|[July 16, 2014]
Siemens Expands Strategic Partnership with Penn State through Multi-Million Dollar Software Grant to Prepare Future Manufacturing & Engineering Workforce
PHILADELPHIA --(Business Wire)--
Today, from the National Constitution Center, Siemens (News - Alert) strengthened its
25-year relationship with The Pennsylvania State University by
announcing a major in-kind grant of product lifecycle management (PLM)
software with a commercial value of $750 million to enhance academic and
research programs. Students at Penn State will now have access to the
same Siemens PLM software used throughout the global manufacturing
industry to design, develop and manufacture some of the world's most
sophisticated products in a variety of industries, including automotive,
aerospace, medical devices, machinery, shipbuilding, and high-tech
"The manufacturing industry in America is on the rise and it is being
transformed by a software revolution that is enhancing productivity,
increasing efficiency and speeding time to market," said Chuck
Grindstaff, president and CEO, Siemens PLM Software. "This revolution
requires a highly trained workforce. With this grant, Penn State will be
able to integrate world-class PLM technology into its curriculum, so
that its students are even better prepared for co-op assignments and for
high quality manufacturing jobs."
The in-kind donation builds upon the first-of-its-kind partnership
between Siemens and a U.S. university, which was formalized with the
Siemens One strategic alliance launched in 2012. This enhanced alliance
extends the breadth and depth of the relationship between Siemens and
Penn State in healthcare, infrastructure, energy and sustainability.
Penn State will continue to benefit from improved research
collaborations, student programs, recruiting, and engagement across a
wide range of academic programs.
As software plays an increasing role in the next era of manufacturing,
the in-kind grant is designed to support programs at nine Penn State
Commonwealth Campuses in the Philadelphia region and throughout
Pennsylvania. These campuses will incorporate PLM software into student
course work and research related to computer-aided-design, engineering
simulation, industrial design, digital manufacturing and manufacturing
manaement. Penn State Great Valley will use the PLM software as it
builds a new Engineering Center and Multidisciplinary Engineering Design
degree program in conjunction with the Abington and Brandywine campuses.
"The Siemens PLM software will be a crucial tool as we educate our
students to become leaders and innovators in the manufacturing
industry," said Craig Edelbrock, chancellor of Penn State Great Valley.
"Manufacturing is the most sophisticated, forward-looking and innovative
business function in the world today and we need to let students,
parents and administrators know what these jobs look like and what
students need to learn in order to get them," said Eric Spiegel,
president and CEO, Siemens USA. "Our enhanced partnership expands the
longstanding relationship between Siemens and Penn State and offers
students valuable academic and workforce opportunities to start careers
in this high-tech industry."
Through this enhanced alliance, students will develop the advanced
manufacturing and design skills sought after by the more than 77,000
global customers who utilize Siemens' software and technology solutions.
More than 200 businesses throughout the state of Pennsylvania and in the
Philadelphia region rely on Siemens' PLM software including employers
such as FMC Technologies and Kennametal Inc.
More than 6,100 Siemens employees are based in the Philadelphia area
including over 200 U.S. military veterans. Just outside of Philadelphia,
Malvern is home to Siemens U.S. Healthcare business and also serves as
the global headquarters for Siemens Healthcare IT business. Nearby in
Plymouth Meeting, Siemens has a 12,000-square-foot manufacturing
facility that produces ultrasounds, including Siemens' wireless
ultrasound - the Acuson Freestyle. Statewide, more than 7,600 Siemens
employees work throughout Pennsylvania.
Note: Photos and video available at http://inr.synapticdigital.com/siemens/softwarerevolution/philadelphia
About Siemens PLM Software
Siemens PLM Software, a business unit of the Siemens Industry Automation
Division, is a world-leading provider of product lifecycle management
(PLM) software, systems and services with nine million licensed seats
and 77,000 customers worldwide. Headquartered in Plano, Texas, Siemens
PLM Software helps thousands of companies make great products by
optimizing their lifecycle processes, from planning and development
through manufacturing and support. Our HD-PLM vision is to give everyone
involved in making a product the information they need, when they need
it, to make the smartest decision. For more information on Siemens PLM
Software products and services, visit www.siemens.com/plm.
Note: Siemens and the Siemens logo are registered trademarks of Siemens
About Siemens in the U.S.
Siemens Corporation is a U.S. subsidiary of Siemens AG (News - Alert), a global
powerhouse in electronics and electrical engineering, operating in the
industry, energy, healthcare, and infrastructure & cities sectors. For
more than 165 years, Siemens has built a reputation for leading-edge
innovation and the quality of its products, services and solutions. With
362,000 employees in 190 countries, Siemens reported worldwide revenue
of approximately $100 billion in fiscal 2013. Siemens in the USA
reported revenue of $19.2 billion and employs approximately 52,000
people throughout all 50 states and Puerto Rico.
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