Siemens PLM Software, a business unit of the Siemens Industry Automation Division, has for the ninth year in a row been nominated market-leader in PLM software by CIMdata, a PLM industry consulting and research firm.
Siemens PLM Software is a global provider of product lifecycle management (PLM) software and services. It has been nominated market presence leader in CIMdata’s Product Definition management (cPDm) category.
CIMdata also ranked Siemens PLM Software No.1 in the Digital Manufacturing market segment for the fifth year in a row.
“The consistent strength of Siemens PLM Software’s Teamcenter software in cPDm – a core component of most PLM environments – has resulted in it being the cPDm market presence leader for the past several years,” said CIMdata president, Ed Miller.
“Additionally, Siemens PLM Software’s Tecnomatix software Digital Manufacturing solution suite has maintained itself as the market leader in this category; an area of growing importance to the overall PLM industry. We project these two market sectors to have strong compound annual growth rates (CAGR) over the next five years, which should bode well for Siemens PLM Software.”