22 April 2010

Siemens PLM Software Receives Automotive News PACE Award for Information Technology and Services Category

DETROIT and PLANO, Texas, April 22, 2010 – 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 it received an Automotive News PACE Award for its Teamcenter® software In-Vehicle Software (IVS) Management System at the 2010 Premier Automotive Suppliers Contributions to Excellence (PACE) Awards program.

“Receiving a PACE Award in the Information Technology category, which recognizes game-changing innovations in design and implementation of information systems solutions, is an honor for the Siemens PLM Software team,” said Dave Taylor, senior global director, Automotive and Machinery Industry Marketing, Siemens PLM Software. “This technology represents Siemens PLM Software’s continued commitment to advancing the automotive industry through thought leadership and innovation.”

In being awarded the 2010 Automotive News PACE Award, a judge stated: the current number of lines of code is about 10 million in a typical vehicle. By 2015, 100 million lines of code will be within connected vehicles. This technology permits the automakers to monitor every vehicle variation on a global basis down to the vehicle identification number. It also extends the lifetime control an original equipment manager has of its global fleet by leveraging existing software management process that also maintain security protocols for firewalls between competing suppliers.

As OEMs look to differentiate vehicles through intelligent features, the number of embedded software systems supporting these features, which currently make up 70-90 percent of all automotive innovations, are predicted to increase another 30-40 percent in the next three years. The dramatic increase in software feature content consequently increases complexity, rendering traditional methods of managing the software artifacts, such as spreadsheets and simple databases, as well as the software lifecycle, limited and insufficient. Siemens PLM Software’s Teamcenter replaces these traditional methods and provides OEMs with the ability to manage this complexity and enable greater product design flexibility and control. As a result, OEMs can quickly react to individual requests allowing consumers to personalize their vehicles.

“The Teamcenter IVS Management System allows OEMs to turn complexity into a competitive advantage,” said Taylor. “By enabling complete traceability of the lifecycles and artifacts associated with embedded systems, OEMs now have unprecedented insight into and control over their design. This not only enables them to manage software-based innovation while controlling the challenges of design, manufacturing and warranty costs, but also provides a competitive advantage in delivering the ever increasing innovative features consumers want.”

First commercialized in 2004, Teamcenter IVS Management System is a software management solution that accurately manages, allocates, tracks and validates binary software data files being developed and released in vehicles. It is the foundation of PLM, providing companies with a single source of multi-domain knowledge, and has proven results through the many benefits it provides to an OEM, including

  • reduced product development and warranty costs;
  • improved collaboration and synchronization among teams and suppliers;
  • improved resource utilization through the reuse of intellectual property and the elimination of repetitive development tasks; and,
  • improved management of design complexities driven by global product variations, through the accurate representation of the bill-of-material, including software and electronics, for all product configurations.

Automotive News PACE Awards

First introduced to the industry in 1995, the Automotive News PACE Awards are an annual set of recognitions celebrating superior innovation, technological advancement and business performance among automotive suppliers. The 2010 Awards were presented on April 12, 2010, at the Max M. Fisher Music Center in Detroit.

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 6.7 million licensed seats and 63,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with companies to deliver open solutions that help them turn more ideas into successful products. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

About the Siemens Industry Automation Division

The Siemens Industry Automation Division (Nuremberg, Germany) is a worldwide leader in the fields of automation systems, industrial controls and industrial software. Its portfolio ranges from standard products for the manufacturing and process industries to solutions for whole industrial sectors 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. With around 39,000 employees worldwide (September 30), Siemens Industry Automation achieved sales of €7.0 billion in fiscal year 2009. www.siemens.com/industryautomation

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. Teamcenter is a trademark or registered trade mark of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.

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