Siemens PLM plans to ramp up business

August 16th, 2008 - 6:16 pm ICT by IANS  

Kolkata, Aug 16 (IANS) Global provider of product lifecycle management (PLM) software and services Siemens PLM Software is planning to scale up its business in India by upgrading products and adding new customers, a top company official said here Saturday. “We have a two-fold strategy to scale up our business in India. Firstly, we will have to upgrade and add new products to cater to the needs of existing customers and secondly, we have to add new customers,” Siemens director-marketing Vivek Marwaha told reporters.

The company, at present, has a customer-base of 2,500 and is adding around 25 percent every year, Marwaha said.

Potential customers of Siemens are from industrial sectors like automotive, machinery - construction, power, textiles - defence, aerospace, automobile, pharma, apparel, retail and packaging.

Siemens PLM Software is a business unit of Siemens Industry Automation Division.

Siemens Industry acquired $3.5 billion software company UGS in 2007, which later became Siemens PLM.

Around 700 people work in its research and development centre at Pune, Marwaha said.

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