GURGAON, India, January 31, 2008 – Siemens PLM Software, a business unit of Siemens Industry Sector and a leading global provider of product lifecycle management (PLM) software and services, today announced that it has expanded its sales channel in India, adding five new channel partners for Siemens Velocity Series™ software products.
These channel partners add capacity in the sales and support of Siemens PLM Software products throughout India to meet growing demand. The five new channel partners are Digital Design Solutions, ExpertnetCAD, 3D Engineering Solutions, Solid Vision and Gnosis Infotech. These partners have sold Siemens PLM Software products purchased from a distributor for the past 10 years and will now work directly with Siemens PLM Software. These companies achieved significant revenue growth over the last year and together, they serve more than 1,000 customers throughout India.
“We’ve pioneered the PLM industry in India for 20 years and believe these new channel partners will continue to increase the adoption of our software,” said Hans-Kurt Lübberstedt, senior vice president, Asia Pacific, Siemens PLM Software. “We welcome these new partners in helping our customers meet their business growth goals.”
“The addition of these new partners reinforces the strong network of channel partners, established by us over many years,” added Narendar Reddy, vice president and general manager for India Operations, Siemens PLM Software. “We look forward to leveraging their strengths in their respective markets, while equipping them with all the knowledge and skills necessary to address the requirements of our customers. With a portfolio of market-leading PLM solutions and a strong channel in place, we intend to further consolidate our leadership position in the Indian market.”
Siemens PLM Software has more than 2,200 customers in more than 50 cities across India. Its customer list includes leading manufacturing enterprises from industries like automotive, heavy engineering and machinery, tooling, aerospace and defense, as well as a growing list of small to mid-sized companies. In addition, the company’s products are also used to train students at more than 300 engineering colleges and training centers across the region.
Siemens PLM Software, a business unit of Siemens Industry Sector, 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 Sector and its products and solutions address industry customers in the fields of production, transportation and building systems. The sector, newly formed on Jan. 1, 2008, is primarily comprised of the business activities of the former Siemens Groups A&D, I&S, SBT, Osram and TS. Approximately 209,000 employees currently work in the Industry Sector. The sector’s businesses generated revenues of roughly €40 billion in fiscal 2007. Further information about the Siemens Industry Sector is available at www.siemens.com/industry.
Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. Velocity Series is a trademark 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.