Siemens and SAP partner on industrial transformation solutions

Siemens and SAP SE have partnered to bring together their complementary software solutions for product lifecycle, supply chain and asset management.

Through this agreement, both SAP and Siemens will be able to integrate their respective offerings in order to offer customers integrated 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,” says Klaus Helmrich, member of the managing board of Siemens AG and CEO of Siemens Digital Industries.

Silos between engineering and business have existed in enterprises for decades. This new partnership will help customers to break down these silos 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,” says Thomas Saueressig, member of the executive board of SAP SE and responsible for SAP Product Engineering.

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 offer Siemens’ Teamcenter software as the core foundation for product lifecycle collaboration and product data management and 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.