Siemens and SAP are forming a partnership that will leverage their industry expertise and bring together their complementary software solutions for product lifecycle, supply chain, and asset management.
The partnership leverages expertise and technology of both companies to provide a true digital thread that helps enterprises eliminate process and information siloes, drives digitalization, and delivers a comprehensive solution for the 4th industrial revolution (Industry 4.0).
Through this agreement, both SAP and Siemens will be able to complement and integrate their respective offerings in order to offer customers the first truly integrated and enhanced solutions for product lifecycle management (PLM), supply chain, service, and asset management.
SAP will offer Siemens’ Teamcenter software as the core foundation for product data management. Siemens will offer SAP Intelligent Asset Management solutions and SAP Portfolio and Project Management applications to maximize business value for customers over the entire product and service lifecycle and enable new collaborative processes between manufacturers and operators.
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, feedback and performance data over the entire lifecycle.
“Digital transformation will be critical for the manufacturing industries to increase productivity, flexibility, and accelerate innovation, 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 business that enables customers to optimize production of products.”
Silos between engineering and business have existed in enterprises for decades. This new partnership will help customers to break down these siloes so manufacturers, product design teams and service managers have the information needed to quickly create and manage customer-centric product and service offerings.
Going forward, both SAP and Siemens will be able to offer new solutions that combine their technologies in order to help companies shorten time to 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 design to service and asset management.
For more information about this partnership, visit www.sap.com.