Siemens Named A Leader in Product Lifecycle Management by Independent Research Firm

Siemens Digital Industries Software announced today that it has been named a leader in product lifecycle management (PLM) by Forrester Research. Siemens was among the select companies that Forrester invited to participate in The Forrester Wave™: Product Lifecycle Management for Discrete Manufacturers, Q1 2021 evaluation. In this evaluation of the Teamcenter® portfolio and six other PLM platforms, Siemens was top ranked in the current offering category, tied for the highest score in the strategy category, and received the highest score possible in the market presence category.

“For over 20 years, Teamcenter has been the PLM solution of choice for thousands of innovative companies that have placed it at the heart of their digital transformation strategy. Siemens is honored and appreciative to be recognized by Forrester Research as a leader in PLM,” said Joe Bohman, Senior Vice President of Lifecycle Collaboration, Siemens Digital Industries Software. “Now with Teamcenter X, we are leading the way with an instant-on full PLM solution that grows with our customers’ needs, built on a modern cloud platform.”

According to the report, “Siemens shared with Forrester an above-par vision and roadmap for PLM for discrete manufacturing, together with above-par innovation, partner ecosystem, and transformation strategy”. In addition, Siemens’ Teamcenter was noted for demonstrating “above-par capabilities in requirements management, design, bill of material management, embedded software lifecycle management, manufacturing process planning and management, digital twin, simulation, stakeholder engagement, IoT platform, additive manufacturing, user interface, integration capabilities, configurability, architecture, and developer tools”. The Forrester report also cited Siemens’ “deep international experience in product lifecycle management. It is most appealing to manufacturers that must manage embedded software and, taking into account its acquisition of Mendix, that want to exploit low-code extensibility.”