- Ramp up of global investment in new high-tech factories,
innovation labs and education centers to expand leadership in digitalization, automation
and sustainability
- Total investments
of €2 billion mainly in manufacturing capacity expansion to be disclosed this year
- Following investments in Germany and
in the U.S., Siemens expands its production network and R&D capacities in Asia
- New high-tech factory in Singapore announced
today to serve growing markets in Southeast Asia
- Expansion of digital factory in
Chengdu to boost further
growth in China
- Additional investments in Europe and U.S. to be
announced
To boost future growth, drive innovation and increase
resilience, Siemens today presented its investment strategy which includes €2
billion mainly for new manufacturing capacity as well as innovation labs,
education centers and other own sites. Siemens today announced a new high-tech factory in
Singapore, to serve the booming Southeast Asia markets.
- Together for Sustainability – an initiative of 47 chemical companies – chooses Siemens’ “Sigreen” solution for digital exchange of Product Carbon Footprint (PCF) data
- Pilot project aims to demonstrate the scalability of PCF data exchange across an entire industry
- Chemical industry is a pioneer in product-related environmental data
Together for Sustainability (TfS) and Siemens are announcing a partnership on decarbonization to advance the overall sustainability of the chemical industry. TfS is a global initiative to promote sustainability in the chemical industry’s supply chain, consisting of 47 international companies, including some of the largest chemical groups. Siemens, a leading technology company and supplier of automation and industrial software, will leverage the power of its Sigreen solution, a tool to track and manage product carbon footprint (PCF) and part of the Siemens Xcelerator portfolio.
- World premiere of “Industrial Operations X” for highly flexible industrial processes; plus new use cases with “Building X” – a scalable digital platform for buildings
- Offerings part of Siemens Xcelerator – an open, digital business platform
- German Chancellor Olaf Scholz to visit Siemens’ booth, D53 in Hall 9
Strained
supply chains, geopolitical uncertainties, skilled-labor shortages and climate
change are increasing the pressure to digitalize and automate value chains –
always with the aim of becoming faster, more adaptable and more resilient. For
this reason, Siemens will use “Accelerate Transformation” as its motto for
Hannover Messe 2023, where it will be showcasing how new offerings from its open,
digital business platform, Siemens Xcelerator, enable customers’ digital
transformation in industry and infrastructure faster and at scale. Using the
concrete example of an industrial plant for battery production, Siemens will
show how to rapidly transform production facilities to enable manufacturing
operations that are digital from end to end. In addition, the Siemens Digital
Experience Platform enables virtual visits to the Siemens booth – which, at a
total of 2,800 square meters, is Hannover Messe’s largest.
- Companies introduce Siemens
Industrial Copilot, a generative AI-powered assistant, designed to enhance
human-machine collaboration and boost productivity.
- Companies will work together to
build additional copilots for manufacturing, infrastructure, transportation,
and healthcare industries.
- Leading automotive supplier,
Schaeffler AG, is an early adopter of Siemens Industrial Copilot.
- In addition, the Siemens Teamcenter
app for Microsoft Teams will be generally available in December 2023 and
accelerate innovation across the product lifecycle.
Microsoft and Siemens are deepening their partnership by bringing the
benefits of generative AI to industries worldwide. As a first step, the
companies are introducing Siemens Industrial Copilot, an AI-powered jointly
developed assistant aimed at improving human-machine collaboration in
manufacturing. In addition, the launch of the integration between Siemens
Teamcenter software for product lifecycle management and Microsoft Teams will
further pave the way to enabling the industrial metaverse. It will simplify
virtual collaboration of design engineers, frontline workers, and other teams
across business functions.
- Launch of Simulytic, a Siemens venture, accelerates the move to safe, autonomous mobility
- World premiere of Siemens Autonomous Charging System
- Partnership with Verein Sozialhelden e.V.: Siemens committed to easing use of charging infrastructure by the disabled
- Siemens is official charging infrastructure partner for the Blue Lane Road at IAA Mobility 2021
- #MoveToTransform campaign in Munich embodies the spirit of the IAA Mobility and shows the faces behind mobility’s transformation
For Siemens,
it’s a home game of a special kind: taking as its motto #MoveToTransform, the
company is exhibiting at the IAA Mobility 2021, which is being held for the
first time in Munich, Bavaria’s capital and Siemens’ hometown. As a focused
technology company, Siemens is presenting a holistic look at mobility for today
and for the future. The focus is on how the real and digital worlds are combined
in technical products and digital solutions to make industry, infrastructure
and transportation more intelligent, efficient and sustainable.
- With key leadership decisions, Supervisory
Board demonstrates confidence in the strategy and trajectory of Siemens AG as a
leading technology company
- Announcement of five-year contract
extension for Roland Busch (59) as President and CEO, from April 1, 2025
- Intention confirmed to extend appointment
of Cedrik Neike (51), member of the Managing Board and CEO of Digital
Industries, for a further five years from June 1, 2025
The Supervisory Board of Siemens AG confirmed a five-year contract extension for President and Chief Executive
Officer Roland Busch from April 1, 2025. The move is a mark of support for the
strategy of Siemens as a leading technology company, with the current Managing
Board driving three years of record financial performance and the further
strategic development of the company.
- Orders in Q1 2024 reached €22.3 billion (Q1 2023: €22.6 billion); an increase
of 2 percent on a comparable basis
- Revenue rose 6 percent on a comparable basis to €18.4 billion (Q1 2023:
€18.1 billion)
- Profit Industrial Business totaled €2.7 billion (Q1 2023: €2.7 billion); profit
margin Industrial Business increased to 15.8 percent (Q1 2023: 15.7
percent)
- Free cash flow at Group level rose sharply year-over-year to €1.0 billion
(Q1 2023: €0.1 billion)
- Net income climbed 56 percent to €2.5 billion (Q1 2023: €1.6 billion)
- Outlook for fiscal 2024 confirmed
- Virtual Annual Shareholders’ Meeting to vote on dividend proposal of €4.70
per share for fiscal 2023 (fiscal 2022: €4.25)
Siemens made a successful start to fiscal 2024 with a strong performance in the first quarter (ended December 31, 2023). At €2.7 billion, Profit Industrial Business increased at nearly all industrial businesses to reach a record high for the first quarter of a fiscal year. On this basis, Siemens confirms its outlook for the current fiscal year 2024. As announced in November 2023, the company is also initiating a new share buyback program in the near term with a volume of up to €6 billion over a period of up to five years.
Luna Rossa Prada Pirelli America's Cup Team relies on Siemens Xcelerator Portfolio
- Total U.S. investments to support high-growth
markets like data centers, batteries, semiconductors, EV charging and rail transportation
- New
US$150 million investment in Dallas-Fort Worth production of critical electrical infrastructure
equipment to help power U.S. data centers and accelerate adoption of
artificial intelligence (AI)
- Already announced: US$220 million rail
manufacturing plant to bolster U.S. infrastructure and mobility
- All investments to create a total of around 1,700
jobs in the U.S.
- Part of €2 billion global investment strategy to boost growth, innovation and
resilience
Today, Siemens announced an
investment of US$150 million in a new high-tech manufacturing plant in
Dallas-Fort Worth to help power American data centers and critical
infrastructure. This plant will produce state-of-the-art reliable and efficient
electrical equipment. It will enable accelerated growth of U.S. data centers, which
is being driven by the exponential adoption of generative AI. It will also ensure
secure operation of critical infrastructure. This investment specifically
supports long-term customers in the data center space, where demand is expected
to grow by around ten percent annually through 2030.