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 IDC Manufacturing Insights’ latest PLM Marketscape Report, recognizes Siemens PLM Software as a PLM Market leader across the core categories, CAx, Discrete and rated highly as a major player in the Process PLM segments.
Siemens PLM Software’s NX™ software and Solid Edge® software, which serve the CAx PLM market segment, are ranked as leading solutions for this segment. The company’s Teamcenter® software and Teamcenter® Express software, which serve the Discrete PLM market segment, are referenced as the “de-facto enterprise solution standard in the Discrete industries.” IDC indicates that the Discrete PLM market segment accounts for the strongest overall market growth.
Siemens PLM Software’s strategy and capabilities held leading positions in each of the three market segments evaluated and showed positive momentum in the market, an uncommon result in IDC’s Marketscape report.
“To be evaluated by IDC Manufacturing Insights and come out as an industry leader is particularly gratifying. It reflects our continued focus on technology investment, our sound vision and our clear focus on supporting our customers,” said Chuck Grindstaff, president and chief technology officer, Siemens PLM Software. “We’ve seen market dynamics that support IDC Marketscape’s findings and we feel we’ll only continue to strengthen our leading position as we go forward.”
According to IDC Manufacturing Insights, “Siemens PLM Software is an IDC PLM Marketscape market leader in the CAx PLM segment. Siemens PLM Software participates in the CAx segment with its NX and Solid Edge products. Best-in-class functionalities for industrial design and styling, electromechanical design, mechanical simulation machining, and so forth make the NX platform stand apart from the rest of Siemens PLM Software's competitors' offerings.”
IDC Manufacturing Insights report also says, Siemens PLM Software’s end-users have higher satisfaction about the seamless functionality and reliability of its software.”
Siemens’ “…depth of offering for sourcing, supplier management, requirements, regulatory, PPM, artwork management, and especially formula/recipe management with SIMATIC IT R&D Suite, including the Specification Management software SIMATIC IT Interspec, enables Siemens to support end users across the process industries, enabling them to seamlessly transfer specifications, recipes and formulations towards the manufacturing environment.”
“PLM market leaders command a firm grasp of today's evolving PLM market and they recognize future opportunities around cross-functional, enterprise-oriented PLM applications that support a flawless product strategy and strong execution,” said Sanjeev Pal, senior analyst, IDC Manufacturing Insights.