ERLANGEN, Germany, and MILTON KEYNES, England, Nov. 30 -- Siemens intends to strengthen its position in the Product Lifecycle Management (PLM) market by continuing to make large investments in the development of corresponding solutions.

"The combination of our PLM software with automation technology leads to substantial productivity gains and competitive advantages for our customers," said Siegfried Russwurm, CEO of Siemens' Industry Sector. For Siemens customers, this combination reduces the time-to-market of a new product by up to 50 percent. "We intend to keep the investments in our PLM activities on a high level, in order to further develop our entire industrial software portfolio for product development, simulation, and production in a targeted manner," Russwurm continued.

PLM software is an IT platform that assists manufacturing companies in the digital conception, planning and production of their products. In this technological area, Siemens offers solutions for computer-aided design (CAD; CAx), digital product data management (cPDM, collaborative Product Data Management), and the simulation of manufacturing processes (DM, Digital Manufacturing). Siemens supplies these solutions to customers around the world in the automotive, electrical engineering, and consumer goods industries, as well as in aviation, aerospace, and mechanical engineering.

"In fiscal year 2010 alone, we sold more than 250,000 PLM licenses and acquired more than 2,600 new customers for our PLM software. This week, Daimler AG has selected our NX CAD Software as their standard for worldwide vehicle development, with the aim of linking development and production planning more efficiently at more than 20 facilities," Russwurm said.

In the PLM business, Siemens has more than 69,500 customers around the world, with an installed base of roughly 6.7 million licenses. Siemens also uses its PLM solutions for its own product development and manufacturing. More than 35,000 engineers at 50 different locations are linked together through a data management platform.

According to industry analysts, the world market for PLM software and services has a volume of about €17 billion, with a projected annual growth rate of about eight percent over the next five years. In terms of technology, the market is being influenced in many segments by the convergence of PLM IT, production IT, and corporate IT. Thus, the formerly common island solutions for product development, production, and service software are increasingly being merged to form an integrated system landscape. The rapid availability of information is a key success factor for product designers, mechanical engineers, and suppliers, as well as service providers and distributors.

About The Siemens Industry Sector

The Siemens Industry Sector (Erlangen, Germany) is the worldwide leading supplier of environmentally-friendly production, transportation, building and lighting technologies. With integrated automation technologies and comprehensive industry-specific solutions, Siemens increases the productivity, efficiency and flexibility of its customers in the fields of industry and infrastructure. The Sector consists of six divisions: Building Technologies, Drive Technologies, Industry Automation, Industry Solutions, Mobility and Osram. With around 204,000 employees worldwide (September 30), Siemens Industry achieved in fiscal year 2010 total sales of approximately €34.9 billion. www.siemens.com/industry.

About Siemens AG

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors. For over 160 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world's largest provider of environmental technologies, generating some €28 billion -- more than one-third of its total revenue -- from green products and solutions. In fiscal 2010, which ended on September 30, 2010, revenue totaled €76 billion and net income €4.1 billion. At the end of September 2010, Siemens had around 405,000 employees worldwide. Further information is available online at www.siemens.com.

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Source: Siemens AG