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IC design in digital transformation

The growing role of IC design innovation in digital transformation

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The integrated circuit is the heart of many generations of modern electronics innovations and the current push for digitalization. Every two years, in step with Moore’s Law (devised by Intel co-founder Gordon Moore in 1965), the many companies involved in the design, development and manufacturing of ICs work together (though competitively) to deliver a new silicon process technology, which engineering teams can leverage to deliver new ICs with greater hardware functionality and faster performance to power newer and better electronic innovations.

Integrated Circuits Core to Digitalization

The importance of ICs will only grow as the volume of data created worldwide skyrockets. Global data volume is expected to grow from 897 exabytes in 2020 to 392,540 exabytes by 2030, due in large part to more businesses becoming digitalized and thus consuming and generating more data. Tech industry analysts point to dramatic demand growth in the sensor and actuator market used for collecting data, a 10 percent CAGR for connected devices consuming and producing data, and continued growth in demand for the various devices used to more efficiently store this ever-growing amount of data (Figure 4) as key indicators that growth in data, supercharged by growth in digitalization, translates to dramatic growth for semiconductors.

A Digital Transformation Partner

To embark upon a digital transformation and then continue to grow throughout that transformation to deliver generations of innovation to market requires partnering with reliable suppliers who not only offer leading solutions for today, but also are committed to formulating new ways to make companies more successful. Siemens is that supplier. It can help companies realize their digital transformation by offering not only the industry’s most complete digitally integrated, next-generation systems design platform but also one that works seamlessly with manufacturing, PLM and enterprise flows.

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