Hyundai Heavy Industries Expands Use of Siemens PLM Software's NX and Teamcenter into its China Divisions
February 12 2008 - 9:00AM
PR Newswire (US)
Siemens PLM Software Enhances Customer's Competitive Advantage in
China by Significantly Reducing Product Development Cycle Time
PLANO, Texas, Feb. 12 /PRNewswire/ -- Siemens PLM Software, a
business unit of Siemens Industry Sector and a leading global
provider of product lifecycle management (PLM) software and
services, today announced HHI China Investment Co., Ltd., a
subsidiary of Hyundai Heavy Industries Group, a world class
construction equipment manufacturer, has selected NX(TM) and
Teamcenter(TM) software to reduce development costs, enhance
product quality and reduce time to market. (Logo:
http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ) HHI
Electro Electric Systems Division, HHI Engine & Machinery
Division and HHI Construction Equipment Division have been
successfully using Siemens PLM Software technology since 2004. In
addition, approximately 1,000 suppliers collaborate with HHI using
the same PLM systems. HHI China will now utilize NX, Siemens PLM
Software's digital product development software, and Teamcenter,
Siemens PLM Software's collaborative product data management
solution and the world's most widely used PLM portfolio, to shorten
its product development cycle to bring more innovative products to
market faster to gain a strong competitive advantage in China.
"Hyundai Heavy Industries Group is the market share leader in the
excavator market in China, and the company is dedicated to
contributing to China's development," said HHI China Investment
Co., Ltd. "As construction business is booming in China, greater
needs for R&D capabilities are required for successful business
in the market. PLM software plays an important role in
strengthening R&D capability. We look forward to further
cooperation with Siemens PLM Software and deploying NX and
Teamcenter software to other divisions of HHI China." "Innovation
and time to market are of vital importance for manufacturers to
maintain their competitive advantage in China," said Chuck Yuan,
senior vice president and general manager of Greater China
Operations for Siemens PLM Software. "We have been paying great
attention to Chinese manufacturers' needs and are committed to
improving their design capability and improving product development
cycle time with complete PLM solutions." Introduced in April and
featuring 400 enhancements, NX 5 powers innovation by integrating
all aspects of the design-through-manufacturing process in a
high-performance digital product development solution. NX helps
companies develop innovative products faster and more
cost-efficiently. Teamcenter powers innovation and productivity by
connecting people and processes with a single source of product and
process knowledge. Teamcenter's comprehensive portfolio of proven
digital lifecycle management solutions is built on an open PLM
foundation to power end-to-end PLM. About Siemens PLM Software
Siemens PLM Software, a business unit of Siemens Industry Sector,
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 http://www.siemens.com/plm. About Siemens Industry Sector The
Siemens Industry Sector and its products and solutions address
industry customers in the fields of production, transportation and
building systems. The sector, newly formed on Jan. 1, 2008, is
primarily comprised of the business activities of the former
Siemens Groups A&D, I&S, SBT, Osram and TS. Approximately
209,000 employees currently work in the Industry Sector. The
sector's businesses generated revenues of roughly euro 40 billion
in fiscal 2007. Further information about the Siemens Industry
Sector is available at http://www.siemens.com/industry. Note:
Siemens and the Siemens logo are registered trademarks of Siemens
AG. NX and Teamcenter are trademarks or registered trademarks of
Siemens Product Lifecycle Management Software Inc. or its
subsidiaries in the United States and in other countries. All other
trademarks, registered trademarks or service marks belong to their
respective holders.
http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO
http://photoarchive.ap.org/ DATASOURCE: Siemens PLM Software
CONTACT: Salim Rahimi, +1-972-987-3206, , or Kevin Huang,
+8610-8529-9888 Ext. 6209, , both of Siemens PLM Software Web site:
http://www.siemens.com/plm http://www.siemens.com/industry
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