BEST PLM SOFTWARE IN 2021

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360QUADRANTS RELEASES A LIST OF BEST PLM SOFTWARE
IN 2021 Product Lifecycle Management (PLM)
software helps businesses integrate data during
the development of a product, process, business
system, and eventually, people, in an extended
enterprise. It is used across various industries
where it helps enterprises to collect data from
items, parts, products, documents, client
requirements, engineering change orders, and
workflows. PLM Software typically uses a module
called IQMS Manufacturing ERP Software to provide
a comprehensive audit trail of a product's
lifecycle from the design and quoting process
through manufacture and maintenance. PLM software
can be used to manage product-related data from
ERP, MES, CAD, AR, IoT technologies, and more. It
helps businesses with new product development,
product enhancements, and also increases
productivity and collaboration, bolsters
creativity, and shortens time to market for a
product. 360Quadrants has picked some of the
Best PLM software providers in the market. This
analysis helps buyers learn more about the PLM
software and make the most correct selection
based on their requirements. All PLM software
providers in this assessment have been compared
against their products offered and business
strategies and were placed on a quadrant, which
is updated every three months. 360Quadrants also
provides a SWOT analysis and helps these software
providers understand new opportunities and areas
of improvement. PLM Software Companies Quadrant
Positioning 360Quadrants has assessed 23 software
vendors that offer PLM software, out of which 23
were placed on a quadrant under the categories
Visionary Leaders, Innovators, Dynamic
Differentiators, and Emerging Leaders. Oracle
Agile, Propel, ProductCenter, and Prodigy have
been identified as Visionary Leaders in the PLM
software market. SAP PLM, PTC Windchill, AutoCAD
Plant 3D, ProductVision, and CMPRO have been
recognized as Innovators in the PLM software
market. Centro, DDM, Aras PLM, DevEX, SolidWorks
Inspection, PRO.CEED, and Teamcenter have been
positioned asthe Emerging Companies in the PLM
software market. OpenBOM, SolidWorks MBD,
Upchain, ENOVIA, Bamboo Rose, Mimic PLM Software,
and Shop Floor have been identified as Dynamic
Differentiators in the PLM software
market. 360Quadrants Assessment
Methodology 360Quadrants has very cautiously
curated and evaluated the TopPLM software
companies. These software providers were
assessed based on more than 90accuratelyselected
data pointers, which were finalized based on the
product and business strategy of the software
provider, and the data collected from buyers as
well as industry experts. All of these data
pointers were given a specific weightage, post
which they were measured. This study also helps
analysts compute the overall score based on which
the PLM software providers were ranked and
positioned on 360Quadrants.
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About 360Quadrants 360Quadrants is the largest
marketplace looking to disrupt USD 3.7 trillion
of technology spends and is the only rating
platform for vendors in the technology space. It
provides users access to unbiased information
that helps them make qualified business
decisions. The platform facilitates deeper
insights using direct engagement with 650
industry experts and analysts and allows buyers
to discuss their requirements with 7,500
vendors. Companies get to win ideal new
customers, customize their quadrants, decide key
parameters, and position themselves strategically
in a niche space to be consumed by giants and
startups alike. Experts get to grow their brand
and increase their thought leadership. The
platform targets building of a social network
that links industry experts with companies
worldwide. 360Quadrants will also be launching
quadrants in fields like Business Intelligence
Software, Retail POS Software, and Inventory
Management Software.