Siemens PLM Opens its Biggest R&D Centre in Pune, India
The company also has an R&D centre each in Bangalore and Chennai with 120 and 100 top-notch engineers
India, the third biggest economy in Asia, and one of the key markets for growth for the US-based company, is poised to drive its global business growth.
“With 1,500 employees, the state-of-the-art Siemens PLM Software Global R&D Center in Pune is the biggest centre among the 26 research and developments centres spread around the world,” Chuck Grindstaff, CEO and president at Siemens PLM Software, said. The second and third largest R&D Centres are based out of the US, he said.
Siemens PLM Software is a global provider of product lifecycle management (PLM) and manufacturing operations management (MOM) software, systems and services with over nine million licensed seats and more than 77,000 customers worldwide. Specializing in 3D product lifecycle management software, its smart innovation portfolio helps manufacturers optimize their digital enterprise and realize innovation.
“This new R&D enter will focus on complete product development and delivery based on production lifecycle management (PLM) software for our global business,” Grindstaff said.
Apart from that, the center would also act as the Asia-Pacific infrastructure hub focused on cutting-edge software product development, he said. Asked about the value of investment in India, Grindstaff said it was a “big investment”, declining to disclose details.
The company, which entered India in 1998, also has an R&D centre each in Bangalore and Chennai with 120 and 100 top-notch engineers.
He said India with over 7 per cent GDP growth was one of the key markets to drive the business of the global company. “In a couple of years, we will fill up the campus capacity to 2,500 engineers from the present 1,500 employees to support our growing business,” Grindstaff said. At present China, US and Germany were the top three markets for the company, he said.
He said Siemens was committed to leverage the enormous talent pool available in India for software development in its new and emerging business areas globally, including India.
“I am excited to see an enhanced Siemens R&D footprint in India, providing further evidence of our commitment to support the Government of India’s ‘Make in India’ initiative,” Grindstaff said.
He said Siemens’ new R&D Center provided an opportunity to experience a global collaborative environment for engineering software product development.
“This center is unique because it has the energy of a startup backed with global opportunities of Siemens”, Nikhil Kelkar, general manager at Siemens PLM Software Global R&D Center, Pune, said.
Grindstaff said the company provided business solutions to diverse firms in India ranging from automotive, aerospace and defence to industrial machinery, electronics, marine, energy equipment and consumer packaging industry, among others.
“We clocked 24 per cent growth in India last year while our business grew in double-digit at CAGR for the last five-six years,” he said, adding that the growth momentum would continue.
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of product lifecycle management (PLM) and manufacturing operations management (MOM) software, systems and services with over nine million licensed seats and more than 77,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with its customers to provide industry software solutions that help companies everywhere achieve a sustainable competitive advantage by making real the innovations that matter. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of combined cycle turbines for power generation, a major provider of 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 2014, which ended on September 30, 2014, Siemens generated revenue from continuing operations of €71.9 billion and net income of €5.5 billion. At the end of September 2014, the company had around 343,000 employees worldwide on a continuing basis. Further information is available on the Internet at www.siemens.com.
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