Siemens Unlocks Industrial Software for European Startups

Siemens announced that European startups can now access its industrial software through their Startups Program. Building on the existing global program, Siemens has put together three startup-specific software collections to make industrial software more accessible for early-stage companies in Europe. These collections are preconfigured for common product development needs and are tailored to startup budgets and speed while scaling as companies grow.

The largest challenge facing startups is the step from lab result to industrial application. While universities and incubators lay the critical groundwork in this regard, they often hit barriers – due, for example, to a lack of reference customers, limited growth capital, and still insufficient market integration. At this point, Siemens is playing a key role. As an established industry actor, the company can be a partner in technology transfers at an early stage, enable pilot projects in the real world, and provide startups with access to industrial applications and networks. Through targeted software and collaboration offerings, Siemens helps close the gap between innovation and scaling and makes the path to the market easier for young companies over the long term.

“Collaborations between industry and startups have become a strategic competitive factor. We see ourselves primarily as a partner and accelerator. Startups contribute speed while Siemens contributes industrial depth and trusted global customer relationships,” explained Peter Koerte, Chief Technology Officer and Chief Strategy Officer and a member of the Managing Board of Siemens.

The company also provides startups with growth opportunities through the Xcelerator Marketplace, giving them early access to an international audience and increasing their visibility from the start. Entry barriers are also significantly reduced since young companies are integrated into an established technology ecosystem in which potential customers are already working. Combined with significantly discounted industrial software collections, this integration enables startups to focus on product and market development early on instead of investing valuable time and resources in building up basic tool landscapes.

By using integrated software solutions, companies can accelerate their development processes and bring their products to market readiness faster and more efficiently. The Siemens for Startups Program offers digital consistency that seamlessly interconnects design, simulation, manufacturing, and lifecycle management. The Siemens for Startups Program has currently worked with more than 7,000 startups to date. Built around three core pillars – Connect, Collaborate, and Empower – the program provides startups not only with the same industrial-grade technologies trusted by many of the world’s leading manufacturers. It also opens access to markets and real-world industrial collaboration.