GURGAON, India, and PLANO, Texas, November 15, 2011 - 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 that the company has been recognized as the leading PLM vendor in India by Dataquest, India’s top information technology magazine. Dataquest ranked Siemens PLM Software as the leading vendor in the PLM market in India during 2010-2011 with a market share of 22 percent. These findings, based on an in-depth analysis of the PLM market, were announced by Dataquest in September 2011 and are detailed in their recent DQ Top 20 Industry Report.
According to the DQ Top 20 report, the PLM market in India registered a robust growth of 22 percent during 2010-2011, with an overall market size of Rs. 684 Crores (USD $140 Million). With Indian enterprises going global, the concept of “design anywhere-build anywhere” was found to be gaining momentum resulting in increased collaboration between design and manufacturing departments, thereby leading to increased adoption of PLM solutions across diverse industry segments. Industry segments like automotive, aerospace, heavy engineering and industrial machinery were identified as the key drivers of PLM adoption in India.
The Dataquest findings further indicate an increased interest in PLM among the top management of Indian enterprises, with PLM featuring prominently on the CIO’s agenda. This signals a growing realization among Indian enterprises of the strategic value of PLM as an innovation platform that provides a competitive edge in the market.
“We are honored to receive this recognition in the DQ Top 20 Industry Report and would like to thank Dataquest for recognizing the value of PLM as a critical vertical enterprise application domain,” said Suman Bose, Managing Director, Siemens PLM Software, India. “This ranking is a testament to the value we provide to Indian enterprises through superior PLM solutions combined with a strong network of sales, support and training partners across the country. We would like to thank all our customers in India for their faith and patronage over the years and look forward to further enhancing the business value we provide to Indian enterprises in the future.”
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 6.7 million licensed seats and more than 69,500 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) 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
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