CIGRE 2018 took place at Paris from August 25th until 31st. Digitalization provides the key to success in the increasingly distributed energy landscape. Siemens experts explained how to make these changing energy systems even more safe and efficient. Digitalization enables predictive planning and new business models beyond just the provision of grid capacity.
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.
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.
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.