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Siemens announces a new program that aims to support startups

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Credit: Siemens

Technology company Siemens is well aware that money is pivotal to scaling faster as a startup. For this reason,  it launches “Siemens for Startups”, a new program designed for early-stage engineering and manufacturing startups that would like to benefit from venture-related services.

The program will also enable these companies to benefit from the tech giant’s software and access at reduced costs.

“Startups are essential to making our customers more competitive, sustainable and resilient. By collaborating with startups, Siemens helps bring breakthrough ideas to industries faster, empowering customers to address global challenges more effectively with cutting-edge technologies, tools and solutions,” said Peter Koerte, Member of the Managing Board of Siemens AG, Chief Technology Officer and Chief Strategy Officer.

Based on three pillars – connect, collaborate and empower -, Siemens will link the “Siemens for Startups” program with AWS’s Startup program; this way startups could scale up even faster.

“Collaborating with Siemens allows us to extend the capabilities of our AWS Startup program to a new generation of innovators in the engineering and manufacturing space,” said Jon Jones, Vice President and Global Head Startups at AWS. “By providing startups with advanced software, generative AI and cloud services, AWS and Siemens are enabling them to bring their ideas to life more quickly and boost entire industries with cutting-edge solutions.“

Integrating Siemens’ comprehensive suite of industrial software – including design, simulation and manufacturing solutions from the Siemens Xcelerator portfolio – into AWS’s scalable cloud infrastructure and startup program will enable startups to access the tools and resources they need to seize market opportunities, a press release reads.

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