Siemens to Help Speed Digital Transformation Through Increased Adoption of Low-Code with Acquisition of TimeSeries

Siemens Digital Industries Software announced that it has signed an agreement to acquire TimeSeries, a leading Independent Software Vendor (ISV) and Mendix partner. TimeSeries has significant expertise in the development of vertical apps built on the Mendix low-code platform, which will help Siemens speed digital transformation by increasing adoption of low-code and offering new apps, including smart warehousing, predictive maintenance, energy management, remote inspections and more. The Mendix low-code platform is the cloud foundation for Siemens’ Xcelerator portfolio of integrated software and services.

TimeSeries will expand capabilities that can help enterprises and ISVs accelerate their digitalization efforts using the Mendix platform. Through bespoke industry apps and best practices, templates and re-useable components that leverage advanced technologies — including AI, intelligent process automation, multiexperience, state-of-the-art UI design, multi-cloud, and more — Siemens will be able to deliver better experiences to customers,

Since 2012, TimeSeries has been developing industry-specific applications for industries, including manufacturing, healthcare and life sciences, energy and banking and financial services. Their configurable app templates capture industry best practices and solve repeatable problems, and can be quickly and easily customized to the needs of individual enterprises. These apps, combined with Siemens’ industrial expertise and go-to-market reach, can enable customers across the full spectrum of industries to utilize the power of low-code and the Mendix platform even faster.

TimeSeries has offices in the United States, the Netherlands, Germany, and Canada.