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PLANO, Texas, March 6, 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 customers around the globe who have selected products from its Velocity Series™ portfolio.
Siemens PLM Software’s Velocity Series portfolio is the industry’s first comprehensive, preconfigured portfolio of digital product design, analysis, manufacturing and data management software for the PLM mid-market.
“The mid-market is still the fastest growing market segment in the PLM space and these wins illustrate our continued leadership in the segment as companies select our portfolio repeatedly over competitors,” said David Shirk, executive vice president, Marketing, Siemens PLM Software. “These new customers represent both small and medium sized businesses and come from a variety of industries around the world.”
“In the past, we used to think of PLM as a tool for the engineering departments of the 'big boys,'” said Joe Barkai, practice director, Product Lifecycle Strategies Manufacturing Insights, an IDC Company. “But more and more smaller companies are using PLM not only because they are required to do so by their customers, but also because PLM tools are becoming more accessible, and easier to implement and use; all at a lower total cost of ownership. The growth of PLM investment in the SMB market has accelerated over the last several years and is now outpacing the overall PLM market."
Siemens PLM Software today announced the following new customers for its Velocity Series portfolio, several of which selected the company’s software over competitors:
For information about Velocity Series products, 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 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 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. Teamcenter, NX, Solid Edge, Femap, CAM Express 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.