the worldwide product life-cycle management (PLM) software market for 2022 and the foreseeable future. There are some variants to this which consist of 5 product life cycle stages or even 6 stages, but since we’re discussing the traditional product life cycle, we’re going to stick to 4 stages. The unmatched b. Apurva Bhargava, from TrusTrace. Product life-cycle management (PLM) is a data system that will integrate data, processes, business systems, and eventually people in an extended enterprise. This study will present the first results of a wider research that has as main aim to understand how PLM is adopted in the food industry, its limits and its challenges. 21 billion in 2021. Centric also. 6 ( 37 reviews) 2 recommendations. 2. 8% from 2021 to 2028. PLM provides the digital thread backbone that brings together all of your product and process. Define, develop, deliver, and manage innovative and sustainable products by digitalizing PLM for the digital supply chain. The global product lifecycle management (PLM) software market size reached US$ 24. GET A DEMO. Which is best for your Product Lifecycle Management? Siemen's Teamcenter, Arena PLM & QMS, OpenBOM. Oracle Agile PLM is a cloud product lifecycle management software solution that is well-suited for businesses in the semiconductor, consumer goods, medical device and industrial manufacturing industries, among others. In July 2021, Centric Software launched an updated version of product lifecycle management (PLM) solution, as “Centric 8 PLM, version 7. Product data management (PDM), which can also be referred to as product information management (PIM), is the use of software to manage data as it relates to a particular project. OLIVER GROUP’s Centric Software ® PLM project. What is PLM software? PLM software is a solution that manages all of the information and processes at every step of a product or service lifecycle across globalized supply chains.