- With Wi-Tronix, Siemens expands its digitalized services for predictive maintenance in the rail sector
- Siemens makes a significant strategic equity investment in Wi-Tronix – transaction has been executed in October 2017
- Wi-Tronix to remain a standalone, founder-led company
Siemens and Wi-Tronix, headquartered in Bolingbrook near Chicago, U.S. are launching a partnership to expand digital predictive maintenance for rail services. Through the integration of their technologies, and joint development of new innovations, the companies seek to move the industry toward the objective of one hundred-percent availability of safe, efficient service. Siemens has made a significant equity investment in Wi-Tronix. Both companies have agreed to maintain confidentiality regarding financial details of the deal.
Utmost reliability and maximum availability are critically important for ensuring the cost-efficient operation of rail vehicles and the infrastructure they use. After all, malfunctions and downtimes cost money, cause delays and frequently also lead to compensation claims from passengers, local transport purchasers and freight customers. Long before faults actually occur, their potential sources should be identified. To provide this information, Siemens is the first company in the rail industry to operate a special data analytics center, located in Munich, Germany.
Paulo Ruiz Sternadt (42) has been appointed CEO of the Dresser-Rand business, part of Siemens Power and Gas Division. He succeeds Judith Marks (54) who will leave the company at her own request.
Now things are getting down to business: following the initial test phase in the fall of 2016, the Siemens SiBike app is going live in Marburg. In the weeks between now and mid-November, dozens of cyclists will be subjecting this system – which gives priority to bicycles in city traffic – to a stress test that is taking place under realistic conditions. Beginning on October 5, 2017, SiBike is launching on a 700-meter stretch of the Erlenring road in Marburg, Germany. Dozens of volunteer "test pilots" will be helping optimize the "green wave" app. And beginning at the end of November, all Marburg residents will be able to download the SiBike app to their smartphones.
By the way: Marburg is a trendsetter. Since the project's successful start last year, numerous cities in Europe and the U.S. have already expressed interest in this technology.
Today, Siemens has decided to sell its shareholding of 18.155 million ordinary shares in Osram Licht AG representing 17.34 % of Osram Licht AG's issued share capital. The net proceeds from the sale will be used for general corporate purposes. Siemens will retain a small number of Osram Licht AG shares which are required to service the remaining Siemens bond plus warrant issue due 2019.
Siemens has completed the sale of 18.155 million ordinary shares in Osram Licht AG, thereby raising gross proceeds of approx. €1.2 billion. The sale followed an accelerated bookbuilt offering to institutional investors only.
- Cloud-based digitalization offering for energy suppliers facilitates development and installation of agile, fully integrated applications for the Internet of Things
- Numerous EnergyIP applications gradually available for MindSphere
- Service and applications part of Siemens' cyber security strategy
The further development of Siemens' EnergyIP smart grid applications marks another step forward in the digital transformation of the energy industry: In the future, more and more applications that today run on the EnergyIP smart grid application platform from Siemens will be integrated into MindSphere, the Siemens cloud-based open operating system for the Internet of Things (IoT). With this step, Siemens can provide energy suppliers with open and scalable digitalization applications for improved transparency in energy plants, data analytics, and optimized energy-related business processes. MindSphere for Energy reduces the cost for integrating new equipment and enables new and existing applications to be developed and installed using standardized interfaces on MindSphere. The platform and the applications are a part of the company's cyber security strategy. These solutions are already being implemented in development and production in order to meet current and future data security requirements.
- Efficient power transmission in the range from 30 to 150 megawatts
- Functions as direct-current transmission line (DC) to control, optimize, and regulate load flows in medium-voltage alternating current grids (AC)
- Based on Siemens high-voltage direct-current transmission (HVDC) technology
With MVDC PLUS (Medium Voltage Direct Current Power Link Universal System), Siemens is introducing a new direct-current transmission system to the market that will be serve as an efficient transmission route in medium-voltage AC grids from 30 to 150 kilovolts (kV). Siemens has developed the transmission system for grid operators who need to enlarge their infrastructure to handle the increasing volumes of power fed into the distribution system from distributed and renewable energy sources and also keep their network stable. Distances of up to 200 kilometers can be bridged with MVDC PLUS. Siemens offers the medium-voltage DC transmission system as a compact system in three variants: for a transmission capacity of approximately 50, 100, and 150 megawatts (MW) at DC transmission voltages of 20 to 50 kV.
Sabrina Soussan (48) and Michael Peter (51) have been appointed to succeed Jochen Eickholt (55) as head of Siemens' Mobility Division, effective October 1, 2017. Eickholt has been appointed integration manager for the announced merger of Siemens' and Alstom's mobility businesses, effective the same date.