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.
Industry is advancing in giant strides towards digitalization and the utilization of IoT functions and applications. With MindSphere, Siemens has developed a cloud-based open IoT operating system with high performance capability to meet this growing demand.
To provide optimum support for companies facing individual, industry-specific challenges surrounding the digital transformation, January 24, 2018 saw the launch of a worldwide IoT initiative by MindSphere users and Siemens.