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Siemens targets SMBs with new cloud CAD offering

Gigi Onag by Gigi Onag
October 27, 2022
Photo: AdobeStocki

Photo: AdobeStocki

Siemens yesterday introduced a new cloud-native electrical design software as a service (SaaS) offering targeted at small and medium sized businesses.

The browser-based solution called Capital Electra X  enables designers and engineers to create electrical schematics easier and faster, using any device, for a low monthly cost. The solution is part of Siemens’s Xcelerator portfolio of software and services.

The new offering is based on pioneering technology from Malaysia’s Radica Software, whose acquisition Siemens has completed in July. More than 300 customers across 50 countries are currently using Radica Software cloud-native  electrical CAD.

With its new offering, Siemens hopes to alleviate the design challenge facing companies across multiple industries as many products are differentiated by increasingly sophisticated electrical content.

“Individual electrical engineers or small design teams often struggle with the higher cost-of-ownership and longer time-to-productivity of more complex enterprise-focused solutions,” said Frances Evans, senior vice president, Integrated Electrical Systems, Siemens Digital Industries Software. “A browser-based SaaS solution designed for ease of use, rapid adoption and with minimal training requirements, will enable them to create electrical schematics easier and faster, using any device, for a low monthly cost.”

The new Capital Electra X offering is now available in the market, with an option for a 30-day free trial.

According to Chad Jackson, CEO and chief analyst at Lifecycle Insights, companies of many sizes are building out electrical design competencies to support the development of smart, connected products.

“With Capital Electra X, Siemens supports small and medium-sized businesses’ efforts to incorporate electrical systems into their offerings with power and ease of access. More broadly, this acquisition bolsters the entire Capital suite, allowing Siemens to serve the right solution to those working on products of any complexity and in any stage of growth,” said Jackson.

Thomas Yip, CEO, Radica Software, said: “The combination of the Electra Cloud technology from Radica, bolstered by Siemens’ technology, development capacity and global reach, provides the opportunity to better serve the SMB electrical design market with the first fully cloud-native SaaS solution tailored towards individuals and small teams.”

Related:  WW IaaS public cloud service consolidation to favour big boys
Tags: CAD softwarecloudLifecycle Insightsproduct developmentRadica SoftwareSaaSSiemens
Gigi Onag

Gigi Onag

Gigi has more than 15 years of experience in technology journalism, covering various aspects of enterprise IT and telecommunications from both business and technology perspective. Before joining CXOCIETY as editor for FutureIoT in July 2019, she was assistant editor of ComputerWorld Hong Kong. Based in Hong Kong, she started with regional IT publications under CMP Asia (now Informa), including Asia Computer Weekly, Intelligent Enterprise Asia and Network Computing Asia and Teledotcom Asia. She had contributed articles to South China Morning Post, TechTarget and PC Market among others.

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