PLANO, Texas — Siemens PLM Software celebrated a series of milestones achieved during its first year as part of Siemens AG — capped by the results of two new reports from leading industry analyst firms highlighting its growing position as a leader in the PLM market and its commitment to digital product development through the establishment of a new standard for mechanical computer-aided design (CAD).
“In the one year since Siemens AG announced the close of its acquisition of UGS, we have successfully integrated our operations into those of Siemens while concurrently growing our business and capturing market share in the PLM industry,” said Tony Affuso, chairman and CEO of Siemens PLM Software. “It’s been a strong first year for us as part of Siemens, and we look forward to a long and successful future as a member of the Siemens family.”
New Analyst Reports
Siemens PLM Software announced the results of two new reports from leading industry analyst firms, including a new report from Forrester Research highlighting its growing position as a leader in the PLM market.
“Siemens PLM (Software) continues to build on its legacy of innovation in the PLM space by constantly raising the bar with the depth and breadth of their product offerings,” according to an April 2008 report The Forrester Wave™: Product Life-Cycle Management Applications, Q2 2008. The report also states, “Siemens PLM also leads (the PLM market) in overall strategy; the latest Teamcenter® 2007 platform formalizes many prior investments in shared services and common components into a unified architecture that will facilitate more industry-focused solutions and a tighter end-to-end PLM data model.
“Customers we spoke with conveyed Siemens PLM Software's strategy as a key differentiator, specifically citing the company’s vision for an open product/process data platform and industry-leading integrations that drives future value.”
Another new report, from Gartner, underscores Siemens PLM Software’s commitment to mechanical digital product development, or CAD, computer-aided manufacturing (CAM) and computer-aided engineering (CAE). The new report entitled, “Siemens Reaffirms Its CAD Future with Synchronous Technology,” focuses on Siemens PLM Software’s technology advancement and the drive to dispel speculation that it will abandon mechanical CAD as a core competency. The report also reinforces the forecast by Gartner — which recently reported that “Siemens has become one of the largest and most important providers of software serving the needs of manufacturers” — that a new generation of CAD will replace procedural history-based modeling as the mainstream approach to mechanical CAD and that our breakthrough release of synchronous technology has the ability to set a new standard for the industry.
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