Siemens launched a new product lifecycle management (PLM) software and services solution aimed at enhancing efficiency for the global Energy & Utilities industry. The solution leverages Siemens’ Teamcenter® portfolio to digitalize key capital project management processes, such as bid response management, and is specifically tailored to critical Energy & Utilities industry business processes. The new solution, part of Siemens’ Industry Catalyst Series™ offerings, includes a deployment accelerator and has enabled Siemens Process Industries & Drives, Oil, Gas & Marine to significantly reduce the cost and duration of sales.
Today’s announcement will help companies in the Energy & Utilities industry enhance operational efficiencies by creating an enterprise-wide technology platform to support the capture, sharing and digitalization of capital project management processes. Packaging software and a Catalyst deployment accelerator into the solution significantly speeds up the deployment of PLM software and provides a faster return on investment. Siemens PLM Software will work with alliance partners like Accenture on deployments in key accounts such as Siemens Process Industries & Drives, Oil, Gas & Marine.
“Our new bid management solution has significantly improved our internal process,” said Balasubramanian Jayaraman, Global Head, Strategy & Cost Out, Siemens Process Industries & Drives, Oil, Gas & Marine. “The bidding process can be very complicated, requiring us to pull together technologies across many departments to address the needs of our customers. With this new Teamcenter solution, we are able to efficiently manage customer requirements, rapidly pull together our sales proposals in a digital format, collaborate on the bid, and deliver the bid response back to the customer 30 percent faster than before and with a 40 percent reduction in bid cost.”
Companies in the Energy & Utilities industry can now transition to a digital enterprise by efficiently deploying a digitalized lifecycle information management system. This enterprise digitalization enables cross-disciplinary global collaboration in all phases of the capital project lifecycle for equipment, systems or assets. It helps avoid common industry issues such as nonconformance due to delays in document changes or sign-offs, lack of traceability to project requirements and incorrect or out-of-date drawings and data, which can all significantly delay projects and create cost overruns.
“Siemens PLM Software is focused on delivering business value and driving digitalization of capital project management processes,” said Dennis Peters, Senior Director of Energy & Utilities, Siemens PLM Software. “By working with alliance partners like Accenture with deep industry knowledge and implementation experience, we are able to accelerate the delivery of core PLM capabilities. This particular solution is very timely for industry and will help our clients along their path to transforming into the digital enterprise.”
“Accenture has many years of experience deploying PLM solutions,” said Joseph Unger, managing director, Product Lifecycle Management, Accenture. “By collaborating with Siemens PLM Software on their mission of digitalization, we were able to help deliver a next-generation solution for Siemens Process Industries & Drives that combines industry leading PLM software with our business process consulting. We will continue to work with Siemens PLM Software to develop and deploy Teamcenter solutions leveraging Catalyst deployment accelerators for clients with similar needs.”
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of product lifecycle management (PLM) and manufacturing operations management (MOM) software, systems and services with over nine million licensed seats and more than 77,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with its customers to provide industry software solutions that help companies everywhere achieve a sustainable competitive advantage by making real the innovations that matter. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
