Which is better, SolidWorks or Siemens NX?
SolidWorks typically delivers better value for mid-market applications with lower total cost of ownership and faster user onboarding. However, NX justifies its premium pricing when product complexity demands its unique large assembly performance and advanced modeling capabilities. NX is a Computer Aided Drawing (CAD) software that is highly desired within the aerospace industry, including NASA, but acquiring the software and training on your own can be quite expensive.It’s easy to start your engineering journey. Simply visit the NX Student Edition page, sign up for an account, confirm your email and enjoy your free student download!NX typically offers better value for manufacturing-oriented workflows due to its integrated solution and smooth design-to-manufacturing transitions. CATIA is excellent for design-focused automotive styling applications.
Who is Siemens biggest competitor?
Siemens faces significant competition from various global corporations in the technology and industrial sectors. Major competitors include General Electric (GE), Schneider Electric, and Honeywell. These companies offer similar products and services, targeting overlapping markets. The largest competitor of Siemens in terms of revenue is General Electric (GE), which reported revenues of approximately $74. Siemens, by comparison, reported revenues of around $65 billion.
Why did Siemens fall so much?
ZURICH, Nov 13 (Reuters) – Siemens’ (SIEGn. DE) , opens new tab shares fell almost 6% on Thursday as a hike in its medium-term sales growth forecast failed to allay investors amid profit-taking and disappointment about next year’s profit outlook. Investing. Siemens AG (ETR:SIEGn) shares fell over 5% on Thursday after the German industrial conglomerate reported fourth-quarter results that met most industrial expectations but missed group-level earnings forecasts because of higher central and finance costs.