Mercedes-Benz partners with CONTACT Software, Siemens on AI-powered product development
- Mercedes-Benz is partnering with CONTACT Software and Siemens on its PLM.AI product development platform, backed by investment of around EUR 500 million.
- CONTACT Software will provide the open core platform to integrate product data, processes and applications.
- Siemens will expand its existing partnership to support AI-enabled automotive design, simulation and digital validation.
- The initiative aims to cut vehicle development time by around 17 months, or up to 30%.
- Efficiency gains in individual engineering processes could reach 50%; physical testing could be halved over time.
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