- Inventors come from Germany, Denmark, Austria and the U.S.
- 34 inventions per day in fiscal 2017
Siemens has honored 14 particularly resourceful researchers as Inventors of the Year 2017. Together, these scientists are responsible for some 1,300 inventions and 920 patents. Nine of the inventors are from Germany, two are from Austria, one is from Denmark and two others are from the United States. Their inventions range from a solution for the digital power grids of tomorrow to technologies that substantially improve medical diagnostics and extend all the way to current collectors that enable all-electric drive for conventional trucks.
The regular election of seven shareholder representatives on the Supervisory Board of Siemens AG will be held at the company's Annual Shareholders' Meeting on January 31, 2018. The current Supervisory Board has decided – based on the recommendations of its Nominating Committee ‒ to propose the election of four new shareholder representatives:
Siemens AG is preparing to list its separately managed healthcare unit on the Prime Standard segment of the Frankfurt Stock Exchange's Regulated Market. This move, which the company's Supervisory Board approved at its meeting today, is planned for the first half of 2018. "For Siemens Healthineers, the public listing is the next logical step and the foundation for expanding our strong position as a leading global supplier of healthcare technology," said Michael Sen, Chairman of the Siemens Healthineers Supervisory Board and the member of Siemens' Managing Board responsible, among other things, for healthcare technology.
- New MindSphere Version 3.0 on Amazon Web Services (AWS) provides access to Siemens APIs and AWS cloud services for faster development
- Simotics IQ: New IoT concept for motors
- New partnership financing service to boost the implementation of Industrie 4.0
- Study affirms annual productivity increase due to digitalization of up to 9.8 percent
Increasing demands by consumers for individual, high-quality products at favorable prices are posing new challenges for industrial enterprises which can only be resolved by digitalization. "With the Digital Enterprise portfolio, the technical conditions have been created for Industrie 4.0. To ensure successful implementation of Industrie 4.0, what we now need is an extended model for cooperative partnership based on mutual respect: Large-scale corporations supply platforms and components, medium-sized enterprises develop their own solutions and business models on this basis, and end customers integrate these into their digital value chain," explained Klaus Helmrich, Member of the Managing Board of Siemens AG at the SPS IPC Drives. Siemens will be showcasing a range of innovations at the show designed to shorten the time to market and to improve flexibility, efficiency and quality in the process and manufacturing industries. They range from the new Version 15 of the Engineering Framework TIA Portal through the IoT concept for motors Simotics IQ to the new Version 3.0 of the open cloud-based IoT operating system MindSphere. Siemens is also offering financing services such as pay-per-use models designed to simplify the implementation of digital solutions, aimed in particular at medium-sized enterprises.
Digitalization is changing our world – and the world of industry – in tangible ways. The digital transformation is creating new competitive advantages and business models in many companies in the manufacturing and process industry. Machine builders and plant engineers can also take advantage of this development and make it usable for their customers. For digital enterprises systems and processes can be comprehensively and uniformly optimized throughout the entire lifecycle of products and plants. At the SPS IPC Drives in Nuremberg, Germany, from November 28 to 30, 2017 – which took place this year under the motto "Discover the value of the Digital Enterprise" – Siemens presented in hall 11 specific examples of applications to show how this can be done.
- Structural changes in markets for Power and Gas Division and Process Industries and Drives Division make consolidation of global setup necessary
- Reduction of about 6,900 jobs worldwide, half of them in Germany
- Increased investments in future growth markets offer opportunities
Siemens is responding to the rapidly accelerating structural changes in the fossil power generation market and the commodity sector. A consolidation plan for the Power and Gas Division (PG), the Power Generation Services Division (PS) and the Process Industries and Drives Division (PD) aims to increase capacity utilization at production facilities, drive efficiency and enhance expertise by bundling resources.
We released our fourth quarter results and preliminary figures for fiscal year 2017 on November 9, 2017. The Press Conference and the Analyst Call were broadcast live.
- Revenue rose 4%, to €83.0 billion; orders were strong at €85.7 billion, just 1% below the high level a year ago despite substantial, ongoing contraction in markets for the Power and Gas Division which recorded large orders in Egypt totaling €4.7 billion in the prior year; the book-to-bill ratio was 1.03
- On a comparable basis, excluding currency translation and portfolio effects, revenue rose 3% and orders declined 2%
- Industrial Business profit rose 8%, to €9.5 billion, with double-digit increases at Building Technologies, Digital Factory, Mobility and Process Industries and Drives more than offsetting declines at Power and Gas and Siemens Gamesa Renewable Energy (SGRE)
- Industrial Business profit margin reached 11.2%, with a majority of businesses within or above their target ranges
- Net income up 11%, to €6.2 billion, driven by the strong operating performance; basic earnings per share (EPS) of €7.44, well within the guidance range
- Siemens proposes to raise the dividend €0.10 per share, to €3.70 per share
"Our global team delivered excellent results in fiscal 2017, surpassing even the historic success of last year. Most businesses are stronger than ever and well equipped for the digital age. Nevertheless, we have to tackle structural issues in some individual businesses. There is a lot of work ahead of us in fiscal 2018. We will take advantage of our opportunities in the market and handle challenges carefully, responsibly and rigorously."