sourcing, procurement, strategic

Why Siemens Bought a Supply Chain Company

Where does a supply chain firm fit into Siemens AG’s portfolio? Supplyframe, which Siemens acquired in May, will be integrated into Siemens’ Digital Industries unit and become part of its software-as-a-service (SaaS) offering. In its 18 years in business, Supplyframe has evolved from a components aggregator to a “design-to-source” intelligence (DSI) firm. Its DSI platform…

IBM Deepens Partnership With Chip Designers

IBM Corp. has announced that it will offer a new cloud service for companies looking to design chips for electronic products such as mobile phones, wearable devices and Internet of Things (IoT) systems. Dubbed the IBM High Performance Services for Electronic Design Automation, IBM executives said the company has partnered with SiCAD, Inc., a silicon…