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next47: Siemens founds separate unit for startups
Effective October 1, 2016, Siemens will set up a separate unit to foster disruptive ideas more vigorously and to accelerate the development of new technologies. The unit's name, "next47," plays on the fact that Siemens was founded in 1847. At next47, the company will pool its existing startup activities. The new unit will have funding of €1 billion for the first five years. Siegfried Russwurm, Siemens Chief Technology Officer, will head the new unit on an acting basis. The new unit will be given the necessary independence but can nevertheless leverage the advantages offered by Siemens. It will have offices in Berkeley, Shanghai and Munich and cover all regions of the world from those locations. next47 will build on Siemens' existing startup activities. The new unit will be open to employees as well as to founders, external startups and established companies if they want to pursue business ideas in the company's strategic innovation fields.

Event Pictures

next47: Siemens founds separate unit for startups

At next47, Siemens will pool its existing startup activities. Siegfried Russwurm, Member of the Managing Board and Chief Technology Officer of Siemens AG, presented the new business unit during a press conference at the new Siemens headquarters.

next47: Siemens founds separate unit for startups

With next47, Siemens is living up to the company founder's ideals and creates an important basis for fostering innovation at Siemens.

next47: Siemens founds separate unit for startups

At next47, Siemens will pool its existing startup activities

next47: Siemens founds separate unit for startups

At next47, Siemens will pool its existing startup activities. "next47 will provide the freedom to experiment and grow – without the organizational restrictions of a large company.", said Siegfried Russwurm, Member of the Managing Board and Chief Technology Officer of Siemens AG.

Innovations

Werner von Siemens Workshop

Werner von Siemens Workshop

Siemens as a start-up: for its new headquarters in Munich, Siemens commissioned construction of a replica of the company founder's historic workshop of 1847. The first manufacturing shop was tucked-away in a rear building at Schöneberger Strasse 19 in what is now the Friedrichshain district of Berlin, Germany. In this 150-square-meter workshop, 10 craftspeople manufactured the first pointer telegraphs. On three workbenches, these devices were built out of tinplate, copper wire, wooden boxes and other materials. The Werner von Siemens Workshop is set up so that it can be viewed by the public like a shop-window display.

Werner von Siemens Workshop

Siemens as a start-up: for its new headquarters in Munich, Siemens commissioned construction of a replica of the company founder's historic workshop of 1847. The first manufacturing shop was tucked-away in a rear building at Schöneberger Strasse 19 in what is now the Friedrichshain district of Berlin, Germany. In this 150-square-meter workshop, 10 craftspeople manufactured the first pointer telegraphs. On three workbenches, these devices were built out of tinplate, copper wire, wooden boxes and other materials. The Werner von Siemens Workshop is set up so that it can be viewed by the public like a shop-window display.

Werner von Siemens Workshop

Siemens as a start-up: for its new headquarters in Munich, Siemens commissioned construction of a replica of the company founder's historic workshop of 1847. The first manufacturing shop was tucked-away in a rear building at Schöneberger Strasse 19 in what is now the Friedrichshain district of Berlin, Germany. In this 150-square-meter workshop, 10 craftspeople manufactured the first pointer telegraphs. On three workbenches, these devices were built out of tinplate, copper wire, wooden boxes and other materials. The Werner von Siemens Workshop is set up so that it can be viewed by the public like a shop-window display.

Werner von Siemens Workshop

Siemens as a start-up: for its new headquarters in Munich, Siemens commissioned construction of a replica of the company founder's historic workshop of 1847. The first manufacturing shop was tucked-away in a rear building at Schöneberger Strasse 19 in what is now the Friedrichshain district of Berlin, Germany. In this 150-square-meter workshop, 10 craftspeople manufactured the first pointer telegraphs. On three workbenches, these devices were built out of tinplate, copper wire, wooden boxes and other materials. The Werner von Siemens Workshop is set up so that it can be viewed by the public like a shop-window display.

Werner von Siemens Workshop

Siemens as a start-up: for its new headquarters in Munich, Siemens commissioned construction of a replica of the company founder's historic workshop of 1847. The first manufacturing shop was tucked-away in a rear building at Schöneberger Strasse 19 in what is now the Friedrichshain district of Berlin, Germany. In this 150-square-meter workshop, 10 craftspeople manufactured the first pointer telegraphs. On three workbenches, these devices were built out of tinplate, copper wire, wooden boxes and other materials. The Werner von Siemens Workshop is set up so that it can be viewed by the public like a shop-window display.

Werner von Siemens Workshop

Siemens as a start-up: for its new headquarters in Munich, Siemens commissioned construction of a replica of the company founder's historic workshop of 1847. The first manufacturing shop was tucked-away in a rear building at Schöneberger Strasse 19 in what is now the Friedrichshain district of Berlin, Germany. In this 150-square-meter workshop, 10 craftspeople manufactured the first pointer telegraphs. On three workbenches, these devices were built out of tinplate, copper wire, wooden boxes and other materials. The Werner von Siemens Workshop is set up so that it can be viewed by the public like a shop-window display.

Werner von Siemens Workshop

Siemens as a start-up: for its new headquarters in Munich, Siemens commissioned construction of a replica of the company founder's historic workshop of 1847. The first manufacturing shop was tucked-away in a rear building at Schöneberger Strasse 19 in what is now the Friedrichshain district of Berlin, Germany. In this 150-square-meter workshop, 10 craftspeople manufactured the first pointer telegraphs. On three workbenches, these devices were built out of tinplate, copper wire, wooden boxes and other materials. The Werner von Siemens Workshop is set up so that it can be viewed by the public like a shop-window display.

Werner von Siemens Workshop

Siemens as a start-up: for its new headquarters in Munich, Siemens commissioned construction of a replica of the company founder's historic workshop of 1847. The first manufacturing shop was tucked-away in a rear building at Schöneberger Strasse 19 in what is now the Friedrichshain district of Berlin, Germany. In this 150-square-meter workshop, 10 craftspeople manufactured the first pointer telegraphs. On three workbenches, these devices were built out of tinplate, copper wire, wooden boxes and other materials. The Werner von Siemens Workshop is set up so that it can be viewed by the public like a shop-window display.

Werner von Siemens Workshop

Siemens as a start-up: for its new headquarters in Munich, Siemens commissioned construction of a replica of the company founder's historic workshop of 1847. The first manufacturing shop was tucked-away in a rear building at Schöneberger Strasse 19 in what is now the Friedrichshain district of Berlin, Germany. In this 150-square-meter workshop, 10 craftspeople manufactured the first pointer telegraphs. On three workbenches, these devices were built out of tinplate, copper wire, wooden boxes and other materials. The Werner von Siemens Workshop is set up so that it can be viewed by the public like a shop-window display.

Further Information

Lak Ananth

Head of next47

Contact

Florian Martini

Siemens AG

+49 (89) 636-33446

Link to this page
www.siemens.com/press/next47