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BOSTON, May 20, 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 announced new versions of the complete Velocity Series™ portfolio, including Solid Edge® software with synchronous technology.
Siemens PLM Software made the announcement in conjunction with its annual industry analyst event that begins today in Boston.
Velocity Series is the PLM industry’s first comprehensive, preconfigured portfolio of digital product design, analysis, manufacturing and data management software for the mid-market. The portfolio was introduced two-and-a-half years ago and since then has achieved consistent and strong growth for Siemens PLM Software.
“Two-and-a-half years ago we were the first to introduce a complete PLM portfolio for the mid-market,” said Tony Affuso, chairman and CEO, Siemens PLM Software. “We are extremely proud of its track record and market adoption. Today the portfolio provides one of the highest growth rates in our product line. The commitment to a PLM portfolio that provides SMBs faster deployment, efficient distribution and low total cost of ownership has been critical to our success.”
Velocity Series revenue growth has continued to grow at almost twice the 14 percent industry rate for the PLM mid-market. In addition to revenue growth, Velocity Series has been instrumental in Siemens PLM Software’s channel expansion, which now has more than 425 channel partners globally and accounts for a third of Siemens PLM Software license revenue. In addition, nearly 90 percent of Velocity Series license revenue now comes from channel partners and more than 80 percent of Velocity Series channel partners now carry multiple Velocity Series portfolio products.
“Our growth reaffirms the demand for PLM from mid-market customers,” said Bruce Boes, global vice president, Velocity Series Marketing, Siemens PLM Software. “The Velocity Series portfolio is unique in the industry. A completely scalable portfolio of PLM solutions with a focus on delivering pre-configured best practices has made Velocity Series products easier to implement and use, with one of the lowest total costs of ownership in the industry, while protecting SMB customer investment. We continue to provide advancements for all products while keeping them integrated. Velocity Series provides a completely unified CAD and PDM environment and full associativity between CAM and CAD, as well as embedded CAE in CAD. Most importantly for SMBs, the portfolio provides the ability to start anywhere and expand as needs develop.”
“Siemens PLM Software’s Velocity Series has been one of the first to pursue a broad PLM approach for mid-market companies, and their experience in expanding customer implementations across multiple domains validates their standalone yet integrated product portfolio approach,” said Ed Miller, president of CIMdata. “As with larger organizations, mid-market companies don’t typically implement a complete PLM strategy at one time. Rather, they implement PLM through a series of steps that incorporate various processes and technologies at a pace that their organizations can accommodate. This allows them to realize both immediate and long-term value.”
Solid Edge is the CAD component of the Velocity Series. The new release is the first version of Solid Edge to incorporate Siemens PLM Software’s breakthrough digital product development technology announced last month. Solid Edge with synchronous technology is a complete feature-based 2D/3D CAD system that combines the speed and flexibility of direct modeling with precise control of dimension-driven design. Solid Edge with synchronous technology will fundamentally change the way engineers design using CAD software. With the increased flexibility of history-free feature-based modeling, designers will be able to generate more options in less time, improving innovation and quality, while reducing time to market.
In addition to history-free, feature-based modeling, new features include breakthroughs in “Procedural Features” for parameterized edits without an ordered recompute, a “Synchronous Solve” that allows edits regardless of creation order, new “Live Rules” to infer function from existing geometry, and 3D “Driving Dimensions” that allow dimensional changes to completed models – all of which are enabled by a new flexible user “Grab and Go” interaction paradigm. (See separate press release.)
Teamcenter® Express is the preconfigured collaborative product data management (cPDM) component of the Velocity Series. The latest release is Version 4, featuring improved collaboration and control for project managers, lead engineers and shop floor users. Two new modules help SMBs streamline their engineering resources and widen access to their product data. The first is an embedded project and program management option for project managers. The second is a lower cost web client for shop floor users that delivers the same fast access to product data that industry analysts calculate saves designers and engineers 10 to 12 percent of their time. Teamcenter Express now includes targeted support for these key roles and further improves the ability of SMBs to introduce new products to market faster and with best-in-class quality, while optimizing the use of their resources.
CAM Express is the NC programming component of the Velocity Series. It covers a wide variety of programming requirements, including high speed machining, multi-function mill-turning and 5-axis machining. The latest release is Version 6 and features substantial advances in 3-axis machining and feature-based automation. Features include new cutting strategies for curve/edge and 3D profile cutting, optimized corner rounding techniques, smoother finish cuts through specialized point distribution, as well as new toolpath editing/dividing tools. In addition, version 6 includes feature recognition and knowledge editor technology from Tecnomatix®, Siemens PLM Software’s digital manufacturing software portfolio, which can cut as much as 90 percent of programming time for repeatable features.
Femap® is the finite element analysis (FEA) component of the Velocity Series. The latest release, Version 10 helps users create FEA models easily and quickly from CAD data through new meshing capabilities. It automates current meshing technology, while adding new interactive meshing and model and element checking functionality. These enhancements combined with new pre-defined and standardized workflow methods make it easier to consistently and accurately produce meshed models for analysis an order of magnitude faster than today. Version 10 also strengthens Femap’s solver integration support to continue its strength as a standalone solver-neutral FEA modeling solution.
Solid Edge with synchronous technology, Teamcenter® Express V4 and CAM Express V6 will be available next quarter, with Femap following for the following quarter. For more information, visit www.siemens.com/velocity.
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 5.5 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 www.siemens.com/plm.
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. Solid Edge, Tecnomatix, Femap, Teamcenter and Velocity Series are trademarks or registered trademarks 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.
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