Under the motto "Let's advance Manufacturing", Siemens will demonstrate how a well-established ecosystem of partners as well as digitalization and automation are helping to make additive manufacturing an enabler for innovation in industrial applications and industries. For this purpose, the company hosts numerous partners at its own booth. Find out first-hand how Siemens is working with these partners along the entire value chain to navigate industrial applications and industries towards successful industrialization and visit us at Formnext in Hall 12.1 | D101 in Frankfurt.
With the launch of ERTMS on the Gjøvik Line North on November 16,
Siemens Mobility and Bane NOR are setting a new standard for railway operations
in Europe. This marks the first time a line in Norway operates with newest
ERTMS technology, establishing a frontrunner for European rail
innovation.
- Decarbonization program with UAE’s Ministry of
Energy and Infrastructure will see 60 buildings retrofitted with technology for
energy efficiency
- Program targets 27% energy and water consumption
reduction compared to baseline
- Energy saving goal equivalent
to 15,400 metric tons of CO2 reduction
- Siemens has already successfully implemented retrofits to
seven Ministry buildings, resulting in 20% energy and water savings
Siemens
Smart Infrastructure has signed a contract with the Ministry of Energy and Infrastructure in
the United Arab Emirates (UAE) for a decarbonization program which
will see 60 government buildings retrofitted with technology focused on energy
efficiency and user comfort.
- Siemens Xcelerator enables the scaling of additive manufacturing solutions: achieving goals faster and more successfully with partners
- Additive manufacturing with Siemens technology accelerates the path to a circular economy
- AM I Navigator: Initiative expands to include Stratasys
Under
the motto “Let’s advance Manufacturing,” Siemens and selected partners will
demonstrate at Formnext 2024 how additive manufacturing (AM) is becoming an
innovation enabler for industrial applications thanks to a functioning
ecosystem, digitalization, and automation. Additive manufacturing has become an
established production technology in which productivity, costs, quality, and
availability are critical to long-term market viability. The Siemens Xcelerator
strategy emphasizes the importance of innovation and technology partnerships as
well as open, interoperable technologies. They are essential when it comes to facilitating
the integration of AM into conventional manufacturing technologies, meeting standardized
quality and safety requirements, and accelerating the scaling of AM solutions. As
a result, Siemens brings additive manufacturing offerings from additional
partners in the Siemens Xcelerator Marketplace.
- Siemens’
Gridscale X software platform to be implemented at Enemalta, the leading energy
services provider in Malta
- This
marks a major step in Enemalta’s digital transformation journey, shifting from
reactive maintenance to predictive management
- Gridscale
X supports to manage outages, identify grid congestions and optimize operations
with data-driven insights
Siemens and Enemalta will join forces to digitally transform
its grid infrastructure with Siemens’ Gridscale X software platform. Levering
the software’s low-voltage management capabilities, Enemalta aims to enhance
its service, by reducing outage times for more than 450,000 people and enabling
more efficient network management to reduce grid congestion and capacity
constraints.
We released our fourth-quarter results and the preliminary figures for fiscal 2024 on November 14, 2024 at 07:00 am CET. The press conference and the analyst call were broadcast live starting at 08:00 am CET.
- Comparable orders declined 4 percent in fiscal 2024 to €84.1 billion (fiscal 2023: €89.4 billion)
- Comparable revenue grew 3 percent in fiscal 2024 to €75.9 billion (fiscal 2023: €74.9 billion)
- Profit Industrial Business increased slightly to €11.4 billion (fiscal 2023: €11.3 billion); at 15.5 percent, profit margin Industrial Business was at the very strong level of fiscal 2023
- Strong free cash flow of €9.5 billion at Group level (fiscal 2023: €10.0 billion)
- Net income at historic high of €9.0 billion (fiscal 2023: €8.5 billion)
- Increased dividend of €5.20 per share proposed (fiscal 2023: €4.70)
- “ONE Tech Company” program launched to drive the next level of performance and value creation
- Outlook for fiscal 2025: Siemens expects comparable revenue growth in the range of 3 percent to 7 percent and basic earnings per share before purchase price allocation accounting of €10.40 to €11.00, excluding the gain from the sale of Innomotics
In fiscal
2024 (ended September 30, 2024), Siemens successfully continued its profitable
growth trajectory, made important strategic progress and achieved record highs as
a leading technology company.
- Announcement of contract extension
for Matthias Rebellius (59), Member of the Managing Board of Siemens AG and CEO
Smart Infrastructure, until September 2026
- Rebellius to continue to lead
successful Smart Infrastructure business and support Siemens’ transformation
The Supervisory Board of Siemens AG today confirmed a
contract extension for Matthias Rebellius from September 2025 for a one-year
period, by mutual agreement. The extension provides Rebellius time to continue
to build the performance trajectory of the Smart Infrastructure business while
contributing to the transformation of Siemens.
- Siemens Industrial Copilot accelerates engineering and shopfloor operations
- thyssenkrupp Automation Engineering to use Industrial Copilot globally
- Future Industrial Copilot features include multimodality, agents, on-premises approach
The Siemens Industrial
Copilot is the first generative AI-powered assistant for engineering in an industrial
environment. Today, Siemens announced major new functionalities for the Industrial
Copilot and added thyssenkrupp Automation Engineering as global customer.