Siemens PLM Software: Key Milestones Achieved During Its First Year
14 May 2008 - 3:30AM
PR Newswire (US)
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
/PRNewswire/ -- 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). (Logo:
http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ) "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(R) 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. Note: Siemens and the Siemens logo
are registered trademarks of Siemens AG. Teamcenter is a trademark
or registered trademark of Siemens Product Lifecycle Management
Software Inc. or its subsidiaries in the United States and in other
countries. All other trademarks, registered trademarks or service
marks belong to their respective holders.
http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO
http://photoarchive.ap.org/ DATASOURCE: Siemens PLM Software
CONTACT: Mendi Paschal, +1-972-987-3210, , of Siemens PLM Software
Web site: http://www.siemens.com/plm
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