- New firmware adds Fast PTI mode for precise positioning at even higher speeds
- Fast PTI mode comes with auto-tuning function
- Firmware update opens up new applications for Sinamics V90
New functions are being added to the proven Sinamics V90 servo drive system with the V1.11 version of the Sinamics firmware. The Fast PTI mode is now available for the drive system, increasing Pulse Train Input (PTI) performance by 70 percent. This improves the reaction time from the Pulse Train Input command to the actuation of the motor. The improved reaction time opens up new application areas for the Sinamics V90 which require higher dynamic performance such as high speed labeling as well as in the field of LED production (LED pick & place).
Klaus Patzak (54), currently Managing Partner of the Siemens Portfolio Companies, has been appointed Chief Financial Officer (CFO) of the new Siemens Gas and Power business (GP). In this role, Patzak will be responsible for building the Finance governance structures, steering the activities required for carving out and listing, and helping to shape the format of the future stand-alone Siemens energy business. In his new role, he will report directly to Lisa Davis, Chief Executive Officer (CEO) of the Gas and Power Business that is to be created. Via a functional reporting line, he will also report to Siemens CFO, Ralf P. Thomas.
- Orders grew 6%, to €23.6 billion, and revenue rose 4%, to €20.9 billion, for a book-to-bill ratio of 1.13 and record high order backlog of €142 billion
- On a comparable basis, excluding currency translation and portfolio effects, orders increased 4% and revenue was up 2% compared to Q2 FY 2018
- Adjusted EBITA for Industrial Business climbed 7% to €2.4 billion, with most businesses increasing their performance; Industrial Business Adjusted EBITA margin reached 11.4%, even with severance charges taking 0.3 percentage points
- Net income reached €1.9 billion, near the prior-year level which benefited substantially from a €0.7 billion Adjusted EBITA from Centrally managed portfolio activities; the current period benefited from a lower income tax rate, and basic EPS of €2.24 was burdened by €0.08 from severance charges
"We delivered on our promises again this quarter, and even exceeded expectations in many areas. Now, we enter into a new era to become an even stronger and more focused Siemens."
We released our second quarter results for fiscal year 2019 on May 8, 2019. The press conference was broadcast live.
- Creation of new major player on the energy market with business volume of €30 billion and over 80,000 employees through spinoff of Gas and Power and transfer of Siemens' SGRE stake
- Spinoff to give shareholders direct participation in success and enable rapid implementation
- Future industrial core: Digital Industries and Smart Infrastructure
- Ambitious medium-term goals refined and long-term aspiration outlined
- Savings of €2.2 billion by 2023 through structural efficiency gains planned
- Growth in future-oriented fields to generate net increase of over 10,000 jobs despite efficiency measures
Siemens intends to meet its medium-term growth and profit targets by clearly focusing its portfolio on dynamic growth markets and efficiency gains. To this end, the Supervisory Board of Siemens AG today unanimously approved the next steps in the company's Vision 2020+ strategy concept, including the spinoff of Siemens' Gas and Power (GP).
Join Siemens at the 50th annual Offshore Technology Conference (OTC), May 6 – May 9 at NRG Park in Houston, TX, where Siemens' subject matter experts will share their insights on navigating the "new normal" in oil and gas and the digital revolution quietly transforming all industries.Harmful emissions and a global population of more than 1 billion who lack access to power are among the world's most pressing challenges. Siemens is effectively addressing both, by making fossil fuels cleaner, building out the vast transportation infrastructure required to move natural gas to destination markets, and effectively harnessing IoT solutions to maximize efficiency and reduce risks. Visit us at booth #4422 to learn more about how our carbon-cutting, efficiency-boosting, and data-exploiting solutions are transforming the energy sector and the world that relies on it.
Two technology teams were recognized today at the 50th annual Offshore Technology Conference (OTC) – Siemens BlueVault™ energy storage solutions and the Subsea Power Grid. Siemens is one of three companies to receive two Spotlight on New Technology (SONT) awards this year.
- Partnership defines a new approach to digital safety and security
Siemens and TÜV SÜD have come together to address the growing risk of cyberattacks on critical infrastructure by collaborating to provide digital safety and security assessments, as well as industrial vulnerability assessments to help global energy customers identify asset risk and cybersecurity solutions.
- New IP routers and IP interfaces ensure secure data and access-proof KNX communication over IP
- KNX IP Secure devices meet the highest security requirements in smart buildings
- More flexibility in power supply minimizes KNX bus current consumption
Siemens Smart Infrastructure expands the proven Gamma instabus building system with new IP routers and IP interfaces that support the latest KNX IP Secure standard. This extension of the KNXnet/IP protocol enables fully encrypted transmission of data telegrams, thus ensuring secure data- and access-proof communication between KNX IP routers within a single network.