Oracle PLM Reviews & Pricing

by Oracle | Founded 1977, Santa Clara, CA

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What is Oracle PLM?

Industry Specialties: Serves all industries.

Oracle PLM is a comprehensive product lifecycle management (PLM) solution designed to streamline and automate the entire product development process, from concept to end-of-life. It provides a single platform for managing all product data, including requirements, designs, bills of materials (BOMs), and manufacturing processes. This platform is particularly beneficial for large and complex manufacturing businesses, especially those with global operations. Key benefits include improved collaboration, reduced product development time, increased product quality, and lower costs. Popular features include product data management (PDM), process management, change management, and supplier collaboration. Users appreciate the platform's stability, scalability, and integration capabilities. While Oracle PLM offers extensive functionality, its cost can be a significant barrier for smaller businesses. The pricing model is complex and typically based on a combination of factors such as the number of users, deployment type (on-premise or cloud), and required modules. Overall, Oracle PLM is a powerful PLM solution with a proven track record of success in large and complex organizations. However, its hefty price tag and complex pricing model may make it less attractive for smaller businesses.

Pros

Streamlines product development process
Improves collaboration and communication
Reduces product development time and costs
Increases product quality and consistency
Scalable to accommodate large and complex products

Cons

High cost of implementation and maintenance
Complex to learn and use
Requires significant IT infrastructure
Limited customization options
Not suitable for small businesses

PRICE

COMPANY SIZE

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#3

Oracle PLM is ranked #3 on the top 10 PLM Software leaderboard based on a comprehensive analysis performed by SelectHub research analysts. Compare the leaders with our In-Depth Report.

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Oracle PLM Pricing

Based on our most recent analysis, Oracle PLM pricing starts at $13,800 (Annually).

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Starting From: $13,800
Pricing Model: Annually
Free Trial: No

Training Resources

Oracle PLM is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Oracle PLM:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Oracle PLM Benefits and Insights

Why use Oracle PLM?

Key differentiators & advantages of Oracle PLM

Seamless Product Requirement Monitoring: Chronicle, rank and confirm requirements needed to push innovation notions for effortless planning and designing phases. Recycle current templates, track design requirements and confirm items to diminish product introduction hazards.
Decrease Supply Dangers: Diminish supply risks and track part preferences for manufacturing across all stages via a single filter of approved parts and suppliers for enhanced efficiency.
Simplify Preventive Practices: Address problems, reduce reoccurrences and push repetitive improvements with closed-loop corrective action procedures with product development, enterprise change, document management and inspection integrations.
Pinpoint Insights Faster: Create rapid, detailed decisions while alleviating problems via predictive and linked 360-degree product quality views throughout the PLM and supply chain operations to understand and resolve minor issues before they become major problems.
Supervise Omnichannel Traffic: Guarantee that whole and regulated product data is published on all sales channels while simultaneously sharing info through your supply chain, ERP and other platforms for increased customer awareness and satisfaction.

Industry Expertise

Oracle Fusion Cloud PLM serves all industries.

Synopsis of User Ratings and Reviews

Based on an aggregate of Oracle PLM reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

Streamlined Workflows: Oracle PLM centralizes all product data and processes, eliminating silos and simplifying collaboration.
Improved Decision-Making: Real-time insights and centralized data empower informed decisions throughout the product lifecycle.
Enhanced Collaboration: Collaborative tools facilitate seamless communication and information sharing across teams.
Reduced Costs: Streamlined processes, improved efficiency, and fewer errors lead to significant cost savings.
Increased Scalability: Oracle PLM adapts to accommodate the growing needs of businesses and complex product portfolios.
Robust Security: Comprehensive security features and access controls ensure data protection and compliance.

Cons

High Cost: Licensing, implementation, and maintenance can be prohibitively expensive for smaller businesses.
Complex Interface: Steep learning curve and extensive features require significant user training and ongoing support.
Limited Customization: May not be suitable for highly specific workflows or require extensive customization effort.
Potential Vendor Lock-in: Migrating to other PLM solutions might be difficult due to data integration complexity and proprietary technologies.
Limited Cloud Scalability: While cloud-based solutions offer flexibility, scalability options may be restricted compared to on-premise deployments.

Researcher's Summary:

Oracle PLM users report a mix of positive and negative experiences. While some praise its robust features and customization options, others find it complex and clunky. Many users appreciate Oracle PLM's ability to manage complex product lifecycles, especially in highly regulated industries. One user remarked, "It's great for tracking changes, managing compliance, and ensuring traceability throughout the entire product lifecycle." Another user echoed this sentiment, stating, "For complex products with lots of moving parts, Oracle PLM is a lifesaver." However, several users criticize Oracle PLM's steep learning curve and lack of user-friendly interface. One user lamented, "It took me forever to figure out how to do even the simplest tasks." Another user commented, "The interface is outdated and clunky, making it difficult to navigate and find what you need." Some users also feel that Oracle PLM is overpriced compared to other PLM solutions. One user noted, "There are other PLM systems out there that offer similar functionality at a fraction of the cost." Another user stated, "For the price, Oracle PLM should be much more user-friendly." Despite these criticisms, some users believe that Oracle PLM's strengths outweigh its weaknesses. One user commented, "Sure, it's not perfect, but it's the most powerful and comprehensive PLM solution on the market." Another user stated, "If you need a robust PLM system that can handle complex products and regulations, Oracle PLM is the way to go." Ultimately, whether or not Oracle PLM is the right solution for your business depends on your specific needs and budget. If you have complex product lifecycles and require a high degree of customization, Oracle PLM may be a good fit. However, if you are on a tight budget or need a more user-friendly solution, you may want to consider other PLM options such as Siemens Teamcenter or Dassault Systèmes ENOVIA.

Key Features

Innovation Management: Equalize core, adjacent and transformational innovation protocols while concurrently meeting resource risk mitigation and budget boundaries. Leverage best-practice analyses to choose innovation portfolios that best execute strategic and revenue goals.
Product Development: Ensure product compliances are met and track revisions across the product's complete lifecycle. Revise processes to ever-changing global regulations, efficiently monitor engineering paperwork and draft compliant goods.
Quality Management: Garner and perform root-cause analysis for quality problems such as IoT, field service, incoming and work-in-progress practice assessments.
Product Master Data Management: Obtain a centralized location to condense product information without interrupting ERP and supply chain activities. Unify information from multiple ERP applications based on growth, mergings or purchases.
Configurator Modeling: Steer clients to suitable products by clarifying the customization process with top-tier questions and linking answers to one or several option selections.

Approach to Common Challenges

Data Silos and Inconsistent Information: Oracle PLM provides a single platform for managing all product data, ensuring consistency and accessibility across the entire organization. This eliminates the need for disparate systems and reduces the risk of errors and delays.
Lack of Collaboration and Visibility: Oracle PLM offers collaborative tools and features that enable real-time communication and information sharing across teams. This improves transparency, streamlines decision-making, and accelerates product development.
Inefficient Change Management: Oracle PLM implements a structured change management process that tracks changes, manages approvals, and ensures traceability throughout the product lifecycle. This minimizes errors and rework, reduces costs, and maintains compliance.
Complex Product Structures and BOM Management: Oracle PLM provides advanced features for managing complex products with multi-level BOMs. This simplifies BOM creation and maintenance, improves accuracy, and streamlines manufacturing processes.
Limited Visibility into Product Costs: Oracle PLM integrates with cost management tools and features, providing real-time insights into product costs throughout the development process. This enables informed decision-making and helps optimize cost efficiency.
Compliance Challenges: Oracle PLM offers features that support compliance with various industry standards and regulations. This reduces risk, minimizes compliance delays, and ensures product safety and quality.
Scalability and Integration Challenges: Oracle PLM is a highly scalable platform designed to accommodate the needs of large and complex organizations. It also offers extensive integration capabilities with other enterprise systems, ensuring seamless data flow and process automation.

Cost Of Ownership

Frequently asked questions regarding Oracle PLM pricing include:

Q: What are the typical licensing costs for Oracle PLM?
A: Costs vary depending on deployment type (cloud vs. on-premise), user count, and required modules. Cloud subscriptions start as low as $13,800/year, while on-premise licenses can reach six figures. Understanding your specific needs and negotiating with Oracle are crucial for securing a competitive quote.
Q: What additional costs should I consider beyond licensing?
A: Implementation, training, customization, and maintenance services add significant expenses. Hardware infrastructure for on-premise solutions and integration costs with existing systems are also notable factors. Budgeting for ongoing support and upgrades is crucial to ensure long-term platform value.
Q: How can I estimate the return on investment (ROI) for Oracle PLM?
A: Quantifiable benefits include reduced product development time, lowered costs, improved quality, and increased revenue. Calculating the impact on your specific business requires detailed analysis of existing processes and projected improvements. Consulting with Oracle or experienced PLM professionals can guide your ROI assessment.

Limitations

Notable limitations of Oracle PLM include:

Limited customization options: May not be suitable for highly specific workflows or require extensive customization effort.
High learning curve: complex interface and extensive features may require significant user training and support.
Steep implementation cost: upfront costs for licensing, hardware, implementation, and training can be prohibitive for smaller businesses.
Limited cloud scalability: while cloud-based solutions offer flexibility, scalability options may be restricted compared to on-premise deployments.
Potential vendor lock-in: migrating to other PLM solutions might be difficult due to data integration complexity and proprietary technologies.

Suite Support

Email: Not specified.

Phone: Information not given.

Training: Support training and product documentation.

Tickets: Information not given.

FAQ

Frequently asked questions regarding Oracle PLM include:

Q: How does Oracle PLM compare to other PLM solutions?
A: Oracle PLM offers a comprehensive suite of features and robust scalability, making it suitable for large and complex organizations. However, its complexity and cost can be a challenge for smaller businesses. Alternatives may offer simpler interfaces and lower costs, though may lack specific functionalities.
Q: How easy is it for users to learn and adopt Oracle PLM?
A: Oracle PLM boasts extensive functionalities but comes with a steep learning curve. Intensive training and support are crucial for successful user adoption and process integration. Organizations must consider the investment required to ensure user proficiency.
Q: How does Oracle PLM support data security and compliance?
A: Oracle PLM offers comprehensive security features and robust access controls to safeguard sensitive product data. Additionally, it provides built-in compliance tools and certifications to support adherence to various industry regulations. This ensures data integrity and minimizes regulatory risks.
Q: How does Oracle PLM integrate with other enterprise systems?
A: Oracle PLM offers a wide range of pre-built connectors and integration tools to seamlessly integrate with other enterprise systems, such as ERP, CRM, and CAD applications. This facilitates data flow, streamlines workflows, and eliminates data silos.
Q: What are the available deployment options for Oracle PLM?
A: Oracle PLM offers both on-premise and cloud-based deployment options. Choosing the right option depends on specific needs, budget, and IT infrastructure. On-premise solutions provide greater control and customization, while cloud-based options offer flexibility, scalability, and lower upfront costs.