Best Product Lifecycle Management (PLM) Software for Small Business in 2026

The five most actionable ways PLM can help your company increase efficiency and improve business outcomes are centralizing product data, streamlining workflows, improving collaboration, reducing errors, and accelerating time-to-market.

Key benefits of using PLM to improve NPI (New Product Introduction) efficiency include better collaboration, centralized data management, reduced errors, faster decision-making, and improved product lifecycle management. Real-world examples of NPI best practices may include cross-functional team coordination, early prototyping, and efficient change management.

To resolve the 'Bad date' error when importing data into a revision-controlled workspace, where the 'Version Timestamp' property is mapped to the 'Lifecycle Properties -> Release Date' property, make sure that the date format in your import data matches the expected format in Fusion 360 Manage. Double-check that there are no formatting issues or invalid date values in your data.

The key benefits of using Product Lifecycle Management (PLM) for change management include improved collaboration, better version control, streamlined workflows, reduced errors, and efficient tracking of changes. It helps teams work together seamlessly and ensures that changes are properly documented and approved.

The most widely used PLM (Product Lifecycle Management) software includes Siemens Teamcenter, PTC Windchill, and Dassault Systèmes CATIA. These solutions help manage product development processes efficiently.