Siemens and Bentley Systems strengthen their strategic alliance and joint investment initiatives
The new combined offering leverages the connected data environment of Teamcenter and Bentley to increase plant productivity, accelerate delivery and reduce costs.
The end-to-end digital innovation strategy creates integral and precise digital twins of the process and the physical plant to manage complexity and simulate the performance of smart plants.
Siemens PLM Software today announced, with Bentley Systems, an integrated solution for companies to deliver capital projects more efficiently, combining the Teamcenter® portfolio with Bentley's ProjectWise and its Connected Data Environment (CDE). Teamcenter is the most widely used product lifecycle management (PLM) system in the world, and ProjectWise is the project delivery collaboration platform for 43 of the best engineering firms in the 50 Design News Record. The new offer continues with the strategic alliance of Siemens and Bentley that was announced in 2016, and will expand in a unique way the business visibility through the management of engineering programs and construction of capital projects.
“By moving to digital technology, the work of engineers and builders is increasingly based on the digital context and the 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 work with Siemens to extend the reach of our CDE's digital workflows beyond individual capital projects. With the Teamcenter PLM integration, project digital twin connections can now expand within your business context and deep into your manufactured components – advancing infrastructure through digital DNA! “
The leading systems engineering and requirements management capabilities within Teamcenter, and the life-cycle simulation of the designed components, are now complemented by the Bentley CDE to take advantage of the project's digital twin. The digital twins of the project automate the digital alignment and change the synchronization along the supply chain of the project, allowing continuous and integral state reviews. Digitizing a plant from the beginning of a project allows aggregation and dissemination of data in a scalable and manageable manner. By connecting digital cufflinks with a consistent digital thread, companies can reduce project delivery costs and avoid cost overruns, and can improve operating margins by increasing plant productivity and reducing operating expenses. Companies can now achieve coherent digital workflows that span project economics, program management and project controls to accelerate the delivery of capital projects, reduce cost overruns and improve project outcomes that conform to the objectives.
In the energy and public services industries, for example, given current energy forecasts, companies must work more efficiently and profitably when implementing capital improvement projects. Traditionally, these extremely complex and expensive projects have many groups, beyond engineering and construction, that work independently to drive the project. Extending Teamcenter through the delivery of the project, the CDE allows visibility along the digital threads of the connected models in 2D and 3D, dynamically managed to reflect the status of the project. This allows the continuous assimilation of design and engineering data, to be visually and analytically accessible, as appropriate, by the team members throughout the company and supply chain. The incorporation of engineering models and construction of capital projects in this integrated manner allows for various simulations throughout the project management process to anticipate real-world problems 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 from the beginning of 2019.
“Owner/operators and engineering, procurement and construction (EPC) companies in the industry need to reduce costs and deliver projects more efficiently, and this new digital solution facilitates data-driven business processes for project optimization and plant",
said Tony. Hemmelgarn, CEO of Siemens PLM Software.
"Powered by digital twin technology, this solution enables engineering data to flow between capital project stakeholders, and will support a broad set of industry use cases."
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 the industry, creating new opportunities for manufacturers to realize innovation. With headquarters in Plano, Texas, and more than 140,000 customers around the world, Siemens PLM Software works with companies of all sizes to transform the way ideas come to life, the way products are manufactured and the way in which the products and assets are used and understood. For more information about Siemens PLM Software products and services, visit www.siemens.com/plm.
Siemens AG (Berlin and Munich) is a global technological power that represents excellence in engineering, innovation, quality, reliability and internationality during 170 years. The company is active worldwide, focusing on the areas of electrification, automation and digitalization. Siemens is one of the world's largest producers of energy-efficient and resource-saving technologies. Siemens is a leading provider of efficient energy generation and power transmission solutions and a pioneer in infrastructure solutions, as well as automation, drive and software solutions for the 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 the 2017 fiscal year, which ended the 30 September 2017, Siemens generated revenues of € 83.0 billion and a net income of € 6.2 billion. At the end of September of 2017, the company had around 377,000 employees all over the world. More information is available on the Internet at www.siemens.com.
Bentley Systems is a global leader in providing engineers, architects, geospatial professionals, builders and owner-operators with comprehensive software solutions to advance the design, construction and operations of infrastructure. Bentley users take advantage of information mobility across disciplines and throughout the infrastructure life cycle to deliver projects and assets with better performance. 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 full managed services offered through successful plans personalized
Founded in 1984, Bentley has over 3.500 colleagues in over 50 countries and is on track to exceed an annual revenue rate of $ 700 million. Since 2012, Bentley has invested more than $ 1 billion in research, development and acquisitions. www.bentley.com
