Combines the Teamcenter portfolio with Bentley’s ProjectWise and its Connected Data Environment
MUNICH, Germany and BOSTON, MA, Aug 28, 2018 – Siemens PLM Software announced, with Bentley Systems, an integrated solution for enterprises to deliver capital projects more efficiently, combining the Teamcenter portfolio with Bentley’s ProjectWise and its Connected Data Environment (CDE). Teamcenter is the world’s most widely used product lifecycle management (PLM) system, and ProjectWise is the project delivery collaboration platform for 43 of Engineering News Record’s global Top 50 Design Firms. The new offering continues Siemens’ and Bentley’s strategic alliance that was announced in 2016, and will uniquely extend enterprise visibility across program management of capital project engineering and construction.
“In going digital, the work of engineers and constructors is increasingly about the digital context and digital components around, and within, their infrastructure projects,” said Greg Bentley, CEO of Bentley Systems. “As we industrialize project delivery, it is exciting for us to be working with Siemens to extend the reach of our CDE’s digital workflows beyond individual capital projects. With the Teamcenter PLM integration, the connections of project digital twins can now both expand into their enterprise context, and drill down into their manufactured components—advancing infrastructure through digital DNA!”
The leading capabilities for systems engineering and requirements management within Teamcenter, and lifecycle simulation of engineered components, are now complemented by Bentley’s CDE to take advantage of a project digital twin. Project digital twins automate digital alignment and change synchronization across the project supply chain, enabling continuous and comprehensive status reviews. Digitalizing a plant from the beginning of a project enables the aggregation and dissemination of data in a scalable and manageable fashion. By connecting digital twins with a consistent digital thread, companies can reduce project delivery costs and avoid cost overruns, and can improve operational margins by increasing plant productivity and reducing operational overhead. Enterprises can now achieve consistent digital workflows that span project economics, program management, and project controls to speed up capital project delivery, reduce cost overruns, and improve fit-for-purpose project outcomes.
In the energy and utility industries, for instance, given current energy forecasts, companies need to work more efficiently and cost-effectively when implementing capital improvement projects. Traditionally these extremely complex and expensive projects have many groups, beyond engineering and construction, working independently to drive the project forward. Extending Teamcenter through project delivery, the CDE enables visibility along digital threads of connected 2D and 3D models, dynamically managed to reflect project status. This allows for the continuous assimilation of design and engineering data, to be visually and analytically accessible as appropriate by team members across the wider enterprise and supply chain. Incorporating capital project engineering and construction models in this integrated way enables diverse simulations throughout the project management process to anticipate real-world issues, and more informed decision-making by virtue of real-time understanding of the impact of any design change. The solution will be available to the market beginning in early 2019.
“Owner/operators and engineering, procurement and construction (EPC) firms in the industry need to lower costs and deliver projects more efficiently, and this new digital solution facilitates data-driven business processes for the optimization of projects and the plant,” said Tony Hemmelgarn, CEO of Siemens PLM Software. “Powered by the digital twin, this solution allows engineering data to flow between capital project stakeholders, and will support a broad set of industry use cases.”
About Siemens PLM Software
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of software solutions to drive the digital transformation of industry, creating new opportunities for manufacturers to realize innovation. With headquarters in Plano, Texas, and over 140,000 customers worldwide, Siemens PLM Software works with companies of all sizes to transform the way ideas come to life, the way products are realized, and the way products and assets in operation are used and understood.
For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
About Siemens AG
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 377,000 employees worldwide.
Further information is available on the Internet at www.siemens.com.
About Bentley Systems
Bentley Systems is a global leader in providing engineers, architects, geospatial professionals, constructors, and owner-operators with comprehensive software solutions for advancing the design, construction, and operations of infrastructure. Bentley users leverage information mobility across disciplines and throughout the infrastructure lifecycle to deliver better-performing projects and assets. Bentley solutions encompass MicroStation applications for information modeling, ProjectWise collaboration services to deliver integrated projects, and AssetWise operations services to achieve intelligent infrastructure – complemented by comprehensive managed services offered through customized Success Plans.
Founded in 1984, Bentley has more than 3,500 colleagues in over 50 countries, and is on track to surpass an annual revenue run rate of $700 million. Since 2012, Bentley has invested more than $1 billion in research, development, and acquisitions.
For more information, visit www.bentley.com.