Siemens Launches Open Digital Commerce Platform to Accelerate Digital Transformation

Siemens AG has launched an open digital business platform, Siemens Xcelerator, to accelerate digital transformation and value creation for customers of all sizes in industry, buildings, networks and mobility. The enterprise platform makes digital transformation easier, faster and scalable. Siemens Xcelerator includes a curated portfolio of Internet of Things (IoT) enabled hardware, software and digital services from Siemens and certified third parties; a growing ecosystem of partners; and a scalable marketplace to facilitate interactions and transactions between customers, partners, and developers.

Roland Busch, President and CEO of Siemens AG, said, “Siemens Xcelerator will make it easier than ever for businesses to navigate digital transformation, faster and at scale. By combining the real and digital worlds through operational and information technologies, we empower customers and partners to drive productivity, competitiveness and scale innovation. »

“Our leading portfolio is shifting towards more open applications, with more cloud-based and as-a-service solutions and IoT-enabled hardware that can be constantly upgraded. At the same time, collaboration will reach a new level with a growing ecosystem of partners. »

“Today’s launch of Siemens Xcelerator, this week’s acquisition of Brightly Software, and our expanded partnership with NVIDIA are major milestones in executing our strategy to accelerate high-value growth,” Busch concluded. .

Enable digital transformation, easier, faster and at scale

The open digital business platform creates value for participants by facilitating interactions and fostering innovation between multiple parties – customers, partners, developers, etc., because no one can do it alone. With the launch of Siemens Xcelerator, step by step, Siemens will transform its entire hardware and software portfolio to become modular, cloud-connected and based on standard application programming interfaces (APIs). The highest standards and value for all parties will be ensured through strong technical and business governance principles. Siemens and third-party offerings will adhere to the design principles of interoperability, flexibility, openness and service.

Launch of the new SaaS – Building X

Siemens today announced the first new SaaS offering as part of Siemens Xcelerator. Building X is a new intelligent building suite for creating a single source of truth (SSOT) that takes the complexity out of scanning and helps clients achieve their net zero goals. It is an end-to-end data and analytics suite that breaks down data silos in areas such as energy management, security, and building maintenance. Building X is an open, modular fully cloud-based software suite, with AI-enabled apps, solid connectivity, and built-in cybersecurity.

On Monday, June 27, 2022, Siemens announced the agreement to purchase Brightly Software, a US leader in asset and maintenance management software. The acquisition will add Brightly’s well-established capabilities in key industries to Siemens’ digital and software know-how in buildings. It will be a core part of the Siemens Xcelerator for Buildings portfolio.

Siemens also plans to integrate its industrial Internet of Things (IIoT) solutions for industry under the name Industrial Operations X, which brings together solutions and applications ranging from sensor to edge to cloud, l ‘IoT as a Service’ and low-code development capabilities, as well as a wide range of ready-to-use applications. It enables the data fusion of the real world of automation with the digital world of information technology, enriched by Siemens knowledge and comprehensive IT/OT vertical integration capabilities. Breaking down data silos will help businesses increase performance, productivity, flexibility, and sustainability.

Partnership announced with NVIDIA for a new era of immersive digital twin technology

Siemens is committed to joining forces and building a strong partner ecosystem, building on existing strategic partnerships including Accenture, Atos, AWS, Bentley, Microsoft and SAP. The intention is to expand the partnership ecosystem with small, medium and large companies.

The first major partnership agreement under the Siemens Xcelerator umbrella is with NVIDIA. The two companies today announced an extension of their partnership to enable the industrial metaverse and increase the use of AI-based digital twin technology that will help take industrial automation to a new level. As a first step in this collaboration, the companies plan to connect Siemens Xcelerator, the open digital business platform, and NVIDIA Omniverse, a 3D design and collaboration platform. This will enable an industrial metaverse with physics-based digital models from Siemens and real-time, physically accurate, AI-enabled simulation from NVIDIA, where businesses make decisions faster and with greater confidence.

Confirmation of digital growth strategy and objectives

The launch of the Siemens Xcelerator platform is the logical continuation of Siemens’ digital strategy. Siemens will be able to unlock significant value for existing and new customers, especially those new to the small and medium business segment.

As part of the launch, Siemens confirms its growth targets for the digital business announced at Capital Markets Day last year of a compound annual growth rate of around 10% over the economic cycle. The digital turnover for the 2021 financial year amounts to 5.6 billion euros. The launch of the commercial platform is also consistent with its evolution towards offers as a service and will reinforce the objective of increasing annual recurring revenues.

Roland Busch added: “This is the next logical step in implementing our digitization strategy to enable even faster innovation and value creation. Siemens Xcelerator combines the power of our focused technology business with a thriving ecosystem of technology partners. We come together to simplify digital transformation so customers of all sizes can benefit quickly and at scale. »