July 14, 2020 - Siemens and SAP SE announced a partnership that will leverage their industry expertise and bring together their complementary software solutions for product lifecycle, supply chain and asset management so their customers can deliver collaborative business models that will accelerate industry transformation globally. Through this agreement, both SAP and Siemens will be able to complement and integrate their respective offerings in order to offer customers 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.
Silos between engineering and business have existed in enterprises for decades. This partnership will help customers to break down these siloes so manufacturers, product design teams and service managers have the information needed to create and manage customer-centric product and service offerings. Going forward, both SAP and Siemens will be able to offer 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.
