- Free "fill ups" at up to 100 Siemens locations in Germany to begin in 2017
- Charging stations to supply green electricity and be internationally linked
Beginning in 2017, Siemens employees at as many as 100 of the company's locations in Germany can "fill up" their electric vehicles free of charge. This will apply not only to all-electric vehicles but also to plug-in hybrid electric vehicles. For this service, Siemens will use its existing network of charging stations, which it is expanding with normal and high-speed charging stations.
- Software, digital services and platforms as growth drivers
- MindSphere cloud-based, open operating system rolled out companywide
- Cooperation with IBM: IBM Watson Analytics to be integrated into MindSphere
- R&D investments rise to over €5 billion
Siemens wants to further strengthen its position as a digital company and achieve double-digit growth in software, digital services and cloud platforms every year through 2020. In fiscal 2016, Siemens generated revenue of more than €1 billion with digital services and around €3.3 billion with software solutions, an increase year-over-year of around 12 percent, which is considerably above annual market growth of some eight percent.
- Extra 330LE electric plane sets world record
- New climb performance record: altitude of 3,000 meters in just 4 min 22 sec
- World air sports federation FAI confirms world record
On Friday, November 25, 2016, the Extra 330LE aerobatic aircraft powered by a drive system from Siemens set a new world record for time to climb. At the Dinslaken Schwarze Heide airfield in Germany, the electric-powered plane reached an altitude of 3,000 meters in just four minutes and 22 seconds – a climb velocity of 11.5 meters per second. The time set by pilot Walter Extra was 1 minute 10 seconds faster than the previous world record set by U.S. pilot William M. Yates in 2013. The world air sports federation, Fédération Aéronautique Internationale (FAI), has officially recognized the record flight in the category "Electric-powered planes less than 1,000 kilograms."
- Siemens partner company for Jugend forscht for third time
- Germany-wide competition to be held in Erlangen in May 2017
- Siemens to honor ten researchers for 558 inventions
Siemens is teaming up for the third time with the Stiftung Jugend forscht to host Germany's best-known youth competition. The company previously hosted the nationwide event in 1976 and 1997. This year's competition, the fifty-second, will be held in Erlangen, Germany, on May 25-28, 2017. The final winners will be selected by a jury from among the 200 winners of statewide contests and presented with their awards on May 28 by the German Minister of Education and Research.
- Carbon dioxide emissions lowered from 2.2 million to 1.7 million tons
- Siemens expects savings of €20 million a year
- Siemens solutions have enabled customers to reduce their carbon dioxide emissions by 521 million tons
One year after the launch of its decarbonization program, Siemens is already making significant advances in reducing its carbon footprint. The company was able to cut its CO2 emissions from 2.2 million tons in fiscal 2014 to 1.7 million tons in fiscal 2016. A major portion of the carbon dioxide savings – 200,000 tons – were achieved at locations in Germany. With the aid of Siemens solutions, the company's customers worldwide succeeded in reducing their CO2 emissions by 521 million tons in fiscal 2016. This amount is equivalent to more than 60 percent of Germany's annual carbon dioxide emissions.
- Cedrik Neike and Michael Sen appointed to Managing Board of Siemens AG
- Roland Busch to head research and development as CTO and Corporate Development (CD)
- Lisa Davis to head the U.S. business in addition to her current Managing Board duties
Siemens AG has appointed Cedrik Neike and Michael Sen to its Managing Board. The company is also reorganizing responsibilities within the board. These steps will rejuvenate the Siemens Managing Board and lay the basis for accelerating the implementation of Vision 2020.
- German Chancellor Merkel to attend ceremony in Berlin on November 29
- About 100 guests from government, business, science, culture and media
Werner von Siemens, born on December 13, 1816, would have turned 200 years old this year. On November 29, Siemens is marking the anniversary of its company founder's birth by holding a gala event in the Mosaikhalle (Mosaic Hall) at its headquarters in Berlin. In addition to German Chancellor Angela Merkel, more than 100 prominent guests representing government, business, science, culture and the media are expected. Joe Kaeser, President and CEO of Siemens AG, will open the ceremony. Nathalie von Siemens, a great-great-granddaughter of Werner von Siemens, Managing Director and spokesperson of the Board of Siemens Stiftung and a member of the Supervisory Board of Siemens AG, as well as Gerhard Cromme, Chairman of the company's Supervisory Board, will also give speeches in honor of the company founder.
- Orders and revenue both 5% higher compared to fiscal 2015, at €86.5 billion and €79.6 billion, respectively, for a book-to-bill ratio of 1.09; excluding currency translation effects, orders and revenue both up 6%
- Industrial Business profit up 13%, at €8.7 billion; strong increases in Power and Gas, Energy Management, and Wind Power and Renewables and growth in other Divisions and Healthineers, more than offsetting a substantial decline in Process Industries and Drives
- Industrial Business profit margin reached 10.8%, with all industrial businesses except Process Industries and Drives within their target ranges
- Net income of €5.6 billion reflects the strong operating performance; fiscal 2015 net income of €7.4 billion included €3.0 billion related to divestments of the hearing aid business and Siemens' stake in BSH Bosch und Siemens Hausgeräte GmbH (BSH)
- Basic earnings per share (EPS) of €6.74, above the raised target range announced in the third quarter; basic EPS of €8.84 a year earlier included €3.66 related to the sale of the hearing aid business and the BSH stake
- Siemens proposes a dividend of €3.60 per share
"The fiscal year just ended was one of the strongest in the history of our company. Setting aside portfolio divestments, it was actually the best. We worked hard and I am proud of what our global team has achieved. In fiscal 2017 we will continue working with full concentration on the execution of Vision 2020."
- Public listing planned
- Leading position to be expanded
Siemens intends to further develop its healthcare business, Siemens Healthineers, and give it even greater flexibility in implementing its growth plans. To this end, the company is planning to publicly list its healthcare business.