Industry insights: Highlights from the Siemens Costing Symposium 2026
A deep dive into innovation at Eppstein Botanical
What an incredible day of connection and innovation! We recently hosted the Siemens Costing Symposium 2026, and the energy was palpable. Set against the beautiful backdrop of Eppstein Botanical, we joined forces with our customers to explore the next frontier of product cost management.
The event was a perfect blend of high-level insights, visionary keynotes, and deep-dive discussions on how we are transforming the way industries approach cost engineering in an increasingly complex market.
Spotlighting the future of Teamcenter Product Cost Management
Feedback on our latest innovations in Teamcenter Product Cost Management was overwhelmingly positive. Two areas stood out as gamechangers for our customers:
- Teamcenter® Costing 3D Model-to-Cost software: The ability to calculate parts and assemblies directly from 3D data is significantly reducing manual effort and increasing accuracy.
- Teamcenter® Copilot Costing Add-on software: Our new AI-driven assistant proving that Industrial AI isn’t just a buzzword, it’s a practical tool that empowers cost engineers to make faster, smarter decisions.
The power of an integrated costing ecosystem
In his recent keynote, Torsten Nowak, VP Supplier Excellence Management at Schaeffler, highlighted a critical shift in the industry: the real potential of digital transformation lies not just in individual tools, but in a fully integrated ecosystem.
By connecting Teamcenter Product Cost Management with advanced analytics and Industrial AI, organizations can turn raw data into actionable insights. This allows Cost Engineers to move away from manual data entry and focus on what they do best: value creation and strategic business decisions.
When industry leaders like Schaeffler and DRAEXLMAIER advocate for “Costing with Purpose,” it sets a new benchmark. It demonstrates how digitalization and AI drive not just efficiency, but true business transformation—balancing profitability with the growing need for sustainability.
Special thanks to our industry visionaries
A symposium is only as strong as its speakers. We are proud to have had such a distinguished lineup of experts share their real-world experiences and visions for the future. Their insights serve as a powerful reference for the impact of digital transformation in costing:
- 👏 Hendrik Heinemann (DRAEXLMAIER)
- 👏 Torsten Nowak (Schaeffler)
- 👏 Jean-Christoph Heyne (Siemens CVE)
- 👏 Vlad Larichev (Siemens – Team Industrial AI)
Looking ahead: The road to release 2612
While the symposium provided a first look at these game-changing innovations, this is only the beginning. We are excited to announce that the commercial release of these Industrial AI and 3D-based costing capabilities is just around the corner.
Coming in December 2026, Release 2612 will officially bring the Teamcenter Copilot Costing Add-on and Teamcenter Costing 3D Model-to-Cost our enhanced automation tools to the market. Over the coming weeks, we will be sharing more in-depth information, technical insights to help you prepare for this next milestone in product cost management.
Stay tuned for more updates as we count down to the launch!
Thank you to all our speakers and guests for the engaging questions and the fantastic feedback. We are already looking forward to the next one!
