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• HEEDS AI Simulation Predictor empowers organizations to take full advantage of the digital twin to optimize products through advanced state-of-the-art AI with built-in accuracy awareness
• Innovative, high-performing, designs can be produced faster by using knowledge and learnings from historical simulation studies
• Simcenter Reduced Order Modeling uses high-fidelity simulation or test data to train and validate AI/ML models to make predictions in fractions of a second

Siemens Digital Industries Software today set the benchmark for innovation in the field of engineering simulation with the launch of two groundbreaking solutions - HEEDS™ AI Simulation Predictor software and Simcenter™ Reduced Order Modeling software. These tools empower engineers to tackle the most complex challenges manufacturers face, delivering predictive performance with speed, precision, and efficiency.

• AWS IoT SiteWise Edge now available as application on Siemens Industrial Edge Marketplace
• Seamless integration of edge and cloud helps customers optimize industrial operations
• Collect, organize, and analyze Industrial Internet of Things (IIoT) data at scale to make better, data-driven decisions

AWS IoT SiteWise Edge is now available on the Siemens Industrial Edge Marketplace. From there, customers can deploy it on Siemens Industrial Edge for centralized app and device management and combine it with a variety of other apps and edge devices, from Siemens and other vendors, to configure an IoT solution for their specific challenges. AWS IoT SiteWise Edge is an on-premises software that is part of the Industrial IoT services portfolio of Amazon Web Services Inc. (AWS) and can collect, process, and monitor equipment data locally, even without an internet connection. 

• Strategic partnership aims to optimize investment and technical grid planning for customers
• Cooperation addresses evolving needs of energy industry and supports transition to more sustainable future
• Complementary partnership is part of the Siemens Xcelerator ever-growing ecosystem of partners to accelerate digital transformation

Siemens Smart Infrastructure has today announced its collaboration with Copperleaf, a Canadian-based provider of asset investment planning software, growing its existing ecosystem of grid software partners. The strategic partnership aims to optimize investment and technical grid planning for customers, including transmission system operators (TSOs) and distribution system operators (DSOs), by combining the companies’ expertise. The shift to a decarbonized energy future requires these organizations to adopt a holistic approach to planning and optimization through strategic and operational considerations. The partnership is part of the Siemens Xcelerator ever-expanding ecosystem of partners. Siemens Xcelerator is an open digital business platform that enables customers to accelerate their digital transformation easier, faster and at scale

• Red Bull Ford Powertrains is using the Siemens Xcelerator portfolio of industry software to develop a new hybrid power unit for 2026 racing season
• Hybrid power unit specifications for the 2026 season require a more even split between Internal Combustion Engine (ICE) and electric power

Siemens Digital Industries Software announced today that Red Bull Ford Powertrains has leveraged the Siemens Xcelerator portfolio of industry software to rapidly develop the next generation hybrid ICE/electric driven Power Unit (PU) for the Formula 1 2026 racing season. 

• Orders in fiscal 2023 rose 7 percent on a comparable basis to €92.3 billion (fiscal 2022: €89.0 billion)
• Revenue in fiscal 2023 grew 11 percent on a comparable basis to €77.8 billion (fiscal 2022: €72.0 billion)
• New record highs: Profit Industrial Business of €11.4 billion (fiscal 2022: €10.3 billion); profit margin Industrial Business climbed to 15.4 percent (fiscal 2022: 15.1 percent)
• Free cash flow for Siemens Group at record level of €10.0 billion (fiscal 2022: €8.2 billion)
• Net income nearly doubled to historic high of €8.5 billion (fiscal 2022: €4.4 billion)
• Increased dividend of €4.70 per share proposed (fiscal 2022: €4.25)
• Innomotics: Preparation of standalone options to be initiated
• Outlook for fiscal 2024: Siemens expects revenue growth of 4 percent to 8 percent on a comparable basis and basic earnings per share before purchase price allocation accounting, excluding the Siemens Energy Investment, of between €10.40 and €11.00

Siemens successfully continued its profitable growth trajectory and set multiple new records in fiscal 2023 (ended September 30, 2023). In a historic, record-breaking performance by Siemens’ operating business, revenue for the full year rose 11 percent on a comparable basis – excluding currency translation and portfolio effects – to the upper end of the company’s raised guidance (9 percent to 11 percent). The profit and profitability of the Industrial Business reached new record levels as did net income. Shareholders are also to benefit from the company’s outstanding performance. The Supervisory Board and Managing Board propose increasing the dividend from €4.25 in fiscal 2022 to €4.70 a share.

• Revenue rose 10% and orders grew 6% in the fourth quarter on a comparable basis, excluding currency translation and portfolio effects
• On a nominal basis, revenue was up 4%, at €21.4 billion, on record-high revenues in all industrial businesses, while orders came in level with the prior-year period, at €21.8 billion, for a book-to-bill ratio of 1.02
• Profit Industrial Business increased 7%, to €3.4 billion, the highest quarterly level ever; the profit margin was 16.5%
• Net income was €1.9 billion; for comparison, net income of €2.9 billion in Q4 FY 2022 benefited from a €1.1 billion pretax gain on the sale of the mail and parcel-handling business; corresponding basic earnings per share (EPS) were €2.17 and EPS before purchase price allocation accounting (EPS pre PPA) were €2.34
• Another excellent performance in cash generation resulted in €4.6 billion of Free cash flow for the Siemens Group
• In a historic operating performance for the full fiscal year, comparable revenue grew 11%, reaching the upper end of our raised guidance, and comparable orders increased 7%; on a nominal basis, revenue increased 8%, to €77.8 billion, and orders were up 4%, at €92.3 billion, for a book-to-bill-ratio of 1.19
• Fiscal 2023 Profit Industrial Business grew 11% year-over-year to a record-high €11.4 billion; net income nearly doubled to a historic high of €8.5 billion, corresponding basic EPS more than doubled to €10.04, and EPS pre PPA reached €10.77; we thus exceeded our guidance with EPS pre PPA of €9.93 excluding Siemens Energy Investment, which contributed €0.84 to EPS pre PPA; Free cash flow for the Siemens Group reached a record high of €10.0 billion
• Siemens proposes to increase the dividend from €4.25 a year earlier to €4.70 per share

• New Industrial Edge partnerships enable easy integration of machine vision into Siemens automation technology
• Improves product quality control and addresses labor shortages
• Basler cameras combined with Siemens automation portfolio create a standardized infrastructure for visual inspection also for TIA
• MVTec app on Industrial Edge facilitates end-to-end anomaly detection

Two industry leaders in machine vision and industrial image processing are independently joining forces with Siemens. As a result of the new partnerships, customers will be able to integrate machine vision applications directly into their existing automation technology. By combining their respective strengths, portfolios, and experience, it will be possible to offer plug-and-play machine vision solutions – aligned portfolio of automation and machine vision components consisting of hardware and software.

• Acquisition enables customers to more easily add design-specific reliability verification and analysis to integrated circuit (IC) design flows

Siemens Digital Industries Software announced today that it has completed the acquisition of Insight EDA Inc., an EDA software company delivering groundbreaking circuit reliability solutions to many of the world’s leading integrated circuit (IC) design teams. 

• Siemens intends to acquire 18% in Siemens Ltd. India for a purchase price of 2.1 billion euro
• Siemens and Siemens Energy will jointly propose to the Board of Directors of Siemens Ltd. India to separate the energy business by way of a demerger
• Simplification of corporate setup in one of the fastest growing and strategically important markets
• Siemens has agreed with Siemens Energy indirect financial measures totaling one billion euro to allow third parties to arrange guarantees for Siemens Energy

Siemens AG has taken measures to support the stability of Siemens Energy AG and accelerate separation in India – in the best possible interests of all parties. Specifically, Siemens intends to enter into a share purchase agreement with Siemens Energy to acquire an 18% stake in Siemens Ltd. India from Siemens Energy for a purchase price of 2.1 billion euro in cash. This would increase Siemens’ stake in the publicly listed Siemens Ltd. India from 51% to 69%, while Siemens Energy’s stake would decrease from 24% to 6%. With the intended acquisition, Siemens and Siemens Energy accelerate unbundling the business activities of the Indian subsidiary of Siemens. The purchase price reflects a customary discount of 15% on the 5-trading-days volume-weighted average price before the day of signing. Siemens will provide no new guarantees to Siemens Energy. 

• Aspern Smart City Research (“ASCR”) commissions Siemens to roll out new low-voltage software, LV Insights® X, to aspern Seestadt in Vienna
• LV Insights® X, part of the Siemens Xcelerator portfolio, will enable ASCR to create a digital twin of its distribution grid, enabling flexible network management
• The new software could reduce power outages by 30 percent

Siemens continues to enable its customers globally to accelerate the energy transition, most recently through the implementation of its low-voltage software to Aspern Smart City Research (“ASCR”) in Vienna. Using Siemens’ next generation grid management software, LV Insights® X, ASCR will be able to visualize the entire low-voltage network of aspern Seestadt, a part of Vienna. aspern Seestadt is one of Europe's largest urban development projects. With a digital twin, ASCR can identify critical segments, increase the usable capacity of its grid, and integrate more renewable energy without additional grid expansion, supporting their decarbonization efforts.