Plant Maturity Assessment
Factory Maturity Assessment to increase your operational performance
Enroll in a comprehensive factory maturity assessment by filling out our form. This assessment covers key areas such as manufacturing execution & process automation, supply chain, people & culture, and cybersecurity & operations. Gain transparency on your digitalization potentials and receive a tailored roadmap to enhance your performance.
Start your journey towards operational excellence today!
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Cyber Resilience Act | Whitepaper
Cyber Resilience Act
Strengthen Your Cyber Defenses with the Cyber Resilience Act
At Siemens Advanta, we are dedicated to empowering your organization to navigate the complexities of the Cyber Resilience Act (CRA) with confidence. Our expertise in integrating cybersecurity measures ensures that you are well-equipped to protect your digital landscape.
Integrating risk management with advanced cybersecurity measures
The Cyber Resilience Act is a groundbreaking initiative that underscores the importance of cybersecurity and compliance in today’s interconnected world. It closely aligns with established frameworks such as GDPR and NIS2, providing a robust structure for digital product protection.
Our whitepaper provides a deep dive into the essential components of the CRA, highlighting the importance of integrating risk management and risk handling practices within your organization. As compliance becomes a top priority, learn how our specialized risk management services can protect your digital assets.
At Siemens Advanta, we focus on enhancing your cybersecurity and data protection efforts by guiding you towards compliance with the Cyber Resilience Act. By implementing effective risk management and network security measures, we ensure that your products and practices meet the new standards while strengthening your overall cyber resilience strategy. Embrace this opportunity to protect against threats and vulnerabilities and secure your future with our expert risk management services.
For more information, read our whitepaper on the Cyber Resilience Act.
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Cyber Resilience Act
Cyber Resilience Act
Product Cybersecurity Revolution – “Security by Design”
Siemens Advanta helps its clients comply with the Cyber Resilience Act by integrating Secure-by-Design principle into product development.
Siemens Advanta makes sure clients are successful in acquiring “CE Marking” and comply with the Cyber Resilience Act by integrating Secure-by-Design principles, tailoring security measures based on product criticality, and conducting risk assessments at every development stage. Siemens Advanta's proactive approach strengthens compliance and boosts its client's customer trust and market competitiveness with its secure and reliable products.
- Cyber risk assessment to identify critical risk areas and provide mitigation action items
- Product Security Program setup with appropriate levels of governance and risk-based security controls
- Proposal for post market surveillance process and team
- Provision of an outside view and cornerstone for optimization of building a secure product
- Proven approaches to develop and implement Product Security, ensuring cross-border transparency and compliance – with up to 30% less time and effort
- Reusable blueprints and trainings for further scaling within an organization
- Identify critical products containing digital elements
- Identify key stakeholders from senior management, business representatives, IT organization, manufacturing operations, and human resources
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Mergers & Acquisitions (services)
Mergers and Acquisitions
M&A can transform your business, but it requires expertise throughout the process, starting in the pre-deal phase, continuing in the transaction phase, and through post-merger integration (PMI). M&A activities are often driven by a desire to increase market share, expand product lines, or gain access to new markets. Successful M&A transactions require careful planning, due diligence, and effective execution to achieve desired outcomes and create value for stakeholders - something we have proven time and again at Siemens Advanta.
- Identify the appropriate M&A prospect
- Evaluate the advantages and disadvantages of a possible acquisition
- Develop the integration plan, discover potential synergies, and guarantee preparedness from Day 1
- Achieve faster growth
- Facilitate the transfer of technology
- Accomplish diversification
- Attain positive synergy
- Increase market power
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Compliance with EU Data Act
Compliance with EU Data Act
EU Data Act: Prepare for New Regulations
To foster the data economy in the European Union, EU legislators are currently reshaping business ground with new laws that shall enable fair and simple access to and use of data. The latest legislation: the EU Data Act, will become effective in September 2025.
With this deadline on the horizon, manufacturers of connected devices and others are required to act now. The timeline is tight, the obligations and requirements are ambiguous and fundamental business questions need to be clarified.
What is EU Data Act?
One important aspect of the EU Data Act is to grant users of connected products the right to access the generated machine data. In addition, the Data Act allows users to grant access to that data to third parties, which may be, for instance, independent service providers, AI startups and potentially also competitors.
Users and third parties may use the data for their own purposes, including providing third party service (as an alternative to manufacturer provided services) or analytics offers.
Manufacturers that fail to provide data access risk facing substantial financial penalties. The penalties shall be effective, proportionate and dissuasive and may have retroactive effect; if personal data is concerned, fines shall be according to the GDPR, which means the higher of EUR 20 million or 4% of the annual global revenue.
What is required and when?
Beside other obligations, manufacturers of connected products need to fulfill three key obligations by two deadlines.
- Information obligation
Starting from September 2025, manufacturers of connected products are required to inform users at point of sales about the data that the connected product generates during usage.
- Data sharing obligation
Starting from September 2025, the data holder (usually the manufacturer, if it chooses to collect the machine data) is required to share available data with the user of the connected product as well as with third parties authorized by the user.
- Design obligation
One year later, starting from September 2026, manufacturers must design new products in a way that the data is directly accessible to the user.
What do these obligations imply? Companies that sell connected products need to react now and start designing and implementing response strategies for sharing the relevant data. Yet, as is often the case, the details are where the real challenges lie.
Who does the law apply to?
The above-mentioned obligations under the EU Data Act apply to all manufacturers of connected products that make their products available in the EU, irrespective of their industry and place of establishment.
The right to access data is restricted to users within the EU. Third parties that were granted access by users must have a legal representation in the EU to be eligible for data access.
How can you become compliant?
The path to compliance is individual for each company, yet there are four key tips, from our experience, to make the journey a smoother one.
- Setting up a cross-functional team
Due to the complexity of this topic, different functions and experts from within the clients’ organization and from external need to be mobilized, including legal, government affairs, R&D, product management and IT. It is advised to involve all experts and concerned business units from day 1 to form a joint response strategy moving forward.
- 80/20 and risk-based approach
The Data Act applies not only to new products, but also to the existing installed base in many cases. Companies with a large variety of product families need to carefully plan their approach to balance the need of being compliant and the effort to implement.
- Close collaboration between legal and technology experts
Companies usually need to develop a new technical solution to fulfill the obligations under the Data Act. It is neither a pure technical nor an entire legal decision. Technical feasibility/effort and legal compliance risks need to be evaluated jointly to come up with an optimal solution. In addition, sales and customer service teams need to be involved as well to ensure a smooth customer experience.
- Treat this as a business opportunity rather than a pure compliance burden
Despite being a compliance topic from the first glance, the EU Data Act also provides vast opportunities for companies to capture. Creating new revenue streams of providing data, offering third party maintenance services for other companies’ products, or conducting AI analytics on competitors’ machine data, the opportunities seem endless.
How can Siemens Advanta help?
With our footprint in various industries and specifically our experience with the EU Data Act, we can support our clients on their way to become compliant with the obligations. Our project management services span from hands-on project management office support for urgent content issues, to developing comprehensive data strategies designed to meet future digital challenges. Siemens Advanta tailors its offerings and strategies to align with the unique needs and stages of development in areas, e.g. system architecture and data literacy, ensuring that our services are well-suited to each client's specific circumstances and objectives.
If you want to learn more about our offerings regarding the EU Data Act, please download the detailed presentation on the topic here:
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Disclaimer
The information provided herein is for general informational and promotional purposes only and may not be accurate, complete or up to date. The information does not constitute any regulatory, legal, financial, technical or other professional advice.
No responsibility or liability will be accepted for any errors, omissions or inaccuracies in the content. Siemens Advanta disclaims, to the fullest extent permitted by applicable law, any and all liability or responsibility for the accuracy and completeness of the information contained herein and for any acts or omissions made based on such information. Siemens Advanta does not provide any legal, regulatory, audit, or tax advice; readers are responsible for obtaining such advice from their own legal counsel or other licensed professionals.
Spend Analytics
Spend Analytics
Vendigital as part of the Siemens Advanta organization, drives accelerated cost transformation through data.
We consolidate and transform low integrity data from disparate ERP/MRP systems into valuable business intelligence which helps drive rapid cost, cash and efficiency improvement across your organization. This is delivered through our secure, cloud-based portal environment.
Designed by purchasing professionals for purchasing professionals, Spend Analytics provides instant access to valuable business intelligence, drives efficiencies, and accelerates business performance. It offers a powerful, highly intuitive means of placing spend information at the client’s fingertips, through a user-friendly, customizable interface. Delivered as a managed service through our secure portal environment, Spend Analytics enriches the outputs of traditional ERP and MRP systems and provides instant answers to those procurement questions you just haven’t be able to reach.
- Smart data processing technology combined with human intelligence providing data integrity you can rely on.
- Unparalleled insights within complex supply chains, allowing you to drill down to the cause in seconds.
- Empower your teams with the tools that allow them to make better decisions, faster.
- Macro-to-micro drill down by site, supplier, category and many more.
- Transaction-level direct & indirect material analysis and deep insights.
- Visualisation of key strategic and operational procurement metrics that allow you to take action in confidence.
- Eliminate the need for ongoing data manipulation freeing up time your teams to take action.
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Supplier Analytics
Supplier Analytics
Vendigital as part of the Siemens Advanta organization, drives accelerated cost and supply chain performance transformation through data.
We consolidate and transform low integrity data from disparate ERP/MRP systems into valuable business intelligence allowing you to better collaborate with your supply chain in order to drive sustained cost, quality and delivery performance improvement, all delivered through our secure, cloud-based portal environment.
Our Supplier Analytics application enables our clients to quickly analyze and track quality, cost and delivery (QCD) performance across the organization, as well as invite suppliers to assess and challenge their performance allowing both parties to work collaboratively to drive improvement based on a single source of truth.
- Measure and analyze QCD performance across the organization based on a common standard so as to ensure like-for-like comparison.
- Issue scorecards to suppliers and allow them to challenge in order to improve data integrity and collaboration to drive performance improvement.
- Macro – micro analysis to quick establish root cause.
- Reason code analysis to understand common themes driving poor performance.
- Track supplier engagement to facilitate targeted communication.
- Analyze and track QCD performance across the business.
- Macro-to-micro analysis allowing you to get to the root cause.
- Facilitates boardroom engagement and input to the strategic direction.
- Enable fact-based conversations with suppliers on areas for improvement.
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Teamcenter on Azure Assessment Workshop
Teamcenter on Azure Assessment Workshop
Azure offers a plethora of services and features that can supercharge your PLM (Product Lifecycle Management) capabilities. Siemens Advanta´s goal is to facilitate a seamless transition to Azure, Microsoft's cloud computing platform, by identifying the key benefits, assessing potential risks, addressing gaps, and outlining pragmatic approaches for the migration process.
- Scalability: Adapt your resource usage based on current needs without the constraints of physical infrastructure.
- Security and Compliance: Benefit from Azure's robust security features and compliance with industry standards.
- Global Reach: Leverage Microsoft's expansive global network to deploy and manage your applications anywhere.
- Integration: Enjoy seamless integration with a wide range of tools and services available in the Azure ecosystem.
- Innovation: Stay ahead of the curve by utilizing cutting-edge technologies like AI, ML, and IoT to add smart capabilities to your PLM processes
- TeamCenter Audit: Reviewing current systems, processes, and architecture.
- Cloud Readiness Evaluation: Analyzing the suitability and readiness of your current TeamCenter deployment for Azure.
- Cost-Benefit Analysis: Foreseeing financial advantages and implications of the cloud move.
- Security & Compliance Workshop: Navigating data protection, privacy laws, and regulatory requirements.
- Migration Planning Session: Drafting a step-by-step migration plan.
- Identify Benefits: Understand how Azure can enhance specific aspects of your TeamCenter environment.
- Risk Assessment: Address potential security, data sovereignty, and compliance concerns during the transition.
- Gap Analysis: Pinpoint technical and procedural gaps in your current setup that could impact cloud migration.
- Strategize Approaches: Develop a tailored migration strategy, considering aspects like cost-efficiency, minimal downtime, and future scalability.
- Roadmap Creation: Outline a phased plan for migrating and optimizing your TeamCenter environment within Azure
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Procurement
Procurement
Data-driven optimization of procurement strategies and functions to accelerate cost transformation and deliver on-going cost savings.
With over 50% of many companies’ outgoings allocated to procurement, optimizing this area of the business is critical to controlling the cost base in any industry. From helping our clients understand the whole life cycle cost of an item or service to generating greater value from the supplier base, we support businesses to improve their procurement processes.
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Cost of ownership – we provide an understanding of a product's whole lifecycle cost, revealing hidden expenses within different stages to support informed decision-making on future procurement.
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Strategic sourcing – we enable clients to make informed decisions when engaging suppliers by evaluating all of the factors that contribute to suppliers’ delivery, such as their true pricing, workflows and supply locations.
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Process and capability improvement – analyzing how a company carries out its activity and what resources and expertise are available to support it, with the objective of determining where productivity, efficiency and quality of output can be improved.
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Demand management – a forecasting process which establishes a critical link between the marketplace and a company’s activity with the aim of ensuring demand is met via the most cost-effective and profitable approach.
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Category management – involves segmenting spend into different areas which enables opportunities for consolidation and focus. This takes procurement beyond the purchase of individual goods to create a longer-term strategy.
- 3rd party cost reduction – we combine data analysis with our expert knowledge of procurement to create clear spend benchmarks across suppliers, locations and categories. From this we can rapidly identify 3rd party savings opportunities.
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Understanding the whole lifecycle cost – the true cost of an item or service involves more than its price at purchase. Using data-driven insights, we can uncover these costs to formulate a value-focused future strategy.
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Greater value from the supply base – we identify and select suppliers, aligned to business objectives, that will provide the highest value at the lowest possible cost while building long-term relationships with each supplier.
- Delivery of sustainable cost reduction – by carrying out an in-depth analysis of a company’s procurement processes and implementing data-driven strategies, we deliver cost reductions that can be maintained over the long-term.
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IT/OT Cybersecurity
IT/OT Cybersecurity
Increasing cybersecurity maturity across OT & IT
Siemens Advanta supports its clients with end-to-end cybersecurity solutions that bridge the gap between security trends and emerging technologies.
Siemens Advanta supports its clients in increasing their cybersecurity capabilities by helping them identify gaps through industry-standard-based assessments, setting a multi-year target for the future, and operationalizing that roadmap into targeted solution workstreams.
Siemens Advanta helps its clients build and define governance-driven cybersecurity organizations lead through a program and transformation management office to drive all relevant areas of OT cybersecurity.
- Evaluate current OT cybersecurity posture on the program or site level using industry standards
- Developing a strategic multi-year security roadmap to increase maturity and reduce cybersecurity risks
- Building the requisite governance structures to define security intents and requirements
- Building transformation programs with actionable outcomes for an improved cybersecurity posture
- Reduction in risks associated with cybersecurity
- Increased cybersecurity maturity against industry frameworks
- Programmatic and proven approach to jointly develop and implement with OT and IT teams
- End-to-end capabilities of Siemens including from consulting assessments to solution implementation, as well as hardware, software, and services tailored to improve OT cybersecurity
- Culture of risk mitigation and proactive solution development
- Collaborative nature between IT and OT teams
- Understanding of the difference in viewpoints between IT and OT security
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