Innovation and collaborative, synchronized program management for new programs
PLANO, Texas, February 9, 2009 – 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 a new global initiative and online resource center (www.siemens.com/plm/answers/mle) designed to show medium to large enterprises how implementing a PLM strategy can help them address today’s global business challenges and turn more of their ideas into successful products.
“Today’s economic conditions put PLM on the agenda of virtually all medium to large enterprises,” said Eric Sterling, vice president, Enterprise Portfolio Marketing, Siemens PLM Software. “Whether looking to expand their customer base in global markets, or seeking to leverage global resource pools where costs are more competitive, ‘going global’ is a requirement. The initiative we are announcing today focuses on enabling our customers to manage the complexities of a lean global enterprise with the simplicity of a local environment.”
Research by industry analysts further validates the need to deal with the challenges of globalization and why – particularly in today’s economic climate – it is the leading priority for most medium to large enterprises.
Kevin O’Marah, Chief Strategy Officer, AMR Research, made the following statements in a recent video interview conducted with Siemens PLM Software, “In today’s global business environment the requirement…to bring new and profitable product to market, couldn’t be higher. (This) environment…requires a system and an approach to managing information around your product that allows you to deal with those varied environments and still make money. (There is) really no way to compete in this global design-anywhere, make-anywhere, build-anywhere environment without a PLM strategy, so it is, I think, a prerequisite for competitiveness in today’s global business environment.”
In October 2008, AMR Research said in the article Five Lynchpins of PLM Not to Sacrifice in an Economic Storm, “All businesses need to take some cost cutting measures to survive an economic downturn. But these measures cannot be at the expense of product development, supply, and manufacturing efficiency. If anything, the current economy can be an opportunity to assess where you can be more efficient in the product lifecycle.”
In its new initiative, Siemens PLM Software shows how top performing customers have addressed global business challenges to implement concurrent processes that reduce time-to-market by up to 30 percent, enable as much as 90 percent data reuse across global facilities and increase quality with up to 95 percent less rework.
Offered in the online resource center are videos and white papers that provide analyst perspectives on today’s global business challenges, as well as video and written case studies on how companies in different industries have addressed their challenges.
Also available on Siemens PLM Software’s new online resources center are details on related PLM capabilities to support product development and manufacturing roles. For more information on how medium to large enterprises can address their global business challenges with PLM, go to www.siemens.com/plm/answers/mle.
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 5.9 million licensed seats and 56,000 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.
The Siemens Industry Automation Division (Nuremberg, Germany) 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 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 42,900 employees worldwide Siemens Industry Automation achieved in fiscal year 2008 total sales of EUR8.7 billion.
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