Press Release

Seoul, Korea and Plano, Texas, January 9, 2018

Korean Food Manufacturer Selects Siemens’ Teamcenter to Optimize Product Development

  • Binggrae to improve competitiveness with more efficient product development and product improvement
  • Streamlined procedures help set up a brand-focused intellectual property system and new schedule management process

Binggrae, a leading food manufacturer in Korea, has selected Siemens’ Teamcenter® software to enhance its entire product development cycle. With the introduction of Teamcenter, the world’s most widely used digital lifecycle management software, Binggrae expects to shorten lead times for product development and product improvement in order to improve competitiveness and accelerate product innovation. With its optimized infrastructure for collaboration and product lifecycle management Teamcenter help Binggrae establish brand-focused intellectual property systems and set a cross functional team (CFT)-based schedule management system. Through brand-focused information management, an efficient and accurate decision making process can be established to lay the groundwork for effective management and operation of multiple projects.

“We expect Siemens’ software to help us optimize our product development processes and lay the foundation for quicker development to manufacture highly competitive products by establishing a cooperative system,” said Mr. DongKi Ha, Head of Information Innovation team at Binggrae. “Teamcenter software provides PLM processes and product development functions ideal to consumer goods manufacturers like Binggrae. With the adoption of Teamcenter, we could establish an advanced data management system that integrates marketing and research and development.

In accordance with rapidly changing tastes and preferences of its consumers, Binggrae needed to develop a new infrastructure system to manage product data systematically throughout the product development cycle. Working with Siemens’ product lifecycle management (PLM) software business and its Teamcenter solution, Binggrae plans to capitalize on diverse product ideas and manage products in a more optimized way by managing the whole process from production to product launch. Binggrae expects Teamcenter to help enhance productivity by improving its formulation process and the quality of its packaging & artwork. It also anticipates that the optimized product development process will improve the success rate of the new products as well.

“As product development is transitioning to be completely digital, companies require new approaches for growth and production,” said Il Han, country manager, Siemens PLM Software Korea. An optimized PLM tool is essential for a successful digital transition, and we are glad that we are able to support Binggrae’s digitalization of their product development process. We will actively support Binggrae in its path to achieve digital transformation for PLM and innovative brand development that meets the needs of its customers and the market.”

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Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of software solutions to drive the digital transformation of industry, creating new opportunities for manufacturers to realize innovation. With headquarters in Plano, Texas, and over 140,000 customers worldwide, Siemens PLM Software works with companies of all sizes to transform the way ideas come to life, the way products are realized, and the way products and assets in operation are used and understood. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

Siemens AG (Berlin and Munich)is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 372,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

Note: Siemens and the Siemens logo are trademarks or registered trademarks of Siemens AG. Teamcenter is a trademark or registered 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.

Primeiro Contato

Natalie Navales
+1 314 264 8671
Natalie.navales@siemens.com

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