Distributed energy systems and digitalization are two trends that reinforce one another and are driving the transformation of the energy world. Siemens is supporting these trends in a variety of ways, including with MindSphere, its cloud-based, open, and scalable operating system for the Internet of Things (IoT). At this year's European Utility Week (EUW), which took place in Amsterdam from October 3 to 5, Siemens presented some of its highlights for this topic. As in past years, Siemens once again invited German and international energy media to a press conference at the trade show. The conference focused on the EnergyIP smart grid application platform whose applications recently began running under MindSphere as well as a new MindSphere application developed by Omnetric, a joint venture of Siemens and Accenture, for an Austrian energy provider.
At the conference, Siemens informed industry media about how MindSphere can help utilities and power grid operators monitor their grids, analyze grid data, and optimize grid operation, and also presented a new controllable and adjustable medium-voltage DC transmission system. This system was developed for gird operators who need to enlarge their infrastructure to handle the increasing volumes of power fed into the distribution system from distributed and renewable energy sources and to keep their network stable.
The EMO Hannover is the world's premier trade fair for the metalworking sector. Some 2,000 exhibitors come to the EMO Hannover to present products and services from across every segment of metalworking technology, from machine tools, precision tooling, and automation components to systems with a customer-oriented focus. A selection of accompanying events and special shows form the framework to the EMO Hannover and supplement the exhibition spectrum.
From 14 to 17 September 2017, representatives from the worlds of politics and industry met at the New Mobility World to shape the future of mobility across industries. The event took place within the context of the IAA 2017. Under the banner "Shaping future mobility systems – from understanding to optimizing," Siemens exhibited at Booth 39 in Hall 3.1 with an array of current applications and solutions surrounding the topics of charging technology for electric vehicles and intelligent communication systems linking vehicles and infrastructure. Siemens offers a wide range of products and solutions that help shape the future of mobility already today.
"Discover the value of the Digital Enterprise for the beverage industry" was the Siemens motto for the Drinktec 2017, the leading international trade fair for the beverage industry. At the 240 square-meter booth in hall A3, Siemens showcased how industrial companies of every size can benefit from the digital transformation – from the digital value chain in the engineering process to the integration of machines into the line.
The demands on power grids are growing continuously as the portion of renewables-based and distributed energy systems is increasing. Siemens and its project partners have been decoupled the local power grid in Wildpoldsried from the main power grid. For the small community this is a milestone, for the energy transition in Germany and the ambitions worldwide to decarbonize the energy system the successful demonstration sets an exclamation mark.
We released our third quarter results for fiscal year 2017 on August 3, 2017. The Conference Call for journalists and the Analyst Call were broadcast live.
From July 4 to 6, 2017, all the paper industry met in Frankfurt am Main at the Zellcheming-Expo, Europe's leading trade fair for the pulp and paper industry and its suppliers. Under the banner "Discover the value of the Digital Enterprise - with Sipaper", Siemens showcased its latest applications and solutions from the Sipaper portfolio at booth D50 in Hall 4.1.
We released our second quarter results for fiscal year 2017 on May 4, 2017. The Conference Call for journalists and the Analyst Call were broadcast live.
On the first day of the Hannover Messe, April 24, Klaus Helmrich welcomed you to the annual Siemens Press Conference. As member of the Managing Board of Siemens AG, Klaus Helmrich is responsible for the Digital Factory as well as Process Industries and Drives Divisions. The Press Conference took place at 6:30 PM in the Trade Fair's Convention Center, Room 1 A/B. Mr Helmrich talked about current digitalization trends in the manufacturing and process industries under the heading "Discover the value of the Digital Enterprise".
On April 3, 2017 Siemens concluded the merger of its wind power business with Gamesa on schedule. Siemens Wind Power and Gamesa will form a world-leading wind power provider, with an unrivalled global presence and an excellent position in an attractive growth market. The two companies complement one another almost perfectly and boast a unique product portfolio. The merger of Siemens' Wind Power business and Gamesa has today received unconditional clearance from the European competition authorities. Subject to pending closing actions, Siemens and Gamesa expect to close the merger early April, after the registration of the merged entity in the Vizcaya Companies Register. The Siemens combined analyst and press conference call with Joe Kaeser, Siemens President and Chief Executive Officer, Ralf P. Thomas, Siemens Chief Financial Officer, and Lisa Davis, Member of the Managing Board, regarding the merger took place on June 17, 2016. Further information can be found at: https://www.siemensgamesa.com/en-int