AXISCADES boards Siemens’ to focus on Industrial IoT services

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Engineering firm said that it has joined the run by German technology giant Siemens. As a part of , the company would be able to focus on digital transformation and make smart manufacturing need of its customers. Siemens’ focus on Industrial IoT (IIoT) solution and technology providers.

The company informed that as a MindSphere Gold Partner, AXISCADES is investing in and expanding its smart manufacturing offerings using MindSphere, and will have its technical staff trained by Siemens through the MindSphere technical curriculum. Through their joint go-to-market activities, AXISCADES and Siemens intend to assist customers in achieving substantial business value in their industry 4.0 journeys.

“This MindSphere partnership enables us to go beyond just collecting, ingesting and analysing data to also building meaningful applications that solve shop floor problems for our customers,” says Abhijit Chattopadhyay, VP Sales & Global Head Alliances, AXISCADES.

According to a report by Zion Market Research, the global Industrial IOT market is expected to be valued at over $200 Billion by 2023 from nearly $146 Billion in 2017
with transportation, industrial and utilities being the biggest contributors. Large scale industrialisation in the Asia Pacific region coupled with heavy investments in R&D in North America will be drivers of growth. For AXISCADES, industrial IOT is a key strategic bet and one that it would invest heavily in to build its
positioning as a smart manufacturing company.

“AXISCADES, with their strong engineering and manufacturing DNA, are capable of delivering tremendous value to the aerospace, industrial and automotive industries through their vertically integrated solutions. I welcome them to the MindSphere ecosystem and look forward to working with AXISCADES to deliver great value to our joint customers,” said Paul Kaeley, SVP, Global Partner Ecosystem, Siemens PLM Software.

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