Nuremberg, Germany, Wednesday, May 22, 2013 -- (Business Wire India)
Siemens has been recognized by leading PLM strategic management consulting and
research firm, CIMdata Inc., as the market presence leader in the collaborative
Product Definition management (cPDm) market segment for the 12th year in a row,
and in the Digital Manufacturing market segment for the eighth year in a row.
CIM-data's findings are based on in-depth data and analysis of the PLM market
and were announced late last month.
Siemens‘ PLM software business unit addresses CIMdata's cPDm category with its
Teamcenter® portfolio, the world's most widely used digital lifecycle
management software, while its Tecnomatix® portfolio is the most widely used
software in the digi-tal manufacturing market segment.
“According to our market research, Siemens continues to lead in Digital
Manufactur-ing with significantly more revenue than the next ranked provider.
The company also continues to set the pace in the critical cPDm market
segment,” said Peter Bilello, President of CIMdata. “Growth slowed slightly
in 2012 for cPDm, but will continue to expand at a high single digit growth rate
for years to come.”
According to CIMdata's forecast, the cPDm market segment will experience a
five-year compound annual growth rate (CAGR) of 7.5 percent, resulting in a
projected cPDm market size of approximately $16.2 billion by 2017, based on
total software and services investments. CIMdata's forecast for Digital
Manufacturing is estimated to maintain steady growth with a five-year CAGR of
more than seven percent. Over-all, CIMdata reports that mainstream PLM is
forecasted to grow at a five-year CAGR of over eight percent and continues to
see growth as a key enterprise investment.
“This latest CIMdata report serves to highlight our consistent track record of
leader-ship in some of the most important areas of PLM,” said Chuck
Grindstaff, president and CEO, Siemens PLM Software. “We consider cPDm and
Digital Manufacturing two of the most critical value creators for our customers
today and well into the fu-ture. So maintaining our number one position in these
disciplines is an important part of doing business and part of the foundation of
our vision to help our customers make smarter decisions that result in better
More detail will be available in CIMdata's upcoming 2012 PLM Market Analysis
For further information on PLM software, please see www.siemens.com/plm.
Follow us on Twitter at: www.twitter.com/siemens_press.
About Siemens Industry Sector
The Siemens Industry Sector (Erlangen, Germany) is the world's leading supplier
of innovative and environmentally friendly products and solutions for industrial
customers. With end-to-end automation technology and industrial software, solid
vertical-market expertise, and technology-based services, the Sector enhances
its customers' productivity, efficiency, and flexibility. With a global
workforce of more than 100,000 employees, the Industry Sector comprises the
Divisions Industry Automation, Drive Technologies and Customer Services as well
as the Business Unit Metals Technologies. For more infor-mation, visit
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 http://www.siemens.com/industryautomation.
Note: Siemens and the Siemens logo are registered trademarks of Siemens AG.
Tecnomatix and Teamcenter are trademarks or registered trademarks 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.
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-0- May/23/2013 05:14 GMT
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