Siemens PLM Software Technology Companies Unveiling New Vehicles at Auto Show
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 its technology is used in product development by more than 90 percent of the automotive original equipment manufacturers (OEMs) making new vehicle introductions at the 2012 North American International Auto Show, the industry's most substantive annual event, which this year reflects the recent resurgence of the global auto industry. As a result of the recent decisions by two major OEMs to replace their computer-aided design (CAD) and PLM systems with technology from Siemens PLM Software, the company has continued to expand its leadership and market share in the global automotive industry.
"Siemens PLM Software has created a strong tailwind of success for itself over the past 18 months in the global automotive industry based on a very well executed vision, backed by its robust and proven technology solutions and services," said Peter Bilello, President of CIMdata, a global PLM management consulting and research firm. "With an already long list of automotive clients, the company further increased its market share in the industry by receiving significant new commitments from two major OEMs - Chrysler and Daimler. CIMdata now expects Siemens PLM Software's position in the auto industry to continue to grow as the supply chain follows the lead of those OEMs and others."
Siemens PLM Software's world leading technology is used by 15 of the top 16 global automotive OEMs to plan, evaluate and coordinate the development and manufacturing engineering of their vehicles. Siemens PLM Software satisfies the mission critical needs of leading automotive OEMs for managed collaboration across complex engineering functions and throughout the extended supply chain. By breaking down barriers between engineering functions, providing real-time access to information and performing analysis and simulation, Siemens PLM Software is helping its customers in their transition to a systems-driven development approach that delivers double-digit efficiency improvements and facilitates smarter decisions that result in better products.
"As this year's North American International Auto Show winds down, it is gratifying to see so many of our customers displaying incredible new products that were produced with the help of our software," said Chuck Grindstaff, president and CEO, Siemens PLM Software. "As the global auto industry continues to come back strong from a very challenging economic climate, we are proud of the role our software, services and industry expertise have played and continue to play in that recovery. And we are confident that our tremendous success will continue as more and more automotive OEMs and suppliers embrace our HD-PLM vision as the PLM roadmap for their future."
About Siemens PLM Software
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 7 million licensed seats and more than 71,000 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.
About Siemens Industry Automation Division
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.