With “Siemens for Startups”, the technology company aims to provide targeted support to startups in their early stages in the areas of engineering and manufacturing. As part of the program, Siemens offers corresponding services and significantly reduces costs for software and hardware. With this initiative, the company aims to foster the innovation power of startups and improve their development processes with customized solutions.
Peter Körte, member of the board of Siemens AG, Chief Technology Officer and Chief Strategy Officer, comments:
“Startups are critical in supporting our customers to become more competitive, sustainable and resilient. Through collaboration with startups, Siemens helps bring groundbreaking ideas faster into the industrial environment and enables its customers to tackle global challenges more effectively with cutting-edge technologies, tools and solutions.”
The program is built on three pillars:
- Connect: The program assists with launch and integration on the Siemens Xcelerator Marketplace, provides access to a global distribution channel and its 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 while providing startups with the early revenue needed for their growth.
- Empower: The offering includes bundled access to Siemens Xcelerator software tools, both in product development and software development.
As a strategic partner of Amazon Web Services (AWS), Siemens aims to couple its startup program with AWS’s. This is intended to accelerate innovation, optimize development processes and enable rapid scaling. The collaboration underscores both companies’ commitment to fostering startup culture and driving digital transformation in the industrial sector.
Jon Jones, Vice President and Global Head Startups at AWS, adds:
“Thanks to our collaboration with Siemens, we can extend the capabilities of our AWS Startup Program to a new generation of innovators in the technology and manufacturing sectors. By providing startups with modern software, generative AI and cloud services, AWS and Siemens enable them to implement their ideas faster and drive entire industries forward with innovative solutions.”
By integrating Siemens’s comprehensive industrial software suite, including design, simulation and manufacturing solutions from the Xcelerator portfolio, into AWS’s scalable cloud infrastructure and startup program, startups gain access to the necessary tools and resources to maximize their market opportunities. For technical support and go-to-market assistance, qualified startups receive AWS credits, business development resources and access to the AWS Activate program.
All information about the new startup program is available on the associated website.
