Siemens Xcelerator open digital business platform relaunched

Siemens announced Siemens Xcelerator, an open digital business platform to accelerate digital transformation and value creation for organizations of all sizes in industry, buildings, power grids and transportation. With this business platform, digital transformation will be easier, faster and more scalable. Siemens Xcelerator integrates a preferred IoT business portfolio of IoT hardware, software and digital services from Siemens and certified third parties, an evolving partner ecosystem, and an iterative online trading platform to support interactions and collaborations between customers, partners and developers.

Siemens Xcelerator will make it easier than ever for organizations to transform their digital lives, faster and at scale,” said Roland Busch, Chairman of the Board, President and Chief Executive Officer of Siemens. By bridging operations and information technology, and merging the real and digital worlds, we empower our customers and partners to improve productivity and competitiveness, and enable innovation at scale.”

“Siemens' advanced business portfolio is transitioning to more open digital applications, with more cloud-based and as-a-service solutions, as well as continuously scalable IoT hardware. At the same time, synergies will reach new heights thanks to a thriving partner ecosystem.”

“Today's launch of Siemens Xcelerator, this week's acquisition of Brightly Software, and the deepening of our partnership with NVIDIA are key milestones in Siemens' strategy of accelerating high-quality growth.” said Bleulen.

Enabling easier, faster and easier to scale digital transformation

The open digital business platform helps customers, partners, developers and others to interact and innovate collaboratively to realize win-win value. With the launch of Siemens Xcelerator, Siemens is gradually transforming its entire hardware and software portfolio towards modularity, cloud connectivity and unified standard application programming interfaces (APIs). Strong technical and commercial governance guidelines will ensure the highest standards and value for all partners. Siemens and third-party products will be guided by the design principles of interoperability, flexibility, openness and the “as-a-service” model.

Siemens also plans to integrate its Industrial Internet of Things (IIoT) solutions for industry into Industrial Operations X, which fully integrates solutions and applications from the sensor to the edge to the cloud, IoT-as-a-Service business, low-code development capabilities, and a wide range of ready-to-use applications. It enables data from the real world of automation to merge with the IT-enabled digital world, further enriched by knowledge and capabilities based on Siemens' comprehensive industry IT/ OT integration. Breaking down data silos will help organizations improve performance, productivity, agility and sustainability on all fronts.

Strategic partnership with NVIDIA to usher in a new era of immersive digital twin technology

Siemens is expanding on its existing strategic partnerships, uniting the strengths of companies of all sizes with the goal of creating an even stronger partner ecosystem.

The Siemens-NVIDIA partnership is the first major collaboration based on the Siemens Xcelerator open digital business platform. The two companies announced that they will expand their partnership to build an industrial meta-universe and explore scenarios for AI-powered digital twin technology to take industrial automation a step further. As a first step, the companies plan to connect Siemens Xcelerator and NVIDIA's 3D design and collaboration platform, Omniverse, to create an industrial meta-universe that will help organizations make fast and accurate decisions by leveraging physical-world-based digital models from Siemens and real-time simulation technology from NVIDIA that combines artificial intelligence with the laws of nature.

Validating Digital Growth Strategies and Goals

The launch of the Siemens Xcelerator platform is an important step in the implementation of Siemens' digitalization strategy. Based on this platform, Siemens will unlock significant value for existing and new customers, especially new SME customers.

As part of this launch, Siemens confirms its digital business growth target of approximately 10% CAGR over the business cycle, as announced at last year's Capital Markets Day event. in fiscal year 2021. Siemens' digital business will generate revenues of €5.6 billion. The launch of the Siemens Xcelerator platform not only aligns with Siemens' transformation to an “as-a-service” model, but will also support the achievement of annual recurring revenue growth targets.

This is an imperative step in the implementation of our digitalization strategy to accelerate innovation and value creation,” said Bohlein. Based on the Siemens Xcelerator open digital business platform, Siemens as a focused technology company will synergize with a thriving ecosystem to empower companies to easily start their digital transformation, enabling customers of all sizes to benefit from the speed and scale of transformation.”