By DE Editors
Siemens PLM Software has announced that — for the tenth year in a row — it has been recognized by PLM management consulting and research firm CIMdata, Inc. as the market presence leader in the industry’s collaborative Product Definition management (cPDm) category. CIMdata also ranked Siemens PLM Software the revenue leader in the Digital Manufacturing market segment for the sixth straight year. These findings were announced by CIMdata in March and are detailed in its upcoming 2011 PLM Market Analysis Report.
“Siemens PLM Software continues to set the pace in the cPDm market segment with their Teamcenter solution suite, as shown in our annual market survey,” says Peter Bilello, president of CIMdata. “Additionally, Siemens PLM Software continues to lead in Digital Manufacturing with their Tecnomatix software Digital Manufacturing solution suite, and their growing integration with offerings from Siemens AG should help them bring PLM to the shop floor in some end-user market segments. The breadth of their PLM offerings also positions them well for growth in emerging markets.”
According to CIMdata, cPDm will continue as the fastest-growing segment of the PLM market with a five-year CAGR forecast of 9.3%, resulting in a projected cPDm market size of approximately $15 billion by 2015, based on total software and services investments. Second in market growth rate is the Tools sector with a five-year CAGR forecast of 7.4%, according to CIMdata. These growth rates compare favorably with CIMdata’s forecast of 7.1% CAGR for the Mainstream PLM market as a whole.
“The leadership rankings we received from CIMdata in these two vital and fast growing PLM market sectors serves to validate our customer focused strategy and open business model,” says Eric Sterling, senior vice president, Global Marketing, Siemens PLM Software. “The cross-industry breadth and functional depth of our Teamcenter and Tecnomatix solutions have helped us maintain our position as a proven global PLM leader.”
Sources: Press materials received from the company and additional information gleaned from the company’s website.