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Press Event15 December 2017,
updated18 December 2017Siemens AGMunich
Siemens Innovation Day 2017 – Unlock the potential with digitalization
Munich, 15 December 2017
Press and Analyst Event
Siemens further expands its leadership role in industrial digitalization
Siemens is the first company worldwide to set up 20 centers for digital customer applications in the industrial sector. Each of these MindSphere Application Centers for digital offerings from Siemens spans multiple locations in different countries and specializes in a particular industry in which Siemens is active. During fiscal 2017, Siemens further extended its lead in software solutions and digital services. Revenue from digital technologies, for instance, rose to €5.2 billion – of which €4 billion was attributable to software and €1.2 billion to digital services. This corresponds to a 20-percent increase year-over-year and means that Siemens clearly outpaced market growth of about eight percent. To further accelerate the innovation process, Siemens will again increase its research and development (R&D) expenditures in fiscal 2018 and invest an additional sum of around €450 million. As a result, R&D spending will increase from about €5.2 billion in fiscal 2017 to over €5.6 billion in fiscal 2018. More than €3 billion of the company’s R&D outlays flowed into Germany in fiscal 2017. Since 2014, Siemens’ R&D investments have risen by about 40 percent.
Further Information
Stories – Unlocking the potential of digitalization
Presentations
- Presentation Joe Kaeser: Digitalization as a growth driver
- Presentation Roland Busch: Innovation at speed and scale
- Presentation Jan Mrosik: Unleashing the power of digitalization in the manufacturing industry
- Presentation Matthias Rebellius: Creating perfect places with the power of data
- Presentation Ralf Christian: Connecting an all-electric world
- Presentation Michael Peter & Gerhard Kreß: Bridging the legacy gap for 100% availabilit
#InnoDay on Twitter
Factsheets
Innovation Day
Digital Factory
Building Technologies
Connecting an all-electric world
- To process large volumes of data
- For a digital twin of the grid
- EnergyIP unlocks value of smart meter data
- Managing distributed energy
Bridging the legacy gap for 100% availability
Lab Sessions
Event Pictures: Siemens Innovation Day 2017
Siemens honors the 14 "Inventors of the Year" 2017
Siemens honors 13 of its own researchers and an external scientist as "Inventors of the Year 2017." The scientists from Germany, Austria, the United States and Denmark have registered a total of 1,297 inventions. Many of these ideas, namely 920, have been granted individual patents. Three teams are among this year's winners, a fact that demonstrates that innovation is usually a joint effort today. "Siemens invested EUR 5.6 billion in research and development during this fiscal year, the largest amount of money it has ever spent in this area. This money is well invested, too. It flows directly into our fields of innovation and secures the future of our businesses. We are proud of our Inventors of the Year: They perfectly reflect the tradition established by an entrepreneur and inventor like Werner von Siemens," CEO Joe Kaeser says. The award Inventor of the Year has been presented since 1995. This year's categories are "Talent," "Outstanding Invention, "Open Innovation" and "Lifetime Achievement."
Press Pictures of the Inventors 2017
Videos
Further Information
Portraits
- Volkmar Sterzing and Steffen Udluft: Machine learning
- Florian Bühs: Breaking up with the diesel
- Arquimedes Canedo: Artifical intelligence for the quintessential twin
- Friederich Kupzog and Andreas Lugmaier: Algorithms for smart grids
- Michaela Schmidt, Michael Zenge, Mariappan Nadar and Edgar Mueller: Formula for ultra-fast scanning
- Thorkil Munk-Hansen: Still much to invent in wind power
- Bernd Burbaum: Huge potential for innovation
- Markus Vester: Exciting pioneering days
- Benjamin Lutz: Improving control systems for process facilities