- Continuing growth momentum and very good results in Q1
- Revenue up 8 percent on a comparable basis to €18.1 billion
(Q1 2022: €16.5 billion)
- At €22.6 billion, orders at a high level (Q1 2022: €24.2 billion)
- Profit Industrial Business at €2.7 billion – a 9 percent increase and at a record level in Q1 2023 (Q1 2022: €2.5 billion)
- Net income of €1.6 billion (Q1 2022: €1.8 billion)
- Guidance raised: Siemens now expects comparable revenue growth in the range of 7 percent to 10 percent (previously expected at 6 percent to 9 percent) and an increase in basic EPS pre PPA to a range of €8.90 to €9.40 (previously expected at €8.70 to €9.20)
Siemens started
fiscal 2023 (to December 31, 2022) with a strong performance and maintained its
continuing growth momentum with very good results in Q1. The company leveraged
growth opportunities in its key markets despite a still complex macroeconomic
environment. Following the strong start in fiscal 2023, Siemens raises its
outlook for fiscal 2023. For the Siemens Group, the company now expects
comparable revenue growth, net of currency translation and portfolio effects,
in the range of 7 percent to 10 percent (previously expected at 6 percent to 9 percent)
and continues to expect a book-to-bill ratio above 1. Furthermore, Siemens now
expects this profitable growth of its industrial businesses to drive an
increase in basic EPS from net income before purchase price allocation
accounting (EPS pre PPA) to a range of €8.90 to €9.40 (previously expected at
€8.70 to €9.20) in fiscal 2023.
- Founded as a courtyard workshop in Berlin on October 1, 1847
- Around four million people employed worldwide to date since 1847
- Current global market leader in automation, electrification, digitalization and transportation
- Celebration in Berlin with German Federal Chancellor Olaf Scholz
On October
12, 1847, Siemens started operations as a small factory workshop with ten
employees manufacturing pointer telegraphs, in a courtyard tucked away behind a
building on Schoeneberger Strasse in Berlin. Now, 175 years later, Siemens has more
than 300,000 employees around the world and, with around €62 billion in annual
revenue, is one of the world’s largest technology powerhouses. On
October 1, 1847, 11 days before operations began, Werner von Siemens and
precision mechanic Johann Georg Halske had completed the company’s official
founding. Today, October 12, 2022, Siemens is marking its 175th birthday with a
celebratory event at the Schaltwerk factory in the Siemensstadt section of
Berlin. German Federal Chancellor Olaf Scholz, together with numerous guests
from the realms of politics, business and academia will join the anniversary event.
- This year's trade fair slogan "Digital Enterprise – Thinking industry further!"
- Roadmap for the factory and process automation of the future
- Scalable concept up to the MindSphere IoT operating system leads to renaissance on the shopfloor
- Enhanced portfolio: cutting-edge technologies such as artificial intelligence and Edge computing increase productivity and flexibility
At Hannover Messe, Siemens is presenting numerous additions to its Digital Enterprise portfolio for the next level of digital transformation in the discrete and process industries: "Through the integration of cutting-edge technologies into our portfolio, we can help industrial companies to benefit from rapidly growing data volumes in new, wide-ranging ways. With the use of technologies such as artificial intelligence, Edge computing and additive manufacturing, we are paving the way for the future of industry. We are also rethinking process control technology and introducing the innovative web-based Simatic PCS neo process control system," Klaus Helmrich, Member of the Managing Board of Siemens AG and CEO of Digital Industries, explains at the press conference for the Hannover Messe on April 1. Under the slogan "Digital Enterprise – Thinking industry further!" Siemens demonstrates how companies of any size can use industry-specific solutions to increase their flexibility and productivity and to develop new business models. "Innovation partnerships between large companies and SMEs are just as essential as cooperation between business, science and politics," Klaus Helmrich notes.
- Digitalizing and structuring organizational knowledge through knowledge graphs
- Building towards enriched and contextualized IoT-data service provision and AI-leveraged user self-service experience through chatbots
- Transforming today’s customer service processes and democratizing accessibility of organizational knowledge
In times of digital transformation, servicing drive systems with fully enabled access to all related data becomes a critical capability for ensured customer satisfaction and efficient business processes. One of the key levers to accomplish this resides in the transactional availability and exploitability of organizational knowledge in any form over their product-lifecycle of drive systems to facilitate collaboration, answer technical or commercial questions, expedite evidence-based decisions and back-up triggered operational activities.
Siemens turns ski lifts into high-tech systems
- Together with customers and partners including Sony, AWS, Red Bull Racing, Unlimited Tomorrow, and Blendhub, Siemens highlights how technology is transforming the everyday
- Siemens partners with Sony to introduce new solution for immersive engineering that combines Sony head mounted display with Siemens Xcelerator software
- AWS and Siemens to make generative AI more accessible to application developers through combination of AWS Bedrock and Mendix Low-Code platform
- Siemens enhances Siemens Xcelerator open business platform with new capabilities to combine real and digital worlds and drive digital transformation across industries
Siemens
unveiled innovations that are combining the real world and the digital worlds
to redefine reality as it opened CES 2024, the world’s leading technology gathering.
Siemens announced new partnerships and breakthroughs in AI and immersive
engineering to enable the industrial metaverse, and highlighted how these
technologies are empowering the world’s innovators to thrive using its open
digital business platform, Siemens Xcelerator.
- Groundbreaking in Berlin for Siemensstadt Square “district of the future”
- Global blueprint for scalable urban brownfield development with
technologies from Siemens Xcelerator platform
- End-to-end digital twin combines all levels of the city: campus, building and
energy
- Comprehensive energy design and Europe’s largest wastewater heat
exchanger of its type to enable net zero
- Living space for up to 7,000 people, up to 20,000 additional jobs and
digitalization of industrial production to make district fit for the future
- By 2035, Siemens to invest €750 million and develop Siemensstadt Square
into a hub for partnerships with total project volume of up to €4.5 billion
In the presence of German Chancellor Olaf Scholz and the Governing Mayor of Berlin, Kai Wegner, Siemens today held the groundbreaking ceremony in Berlin for one of Europe’s largest urban development projects. Around 35,000 people will live and work at Siemensstadt Square, which will have an area of roughly 188 acres and floorspace of more than a million square meters. The project is a blueprint for the effective design of urban brownfield development projects and industrial transformation worldwide. Digital technologies from the entire Siemens Xcelerator platform – from an end-to-end digital twin to artificial intelligence (AI) – will make the district livable and fit for the future.
- Siemens Xcelerator comprises a curated portfolio, a growing partner ecosystem and an evolving marketplace to speed up value creation across industry, buildings, grids and mobility
- Curated portfolio of IoT-enabled hardware, software and digital services following key design principles of interoperability, flexibility, openness and as-a-service
- Launch of new Building X end-to-end smart building Software-as-a-Service (SaaS) suite
- Planned acquisition of Brightly Software will accelerate growth in digital buildings complementing Siemens’ smart building portfolio
- Partner ecosystem grows through industrial metaverse partnership with NVIDIA for physics-based, immersive digital twin development
- Reaffirms Siemens’ ten percent compound annual growth targets for digital business
Siemens AG
has launched an open digital business platform, Siemens Xcelerator, to
accelerate digital transformation and value creation for customers of all sizes
in industry, buildings, grids and mobility. The business platform makes digital
transformation easier, faster and scalable. Siemens Xcelerator includes a
curated portfolio of internet of things (IoT) enabled hardware, software and
digital services from across Siemens and certified third parties; a growing
ecosystem of partners; and an evolving marketplace to facilitate interactions
and transactions between customers, partners and developers.
Using less resources and emitting less CO2, but also being profitable -
this is what Siemens is out to do for its customers at speed and scale with its
digital business platform Siemens Xcelerator. Digital business is one of
Siemens’ key growth drivers today. The ecosystem of Siemens Xcelerator and with
it its curated portfolio is ever expanding.