Integrated solution from Siemens and SAP Consistent lifecycle management becomes reality

Klaus Helmrich, Siemens: "Digital transformation will be critical for the manufacturing industries to increase productivity, flexibility, and accelerate innovation.”

Siemens and SAP intend to jointly provide an integrated solution for end-to-end product and asset lifecycle management. To this end, the two companies will combine their software solutions and include them in their respective product portfolios.

SAP will offer Siemens Teamcenter software as the core foundation for product lifecycle collaboration and product data management. Siemens will offer SAP Intelligent Asset Management solutions and SAP Project and Portfolio Management applications to maximize business value for customers over the entire product and service lifecycle and enable new collaborative processes between manufacturers and operators.

As part of their new partnership, SAP and Siemens want to leverage their industry expertise and bring together their complementary software solutions for product lifecycle, supply chain, and asset management so their customers can deliver innovation and collaborative business models that will accelerate industry transformation globally. 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. 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 optimizeproduction of products.”

Siloes 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.