Siemens has opened the first building complex of the Siemens Technology Center (STC) at Garching Research Campus of the TUM, north of Munich, Germany. In addition to Siemens, other institutions next to the Technical University of Munich (TUM), such as the Max Planck Institute and SAP are located there, with around 28,000 people working at this hub. As a result, the Garching Research Campus is one of the largest centers for science, research and teaching in all of Europe.
- With key leadership decisions, Supervisory
Board demonstrates confidence in the strategy and trajectory of Siemens AG as a
leading technology company
- Announcement of five-year contract
extension for Roland Busch (59) as President and CEO, from April 1, 2025
- Intention confirmed to extend appointment
of Cedrik Neike (51), member of the Managing Board and CEO of Digital
Industries, for a further five years from June 1, 2025
The Supervisory Board of Siemens AG confirmed a five-year contract extension for President and Chief Executive
Officer Roland Busch from April 1, 2025. The move is a mark of support for the
strategy of Siemens as a leading technology company, with the current Managing
Board driving three years of record financial performance and the further
strategic development of the company.
- Planned acquisition to strengthen Siemens’ position as a leading technology company in the field of factory automation and digitalization
- Strategic addition to the Siemens Xcelerator portfolio
- A business of ebm-papst, a leading supplier of fans and compact and intelligent mechatronic systems, which employs around 650 people
- Major growth opportunities in the field of intelligent, battery-powered drive solutions
Siemens AG
has signed an agreement to acquire the industrial drive technology (IDT)
business of ebm-papst. The business, which employs around 650 people, includes intelligent,
integrated mechatronic systems in the protective extra-low voltage range and
innovative motion control systems. These systems are used in free-range
driverless transport systems. The planned acquisition will complement the Siemens
Xcelerator portfolio and strengthen Siemens’ position as a leading solutions provider
for flexible production automation.
- New product connects Siemens Xcelerator with NVIDIA Omniverse Cloud
APIs to build collaborative, real-time, physically based visualization driven
by generative AI
- At NVIDIA GTC, Siemens and NVIDIA will join with HD Hyundai to
highlight how integrated visualization helps offer greater understanding and
insights
Siemens announced today that it will deepen its collaboration with
NVIDIA to help build the industrial metaverse. Siemens is bringing immersive
visualization powered by new NVIDIA Omniverse Cloud APIs
to the Siemens Xcelerator platform, driving increased use of AI-driven digital
twin technology. At the NVIDIA GTC, Siemens and NVIDIA demonstrated how
generative AI can revolutionize the visualization of complex data, making
photorealism possible, and showcased how sustainable shipbuilder HD Hyundai can
use it to develop new products.
- On March 8, 1899, Siemens shares
were traded for the first time on the Berlin Stock Exchange
- As a result, Siemens is one of the
oldest continuously listed companies in German stock-exchange history
- Progressive internationalization of
shareholder structure
- One of
the world’s largest employee share programs
Today, Siemens is celebrating its 125th year on the stock exchange. On
March 8, 1899, Siemens shares were traded for the first time on the
floor of the Berlin Stock Exchange. As a result, Siemens is one of the oldest
continuously listed companies in Germany’s stock-exchange history. One hundred
and twenty-five years later, Siemens remains a leading technology company in
the fields of industry, infrastructure, transport, and healthcare and is one of
the top 100 most valuable companies in the world.
- Siemens EcoTech empowers industry and infrastructure customers to make informed decisions, advancing progress against their sustainability targets
- Each product that achieves the Siemens EcoTech label has a detailed profile that provides industry-leading levels of transparency
- The new label enables direct comparison of product sustainability credentials to the market standard and predecessor products
Siemens today announces the launch of its
sustainability product label approach – Siemens EcoTech – setting a new
standard for transparency in the industry. Siemens EcoTech gives customers a
comprehensive insight into product performance across selected environmental
criteria. At launch, the Siemens EcoTech label covers a range of products from
across the Siemens portfolio for infrastructure and industrial applications.
The label will be gradually extended to cover additional, relevant Siemens
product families, which meet the stringent criteria.
Due to
impacts from the coronavirus pandemic and the geopolitical environment, as well
as broader macroeconomic effects of inflation, the food and beverage (F&B)
industry has been facing major challenges, which range from fractured supply
chains to inflation-induced higher prices. As a result, more and more companies
in the F&B industry are acknowledging the need to intensify their efforts in
embracing digital transformation. Regarding optimization, the F&B industry
is focused on two aspects: first, it aims to streamline processes for maximum
efficiency and enhance supply chain resilience. Second, it strives to achieve
sustainability goals. Yet, its ultimate priority is to remain competitive in
the market.
Due to impacts from the coronavirus pandemic and the geopolitical environment, as well as broader macroeconomic effects of inflation, the food and beverage (F&B) industry has been facing major challenges, which range from fractured supply chains to inflation-induced higher prices. As a result, more and more companies in the F&B industry are acknowledging the need to intensify their efforts in embracing digital transformation. Regarding optimization, the F&B industry is focused on two aspects: first, it aims to streamline processes for maximum efficiency and enhance supply chain resilience. Second, it strives to achieve sustainability goals. Yet, its ultimate priority is to remain competitive in the market. The technologies used at Ekonoke, Deoleo and Coca-Cola are examples of the digital transformation that is taking place in the food and beverage industry – with the help of Siemens technology. These technologies are used in a variety of diverse cases, such as in sustainable and efficient hop production, the digitalization of a traditional olive oil production process and the example of sustainable processing and distribution of a large multinational soft drink company.
S&P
Global Ratings announced today that it has upgraded its long-term issuer rating
on Siemens AG to AA- from A+, the outlook remaining stable. According to
S&P Global Ratings, “Siemens AG continues to
successfully transform its industrial portfolio by focusing on high margin
businesses that have leading market positions and benefit from secular trends
like digitalization and decarbonization, while also divesting its lower margin
or more volatile businesses.”
For the past
15 years, the rating agency has maintained an A+ rating for Siemens AG.“The upgrade
in our rating underlines once again Siemens AG’s financial strength. We
are pleased that S&P Global Ratings has given fitting recognition
to our outstanding cash performance and strong operating results. Our AA- rating
puts us well ahead of our peers and is a pleasant privilege”, said Ralf P. Thomas,
Chief Financial Officer of Siemens AG.
Todd Weatherby
(58) has been appointed as Chief Executive Officer Siemens Advanta, leading the
professional services and consultancy business as of March 1, 2024. Todd has
held leadership roles in product management, business development and sales
with several technology companies including Oracle, Microsoft and Amazon. He
launched Amazon Web Services ProServe and led its impressive growth for a
decade from 2012.
Cedrik Neike, CEO Siemens Digital Industries
and the Member of the Managing Board responsible for Siemens Advanta, said;
“Todd has deep expertise in the professional services space within the tech
sector. As an experienced leader, he will support the continued growth of
Siemens Advanta. We welcome him to Siemens and look forward to supporting him
as he works to help our customers leverage the power of technology.”