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🌊 2023 Forrester Wave™ PLM Report Recognizes Siemens Teamcenter as a Leader

By Bill Lewis

Great news! Teamcenter is recognized by Forrester Research as a leader in PLM.

Siemens received the highest score in the current offering category, tied for the highest score in the strategy category, and received the highest possible score in the market presence category in The Forrester Wave™: Product Lifecycle Management for Discrete Manufacturers, Q1 2023 report.

We are grateful for our customers! To us, the input they provided to Forrester for the evaluation reflects our ongoing commitment and focus on their success:

Reference customers noted the quality of the implementation experience, support for overcoming supply disruption, and support for multidomain design data. They rated the user interface and usability favorably…

The Forrester Wave PLM report assessed Teamcenter and Siemens Digital Industries Software, along with nine other vendors to research, analyze and score the offerings. Teamcenter received the highest possible scores in more criteria than any other evaluated vendor:

Current Offering

  • product data management
  • manufacturing use-cases
  • supply chain use-cases
  • compliance, sustainability, “green” PLM support
  • service use-cases
  • platform characteristics

Strategy

  • product vision
  • market approach
  • planned enhancements
  • innovation roadmap
  • supporting products and services
  • partner ecosystem
  • delivery model
  • commercial model

Market presence

  • revenue
  • number of customers

We believe our ability to deliver the most comprehensive digital twin and multi-domain engineering bill of materials including mechanical, electrical, electronic, software, and simulation data – and the world’s leading visualization – is why Forrester named us a leader in the report.

Read The Forrester Wave™: Product Lifecycle Management for Discrete Manufacturers, Q1 2023 report.

From the report: “Siemens demonstrates superior management of stage gates, digital thread, product development control, sourcing, software bill, embedded software, variants, engineering change, bill of process, digital twin of manufacturing process, product line engineering, extended bills of material, service and supply chain use cases, compliance sustainability and green PLM support, and platform characteristics.”

According to the report: “Siemens capitalizes on strategically significant acquisitions. With more than 170,000 Siemens PLM customers, Siemens generates revenues similar to those of other leading PLM providers. Siemens’ strategic acquisitions support its superior vision. The Mentor Graphics acquisition underpins Siemens’ smart product strategy. Siemens’ acquisition of Supplyframe anticipated the importance of integrating PLM with sourcing. Its digital logistics strengthens design for availability. Its acquisition of Mendix anticipated the importance of low-code extensibility to user adoption and engagement. Siemens’ innovation roadmap benefits from corporate innovation investment of more than €5 billion in 2022 from Siemens’ Next47 VC investment group and from the Mendix developer network. Its vertical market approach, for example, offering aerospace design verification; its large global customer success organization; and its extensive Siemens Xcelerator portfolio were also distinctive.” 

We are honored by this recognition.

Learn more about Teamcenter and Teamcenter X, our cloud SaaS offering, and take a look at our entire PLM portfolio. Get started now and grow with PLM!


Teamcenter is recognized as a leader in the 2023 G2 Winter Grid Report – across multiple categories for Small Business, Mid-Market and Enterprise level solutions and industry software applications.


See the results of The Forrester Wave™: Product Lifecycle Management for Discrete Manufacturers, Q1 2021 report.

Forrester Wave PLM

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This article first appeared on the Siemens Digital Industries Software blog at https://blogs.sw.siemens.com/teamcenter/2023-forrester-wave-best-plm/