'CPG and F&B companies face the complex challenge of delivering innovative products to market at an attractive price while balancing brand identity, social responsibility, product performance, and total cost,' said Dan Staresinic, senior director, consumer products, retail and life sciences, Siemens PLM Software. CPG and F&B companies can realize higher efficiencies in four key areas of the idea-to-shelf innovation process including packaging and artwork, global specifications, brand management, and initiative management. The Teamcenter 8 release focuses on individual, application and IT productivity, with a wide variety of enhancements throughout the entire portfolio. Plano, TX - Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, recently announced that the latest release of its Teamcenter software, the company's flagship digital lifecycle management portfolio, includes new functionality designed to increase productivity in the consumer packaged goods (CPG) and food and beverage (F&B) industry.