Combined press and analyst conferenceWe released our third quarter results for fiscal year 2018 on August 2, 2018 and outlined a strategy update. The combined press and analyst conference was broadcast live.
Leverage the full potential of renewable resources and local energy solutionsThe energy landscape is changing toward decentralization and independence from the traditional central power supply model – toward an increasingly distributed energy system. This change is characterized by an increase of efficient and affordable renewable power generation solutions – from small to utility scale – as well as combined heat and power (CHP) and storage technologies. The growing utilization of renewable energy sources, the deregulation of markets, and environmental awareness reinforce this shift. Siemens meets this trend by delivering a customer-specific offering such as solutions for local energy, photovoltaic and e-mobility infrastructure as well as low-voltage components.
Siemens exhibited at the automatica 2018 with an array of integrated and user-oriented Digital Enterprise solutions designed to sharpen the competitive edge of both end users and machine builders. Exhibiting under the banner "Digital Enterprise – Implement now!", Siemens focused on ways in which industrial enterprises of all sizes can benefit from the digital transformation – along the entire value chain from product design and production planning through the engineering process to new services.
World Forum and Leading Show for the Process IndustriesUnder the motto "Accelerate the digital transformation – from integrated engineering to integrated operations." we presented at the Achema 2018 trade show specific applications for how to use the potential of digitalization to enhance efficiency, flexibility, and quality – and to shorten time to market. Production can be significantly optimized and made more flexible by integrating all components in instrumentation and control and management systems and by intelligently using all of the process data generated in a common data model – the digital twin of the overall plant. Maintenance effort and costs can also be slashed dramatically by using cloud-based applications and data-based services.
We released our second quarter results for fiscal year 2018 on May 9, 2018. The Conference Call for journalists and the Analyst Call were broadcast live.
Under the motto "Digitalize your building," Siemens showed at the light+building trade fair from March 18 to 23, 2018 how commercial buildings can be comfortable while also offering economical operation. Encompassing 1,100 square meters, the Siemens booth featured smart products, solutions and systems. For this, Financial Services from Siemens offers the right financial solution.
On February 5, 2018 in Wunsiedel, Germany, Bavaria's largest battery storage system to date was dedicated by the Managing Director of Stadtwerke Wunsiedel (SWW) Marco Krasser, Secretary of State Franz Josef Pschierer, and Siemens Chief Technology Officer Roland Busch. The Siemens Siestorage system based on lithium-ion batteries has a capacity of 8.4 megawatts. It will ensure the future stability of the distributed power grid and opens up the possibility of the municipal utilities company's participation in the primary control reserve market.
Siemens held its Annual Shareholders' Meeting at the Olympia Hall in Munich on January 31, 2018.
We released our first quarter results for fiscal year 2018 on January 31, 2018. The Press Conference and the Analyst Call were broadcast live.