Consistent lifecycle management becomes reality

A "digital thread" through the entire company

“As manufacturers design and deliver smarter products and assets, access to real-time business information across networks is critical to bring new and improved innovations to market faster,” said Thomas Saueressig, Head of Product Engineering and Member of the Executive Board of SAP. “Bringing together expertise from SAP and Siemens to offer Industry-4.0-enabled business processes allows enterprises to create a digital thread for the entire product and asset lifecycle. With this end-to-end solution, teams across the business network can efficiently work together to design and deliver innovative products productively, profitably and sustainably.”

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.

As a first step in the partnership, SAP will sell Siemens Teamcenter software as the core foundation for product lifecycle collaboration and product data management, and Siemens will sell SAP Intelligent Asset Management and SAP Project and Portfolio Management solutions to maximize the business value for manufacturers and operators across networks. Both companies will collaborate to develop applications from an end-to-end lifecycle perspective to help customers achieve a seamless digital thread that improves overall business performance.

“Combining Siemens Teamcenter and SAP S/4HANA software provides companies an end-to-end process capability from product design to decommission,” said Bob Parker, Senior VP of Industry Research at IDC. “The IT benefits of pre-integration of PLM, ERP, asset management, and supply chain applications, and the business benefits from having a more resilient response to changing market demand make this a compelling consideration for companies seeking a competitive advantage in the digital economy.”

1. Consistent lifecycle management becomes reality
2. A "digital thread" through the entire company