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Lifecycle Cost Management Software

Lifecycle Cost Management Software Reviews and Ratings

What is Lifecycle Cost Management Software?

Lifecycle Cost Management Software is a specialized tool designed to assist organizations in managing the total cost of ownership of their assets throughout their entire lifecycle. This type of solution is crucial for financial analysts, cost engineers and businesses that rely heavily on physical assets, such as manufacturing plants, infrastructure, or large equipment, as it helps them plan, analyze, and optimize costs from acquisition through operation and maintenance to eventual disposal. It often includes features such as performing cost analysis to forecast future expenses, generating insights into asset performance and lifecycle trends, as well as allowing users to model different scenarios and simulate outcomes. This holistic approach allows organizations to make informed decisions about asset management, ensuring that they maximize value while minimizing costs.

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Logo of SAP Product Lifecycle Costing

SAP Product Lifecycle Costing

By SAP

4.7
(7 Ratings)

SAP Product Lifecycle Costing is a software application designed to support manufacturers and product development teams in calculating and simulating the costs of products throughout their lifecycle. The software enables users to estimate costs early in the design and quotation phases by offering detailed cost breakdowns, version control, and scenario analysis. It facilitates collaboration among engineering, procurement, and finance departments, helping organizations understand cost drivers, optimize product development processes, and make informed decisions. Through integration with other enterprise resource planning tools, the software assists businesses in tracking and managing product cost structures from initial concept through production, supporting cost transparency and ongoing profitability management.

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CostPerform

By CostPerform

4.4
(4 Ratings)

CostPerform is a cost and profitability modeling software designed to help finance teams clearly understand the drivers of cost, margin, and performance. Its architecture enables organizations to build driver-based cost models, allocate resources transparently across business units and processes, and measure profitability with confidence. The software supports advanced costing methodologies used across industries, such as activity-based costing (ABC), time-driven activity-based costing (TDABC), and multi-dimensional costing. These methods allow organizations to identify inefficiencies, optimize spending, and support pricing, investment, and regulatory decisions with defensible data. Integrated modeling and reporting features then provide clear visibility into financial data, cost structures, and performance insights to support strategic decision-making.

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Logo of Teamcenter

Teamcenter

By Siemens

5
(4 Ratings)

Siemens Teamcenter is a product lifecycle management (PLM) platform widely used by discrete manufacturing industries to unify multidisciplinary product data and process management. Teamcenter provides robust tools for design collaboration, engineering change and BOM management, end-to-end traceability, and workflow automation. The system supports multi-CAD integration, manufacturing process planning, digital twin visualization, supplier collaboration, and compliance management. Available both on-premises and via Teamcenter X SaaS cloud, Teamcenter enables organizations of all sizes to accelerate product development, drive process efficiency, and ensure quality across the entire lifecycle. The platform’s flexible architecture integrates with ERP, MES, ALM, and other enterprise applications for true digital thread connectivity.

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Logo of GE Vernova

GE Vernova

By GE Vernova

4.3
(3 Ratings)

GE Vernova software delivers solutions for energy sector operations, focusing on asset management, optimization, and data analytics to support grid reliability and efficiency. The software enables users to monitor and control diverse energy infrastructure, including generation, transmission, and distribution systems. It incorporates tools for predictive maintenance, fleet performance analysis, and situational awareness to enhance operational decision-making. The software addresses the need for improved asset utilization, outage management, regulatory compliance, and operational transparency within utilities and energy providers. By centralizing data and automating workflows, the software assists organizations in reducing downtime and managing energy resources with greater precision.

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Logo of Camfil LCC Green

Camfil LCC Green

By Camfil

Camfil LCC Green is a software developed for monitoring and managing air filtration solutions in various environments. The software enables users to optimize filter performance, track maintenance schedules, and analyze energy consumption related to air filtration systems. It provides data-driven insights to help organizations improve indoor air quality while controlling operational costs. By automating reporting and facilitating comparisons of different filtration units, the software addresses the business need for more efficient facility management and regulatory compliance within air quality standards. Camfil LCC Green supports decision-making processes for filter selection and replacement, contributing to streamlined operations.

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D-LCC

By ALD

D-LCC is a software designed for lifecycle cost calculation and analysis, typically used in the domains of engineering, manufacturing, and maintenance planning. The software enables users to model, analyze, and forecast costs incurred throughout the lifecycle of a product, system, or asset. It supports decision-making by allowing the input and simulation of various scenarios, cost structures, and timeframes, facilitating an evaluation of total ownership costs. Features include customizable reporting, integration with maintenance and reliability data, and the ability to support compliance with international standards. The software addresses business needs for comprehensive cost assessment, budgeting, and resource allocation by providing data-driven insights into long-term financial impacts.

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Isograph Availability Workbench

By Isograph

Isograph Availability Workbench is a software designed for reliability, availability, and maintainability analysis of complex systems. The software offers features for modeling system configurations, performing quantitative risk assessments, and conducting Failure Modes and Effects Analysis. It enables users to evaluate equipment reliability, forecast plant availability, and optimize maintenance strategies. The software supports a range of analysis techniques including reliability block diagramming, fault tree analysis, and life cycle cost estimation. It is applied in industries such as manufacturing, energy, and transportation to address challenges related to equipment downtime and maintenance planning by providing data-driven insights for decision making.

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One Click LCA

By One Click LCA

One Click LCA is a software designed for life cycle assessment and environmental impact calculations in construction and manufacturing sectors. The software enables users to evaluate carbon emissions, resource efficiency, and overall sustainability of buildings, infrastructure, and products throughout their lifecycle. It offers tools for automated data import, compliance reporting, and integration with design and modeling platforms. The software supports international standards for environmental assessment and facilitates benchmarking, certification preparation, and regulatory compliance. By streamlining data management and analysis, One Click LCA aids organizations in identifying opportunities for reducing environmental footprints and meeting sustainability goals within project workflows.

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Opus Suite

By Systecon

Opus Suite is a software solution designed to support decision-making in the management and optimization of systems' life cycle performance and costs. The software offers modeling and analysis capabilities for areas such as logistics support, operations, maintenance, and resource planning. It allows users to simulate and evaluate different support strategies, predict key performance indicators, and analyze economic implications over the lifespan of technical systems. Opus Suite addresses business challenges faced by organizations aiming to balance system availability, reliability, and life cycle cost efficiency in sectors such as defense, aerospace, and transportation.

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SEER SEM

By Galorath

SEER SEM is a software designed to support the estimation, analysis, and planning of software projects. The software enables users to create defensible project forecasts by modeling various factors such as cost, effort, schedule, staffing, and risk. SEER SEM provides tools for evaluating different project scenarios, analyzing requirements, and estimating software sizing, productivity, and resource needs. The software assists organizations in improving project outcomes by offering insight into project feasibility, potential risks, and resource allocation. SEER SEM addresses the challenge of software project management by enabling informed decision-making and enhancing the reliability of cost and schedule projections.

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Popular Product Comparisons

SAP Product Lifecycle Costing vs TeamcenterCostPerform vs TeamcenterGE Vernova vs SAP Product Lifecycle CostingCostPerform vs SAP Product Lifecycle Costing

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

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