ARC Advisory Group Ranks Siemens as PLM Software Market Leader
In a recent ARC Advisory Group published report, Siemens PLM Software was recognized as a leader across all segments of the product lifecycle management (PLM) industry market. These segments include Innovation Management, New Product Development and Introduction (NPDI), and Portfolio Management; Collaborative Design (CAD/CAM/CAE); Product Data Management (PDM); Manufacturing Process Management (MPM)/Digital Manufacturing; and Service/Support/Content Management.
Accordign to Dick Slansky, senior analyst and PLM Research director, ARC Advisory Group, business is good for Siemens PLM. Since 2011 Siemens has had major wins in automotive and A&D (aerospace and defense). The growth in these markets has rebounded well in the automotive, aerospace, and industrial & heavy equipment sectors."All [these sectors] are traditional strengths for the PLM market. Siemens PLM continues to focus on these industrial verticals with constantly evolving design/build solutions," said Slansky.
ARC's PLM Market Outlook report highlights Siemens PLM Software's vision as a key strength in its ongoing market leadership. The report says:
"Since acquiring UGS in 2007, the Siemens vision is to provide a complete PLM solution from concept & design, through manufacturing, and down to factory production systems and automation. It is about unifying the product and production lifecycles. They are able to leverage their parent company, Siemens Industry Automation, with its comprehensive product line of automation hardware and software, to offer their customers this end-to-end design/build/automate solution."
Chuck Grindstaff, president and CEO, Siemens PLM Software said that the ARC report confirms that Siemens is the market leader in key industries such as A&D, medical products, shipbuilding, electronics and electrical.
"In shipbuilding specifically, we eclipse other vendors with nearly 50 percent of the total market share," said Grindstaff. "This strong market share is in an industry projected to grow at a double digit rate for the next several years, according to ARC. We believe that as long as we remain steadfast in our commitment to offer solutions that help our customers make smarter decisions resulting in better products, we will continue to expand our market leadership."