Subscriber Login

Deal Watch

Siemens and SAP join forces to accelerate industrial transformation [free access]

August 1, 2020

The German multinational conglomerate, Siemens Energy, and the German software services company, Systems, Applications and Products (SAP), have announced a strategic partnership to deliver integrated, end-to-end, software solutions across product lifecycle, supply chain and asset management.


The partnership is meant to provide faster product time to value, methods to design with real-time supply chain information, create a sustainable product development process, and deliver an end-to-end digital thread throughout the product lifecycle.


Going forward, both SAP and Siemens will be able to offer new solutions that combine their technologies in order to help companies shorten the time to market by leveraging Industry 4.0-enabled data using intelligent assets and products. As a first step in the partnership, SAP will offer Siemens’ Teamcenter software as the core foundation for product lifecycle collaboration and data management, and Siemens will offer SAP Intelligent Asset Management and SAP Portfolio and Project Management software.