Key Takeaways
- Siemens partners with Xometry to integrate manufacturability, pricing, and sourcing data into the design workflow
- The partnership expands Siemens' supply chain intelligence efforts and provides sourcing information for mechanical parts
- The agreement includes a minority investment of $50 million by Siemens in Xometry
- The integration aims to support design-for-manufacturing (DFM) analysis and provide design feasibility feedback, manufacturing options, pricing, and lead times
Introduction to the Partnership
Siemens has formed a strategic partnership with Xometry, a leading marketplace for custom manufacturing, to enhance the design-to-production process. This collaboration integrates manufacturability, pricing, sourcing, and lifecycle data into the design workflow within Siemens Xcelerator.
Expanded Supply Chain Intelligence
The partnership expands Siemens' supply chain intelligence efforts, building on the capabilities of Supplyframe, which provides design-to-source information for electronic components. Xometry adds sourcing information for standard and custom mechanical parts through its marketplace and Thomas industrial sourcing network in North America. The integration of Thomas with Supplyframe provides sourcing information for both electronic and mechanical components, supporting bill of materials (BOM) sourcing.
Integration and Investment
The agreement includes integration with Siemens' Designcenter software and a minority investment of $50 million by Siemens in Xometry. This investment demonstrates Siemens' commitment to broadening access to industrial technology across companies of different sizes. The companies plan to combine design, pricing, sourcing, and production data within the digital workflow, enhancing the overall design-to-production process.
Xometry's Platform
Xometry's platform is built on part files, manufacturer feedback, and production data from a supplier network of over 5,000 active suppliers. This data supports design-for-manufacturing (DFM) analysis and the Xometry Instant Quoting Engine (IQE) for pricing and quality-related outputs.
Comparison of Siemens and Xometry's Capabilities
| Feature | Siemens | Xometry |
|---|---|---|
| Supply Chain Intelligence | Electronic components | Mechanical parts |
| Design-to-Source Information | Supplyframe | Xometry marketplace and Thomas network |
| Investment | $50 million minority investment in Xometry | - |
| Supplier Network | - | Over 5,000 active suppliers |
Benefits of the Partnership
The integration aims to allow Siemens customers to access design feasibility feedback, manufacturing options, pricing, and lead times within existing design and lifecycle workflows, without separate logins. As designs move toward production, the system provides additional visibility into sourcing and execution, supporting the entire design-to-production process.
Bottom Line
The partnership between Siemens and Xometry marks a significant step forward in integrating design, manufacturing, and sourcing data, enhancing the overall efficiency and effectiveness of the design-to-production process. With a minority investment of $50 million, Siemens demonstrates its commitment to broadening access to industrial technology and supporting companies of all sizes. The integration of Xometry's platform with Siemens' software aims to provide customers with a seamless design-to-production experience, streamlining the entire process and reducing lead times.