Siemens PLM Software: Key Milestones Achieved During Its First Year
New Reports from Leading Industry Analysts Highlight Siemens PLM Software's Growing Position as a Leader in the PLM Market and its Commitment to Digital Product Development
PLANO, Texas, May 13, 2008 - Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, today celebrated a series of milestones achieved during its first year as part of Siemens AG - capped by the results of two new reports from leading industry analyst firms highlighting its growing position as a leader in the PLM market and its commitment to digital product development through the establishment of a new standard for mechanical computer-aided design (CAD).
"In the one year since Siemens AG announced the close of its acquisition of UGS, we have successfully integrated our operations into those of Siemens while concurrently growing our business and capturing market share in the PLM industry," said Tony Affuso, chairman and CEO of Siemens PLM Software. "It's been a strong first year for us as part of Siemens, and we look forward to a long and successful future as a member of the Siemens family."
"In addition, we moved forward with our Unified Product and Production Initiative, which we believe will fundamentally alter the landscape of what companies can expect from industry software by providing them with greater speed and confidence in bringing products to market than they have ever experienced," said Dr. Helmuth Ludwig, president, Siemens PLM Software. "And more recently at Hanover Fair, we launched our new synchronous technology thanks to Siemens' ability to accelerate this breakthrough technology to market. Siemens and UGS are a great combination and are off to a fast start."
"Congratulations to Siemens PLM Software for a fantastic year - we are so pleased to have the team as part of the Siemens family. Our shared vision of unifying the product and production lifecycles is becoming a reality," said Peter Loescher, president and CEO, Siemens AG during a site visit at the Siemens PLM Software location in Detroit.
New Analyst Reports
Siemens PLM Software today announced the results of two new reports from leading industry analyst firms, including a new report from Forrester Research highlighting its growing position as a leader in the PLM market.
"Siemens PLM (Software) continues to build on its legacy of innovation in the PLM space by constantly raising the bar with the depth and breadth of their product offerings," according to an April 2008 report The Forrester Wave(TM): Product Life-Cycle Management Applications, Q2 2008. The report also states, "Siemens PLM also leads (the PLM market) in overall strategy; the latest Teamcenter® 2007 platform formalizes many prior investments in shared services and common components into a unified architecture that will facilitate more industry-focused solutions and a tighter end-to-end PLM data model.
"Customers we spoke with conveyed Siemens PLM Software's strategy as a key differentiator, specifically citing the company's vision for an open product/process data platform and industry-leading integrations that drives future value."
Another new report, from Gartner, underscores Siemens PLM Software's commitment to mechanical digital product development, or CAD, computer-aided manufacturing (CAM) and computer-aided engineering (CAE). The new report entitled, "Siemens Reaffirms Its CAD Future with Synchronous Technology," focuses on Siemens PLM Software's technology advancement and the drive to dispel speculation that it will abandon mechanical CAD as a core competency. The report also reinforces the forecast by Gartner -- which recently reported that "Siemens has become one of the largest and most important providers of software serving the needs of manufacturers" -- that a new generation of CAD will replace procedural history-based modeling as the mainstream approach to mechanical CAD and that our breakthrough release of synchronous technology has the ability to set a new standard for the industry.
About Siemens PLM Software
Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a leading global provider of product lifecycle management (PLM) software and services with 4.6 million licensed seats and 51,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software's open enterprise solutions enable a world where organizations and their partners collaborate through Global Innovation Networks to deliver world-class products and services. For more information on Siemens PLM Software products and services, visit http://www.siemens.com/plm.
About the Siemens Industry Automation Division
The Siemens Industry Automation Division (Nuremberg), a division of the Siemens Industry Sector, is a worldwide leader in the fields of automation systems, low-voltage switchgear and industrial software. Its portfolio ranges from standard products for the manufacturing and process industry to solutions for whole industries and systems that encompass the automation of entire automobile production facilities and chemical plants. As a leading software supplier, Industry Automation optimizes the entire value added chain of manufacturers - from product design and development to production, sales and a wide range of maintenance services.
Jim Phelan
Director, PLM Media Relations
Siemens PLM Software
13690 Riverport Drive
Maryland Heights, MO 63043
Tel. 314-264-8216
Fax. 314-264-8926
Mobile 314-265-1893
jim.phelan@siemens.com
www.siemens.com
