• 10-OCT-2014

Software Revolution Overview

Siemens announced a new, multi-city effort to advance the software revolution that is driving the manufacturing resurgence in America and training the next generation workforce. Through the initiative called "Manufacturing a New Middle Class: The Software Revolution," Siemens' PLM Software (product lifecycle management) business is partnering with academic institutions across the country to address workforce and education gaps. Recent studies such as the Economist, found that while 70 percent of colleges and universities believe they adequately prepare students with the skills they need for today's jobs, nearly 70 percent of employers say just the opposite.

In order to fully benefit from the increased productivity and efficiency delivered through software's integration into manufacturing, Siemens' is investing in workforce development to ensure workers have the skills needed today and in the future. Training the next generation also helps to lift up the manufacturing base and to serve as an economic catalyst. The U.S., as the world's leading software innovator, has a leg up in the global manufacturing race. This cutting-edge, software training will help to create a workforce of the future, while building up manufacturing's supply chain to support various industries, and driving economic development and growth in communities and regions across the U.S.

Siemens' software and other technologies are used in nearly every manufacturing environment in the world to improve productivity and efficiency and students trained on these systems are able to operate in any manufacturing facility. Through the GO PLM Software Academic Partnership program, Siemens' provides in-kind grants of engineering and product management software each year to more than one million students at 12,000 global institutions, a third of which are in the U.S.

About Siemens
Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a world-leading provider of product lifecycle management (PLM) software, systems and services with nine million licensed seats and 77,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software helps thousands of companies make great products by optimizing their lifecycle processes, from planning and development through manufacturing and support. Our HD-PLM vision is to give everyone involved in making a product the information they need, when they need it, to make the smartest decision.

Siemens Industry Sector is the world's leading supplier of innovative and environmentally friendly products, solutions and services for industrial customers. With end-to-end automation technology and industrial software, solid vertical-market expertise, and technology-based services, the sector enhances its customers' productivity, efficiency and flexibility. With a global workforce of more than 100,000 employees, the Industry Sector comprises the Industry Automation, Drive Technologies and Customer Services Divisions as well as the Metals Technologies (MT) Business Unit. Siemens MT Worcester is the global headquarters of the Siemens VAI Metals Technologies long rolling and metallurgical services business.

Siemens Corporation is a U.S. subsidiary of Siemens AG, a global powerhouse in electronics and electrical engineering, operating in the industry, energy, healthcare, and infrastructure & cities sectors. For more than 165 years, Siemens has built a reputation for leading-edge innovation and the quality of its products, services and solutions. With 362,000 employees in 190 countries, Siemens reported worldwide revenue of approximately $100 billion in fiscal 2013. Siemens in the USA reported revenue of $24.3 billion, including $5.9 billion in exports, and employs approximately 52,000 people throughout all 50 states and Puerto Rico.