Digital transformation requires accessibility, flexibility and scalability

The priority of the most successful CEOs is figuring out how to apply technology and data to solve business problems and how to uncover new opportunities. With our ever-changing and disruptive business environment, digital transformation has become critical for developing new business models, improving operations, identifying new sources of revenue and outpacing competitive threats. CEOs are adopting Software as a Service to accelerate business transformation while reducing costs and opening doors to innovation.

Digital transformation is about progress, long-term viability, profitability through efficiency, and meeting the needs of the end-user via collaboration within the ecosystem — vendors, suppliers, customers, internal departments, and engineering domains. With the comprehensive digital twin – a pillar of successful digital transformation – companies can design and test products and processes before they ever invest in materials or equipment . This not only empowers innovators to create and improve new and existing products but ensure sustainability throughout the entire product’s lifecycle.

SaaS boosts the efficiency and speed of innovation by introducing cloud connectivity and the opportunity to subscribe to software and services based on the specific needs of your company, your customers, and partners. The SaaS model can open up access to the same high-end tools often used by large organizations, but at a fraction of the cost. An open ecosystem and accessibility from anywhere on any device with internet connection allows the company’s engineers and designers to provide real-time feedback on the latest revisions whether they’re in the same office or in different time zones. Regardless of their domain, engineering teams can collaborate under a secure network and create a better performing product.

Siemens Digital Industries Software is fully invested in the digital future. We developed the largest portfolio comprising our industry-leading software and services to create Siemens Xcelerator as a Service. Companies that are serious about competing in the future will quickly realize the benefits of accessibility, scalability and flexibility when using Siemens Xcelerator as a Service and cloud-based solutions.

Whether you’re a startup or large enterprise, Siemens’ goal is to provide our customers with an integrated, holistic ecosystem that encompasses design, engineering, manufacturing, and service, in a continuous loop – with the digital twin at its core. Companies can scale their design, manufacturing and IoT capabilities to match product and market requirements, utilize new technologies quickly and cost-effectively, collaborate securely across engineering domains, and leverage your organization’s ecosystem as a network of innovation partners. ?Business leaders can now manage complexity without the costs of maintaining an on-premises infrastructure.

With the benefits of Siemens Xcelerator as a Service, companies of all sizes will find it easier to embrace digital transformation, collaborate more efficiently and remain competitive on a global scale. To learn more, visit siemens.com/cloudsolutions.

Tosh Tambe is the Vice President, Business Transformation and SaaS Strategy at Siemens Digital Industries Software