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Siemens Acquires TimeSeries to Adopt Low-Code Platform

Siemens Digital Industries Software has acquired TimeSeries, a leading Independent Software Vendor (ISV) and Mendix partner.

Siemens TimeSeries has significant expertise in the development of vertical apps built on the Mendix low-code platform, which will help Siemens accelerate digital transformation by increasing adoption of low-code and offering new apps including smart warehousing, predictive maintenance, energy management, remote inspections and more.

“The addition of TimeSeries to Siemens will help our customers and partners get to value with low-code even faster,” said Derek Roos, CEO & co-founder, Mendix. “We’re equipping enterprises with cutting-edge digital capabilities to help them elevate how they conduct business and deliver rich, engaging experiences. The TimeSeries team brings deep expertise in developing SaaS solutions for a range of verticals, and I’m excited to welcome them to Siemens.”

“Since we acquired Mendix in 2018, we have continued to see how this powerful low-code platform is a game-changer for companies across every industry,” said Tony Hemmelgarn, President and CEO, Siemens Digital Industries Software. “The addition of TimeSeries to Siemens will enable us to significantly expand the development of new apps, increase adoption of our low code platform and grow the Xcelerator ecosystem.”

“From the start, TimeSeries has been focused on solving our customers’ challenges by bringing together the best people and latest technologies and pushing that to the limit. Now, as part of Siemens, we’re excited to bring the power of pre-built and customizable low-code solutions to more industries,” said Erik Gouka, CEO, TimeSeries. “Joining Siemens Digital Industries Software will unlock huge new opportunities for us, and we’re looking forward to helping even more companies digitally transform.”

The industry-leading 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 everywhere accelerate their digitalization efforts using the Mendix platform.

Through bespoke industry apps and best practices, templates and re-usable components that leverage advanced technologies — including AI, intelligent process automation, multi-experience, state-of-the-art UI design, multi-cloud, and more — Siemens will be able to deliver better experiences to customers, employees, and suppliers.

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Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing.Creativity is the one thing in her opinion which drove her to enter into editing field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

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