In related news, Siemens has expanded its collaboration with Nvidia to further the industrial metaverse. The partnership will integrate NVIDIA Omniverse Cloud APIs into the Siemens Xcelerator platform to enhance the adoption of AI-driven digital twin technologies. The Siemens Xcelerator platform will also include a new Teamcenter X solution for its cloud-based lifecycle management software, which will use Nvidia Omniverse.
Key takeaways:
- Siemens is set to acquire ebm-papst's industrial drive technology division, expanding its production facility automation. The deal is expected to be completed by mid-2025.
- Siemens' shares fell as its CFO Ralf Thomas indicated the company's continued struggle in the Chinese market, predicting a low-double-digit drop in digital-industry orders.
- Siemens has expanded its collaboration with Nvidia to further the industrial metaverse, incorporating NVIDIA Omniverse Cloud APIs into the Siemens Xcelerator platform to enhance the adoption of AI-driven digital twin technologies.
- The Siemens Xcelerator platform will include a new Teamcenter X solution for its cloud-based lifecycle management (PLM) software, which will use Nvidia Omniverse. This technology aims to streamline product development procedures, reduce errors, and boost productivity.