- Siemens China to lead the company's global R&D in autonomous robotics
- Innovative solutions to help build "digital cities" across the country
- Agreement to create Hong Kong's first smart city digital hub powered by MindSphere
- Open innovation eco-system for China and the world
Siemens China will lead the company's global research in autonomous robotics. As part of Siemens' innovation strategy to master technology fields that are critical for future success, a global research community comprising experienced experts from around the world will focus on the research and development of new mechatronics systems, human-robot collaboration and the application of artificial intelligence in robotic controllers. In line with this strategic move, Siemens has also entered into a partnership with Tsinghua University, one of Siemens' Center of Knowledge Interchange universities, to jointly set up a robotics research center in Beijing.
- 1,700 young people begin apprenticeship or work-study programs
- A further 600 apprentices from external partners
- International training program in Berlin again with 31 new participants
- Europeans@Siemens renamed International Tech Apprenticeship@Siemens (ITA@S)
Around 2,300 young people have begun vocational training this year at Siemens in Germany alone. About 1,700 are being trained for professional careers at the company, while a further 600 are from external partners. As in previous years, around 80 percent will focus on technical fields and IT. Siemens offers apprenticeships in electronics, mechatronics, machining and specialized informatics, for example. Roughly 40 percent of the training positions are in work-study programs, whose participants can earn a bachelor's degree (bachelor of engineering or science) or complete a fully integrated work-study program at Baden-Wuerttemberg Cooperative State University in addition to the usual German Chamber of Industry and Commerce degree.
The demands on power grids are growing continuously as the portion of renewables-based and distributed energy systems is increasing. Siemens and its project partners have been decoupled the local power grid in Wildpoldsried from the main power grid. For the small community this is a milestone, for the energy transition in Germany and the ambitions worldwide to decarbonize the energy system the successful demonstration sets an exclamation mark.
We released our third quarter results for fiscal year 2017 on August 3, 2017. The Conference Call for journalists and the Analyst Call were broadcast live.
- Revenue rose 8% compared to Q3 FY 2016, to €21.4 billion, including a strong performance by short-cycle businesses
- Orders came in 6% lower, at €19.8 billion, due to sharply lower volume from large orders at Power and Gas and at Siemens Gamesa Renewable Energy, the business resulting from the merger of Siemens' wind power business with Gamesa Corporación Tecnológica S.A. (Gamesa) beginning with Q3 FY 2017; the book-to-bill ratio for Siemens overall was 0.93
- On a comparable basis, excluding currency translation and portfolio effects, revenue rose 3% and orders were 9% lower
- Profit Industrial Business rose 3% to €2.3 billion; as expected, negative merger and acquisition effects related to Gamesa and Mentor Graphics Corporation (Mentor Graphics) reduced Industrial Business profit margin to 10.4%
- Net income rose 7%, to €1.5 billion; basic earnings per share (EPS) of €1.74, up from €1.64 in Q3 FY 2016 despite negative merger and acquisition effects
"Our global team delivered a solid quarter with revenue up 8% and net income growing by 7%. Our digital enterprise business impressively underscored its leading position in the market. We are fully on track with Vision 2020 and for another strong year."
- Supervisory Board decides to extend Kaeser's appointment until 2021
- Following successful implementation of Vision 2020, focus on next steps
The Supervisory Board of Siemens AG has extended Joe Kaeser's appointment as President and Chief Executive Officer ahead of schedule. His term of office will now extend until the Annual Shareholders' Meeting in 2021. This move is intended to ensure the continuity and stability needed for sustainable and successful implementation of the company's Vision 2020 strategy program. "Over the past few years, Mr. Kaeser has driven Siemens' realignment with great dedication and entrepreneurial spirit," said Supervisory Board Chairman Gerhard Cromme. "He's not only a guarantor of success, but also of stability in increasingly turbulent times. From the perspective of the Supervisory Board, it's all the more gratifying that we'll be continuing the extremely successful collaboration with Mr. Kaeser, which is based on the highest levels of trust."
Siemens and The AES Corporation announced on July 11, 2017 their agreement to form a new global energy storage technology and services company under the name Fluence. The joint venture will deliver the Advancion and Siestorage energy storage platforms and will continue to develop new storage solutions and services. Fluence will empower customers around the world to better navigate the fragmented but rapidly growing energy storage sector and meet their pressing needs for scalable, flexible, and cost-competitive energy storage solutions. Its global headquarters will be located in the Washington, DC area with additional offices located in Erlangen, Germany and other cities worldwide. The transaction is expected to close in the fourth quarter of calendar year 2017, subject to regulatory and other approvals.
- Special coating on windowpanes significantly improves reception
- Rhein-Ruhr Express first train worldwide with the new technology
- Maintenance-free, cost-effective solution
The Rhein-Ruhr Express (RRX), a train for Germany's Rhine-Ruhr metropolitan region, will be the world's first train in series production to feature a new radio-frequency windowpane solution from Siemens that massively improves mobile phone reception in trains. The new windows on the RRX will allow radio waves to pass through up to 500 times more easily than is the case with conventional thermal insulation glazing. As a result, passengers will be able, for the first time, to surf the Internet and make telephone calls freely without the need for special cellular-signal amplifiers (in-train repeaters). Train operators will also profit from the new technology: in new vehicles, the windowpane solution is significantly more cost-effective than installing in-train repeaters.
Singapore and Siemens aim to join forces in a drive to make the Southeast Asian city-state a "smart nation." As a result, Singapore will be the first country in the world to pilote MindSphere – Siemens' open, cloud-based operating system for the Internet of Things – to digitalize its infrastructure as much as possible. Siemens is supporting this master plan by setting up a digitalization hub. The hub was inaugurated on July 11, 2017 in parallel events in Singapore and at Siemens' headquarters in Munich: Armin Bruck, CEO of Siemens Singapore, opened the hub in Singapore while Singapore's Prime Minister Lee Hsien Loong and Joe Kaeser, President and CEO of Siemens AG, signed a symbolic plaque in Munich. At the Digitalization Hub, Siemens will develop and offer new digital applications.
- Powered by MindSphere – Siemens' cloud-based open IoT operating system, the Hub will drive digitalization in the country
- Team of up to 300 digitalization experts by 2022
- Development of new digital applications for companies in Southeast Asia, three cooperation agreements signed today
To address the substantial opportunities in urbanization and industrialization that are rapidly arising in Asia, Siemens will be setting up a Digitalization Hub in Singapore. At this Hub, Siemens will develop innovations for the Internet of Things (IoT) and Industrie 4.0 in collaboration with its customers in Southeast Asia. Supported by the Singapore Economic Development Board (EDB), the Hub will also complements the county's efforts to become a Smart Nation, because Siemens will be using its IoT operating system MindSphere - to drive digitalization in Singapore.