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MarketScreener Homepage  >  Equities  >  Xetra  >  Siemens AG    SIE   DE0007236101

SIEMENS AG

(SIE)
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Siemens : partners with Arm to accelerate the future of mobility by redefining design capabilities for complex electronic systems

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01/07/2020 | 04:30am EST

· Partnership brings together leading-edge integrated circuit (IC) methodologies, processes and tools to help the automotive supply chain solve design and verification challenges
· Leveraging Arm automotive IP and software within Siemens' PAVE360 digital twin environment enables collaboration and empowers automakers and suppliers to develop and validate differentiated safety enabled systems, ICs and software solutions in the context of the entire vehicle
· Siemens' PAVE360, part of Siemens Digital Industries Software's Xcelerator portfolio, helps automotive companies innovate and develop the complex electronic systems needed for today and tomorrow's vehicles

Siemens Digital Industries Software today announced a partnership with global semiconductor IP leader Arm, that will bring leading edge IP, methodologies, processes and tools together to help automakers, integrators and suppliers collaborate, design and bring to market their next-generation platforms much faster. This partnership was formed to address the increasingly complex challenges facing the industry in developing platforms to realize active-safety, advanced driver assistance, in-vehicle infotainment, digital cockpits, vehicle-to-vehicle/vehicle-to-infrastructure and self-driving vehicles. Key advances in computing and sensor technology are enabling companies to redefine mobility beginning with the integrated circuits and software within automotive electronics systems. The combination of Siemens' and Arm's innovative technologies can help automakers and suppliers deliver tomorrow's electronic design and automotive solutions, today.

Siemens' PAVE360™ digital twin environment, featuring Arm IP, applies high-fidelity modeling techniques from sensors and ICs to vehicle dynamics and the environment within which a vehicle operates. Using Arm IP, including Arm Automotive Enhanced (AE) products with functional safety support, digital twin models can run entire software stacks providing early metrics of power and performance while operating in the context of a high-fidelity model of the vehicle and its environment, helping deliver a new future of mobility.  

"Developing future transportation solutions requires collaboration across complex ecosystems," said Dipti Vachani, senior vice president and general manager, Automotive and IoT Line of Business, Arm. "Arm technology has been deployed in applications across the whole vehicle for more than two decades, and our collaboration with Siemens redefines what is possible in terms of safety-capable, scalable heterogeneous compute. We see this as an important catalyst for the next wave of automotive semiconductor innovation."

Using Siemens' PAVE360 with Arm automotive IP, automakers and suppliers can simulate and verify sub-system and system on chip (SoC) designs, and better understand how they perform within a vehicle design from the silicon level up, long before the vehicle is built. Arm's automotive IP is helping to democratize the ability to create safety-enabled silicon, bringing it within reach of the entire automotive supply chain. By rethinking IC design for the automotive industry, manufacturers can consolidate electronic control units (ECUs), leading to thousands of dollars in savings per vehicle by reducing the number of circuit boards and meters of wire within the vehicle design. This in turn reduces vehicle weight which can promote longer range electric vehicles.

                                                                                  

"In all we do at Siemens, our goal is to provide transportation companies and suppliers the most comprehensive digital twin solutions, from the design and development of semiconductors, to advanced manufacturing and deployment of vehicles and services within cities," said Tony Hemmelgarn, president and CEO at Siemens Digital Industries Software. "Siemens believes collaboration with Arm is a win for the entire industry. Carmakers, their suppliers, and IC design companies all can benefit from the collaboration, new methodologies and insight now sparking new innovations."

Siemens` PAVE360 platform will be demonstrated in the Siemens Mobility booth at the Computer Electronics Show (CES) in Las Vegas, January 7 - 10, 2020.  This demonstration of industry-leading technology will showcase Arm's automotive IP and technology from Siemens including Simcenter™ Prescan™ software, the Veloce™ hardware emulator, and Simcenter™ Amesim™ software.

Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing and electronics design meet tomorrow. The Xcelerator portfolio (https://www.sw.siemens.com/portfolio/) helps companies of all sizes create and leverage digital twins that provide organizations with new insights, opportunities and levels of automation to drive innovation. For more information on Siemens Digital Industries Software products and services, visit www.sw.siemens.com or follow us on LinkedIn (https://www.linkedin.com/company/siemenssoftware), Twitter (http://www.twitter.com/siemenssoftware), Facebook (http://www.facebook.com/SiemensDISoftware) and Instagram (http://www.instagram.com/siemenssoftware). Siemens Digital Industries Software - Where today meets tomorrow.

Contact for journalists

Natalie Navales
Phone: +1 314 264 8671
E-mail: Natalie.Navales@siemens.com

Johan Nybom
Inmema PR
Phone: +46 73 660 81 75
E-mail: Johan.Nybom@Inmema.com

Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI's unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 76,000 employees internationally.

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. In fiscal 2019, which ended on September 30, 2019, Siemens generated revenue of €86.8 billion and net income of €5.6 billion. At the end of September 2019, the company had around 385,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

Note:  A list of relevant Siemens trademarks can be found here (https://www.plm.automation.siemens.com/global/en/legal/trademarks.html). Other trademarks belong to their respective owners.

https://news.cision.com/inmema-pr/r/siemens-partners-with-arm-to-accelerate-the-future-of-mobility-by-redefining-design-capabilities-for,c3002495

(c) 2020 Cision. All rights reserved., source Press Releases - English

Stocks mentioned in the article
ChangeLast1st jan.
SIEMENS AG 1.14% 107.88 Delayed Quote.-7.43%
SIEMENS HEALTHINEERS AG 0.89% 40.41 Delayed Quote.-5.63%
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Financials (EUR)
Sales 2020 89 454 M
EBIT 2020 7 087 M
Net income 2020 5 365 M
Debt 2020 24 944 M
Yield 2020 3,66%
P/E ratio 2020 16,2x
P/E ratio 2021 14,2x
EV / Sales2020 1,26x
EV / Sales2021 1,18x
Capitalization 87 496 M
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Number of Analysts 24
Average target price 128,73  €
Last Close Price 107,88  €
Spread / Highest target 39,0%
Spread / Average Target 19,3%
Spread / Lowest Target -3,60%
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NameTitle
Josef Kaeser President & Chief Executive Officer
Jim Hagemann Snabe Chairman-Supervisory Board
Roland Emil Busch Deputy CEO, COO, CTO & Labour Director
Ralf Peter Thomas Chief Financial Officer
Michael Diekmann Member-Supervisory Board
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