- Launches SIBushing as smart and intelligent cable connection bushing, together with SICAM FCM plus short circuit and earth fault indicator
- Complements SIPROTEC 5 series with the 7SY82 universal protection device with Low Power Instrument Transformer (LPIT) inputs
- Designed with sustainability at their core, the portfolio additions offer an intelligent solution for switchgear of the future
Siemens Smart
Infrastructure has expanded its industry-leading medium voltage portfolio with
a sustainable and intelligent solution that paves the way for smart switchgear
of the future. Due to its conformity with the
instrument transformer standard IEC 61869, the SIBushing can be connected to the SICAM FCM plus (Feeder Condition
Monitor), a multi-functional, short-circuit and earth-fault indicator which
uses detection algorithms to indicate the direction of the cable fault. Applicable
for medium voltage distribution systems up to 36kV, the SICAM FCM plus with
SIBushing delivers unrivaled transparency and high-precision measurement of
distribution systems, resulting also in the consumption of significantly less
power, compared to conventional instrument transformer technologies.
In the
context of regular assessments at the end of the second quarter of fiscal 2023,
Siemens AG announces an impairment reversal of its investment in Siemens Energy
AG (SE) which will increase the investment book value. Siemens Energy AG's
Xetra closing share price of €20.24 on March 31, 2023, is significantly higher
than the closing share price of €13.99 on June 30, 2022, when Siemens reported
an impairment of the Siemens Energy AG investment. This results in an
impairment reversal, at the end of second quarter of fiscal 2023 ending today,
with a non-cash income effect after tax of €1.59 billion not part of the
outlook for the current fiscal year.
Financial results for the second quarter are scheduled to be published
on May 17, 2023.
- The project will enhance the University’s research capabilities to develop and use AI and robotics to inspect and maintain solar arrays
- The array is expected to be fully operational by July and will enable the University of York’s Institute for Safe Autonomy to become energy self-sufficient.
The University
of York has appointed Siemens to design and deliver a solar array located at
the University’s new Institute for Safe Autonomy (ISA) as part of a £1.5
million research project. Funded through the UK Research Partnership
Investment Fund (UKRPIF), the project will enhance the Institute’s research
capabilities to develop and use AI and robotic systems to inspect and maintain
solar arrays.
- Research report explores how
the Industrial Metaverse will help businesses and economies become more
efficient, resilient, and sustainable.
- Report points out how
decision-makers can enable the Industrial Metaverse and harness its potential.
- Industrial Metaverse market is
estimated to increase nearly 10 times by 2030, according to ABI Research.
- Siemens Xcelerator digital
business platform will play a crucial role in leveraging the potential of the Industrial
Metaverse.
Siemens and
MIT Technology Review have embarked on collaborative research to explore the development
and opportunities of the rapidly developing Industrial Metaverse. The result of
this collaboration is a comprehensive report about the potential of The
Emergent Industrial Metaverse, which compiles the most recent research in
the field and includes interviews with leading technologists, industry
analysts, business leaders, and researchers. It is available free of charge as
of March 29 (link: https://sie.ag/MITIMV).
MIT Technology Review together with Michael Grieves, Executive Director of the
Digital Twin Institute, and Peter Körte, Chief Technology Officer and Chief Strategy
Officer of Siemens will bring these scenarios to the virtual stage on March 30
during a live-streamed webcast (link: https://www.linkedin.com/events/7044023667751571456).
A recording will be available afterwards.
- Siemens ranks as No. 1 German
company, and No. 6 overall, in European Patent Office’s patent rankings
- Twenty-one inventions per working day
in fiscal 2022
- Number of patent applications from
Siemens remains steady despite external challenges
- Growth areas contribute to Siemens
Xcelerator and provide solutions for digital transformation
Siemens filed precisely 1,735 patent applications with the European Patent Office in 2022 – more than any other company in Germany. This figure puts Siemens in sixth place in the patent-application rankings. The inventors who work at Siemens lay the foundation for progress and generate long-term benefits for customers and society.
- More than 200 candidates from six continents
- Conducting competition prize includes position of Assistant Conductor to Sir Mark Elder CH CBE, the Hallé Orchestra's Music Director, and directorship of the Hallé Youth Orchestra
- Final was held as a public event for the first time in Manchester's Bridgewater Hall in the UK
Euan Shields from the U.S. has won the Siemens Hallé
International Conductors Competition 2023. The 24-year-old emerging conductor demonstrated
his talent to the seven-strong jury at yesterday’s final held at the
Bridgewater Hall in Manchester, United Kingdom. At the three-day competition, Shields
came out on top among a pool of more than 200 conductors from six continents.
The international conducting competition sponsored by Siemens and the Hallé
Orchestra took place for the first time in 2020 and was held for the second
time in March 2023.
- Project on Terceira handed over to Portuguese energy company EDA – Electricidade dos Açores
- Software from Siemens Xcelerator portfolio and 15 MW battery storage boost share of renewables, improve flexibility and resilience of power grid
- Expected annual CO2 savings of more than 3,600 tons
Siemens Smart Infrastructure,
in partnership with Fluence, a market leader in energy storage established in
2018 by Siemens and AES, has successfully
completed and handed over a sustainable energy project on the Azores island of
Terceira to the Portuguese
energy provider EDA – Electricidade dos Açores. The project combines software
that forecasts energy consumption and production with
a powerful battery-based energy storage system, allowing for greater and more reliable
integration of renewable energy sources such as wind or solar into the power
grid. This combination is expected to reduce CO2
emissions by more than 3,600 tons per year.
The Spectrum Power Microgrid Management System (MGMS)
software implemented for EDA is part of the
Siemens Xcelerator portfolio which supports the digital transformation of power
utilities worldwide.
- Siemens invests 30 million euros in its switchgear plant in Frankfurt-Fechenheim
- Construction of intelligent high-speed warehouse, expansion of the production area and investments in machines and production lines
- Expansion of the fluorine gas-free, gas-insulated product portfolio
- 200 new jobs and additional investment in employee training program
Siemens is
investing 30 million euros to expand its switchgear plant in Frankfurt-Fechenheim.
A smart, fully automated high-speed warehouse and a 1,200 square-meter
extension to an existing hall are being built on the 160,000 square-meter site.
For years, the plant has been experiencing steady growth in incoming orders and
is working at its capacity limit. The additional
production area will support a third assembly line for switchgear, boosting the
site and creating new jobs in the region. Sustainability is an essential
consideration: The plant is expanding its production of environmentally
friendly medium-voltage switchgear, and the two new buildings will have roofs
with photovoltaic systems. At today’s groundbreaking ceremony, Martin Betzmann,
Site Manager of the Frankfurt-Fechenheim switchgear plant, Stephanie Wüst,
member of the city council and Head of Economic Affairs of the city of
Frankfurt am Main, Stephan May, CEO of Electrification & Automation at
Siemens AG, and Steffen Rümmler, Head of the German Business at Siemens Real
Estate, symbolically opened the construction site.
- Connect Box, part of Siemens Xcelerator, connects, monitors and operates small to medium-sized buildings
- Easy integration of wireless and wired devices into existing building automation systems, building management systems (BMS) or cloud applications
- Increases building operations efficiency, reduces energy consumption and meets regulatory requirements for sustainable and healthy buildings
Siemens Smart Infrastructure has launched
Connect Box, an open and easy-to-use IoT solution designed to manage small to
medium-sized buildings. The latest addition to the Siemens Xcelerator
portfolio, Connect Box is a user-friendly approach for monitoring building performance,
with the potential to optimize energy efficiency by up to 30 percent and to substantially
improve indoor air quality in small to medium sized buildings such as schools, retail
shops, apartments or small offices. Siemens Xcelerator is an open digital business
platform that enables customers to accelerate their digital transformation
easier, faster and at scale.
-
End-to-end
portfolio of low- to high-voltage motors, geared motors, medium-voltage
converters and motor spindles
- Operational
headquarters in Nuremberg, Germany, with around 14,000 employees worldwide and
revenue of approximately €3 billion
- Effective
July 1, 2023, Innomotics will operate in Germany as a legally separate,
wholly owned subsidiary of Siemens AG. The global carve-out is on track; to
be largely completed by October 1, 2023
- Innomotics’
management team will comprise Michael Reichle (CEO), Christoph Salentin (CFO)
and Hermann Kleinod (CTO)
A new, leading
motors and large drives company will be called Innomotics. Under this name,
Siemens is combining its business activities in the areas of low- to
high-voltage motors, geared motors, medium-voltage converters and motor
spindles. The portfolio includes an innovative solutions and digitalization
portfolio and a broad range of service offerings. The related businesses were
previously assigned to the units Large Drives Applications and Digital
Industries and to the legally separate Siemens companies Sykatec and Weiss
Spindeltechnologie.