Apttus today announced it will integrate PLM technology from Siemens within its Configure Price Quote (CPQ) solution.
The integrated solution will provide customers with unique, end-to-end CPQ solution capabilities that better serve the full breadth of complex use cases, across the spectrum of Configure-to-Order, to custom, Engineer-to-Order. By leveraging Siemens' capabilities, such as PLM, 3D Visualization, Product Configuration and design automation, Apttus CPQ is poised to address the most challenging manufacturing industry requirements. Benefits of the solution include reduced quote and order engineering lead times, elimination of downstream errors, and improved customer satisfaction through visualization.
Apttus provides an Intelligent Middle Office platform that allows enterprises to automate, optimize, and apply artificial intelligence to their most important business processes – revenue generation and the management of commercial relationships. As part of this new partnership, Apttus is able to extend its CPQ offering into manufacturing organizations with Siemens PLM Software's Teamcenter® portfolio, the world's most widely used digital lifecycle management software, including Teamcenter Product Configurator, Rulestream™ software, and the JT™ data format for lightweight 3D visualization.
"Apttus and Siemens each have a long history of delivering innovative, essential solutions that advance the speed, efficiency, and capability of forward-thinking organizations across industries," said Neehar Giri, Co-founder and Chief Solutions Architect, Apttus. "The strength of our two organizations working together will deliver significant value to our customers."
"Providing our customers with the ability to efficiently manage product variability across the entire product lifecycle is a key component of our product strategy," said Rohit Tangri, Vice President of Product Management and Marketing, Lifecycle Collaboration Software, Siemens PLM. "Our customers want the product variability defined within PLM to be seamlessly orchestrated with CPQ processes, which in turn must deliver an ever-increasing array of product choices to end customers. We are excited to be partnering with such a strong and innovative CPQ vendor to help our customers realize this strategy."
The variability management capabilities within Teamcenter will enhance CPQ Data Management for Apttus customers, providing business impact beyond typical IT administration KPIs. Jan Frostvinge, Director of IT at Ålö AB, a leading global supplier of agricultural machinery, and mutual customer, explained how the partnership will impact his business. "We view integrating Apttus CPQ to Teamcenter as a competitive strategy. Time to market is the key differentiator in our competitive landscape. The faster we can release new product models to Apttus, the more market share we will capture."
Jensen Precast, the leader of precast concrete products for large-scale infrastructure applications, believes the partnership underscores their company's strategy to scale operations to meet the demand for custom products. "Visualizing custom products in Apttus CPQ while leveraging Siemens' Rulestream to drive 3D engineering models is a key enabler to meeting the needs of the markets we serve," said Joshua Myers, Vice President of Engineering at Jensen Precast.
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