Siemens and SAP are partnering on software for product lifecycle, supply chain, and asset management.
Through this agreement, SAP and Siemens will be able to complement and integrate their respective offerings to offer customers 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 optimize production of products.”
The companies say the partnership will help customers to break down siloes so manufacturers, product design teams, and service managers have the information needed to quickly create and manage customer-centric product and service offerings.
“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, member of the Executive Board of SAP SE and responsible for SAP Product Engineering. “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.”
As a first step in the partnership, 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 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,” says 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.