- Stock-exchange listing completes spin-off
of Siemens Energy AG
- Transaction shall create long-term
value for shareholders of both companies
- New Siemens AG to have clear focus on
shaping digital transformation of industry
Siemens has completed its structural realignment and thus successfully
executed a key part of its Vision 2020+ strategy concept. This morning’s
listing in the Prime Standard segment of the Frankfurt Stock Exchange completed
the quotation of Siemens Energy as a leader in the transmission and generation
of electrical power. This step begins a new chapter in the company’s history.
The independent Siemens companies Siemens AG, Siemens Healthineers AG and Siemens
Energy AG will work together within an ecosystem of common interests. In each
case, however, they will focus on the priorities and characteristics of their specific
businesses and industries. With some 240,000 employees, Siemens AG will
primarily concentrate on technologies that are driving advances in the digital
transformation of industry, in smart infrastructure and in sustainable transportation.
- New standard library for shorter winding times at a higher quality
- Can be used for linear winding procedures of rectangular coils
- Engineering and commissioning times of winding machines are reduced
For the faster production of e-motors, Siemens has developed a new application which optimally controls wire tension for linear winding and minimizes fluctuations in force. The Wire Brake software application for automated winding of rectangular coil former controls the tension of the copper wire. In comparison to passive systems, this enables higher winding speeds and a higher winding quality to be achieved. The functionality can be integrated directly into the machine project using the standard library "Simotion Wire Brake" which shortens engineering and commissioning costs. It contains algorithms which include the rectangular geometry of the coil former as well as the "TensionControl" components to control the wire tension brake axis and "CamGeneration" to calculate cams using reference values.
- Atos to deliver digital, integrated and cybersecurity solutions to support Siemens digital strategic objectives
- Siemens-Atos Global Alliance will pursue joint go-to-market growth opportunities
Siemens AG and Atos, a global leader in digital transformation, today announced the extension of their Customer Relationship Agreement within their strategic partnership, started in 2011. The agreement aims to accelerate Siemens’ digital objectives in the areas of services modernization and digitalization, data driven digital, cloud transformation and cybersecurity. It comes in the context of 5-year total €3 billion agreements which were separately signed with Siemens AG, Siemens Energy AG and Siemens Healthineers AG and include existing services as well as new business. As part of the agreement, Atos will also invest in innovation and digital modernization, in order to advance important innovation topics for Siemens.
- Catastrophic
situation after fire ravaged refugee camp in Moria on Lesbos – only makeshift
shelter for people on ships and in provisional tents
- CEOs Diess and Kaeser underscore humanitarian responsibility
of companies
- Funds go to the German Red Cross and its local partners, who
will coordinate the relief efforts
Siemens AG
and the Volkswagen Group are jointly donating €5 million for immediate
humanitarian aid to displaced people in Moria and Greece. The situation for
people has worsened dramatically since fire ravaged the refugee camp in Moria
on Lesbos. They have been given makeshift shelter on ships belonging to the
Greek Navy and in provisional tents. The funds will be given to the German Red
Cross (DRK) to support the comprehensive aid initiatives of the International
Red Cross and Red Crescent Movement for displaced people in Greece.
- New services enabled by the Mendix low-code platform enable data-driven decision making in factories and across enterprise data sources
Siemens Digital Industries Software is leveraging the Mendix™ low-code application development platform to help customers across industries build contextual and personalized solutions and help enable data-driven decision-making processes. With the general availability of Mendix Data Hub and new Mendix for Industrial Edge services, Siemens can help customers achieve an end-to-end view of their plants, factories, and systems and provide domain experts with actionable insights through solutions that have been developed with the right data from across the organization. The Mendix platform extends the Xcelerator™ portfolio with the ability to build multi experience apps and share data from any location, on any device, on any cloud or platform, to more quickly realize the benefits of digital transformation.
- About one sixth of all electricity generated worldwide is based on Siemens Energy technology
- Leading portfolio from conventional to renewable energy
- Clear commitment to accelerate profitability by rigorously driving operational excellence, portfolio adjustments and gradually shifting innovation focus towards sustainability and service
- Clear target for Adjusted EBITA margin (before Special Items) of 6.5 to 8.5% for fiscal year 2023
At a virtual capital market day, Siemens Energy, a world leader in energy infrastructure, today laid out its post-spin-off strategy. Siemens Energy is aiming for accelerated profitable growth. Management aims to achieve an Adjusted EBITA margin before Special Items of 6.5% to 8.5% for fiscal 2023. The Executive Board is committed to drive operational excellence, portfolio adjustments to meet market demand and gradually shift the focus of innovation and R&D to sustainability and service.
- Important milestone for planned Flender listing
- The two Portfolio Companies’ businesses a perfect fit
- Combined company to strengthen global technology leadership
A major milestone on the way to the planned public listing of Flender in 2021 has been reached. Effective today, Siemens Wind Energy Generation (WG) will be part of Siemens AG’s wholly-owned subsidiary Flender GmbH in Germany and thus perfectly complement Flender’s business portfolio. Flender will expand its market-leading position in gear units through the addition of electro-technical expertise in generators for the wind industry, while WG will benefit, among other things, from Flender’s strong position in the wind power sector. The combined company will be a global technology leader with a competitive cost base and an attractive service business. The two units are part of Siemens’ Portfolio Companies, with around 8,500 employees and pro forma revenue of roughly €2 billion.
- Siemens expands strategic partnership with eQ Technologic
- eQube® Data as a Service (DaaS) to deliver enhanced industrial digital threads through purpose-built integration of IT, OT and ET solutions
- eQube® DaaS extends Mendix Data Hub to create seamless, self-service access to data resources
Siemens Digital Industries Software can now deliver
more seamless integration and data and
process orchestration across the Xcelerator™ portfolio through an expanded strategic
partnership with eQ Technologic (eQ). Building on the long relationship between Siemens and
eQ, Siemens’ customers can now access the eQube® Data as a Service platform to create
digital threads connecting systems including Product Lifecycle Management
(PLM), Enterprise Resource Planning (ERP), Application Lifecycle Management
(ALM), Internet of Things (IoT), and other Information Technology (IT),
Engineering Technology (ET) and Operational Technology (OT) solutions. eQube extends the Mendix™ Data Hub, a key component of the
expanded Mendix low-code platform, and can help enable industrial data and
system integrations with a rich set of over 60 smart connectors developed from domain-specific
knowledge drawn from over 20 years of experience.
- About 1,400 apprentices and university students in work-study programs to start professional careers at Siemens
- Training program to continue in full despite COVID-19 crisis
- Focus of Siemens training on digital learning environment
- Joint online application site for Siemens, Siemens Mobility and Siemens Healthineers
About 1,400 apprentices and university students in work-study programs will start their professional careers at 23 Siemens locations in Germany on September 1. Together with Siemens Mobility and Siemens Healthineers, Siemens is continuing its training program in full despite the coronavirus crisis. Training at Siemens Energy will be continued separately. Nearly 1,190 young people who are being trained for Siemens’ own needs will be joined at Siemens Professional Education by about 190 participants from the company’s external partners.
- Siemens and J&K Technology support digital validation process
- New CVal software solution for digital process and plant validation in COMOS for the pharmaceutical industry
- Efficient data handling across all disciplines - using a central database and object orientation
Siemens and J&K Technology, part of the J&K Group, announce the development of the new CVal software solution for COMOS. J&K Technology, a specialist in cGxP Compliance Services, has developed the CVal solution. CVal is a digital process and plant validation software for use in the pharmaceutical industry, based on the Siemens COMOS Plant Engineering software solution. This involves a wide range of different modules based on the COMOS platform and the COMOS Data Document Management System (DDMS). As a result, this digital application consistently creates greater data integrity, quality, coherence, and topicality.