- No. 1 in the European Patent Office's application rankings for 2018
- More than 25 percent of patent applications in the area of digitalization
- 7,300 inventions worldwide in fiscal 2018 – 33 inventions per day
Siemens submitted more patent applications than any other company in Europe in 2018, thus advancing to first place in the European Patent Office's application rankings. With 2,493 patent applications, Siemens relegated last year's leader, Huawei, to second place, followed by Samsung and LG. In 2017, Siemens had taken second place. The last time the company was ranked No. 1 in Europe was in 2011. More than 25 percent of the patents are in the areas of Industry 4.0 and digitalization, where Siemens submitted considerably more applications for intellectual property rights than in the prior year. The company also reported a substantial increase in the areas of artificial intelligence and cybersecurity.
- Project aims to improve safety for spectators and drivers at FIA sanctioned Rally events
- Solutions include advanced sensor fusion and image classification; connected vehicle technology; extensive 3D modeling and pre-race simulation of vehicles, sensor networks
- Learnings from project will benefit pedestrian safety in urban environments
The Fédération Internationale de l'Automobile (FIA) and Siemens today announced the start of a project aimed at improving the safety of spectators and drivers at Rally events around the world.
- Mitsubishi Heavy Industries to become the Charter's first Asian member company
- Letter of Intent signed, membership to be finalized by September 2019
Mitsubishi Heavy Industries (MHI) signed a letter of intent to join the Charter of Trust for cybersecurity in Tokyo today, expanding the Charter's reach into Asia. The company's membership is expected to be finalized by the end of September 2019. As the 17th Charter partner, MHI will be the first Asian company to join the global cybersecurity initiative.
- This year's trade fair slogan: "Digital Enterprise – Thinking industry further!"
- Setting course for the factory and process automation of the future
- Integrated energy solutions for digital enterprises
Siemens will be placing smart solutions for the industry-specific implementation of Industrie 4.0 at the heart of its Hannover Messe 2019 presentation under the banner "Digital Enterprise – Thinking industry further!". Over an exhibition space of around 4,000 square meters in Hall 9, Siemens will be showcasing these solutions with an array of new additions to its Digital Enterprise offering designed to enable the digital transformation of the discrete and process industries. By integrating future technologies into its portfolio, Siemens is offering users new and far more extensive scope for leveraging the exponential growth in industrial data. Its offering ranges from the use of artificial intelligence and edge computing through to the factory and process automation of the future. Siemens will also be showcasing integrated energy solutions for network operators and digital enterprises. This comprehensive portfolio allows industrial enterprises of all sizes and sectors to achieve the improved flexibility and productivity they need to address the growing challenges posed by mass customization.
- Minimum requirements for new suppliers
- New network against hacker attacks: Siemens sets up cyberorganization
New Siemens suppliers must comply with minimum binding cybersecurity requirements, which will be introduced step-by-step starting on February 15, 2019, and anchored in a separate, binding clause in all new contracts. These requirements will apply primarily to suppliers of security-critical components such as software, processors and electronic components for certain types of control units. Existing suppliers who do not yet comply with the requirements are to implement them gradually. The goal is to better protect the digital supply chain against hacker attacks. In this regard, Siemens is following the course laid down by the Charter of Trust for cybersecurity. The requirements stipulate, for example, that suppliers must integrate special standards, processes and methods into their products and services. The reason: to prevent vulnerabilities and malicious codes at suppliers – and thus in Siemens products as well. In the future, suppliers themselves must, for example, perform security reviews, conduct tests and take corrective action on a regular basis. Siemens is making these requirements mandatory for its own activities as well.
The European Commission has announced today its decision to prohibit the proposed combination of the Siemens and Alstom mobility businesses. As a result of this prohibition, the merger will not proceed.
- Effective immediately, employees in Germany can propose concrete qualification projects
- Up to €100 million for qualification measures, especially in future-oriented professional fields
- New learning culture: a willingness to learn completely new things
The Fund for the Future that Siemens and the company’s Central Works Council agreed to establish in May 2018 is now available to finance qualification projects in Germany. Until the end of fiscal 2022, Siemens will provide up to €100 million for such projects, in addition to the company’s regular annual budget of around €500 million for training and continuing education, thereof €290 million in Germany. The Fund for the Future is a key element with which Siemens and the Central Works Council are shaping the structural transformation of today’s economy – a transformation that is changing the working world to an unimaginable degree.
- Annual Shareholders' Meeting ratifies acts of Managing and Supervisory Boards by large majorities
At today's 53rd ordinary Annual Shareholders' Meeting of Siemens AG, shareholders approved the distribution of a dividend of €3.80 per share for fiscal 2018, as proposed by the Managing and Supervisory Boards. The dividend for fiscal 2018 was thus €0.10 higher than the dividend for fiscal 2017. The company has now increased its dividend five years in a row.
- Orders increased 13% on a comparable basis, excluding currency translation and portfolio effects, and revenue grew 2% compared to Q1 FY 2018
- On a nominal basis, orders rose 12%, to €25.2 billion and revenue was up 1%, to €20.1 billion; the book-to-bill ratio was 1.25
- Adjusted EBITA for Industrial Business was lower, at €2.1 billion, due mainly to a decline in Power and Gas; Industrial Business Adjusted EBITA margin at 10.2%, held back by severance charges amounting to 0.4 percentage points
- Net income came in at €1.1 billion, resulting in basic EPS of €1.26, which was burdened by €0.08 from severance charges; the change year-over-year is due to two substantial positive factors outside of Industrial Business in the prior-year period: a gain from the sale of shares in OSRAM Licht AG and sharply lower income tax expenses related to U.S. tax reform
"Our continued high order growth underlines the customer confidence in the performance of our company. There is still much to do before we achieve industry-leading margins in all our businesses."
Siemens Canada, New Brunswick Power (NB Power) and Nova Scotia Power (NSP) agreed on conducting a joint project to develop and demonstrate smart grid technology to better manage the provinces´ electricity and reduce greenhouse gas emissions. The overall investment for the project amounts to $92.7 CAD million (€ 60.95 million). For a joint pilot project aimed at analyzing challenges and opportunities posed by Canada's energy transition, the three partners have been awarded $35.66 M CAD (€ 23.45 million) in federal funding. The partners will research and test in real-time how the grid of the future can optimize integration of renewables, ensure stability of the grid and manage decentralized distribution in order to better manage the provinces’ electricity, potentially reduce future electricity costs for consumers and reduce greenhouse gas emissions. The pilot, officially called the Smart Grid Atlantic project, is being funded in part by the Government of Canada's Strategic Innovation Fund.