Siemens PLM Software has revealed that its technology is used in product development by more than 90 percent of the automotive original equipment manufacturers (OEMs) making new vehicle introductions at the 2012 North American International Auto Show.
As a result of the recent decisions by two major OEMs to replace their computer-aided design (CAD) and PLM systems with technology from Siemens PLM Software, the company has continued to expand its market share in the global automotive industry.
"The company further increased its market share in the industry by receiving significant new commitments from two major OEMs — Chrysler and Daimler. CIMdata now expects Siemens PLM Software’s position in the auto industry to continue to grow as the supply chain follows the lead of those OEMs and others," noted Peter Bilello, President of CIMdata, a PLM management consulting and research firm.
Siemens PLM Software’s world leading technology is used by 15 of the top 16 global automotive OEMs to plan, evaluate and coordinate the development and manufacturing engineering of their vehicles.
Siemens PLM Software satisfies the needs of automotive OEMs for managed collaboration across complex engineering functions and throughout the extended supply chain.
By breaking down barriers between engineering functions, providing real-time access to information and performing analysis and simulation, Siemens PLM Software is helping its customers in their transition to a systems-driven development approach that delivers double-digit efficiency improvements and facilitates smarter decisions that result in better products.
"As this year’s North American International Auto Show winds down, it is gratifying to see so many of our customers displaying incredible new products that were produced with the help of our software," said Chuck Grindstaff, president and CEO, Siemens PLM Software.
"As the global auto industry continues to come back strong from a very challenging economic climate, we are proud of the role our software, services and industry expertise have played and continue to play in that recovery.
"And we are confident that our tremendous success will continue as more and more automotive OEMs and suppliers embrace our HD-PLM vision as the PLM roadmap for their future."