- CNC digitalization portfolio Machinum is integral part of Siemens Xcelerator with focus on parts manufacturing
- Analyze and optimize machine tools with Machinum
- Make digital transformation easier, faster and scalable with Siemens Xcelerator
Under the motto "Accelerate transformation for a sustainable tomorrow", Siemens will
be presenting at this year's EMO how companies in the machine tool industry can meet
energy efficiency and sustainability requirements while at the same time meeting the
demand for high-quality, affordable, and individualized products.
- Orders rose 15 percent on a comparable basis to €24.2 billion and again reached a very high level (Q3 2022: €22.0 billion)
- Revenue grew 10 percent on a comparable basis to €18.9 billion (Q3 2022: €17.9 billion)
- Profit Industrial Business totaled €2.8 billion (Q3 2022: €2.9 billion) with a strong increase at Smart Infrastructure and Digital Industries
- Net income was €1.4 billion (Q3 2022: a net loss of €1.5 billion)
- Free cash flow all-in at group level was an outstanding €3.0 billion, a 29 percent increase (Q3 2022: €2.3 billion)
- Outlook on group level confirmed for fiscal 2023 for revenue growth and EPS pre PPA, excluding the Siemens Energy Investment
Siemens continued
its profitable growth trajectory in Q3 2023 (ended June 30, 2023),
with all industrial businesses achieving strong revenue growth. Order momentum
in the company’s major projects and systems business was also strong. The
book-to-bill ratio was an excellent 1.28, while the order backlog of €110 billion
was again at a record high level. Siemens confirms its outlook on group level
for fiscal 2023 and continues to expect revenue growth of 9 percent to 11 percent
and basic earnings per share before purchase price allocation accounting (EPS
pre PPA) of €9.60 to €9.90, excluding the Siemens Energy Investment.
- In a pilot project, Siemens is combining its Sigreen emissions management software with BayWa Carbon Connect, BayWa’s software for emissions offsetting
- The real carbon footprint of products is made transparent across the supply chain, from emission generation and reduction to offsetting
- In an initial use case, Siemens is offsetting the carbon emissions of selected products of the Simatic S7-1500 family at the Electronics Works Amberg for the duration of the project
The technology company Siemens and BayWa AG are working together to advance CO2-optimized industrial production. As part of a pilot project, the two companies are combining Sigreen, Siemens’ software for emissions management, with BayWa Carbon Connect, BayWa’s software for emissions offsetting.
- Industrial Connectivity Lab opens at the Erlangen site
- Test environment for industrial connectivity technologies
- 5G, WLAN, RTLS, and RFID: Users test application scenarios and interoperability in industrial conditions
The technology company Siemens has opened a new test laboratory for industrial connectivity technologies at its Erlangen site. Embedded in the Siemens Technology Center on the Erlangen campus, the Industrial Connectivity Lab offers 300 square meters of space for extensive testing of any connectivity solution in industrial environments: Industrial WLAN, 5G, real-time localization systems (RTLS), and radio frequency identification (RFID).
- Siemens to donate EUR 500,000 to foundation for mountain rescue services
- Funds to further develop globally unique Bavarian Mountain Rescue Service's center for Safety and Training in Bad Tölz
- Half of donations from Siemens employees
Siemens and
the charitable association Siemens Caring Hands e.V. are supporting the Stiftung
Bergwacht, a non-profit foundation for mountain rescue services, with a
donation of €500,000. The foundation will use the donation to further develop
the Bavarian Mountain Rescue Service’s Center for Safety and Training in Bad
Tölz, Germany, and thus improve disaster prevention in Germany and Europe. Half
the donation is from Siemens employees and half from Siemens AG. The funds are part
of a donation pool that Siemens set up in 2021 in response to the flood
disaster on the Ahr River in the German states of Rhineland-Palatinate, North
Rhine-Westphalia and Bavaria. Over the past two years, €2.8 million from the
pool has been used to support 25 emergency, reconstruction and prevention
projects.
- Investment of €1 billion planned in Germany, €500 million for new Technology Campus in Erlangen
- Part of €2 billion global investment strategy in 2023 for boosting growth, innovation and resilience across all regions
- Further investments in Europe and the U.S.
- New campus to become global development and manufacturing hub and nucleus for technology activities for industrial metaverse
- Erlangen location to promote and accelerate ecosystem of partners from business and scientific communities
- Transition to environmentally sustainable net-zero location
Siemens is
rigorously executing its announced €2 billion investment strategy. Of this
amount, the company plans to invest around €1 billion in Germany, thereby boosting
the country’s innovative strength. In the presence of German Chancellor Olaf Scholz,
the technology company today announced the establishment of its new Technology Campus in Erlangen, Germany, with
investments of around €500 million in the expansion of development and manufacturing
capacities. As a result, Siemens is establishing the Erlangen location as a
global research and development hub and the nucleus of global technology
activities for the industrial metaverse. These steps will enable Siemens to
accelerate its overall growth, drive innovation and increase its resilience.
- Innomotics, a leading supplier of
motor and large-drive systems, has launched with a new brand identity
- As of July 1, 2023, Innomotics has
become a separately managed Siemens subsidiary in Germany
- Global carveout is on track and is to
be largely completed by October 1, 2023
- Operating headquarters are in
Nuremberg, Germany, for the new company, which employs about 15,000 people
globally and generates more than €3 billion in revenue
Innomotics has
launched in Germany as a separately managed legal entity as of July 1,
2023. Under a single roof, the supplier of motors and large drives brings together
business activities with low- to high-voltage motors, geared motors,
medium-voltage converters and motor spindles as well as project and service
offerings for this product portfolio. The company’s operating headquarters are
located in Nuremberg, Germany. The carveout in Germany has now been completed. The
global carveout is also to be largely completed by the beginning of the new
fiscal year on October 1, 2023. In the future, Innomotics will comprise the previous
corresponding businesses from the units Large Drives Applications and Digital
Industries, as well as the separately managed Siemens companies Sykatec and
Weiss Spindeltechnologie. Worldwide, around 15,000 people are working at
Innomotics to realize growth potential and thus secure the company’s future market
success as a trailblazing specialist for motors and large drives.
- 6.8 percent stake transferred to Siemens
Pension-Trust e.V.
- Transfer strengthens Siemens’
pension assets in Germany
- Move reduces Siemens’ consolidated
investment in Siemens Energy AG from 31.9 percent to 25.1 percent
Siemens AG has transferred a 6.8 percent stake in Siemens Energy AG
to Siemens Pension-Trust e.V. on June 28, 2023. As a result, Siemens
AG’s stake in Siemens Energy AG declines to 25.1 percent. With
this move, Siemens is executing its previously announced plans to reduce its investment
in Siemens Energy. By transferring the shares to Siemens Pension‑Trust
e.V., Siemens is strengthening its pension assets in Germany.
- Collaboration to make industrial robotics more accessible and usable for manufacturing SMEs
- Exploration of new solutions to advance interoperability and more efficient interfaces between automation and robotics systems to address existing hurdles and cost drivers
- Solutions to speed up the development process for flexible work cells and facilitate their operation
Intrinsic, an Alphabet
company, and Siemens have teamed up to explore integrations and interfaces
between Intrinsic’s robotics software, which is designed for easy use of
AI-based capabilities, and Siemens Digital Industries with their open and
interoperable portfolio for automating and operating industrial production.