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GURGAON, India, and PLANO, Texas, November 28, 2012 – For the second consecutive year, in its DQ Top 20 PLM Industry Report, Dataquest magazine, India’s top information technology (IT) publication, has declared that Siemens PLM Software is the leading PLM vendor throughout India, one of the world’s fastest growing economies. The findings are based on an in-depth analysis of India’s PLM market and are detailed in Dataquest’s DQ Top 20 PLM Industry Report.
The DQ Top 20 Industry Report is an in-depth analysis of India’s PLM market. The most recent report states that PLM solutions are increasingly permeating the manufacturing ecosystem in India, and in fact, India’s PLM market grew 8 percent from 2010 to 2011.
The automotive industry continued to be the key driver of PLM solution adoption in India, followed by heavy engineering and industrial machinery. These industries also saw an increase in the adoption of PLM solutions by mid-tier manufacturers.
The report also highlights the growing trend of 3D-based PLM applications and the increasing acceptance of these applications in manufacturing environments. Siemens offers two PLM applications that support 3D design, NX™ software, a leading integrated set of solutions for computer-aided design, manufacturing and engineering analysis (CAD/CAM/CAE), and Solid Edge® software, a 3D CAD system for the mainstream market.
The Dataquest findings further indicate that leading PLM vendors in India are now focused on moving beyond metros (the four large cities throughout India including Dehli, Mumbai, Kolkata and Chennai) and traditional manufacturing hubs and extending their solutions to new markets. Siemens’ set of open PLM solutions help enable this expansion with offerings like its Teamcenter® portfolio, the world’s most widely used digital lifecycle management software, and the Tecnomatix® portfolio, its industry leading digital manufacturing software.
“India is an important market for us and Dataquest’s top ranking two years in a row indicates we’re providing the open PLM technology that’s enabling companies to make the right decisions in order to produce superior products,” said Suman Bose, vice president and managing director, Siemens PLM Software, India. “We’re seeing PLM strategies of Indian manufacturers growing in both a broad and deep manner, driving adoption of PLM solutions to support the entire product development process. Dataquest’s recognition is truly an honor for us.”
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 7 million licensed seats and more than 71,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with companies, delivering open solutions to help them make smarter decisions that result in better products. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
The Siemens Industry Automation Division (Nuremberg, Germany) supports the entire value chain of its industrial customers – from product design to production and services – with an unmatched combination of automation technology, industrial control technology, and industrial software. With its software solutions, the Division can shorten the time-to-market of new products by up to 50 percent. Industry Automation comprises five Business Units: Industrial Automation Systems, Control Components and Systems Engineering, Sensors and Communications, Siemens PLM Software, and Water Technologies. For more information, visit www.siemens.com/industryautomation
Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. Teamcenter, Tecnomatix, NX and Solid Edge 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.