Konecranes adopts Internet of Things technology to bridge virtual and real worlds using Siemens' digital innovation platform

PLANO, Texas, Jan. 10, 2019 /PRNewswire/ -- Konecranes, a Finnish company specializing in the manufacture and service of cranes and lifting equipment, has implemented Siemens' digital innovation platform to accelerate its product development process and connect product and performance data together. The company is using MindSphere, the open, cloud-based Internet of Things (IoT) operating system, and the Teamcenter^® portfolio, the world's most widely used digital lifecycle management software, to leverage the digital twin and reduce the number of physical prototypes, which helps to increase efficiency and decrease product validation time. The Konecranes proof of value is one of the first implementations of IoT to develop a framework that connects and synchronizes the virtual (engineering design, analysis and simulation) and physical (testing and operational reliability) worlds.

"The product design process is currently based more on an engineer's experience and generally shared assumptions than measured facts from existing products," said Juha Pankakoski, Executive VP, Technology at Konecranes. "These assumptions often lead to non-optimized designs that are over engineered. With an integrated digital twin platform, we see major potential in speeding up the product development process, reducing prototypes, increasing traceability and thus improving quality and reduce development cost."

Today design, simulation and prototype testing organizations operate in their own silos, often using out of date processes for their work. At Konecranes, a digital twin was utilized as the communication approach between all three organizations to review data and provide feedback around engineering, simulation and testing intent. Using the Siemens platform for digital innovation, Konecranes has been able to connect the data from all of these organizations to create one 360 degree view of how prototypes are running and performing, and correlating requirements to, real world performance data. A closed-loop digital twin framework using IoT and product lifecycle management (PLM) technologies can lead to faster design issue resolution and shorter prototyping phases by leveraging virtual sensor data in product simulations to provide accurate results. It can also improve overall quality and a support downstream product lifecycle processes.

"Bringing together assets from both the physical and virtual domains provides a seamless framework of business data which can help eliminate rework, leverage factual data surrounding prototypes, and provide closed-loop feedback regarding physical and virtual assets," said Tony Hemmelgarn, President and CEO at Siemens PLM Software. "The proof of value of the digital twin achieved at Konecranes confirms the business value of integrated IoT and PLM technology. The power of the Digital Twin connecting MindSphere IoT real time data to the virtual engineering assets in a seamless user experience turns generated data into actionable information to create a closed-loop decision environment for continuous optimization."

Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of software solutions to drive the digital transformation of industry, creating new opportunities for manufacturers to realize innovation. With headquarters in Plano, Texas, and over 140,000 customers worldwide, Siemens PLM Software works with companies of all sizes to transform the way ideas come to life, the way products are realized, and the way products and assets in operation are used and understood. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

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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 electrification, automation and digitalization. One of the largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. With its publicly listed subsidiary Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2018, which ended on September 30, 2018, Siemens generated revenue of €83.0 billion and net income of €6.1 billion. At the end of September 2018, the company had around 379,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

Note: Siemens, the Siemens logo and MindSphere are trademarks or registered trademarks of Siemens AG. Teamcenter is a trademark or registered trademark of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.

SOURCE Siemens PLM Software

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