Apttus and Siemens Partner to Deliver Comprehensive CPQ and Teamcenter PLM Solutions to Enterprise-scale Customers

SAN MATEO, Cailf., July 12, 2018 /PRNewswire/ -- Apttus, the global Middle Office leader, today announced it will integrate PLM technology from Siemens within its Configure Price Quote (CPQ) solution.

The integrated solution will provide customers with unique, end-to-end CPQ solution capabilities that better serve the full breadth of complex use cases, across the spectrum of Configure-to-Order, to custom, Engineer-to-Order. By leveraging Siemens' capabilities, such as PLM, 3D Visualization, Product Configuration and design automation, Apttus CPQ is poised to address the most challenging manufacturing industry requirements. Benefits of the solution include reduced quote and order engineering lead times, elimination of downstream errors, and improved customer satisfaction through visualization.

Apttus provides an Intelligent Middle Office platform that allows enterprises to automate, optimize, and apply artificial intelligence to their most important business processes – revenue generation and the management of commercial relationships. As part of this new partnership, Apttus is able to extend its CPQ offering into manufacturing organizations with Siemens PLM Software's Teamcenter® portfolio, the world's most widely used digital lifecycle management software, including Teamcenter Product Configurator, Rulestream™ software, and the JT™ data format for lightweight 3D visualization.

"Apttus and Siemens each have a long history of delivering innovative, essential solutions that advance the speed, efficiency, and capability of forward-thinking organizations across industries," said Neehar Giri, Co-founder and Chief Solutions Architect, Apttus. "The strength of our two organizations working together will deliver significant value to our customers."

"Providing our customers with the ability to efficiently manage product variability across the entire product lifecycle is a key component of our product strategy," said Rohit Tangri, Vice President of Product Management and Marketing, Lifecycle Collaboration Software, Siemens PLM. "Our customers want the product variability defined within PLM to be seamlessly orchestrated with CPQ processes, which in turn must deliver an ever-increasing array of product choices to end customers. We are excited to be partnering with such a strong and innovative CPQ vendor to help our customers realize this strategy."

The variability management capabilities within Teamcenter will enhance CPQ Data Management for Apttus customers, providing business impact beyond typical IT administration KPIs. Jan Frostvinge, Director of IT at Ålö AB, a leading global supplier of agricultural machinery, and mutual customer, explained how the partnership will impact his business. "We view integrating Apttus CPQ to Teamcenter as a competitive strategy. Time to market is the key differentiator in our competitive landscape. The faster we can release new product models to Apttus, the more market share we will capture."

Jensen Precast, the leader of precast concrete products for large-scale infrastructure applications, believes the partnership underscores their company's strategy to scale operations to meet the demand for custom products. "Visualizing custom products in Apttus CPQ while leveraging Siemens' Rulestream to drive 3D engineering models is a key enabler to meeting the needs of the markets we serve," said Joshua Myers, Vice President of Engineering at Jensen Precast.

About Siemens PLM Software

Siemens PLM Software is a leading global provider of PLM software and services.

For more information about Siemens PLM Software: https://www.plm.automation.siemens.com/

For more information about Teamcenter: https://www.plm.automation.siemens.com/en/products/teamcenter/index.shtml

For more information about JT: https://www.plm.automation.siemens.com/en/products/open/jtopen/index.shtml

For more information about Rulestream Engineer-to-Order: https://www.plm.automation.siemens.com/en/products/open/rulestream/

Note: Teamcenter, Rulestream and JT are trademarks or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries.

About Ålö

Ålö is one of the world's leading suppliers in the agricultural machinery industry. Ålö has been developing and manufacturing top-quality front loaders under the brands Quicke® and Trima® and associated implements under Original Implements™ since 1949. For the last years Ålö has been at the fore front of digitizing the agricultural business, with the world's first digital front loader – the Quicke Q-series - and the unique driver support system Q-companion®.

About Jensen Precast

Jensen Precast is one of the largest family owned precast concrete companies in the United States. Founded in 1968, the company provides engineered solutions with precast concrete for communities, businesses, and government agencies throughout Arizona, California, Hawaii, and Nevada. Celebrating its 50th Anniversary in 2018, Jensen Precast employs more than 800 workers who engineer, manufacture, and deliver products and services to construction and engineering businesses.

About Apttus

Apttus is a Silicon Valley-based global provider of Apttus Omni, the Middle Office platform that allows enterprises to automate and optimize their most critical revenue and commercial relationship management processes. Apttus is powered by the most advanced technologies from Salesforce, Microsoft and IBM. Analysts rank Apttus as the global gold standard for Quote-to-Cash (QTC) and Contract Lifecycle Management (CLM) solutions. Apttus' innovations include Max, the company's Applied Artificial Intelligence that enables enterprises to achieve superior business outcomes. Apttus partners with a world-class ecosystem. Apttus customers include hundreds of the world's mid-sized organizations and the who's who of the Global 1000.

Press Contact: Alex Cohen

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