Market trends and business perspectives
Engineering giant Siemens will support Team Penske’s Nascar, Indycar and Supercar programs in a partnership between the two companies.
Team Penske will implement Siemens’ software for digital design and simulation.
The new technical partnership between Team Penske and Siemens is a multi-year agreement. [Read more…] about Team Penske forms technical partnership with Siemens
Blue Software, a provider of design collaboration software, says its proofing and artwork annotation technology is now available as “advanced proofing” in the Siemens Teamcenter portfolio.
Siemens claims its Teamcenter is the world’s most widely used digital lifecycle management software.
Anyway, it’s part of Siemens’ product lifecycle management software business. A list of popular PLMs can be found here. [Read more…] about Siemens selects Blue Software for proofing and artwork annotation in its product lifecycle management software
Siemens has entered into an agreement to acquire Montreal, Canada-based Infolytica, expanding the company’s simulation suite into electromagnetics.
Infolytica is said to be one of the original pioneers in the field of simulating low-frequency electromagnetics and its market-leading simulation software is used by manufacturers worldwide to predict electromagnetic and thermal performance.
This accelerates the development of reliable and optimized solutions for electric and electromagnetic devices such as electric machines – including motors, generators and transformers – as well as sensors, induction heating, magnetic resonance imaging, and shielding. [Read more…] about Siemens buys Infolytica to further expand its product lifecycle management offering
Stibo Systems has launched the latest version of its product lifecycle management software.
Stibo says its new SpirePLM 8.2 is a comprehensive PLM solution enabling organizations to reduce the time required to introduce new products to market, compete efficiently and meet market and consumer expectations.
The company says it realised that new product introduction and product updates must be managed effectively in today’s digital world to achieve success. [Read more…] about Stibo Systems launches new version of its Spire product lifecycle management software
Quest Global and Siemens have reached an agreement to build and deliver a suite of digital manufacturing solutions for customers across verticals.
By adding the Siemens digital twin offerings, Quest – which likes to write its name as QuEST – says it can now showcase a complete range of connected manufacturing solutions.
This will be further bolstered by the establishment of two Digital Factory Innovation Labs, in Bengaluru and Belgaum, India. [Read more…] about Quest Global partners with Siemens to develop digital manufacturing solutions
PTC says bookings for its product lifecycle management software-as-a-service solution have doubled over the last four quarters.
This expansion complements PTC’s new subscription model and aligns with the recent findings of a cloud PLM study conducted by CIMdata, an independent global strategic management consulting and research authority focused on the PLM market.
According to CIMdata, 95 percent of current and prospective cloud PLM customers surveyed plan to purchase PLM Cloud in the next 24 months, while 72 percent plan to in just 13 months. [Read more…] about PTC’s product lifecycle management bookings double over last four quarters
Arena Solutions, a provider of cloud-based product lifecycle management solutions has received an investment from JMI Equity, a growth equity firm focused on investing in software companies.
Arena describes itself as all-in-one product development platform that unites PLM, application lifecycle management, supply chain collaboration, and quality management systems.
Founded in 2000, Arena claims it invented cloud-based PLM and today provides an all-in-one product development platform that unites PLM, ALM, supply chain collaboration, and QMS for the design and manufacture of complex electronics. [Read more…] about Product lifecycle management provider Arena receives strategic growth investment from JMI Equity
Siemens has reached an agreement to acquire self-driving software specialist Tass International.
Siemens is said to be Europe’s largest engineering company and has been on the acquisitions and investments trail for some time.
Earlier this year, Siemens spent $4.5 billion buying Mentor Graphics, a builder of electronic hardware and software solutions. Last year, it invested more than $130 million in Bentley Systems, a developer of software solutions which can show factories in digital form. [Read more…] about Siemens to acquire driverless car software developer Tass to strengthen product lifecycle management portfolio
Autodesk is planning to include simulation and computer-aided manufacturing software into its Inventor mechanical design suite of applications, according to a report on Engineering.com.
Autodesk Inventor is generally used by engineers in mechanical design, and was available for $2,500 a year through the company’s website.
Autodesk’s senior director of manufacturing business strategy, Stephen Hooper, told Engineering.com that the company would now include Nastran and HSMWorks in an Inventor suite. [Read more…] about Autodesk to bundle Nastran simulation and manufacturing software free with Inventor
Ortovox Sportartikel, a German producer of mountain safety equipment and mountainwear, has selected Centric Software to provide its product lifecycle management solution.
Centric Software is a specialist provider of PLM solutions, particularly for fashion, retail, footwear, luxury, outdoor and consumer goods companies.
Ortovox was founded in 1980 in the south of Munich and got its start making avalanche safety transceivers to help locate people in mountain rescue situations. Ortovox’s range now includes a range of apparel and climbing and ski backpacks. [Read more…] about Ortovox to implement Centric’s product lifecycle management solution
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