Siemens Plm Software Expands Development Center in Pune, India

New Delhi, Delhi, India

Siemens PLM Software, a division of Siemens Automation and Drives (A&D) and a leading global provider of product lifecycle management (PLM) software and services, today announced it has significantly expanded the capacity of its operations in India by opening a new, and much larger, development center to accommodate up to 1,100 employees. The division's India-based development team has experienced a growth rate of 30 percent (CAGR) over the last few years.

The new facility, recently inaugurated by Dr. Helmuth Ludwig, president of Siemens PLM Software, currently employs 800 individuals responsible for many of the division's software product developments, modules and service engagements on a global basis.

"Our investment in India is not only critical for our expansion in the Asia Pacific region, but globally because it provides us with proximity to customers in the area and is a superior talent resource pool for our development efforts," said Ludwig.

Siemens PLM Software has operated in India for nearly 20 years and has more than 2,200 customers throughout the country. Its customer list includes leading manufacturing enterprises from such industries as automotive and transportation, machinery, aerospace and defense and numerous small- to mid-sized businesses.

"We have a longstanding, significant presence in India and have consistently led the PLM market here," added Ludwig. "The new development facility and the increased investments in our sales and support infrastructure in India is further proof of our unwavering commitment to India."

Throughout India, Siemens PLM Software employs more than 900 professionals and has offices and centers in five cities. It serves customers in more than 50 cities across the country and also has a strong channel network. In addition, Siemens PLM Software's products are also used to train students at more than 300 engineering colleges and training centers across the region.

About Siemens PLM Software

Siemens PLM Software, a division of Siemens Automation and Drives (A&D), is a leading global provider of product lifecycle management (PLM) software and services with 4.6 million licensed seats and 51,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software's open enterprise solutions enable a world where organizations and their partners collaborate through Global Innovation Networks to deliver world-class products and services. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm

About Siemens Automation and Drives

The Siemens Automation and Drives Group (A&D), Nuremberg, Germany, is the leading manufacturer in this field worldwide. Products supplied by A&D include standard products for the manufacturing and process industries and for the electrical installation industry as well as system solutions, for example for machine tools, and solutions for whole industries such as the automation of entire automobile factories or chemical plants. Supplementing this range of products and services, A&D also offers software for linking production and management (horizontal and vertical IT integration) and for optimizing production processes. A&D employs 70,600 people worldwide and in fiscal year 2006 (to September 30) earned a group profit of €1.572 billion on sales of €12.848 billion and orders of €14.108 billion, according to U.S. GAAP. Further information about A&D is available in the Internet at www.siemens.com/automation

Source: Siemens Ltd (Business Wire India)

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