With “Siemens for Startups”, the technology companies Targeted support for startups in their early stages in the areas of engineering and manufacturing. Within the program, Siemens offers corresponding services and significantly reduces software and hardware costs. The company aims to foster the innovative power of startups and improve their development processes with customized solutions.
Peter Körte, Member of the Managing Board of Siemens AG, Chief Technology Officer and Chief Strategy Officer, commented:
"Startups are crucial to helping our customers become more competitive, sustainable, and resilient. By collaborating with startups, Siemens helps bring groundbreaking ideas into the industrial environment more quickly and enables its customers to tackle global challenges more effectively with cutting-edge technologies, tools, and solutions."
The program is based on three pillars:
- Connect: The program helps with adoption and integration on the Siemens Xcelerator Marketplace, providing access to a global sales channel and the associated ecosystem.
- Collaborate: As a venture client, Siemens is an early customer and co-developer. This gives the company access to innovative solutions and services and provides startups with the early revenue they need for growth.
- Empower: The offer includes bundled access to Siemens Xcelerator software tools, both in the area of product development and software development.
As a strategic partner of Amazon Web Services (AWS), Siemens plans to integrate its startup program with AWS. This, in turn, is intended to accelerate innovation, optimize development processes, and enable rapid scaling. The collaboration underscores the commitment of both companies to fostering entrepreneurial culture and driving digital transformation in the industrial sector.
In this regard, Jon Jones, Vice President and Global Head Startups at AWS:
"Thanks to our collaboration with Siemens, we can extend the capabilities of our AWS Startup Program to a new generation of innovators in engineering and manufacturing. By providing startups with modern software, generative AI, and cloud services, AWS and Siemens enable them to bring their ideas to life faster and empower entire industries with innovative solutions."
By integrating Siemens' comprehensive industrial software suite, including design, simulation, and manufacturing solutions from the Xcelerator portfolio, with AWS's scalable cloud infrastructure and startup program, startups gain access to the necessary tools and resources to maximize their market opportunities. Qualified startups receive AWS credits, business development resources, and access to the AWS Activate program for technical support and go-to-market assistance.
All information about the new startup program is available on the associated website.
