16. Oct 2026
Description
(AWP Alliance News) - Mercedes-Benz is partnering with CONTACT Software and Siemens to develop its AI-powered PLM.AI product lifecycle management system. The initiative involves an investment of around EUR 500 million to connect product development with other business functions.
It aims to cut vehicle development time by around 17 months, or up to 30%, with efficiency gains of up to 50% in individual engineering processes. CONTACT Software will provide the core platform, while Siemens will support design, simulation and digital validation.
Mercedes-Benz will lead implementation and retain full ownership and control of its data and AI models.
https://www.publicnow.com/view/2B10601D78A5937AAA2E4AAA410BF904DF89CACA…
Disclaimer: This news brief was created using generative artificial intelligence. Mercedes-Benz Group AG published the original content used to generate this news brief on October 16, 2026, and is solely responsible for the information contained therein.