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SI Silvergate Capital Corporation

1.25
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Share Name Share Symbol Market Type
Silvergate Capital Corporation NYSE:SI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 0 01:00:00

Siemens PLM Software Recognized in Leaders Quadrant in Magic Quadrant for Product Lifecycle Management

08/01/2008 4:00pm

PR Newswire (US)


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Leading Technology Research and Advisory Firm Evaluates Siemens PLM Software Based on "Ability to Execute" and "Completeness of Vision" PLANO, Texas, Jan. 8 /PRNewswire/ -- Siemens PLM Software, a business unit of Siemens Industry Sector and a leading global provider of product lifecycle management (PLM) software and services, today announced that Gartner, Inc., a leading technology research and advisory firm, has positioned Siemens PLM Software in the leaders quadrant of its "Magic Quadrant for Product Life Cycle Management, 4Q07" report. The "PLM Magic Quadrant" graphically portrays PLM vendors based on an evaluation of a company's vision and its ability to execute. Gartner published the "Magic Quadrant for Product Lifecycle Management, 4Q07" on January 4, 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ) "We are particularly gratified to have been positioned in the leaders quadrant, which we believe reflects our success in balancing the UGS-Siemens integration with our continuing ability to perform well in the market and stay clearly focused on supporting our customers," said Tony Affuso, chairman and CEO of Siemens PLM Software. "In the meantime, we continue to advance our vision of enabling Global Innovation Networks, which the world-class resources and commitment of Siemens will strengthen as we go forward." With its Teamcenter 2007 portfolio, Siemens PLM Software supplies the digital PLM backbone that keeps more than 40 BSH factories around the world consistently updated with the latest product information," said Uwe Tontsch, head of IT for Product Development and Industrial Engineering Solutions, BSH. "The product consolidation in Teamcenter 2007 has lead to the creation of a total solution portfolio. While there is still progress to be made, Siemens PLM Software is very well positioned to support BSH with its current and future PLM requirements in the area of digital product development and digital manufacturing. They are the right choice as a strategic PLM partner for BSH and they gave us full confidence they could help us achieve our product development goals." According to Gartner, Inc., "Manufacturing PLM leaders command not only a firm grasp of today's evolving PLM market conditions, they also see and convincingly communicate the future opportunities of cross-functional, enterprise-oriented PLM applications that support commercial activities with product-centric content." The evaluation process involved the assessment of companies' overall viability; its product; sales execution and pricing, and market responsiveness and track record. In addition, Gartner considered each firm's market understanding, and its marketing, sales and product strategy. The full report, compliments of Siemens PLM Software, will be available at http://www.plm.automation.siemens.com/en_us/about_us/newsroom/analyst.shtml. (Gartner, Inc. "Magic Quadrant for Manufacturing Product Life Cycle Management, 4Q07" by Marc Halpern and Dan Miklovic, January 4, 2008.) About the Magic Quadrant The Magic Quadrant is copyrighted 2007 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Siemens PLM Software Siemens PLM Software, a business unit of Siemens Industry Sector, is a leading global provider of product lifecycle management (PLM) software and services with 4.6 million licensed seats and 51,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software's open enterprise solutions enable a world where organizations and their partners collaborate through Global Innovation Networks to deliver world-class products and services. For more information on Siemens PLM Software products and services, visit http://www.siemens.com/plm. About Siemens Industry Sector The Siemens Industry Sector and its products and solutions address industry customers in the fields of production, transportation and building systems. The sector, newly formed on Jan. 1, 2008, is primarily comprised of the business activities of the former Siemens Groups A&D, I&S, SBT, Osram and TS. Approximately 209,000 employees currently work in the Industry Sector. The sector's businesses generated revenues of roughly Euro 40 billion in fiscal 2007. Further information about the Siemens Industry Sector is available at http://www.siemens.com/industry. Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. NX and Teamcenter are trademarks or registered trademarks 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. http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO http://photoarchive.ap.org/ DATASOURCE: Siemens PLM Software CONTACT: Mendi Paschal of Siemens PLM Software, +1-972-987-3210, Web site: http://www.siemens.com/plm http://www.automation.siemens.com/

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