PLANO, Texas and SEOUL, June 11, 2007 – UGS PLM Software, a division of Siemens Automation and Drives (A&D) and a leading global provider of product lifecycle management (PLM) software and services, today announced that Samsung Electronics Co., Ltd, one of the top ten electronics manufacturers in the world, has won the grand prize in the Asia Pacific’s (AP) PLM Innovation Award 2007. Chery Automobile, Alcatel Shanghai Bell, Haier and Mahindra & Mahindra also received awards for their outstanding submissions.
Hosted by UGS PLM Software for the fourth year in a row, the AP PLM Innovation Award (previously known as the AP PLM Excellence Award) recognizes enterprises within Asia that have achieved exceptional business benefits through the use of PLM software and services. A record number of entries were received this year, with a greater number of entries coming from Japan, China, Korea and India, due to the increasing importance and adoption of PLM throughout the AP region. This year’s award also saw entries from a record number of diverse industries such as automotive, machinery, high-tech electronics and aerospace and defense.
“UGS congratulates Samsung Electronics on its well deserved win,” said Hans-Kurt Lübberstedt, senior vice president, Asia Pacific, UGS PLM Software. “This is a perfect example of how Asian companies are improving their understanding and use of PLM as a critical part of their business strategy and execution.”
Samsung Electronics uses PLM technology from UGS PLM Software as the foundation for its digital convergence revolution, a strategy for achieving the company mission of technology-based value innovation. UGS PLM Software’s solutions are supporting the company’s PLM initiatives including digital product design with automation, bill of material (BOM) management, digital mockups, knowledge management and concurrent engineering. Samsung Electronics’ entry won top accolades for several reasons:
“PLM technology from UGS PLM Software supports Samsung’s PLM initiatives for digital product design with automation, data and bill of material (BOM) management, digital mockups, knowledge management and concurrent engineering,” said Sehyun Kim, vice president, R&D Innovation Team of Samsung Electronics.
The entries were evaluated according to the unique business challenges each company faced, the steps and solutions that each company took to overcome the challenges, the innovation made possible by PLM implementation, the benefits the PLM implementation enabled each company to gain, as well as the next steps in leveraging PLM solutions.
The winner and runner-ups this year will be invited to the UGS Connections 2008 event and the Grand Prize winner will receive a UGS Teamcenter™ Community software and hardware set.
About UGS PLM Software
UGS PLM Software, a division of Siemens Automation and Drives (A&D), is a leading global provider of product lifecycle management (PLM) software and services with 4.4 million licensed seats and 47,000 customers worldwide. Headquartered in Plano, Texas, UGS 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 UGS PLM Software products and services, visit www.siemens.com/ugs.
About Siemens Automation and Drives
The Siemens Automation and Drives Group (A&D), Nuremberg, Germany, is the leading manufacturer in this field worldwide. Products supplied by A&D include standard products for the manufacturing and process industries and for the electrical installation industry as well as system solutions, for example for machine tools, and solutions for whole industries such as the automation of entire automobile factories or chemical plants. Supplementing this range of products and services, A&D also offers software for linking production and management (horizontal and vertical IT integration) and for optimizing production processes. A&D employs 70,600 people worldwide and in fiscal year 2006 (to September 30) earned a group profit of €1.572 billion on sales of €12.848 billion and orders of €14.108 billion, according to U.S. GAAP. Further information about A&D is available in the Internet at www.siemens.com/automation.
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