Together, industry leadersSiemens and SAPwill deliver integrated end-to-end software solutionsacrossproduct lifecycle, supply chain and asset management.- Partnership leverages expertise and technology of both companies toprovide atrue digital thread thathelpsenterprises eliminateprocess and information siloes,drivesdigitalizationanddeliversa comprehensive solution for the 4th industrial revolution (Industry 4.0).
- SAP willofferSiemens’ Teamcenter software as thecore foundation for product lifecycle collaboration and product data management. Siemens will offer SAP®Intelligent Asset Management solutions and SAP Project and Portfolio Management applicationstomaximize business value for customers over the entire product and service lifecycleand enable new collaborative processes between manufacturers and operators.
Siemens and SAP SE (NYSE: SAP)announces a new partnership that will leveragetheirindustry expertise and bring together their complementarysoftware solutions for product lifecycle, supply chain and asset managementso their customerscandeliver new innovation and collaborative business models that will accelerate industry transformation globally. Through this agreement, both SAP and Siemens will be able to complement and integrate their respective offerings in order to offercustomers the first truly integratedand enhanced solutionsforproduct lifecycle management (PLM), supply chain, service and asset management. This will enable customers to form a true digital thread integrating all virtual models and simulations of a product or asset with real-time business information, feedbackand performance data over the entire lifecycle.
“Digital transformation will be critical for the manufacturing industries to increaseproductivity,flexibility and accelerateinnovation, so companies must come together in new ways to enable the digital enterprise,” said Klaus Helmrich, Member of the Managing Board of Siemens AG and CEO of Siemens Digital Industries. “This exciting collaboration between two industry leaders is about more than just interoperability and interfaces; it is about creating a truly integrated digital thread that unites product and asset lifecycle management with the businessthat enables customers tooptimizeproduction of products.”
Silos between engineering and business have existed in enterprises for decades. This new partnership willhelpcustomers to break down thesesiloes somanufacturers, product design teams and service managershave the information needed to quicklycreate and manage customer-centric product and service offerings.
“As manufacturers design and deliver smarter products and assets, access to real-time business information across networks is critical to bring new and improved innovations to market faster,” said Thomas Saueressig, member of the Executive Board of SAP SE and responsible for SAP Product Engineering. “Bringing together expertise from SAP and Siemens to offer Industry 4.0-enabled business processes allows enterprisesto create a digital thread for the entire product and asset lifecycle. With this end-to-endsolution, teams across the business networkcanefficiently work together to design and deliver innovative products productively, profitably and sustainably.”
Going forward, both SAP and Siemens will be able to offer new solutions that combine their technologies in order to help companies shorten timeto market by leveraging Industry 4.0-enabled data using intelligent assets and products.This will also give organizations the benefit of incorporating customer insights into product development through a comprehensive solution, from product designto service and asset management. As a first step in the partnership, SAP will offerSiemens’ Teamcenter® software as the core foundation for product lifecycle collaboration and product data management andSiemens will offer SAP®Intelligent Asset Management and SAP Project and Portfolio Managementsolutions to maximize the business value for manufacturers and operatorsacross networks.Both companies will collaborate to develop applications from an end-to-end lifecycle perspective to help customers achieve a seamless digital threadthat improves overall business performance.
“Combining Siemens’ Teamcenter and SAP S/4HANA® software provides companies an end-to-end process capability from product design to decommission,” said Bob Parker,Senior VP of Industry Research at IDC.“The IT benefits of pre-integration of PLM, ERP, asset management and supply chain applications and the business benefits from having a more resilient response to changing market demand make this a compelling consideration for companies seeking a competitive advantage in the digital economy.”
For more information on Siemens Digital Industries Software and theXcelerator portfolio of software and services, visit www.sw.siemens.com or follow us on LinkedIn, Twitter, Facebook and Instagram.
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