Luna Rossa Prada Pirelli America's Cup Team relies on Siemens Xcelerator Portfolio
- 18 Siemens inventions per workday in
fiscal 2022
- Inventions range from bionic metro
systems to empathetic chatbots
- €5.6 billion invested in research
and development
Every year, Siemens recognizes its outstanding researchers and
developers as Inventors of the Year in five categories: Newcomers, Open
Innovation, Outstanding Invention, Lifetime Achievement, and Design and User
Experience. These prize-winning inventors are continuing a Siemens tradition
that began 175 years ago. Their inventions benefit both society and the economy
by enabling people to travel more sustainably, by making industry smarter and
more efficient or by improving therapeutic methods. Sixteen Inventors of the
Year for 2022 were honored today. They hail from Germany, Hong Kong, India,
Canada, Lebanon, Austria, Poland and Scotland. Details on the prize-winning inventions
and the people behind them are available at: www.siemens.com/inventors.
- Annual Shareholders’ Meeting to be held
in virtual format on February 9, 2023
- Dr. Regina E. Dugan (Wellcome Leap
Inc.), Keryn Lee James (former CEO of the ERM Group, and expert for
sustainability) and Martina Merz (thyssenkrupp AG) nominated for election to
Supervisory Board
- Reelection of four other Supervisory
Board members proposed:
Dr. Werner Brandt (Chairman of the Supervisory Board of RWE AG),
Benoît Potier (Chairman of the Board of Directors of ĽAir Liquide S.A.),
Dr. Nathalie von Siemens (member of supervisory boards) and
Matthias Zachert (Chairman of the Board of Management of LANXESS AG)
- Michael Diekmann, Dr. Norbert Reithofer
and Baroness Nemat Shafik to leave Supervisory Board
- Supervisory Board and Managing Board propose increasing dividend to €4.25,
up from €4.00 in prior
year
Siemens AG
today published the notice for its next ordinary Annual Shareholders’ Meeting
on February 9, 2023. The Managing Board of Siemens AG has decided, with
Supervisory Board approval, that the Annual Shareholders’ Meeting will again be
held as a virtual event. In addition, the Supervisory Board has proposed the election
of three new members. Approval from the Annual Shareholders’ Meeting for all of
the Supervisory Board’s election proposals would mean that, in the future, half
of the ten shareholder representatives on the Supervisory Board would be female.
As part of its sustainability commitments, the company will, for the first
time, offset the carbon emissions caused by sending nearly a million
invitations.
- Siemens
to supply Advanced Distribution
Management System (ADMS) and smart metering infrastructure
- Purchaser is North Delta Electricity Distribution
Company (NDEDC), which serves
customers in Damietta, a city in the Nile delta
- Implementing state-of-the-art software will
increase efficiency, stability and reliability of the power grid while reducing electricity distribution losses
- Order volume about EUR 40
million
Siemens
has been awarded a new contract to establish a distribution management
system and advanced metering infrastructure for North Delta Electricity
Distribution Company (NDEDC). As a subsidiary of the state-owned utility Egyptian
Electricity Holding Company (EEHC), NDEDC is responsible for the distribution
network of the Daqahleya, Damietta and Kafr El-Sheikh governorates and serves
about 4.5 million electrical subscribers. Siemens will be implementing an ADMS
control center for the Damietta region. This project
is funded by the Japanese International Cooperation Agency (JICA) and has a
value of about EUR 40 million and is known as Lot 3. Siemens already received an order with a similar scope for Egypt´s Alexandria
region in September 2022.
- Approximately 46 percent CO2
reduction in own operations since 2019
- Ambitious targets: 55 percent
physical CO2 reduction by 2025 and 90 percent by 2030
- Approximately 150 million tons
customer emissions avoided with Siemens’ products and solutions sold in FY 2022
- €650 million investment for own
decarbonization by 2030
- €280 million investment for training
and continuing education of own workforce in 2022
Siemens has
been a pioneer in sustainability for many years and is continuing to accelerate
its commitments. With the publication of its Sustainability Report covering
environmental, societal and corporate governance (ESG) for fiscal 2022, the
company announced new, more ambitious targets for its own decarbonization as
well as extensive investments. Siemens also disclosed the customer emissions avoided
through its products and solutions sold in 2022, approximately 150 million
tons, based on an updated future impact calculation methodology in accordance
with the principles outlined in the Greenhouse Gas (GHG) Protocol Reporting
Standard.
- Siemens to bundle qualification programs for technical training and continuing education in new, Germany-wide SiTecSkills Academy
- Certified continuing education offerings to strengthen employability in digital transformation
- Academy to advise Siemens’ units and partners on concrete, demand-oriented qualification measures
- SiTecSkills Academy to also be open for external partners
Siemens is launching an academy for continuing education that will focus on technical up- and reskilling. At 19 regional training centers across Germany, the SiTecSkills Academy will make a comprehensive, certified portfolio of qualification measures available in new areas of digitalization and sustainability. This initiative aims to enhance employee skillsets to meet the requirements of the digital transformation within the work environment. The Academy primarily aims to provide training to employees in manufacturing, service, sales, finance, controlling and business support functions. In doing so, the SiTecSkills Academy supplements the portfolio offered by the Siemens Professional Education training unit by providing targeted occupational and technical learning opportunities. Thus, the Academy seamlessly fits into Siemens’ existing continuing education offerings. The new aspect is that this offering is available to both internal and external partners within the learning ecosystem.
The sale of Siemens
Commercial Vehicles business to Meritor closed successfully on November 30.
In May 2022, Siemens had announced the contract signing to sell Commercial
Vehicles business to Meritor, Inc. for a purchase price of around €190 million
(Enterprise Value).
- Reyrolle 7SR46 provides protection, control, monitoring, instrumentation, and metering
- Dual powered overcurrent and earth fault protection for medium voltage applications
- High-performance protection from a cost-effective and user-friendly protection relay
Siemens is expanding its family of Reyrolle protection devices with the
launch of the 7SR46. Complementing an extensive portfolio of protection relays
for distribution and industrial grids, the primary application for the Reyrolle
7SR46 is to provide overcurrent and earth fault protection in medium voltage
distribution transformer stations. Mounted in a ring main unit, the protection
device detects cable faults on the network and operates quickly to disconnect
the fault. The 7SR46 dual powered protection relay is to be showcased at Enlit Europe, taking place in Frankfurt
from November 29 to December 1.
As the energy sector
races to meet the deadlines of the Paris Agreement, Europe is currently facing
an energy crisis: possible gas shortages, enormous energy costs and the
challenge of keeping the grids stable even in uncertain times.
Grid operators everywhere are looking for the best strategic approach to
speeding up their energy transition towards sustainability while at the
same time ensuring stability. But where – and how – to start?
There is no time to
waste: The increasing complexity of managing electrical grids needs fast
and sustainable answers, from planning through operations to
maintenance. The key to managing this intricacy is the convergence of
operational technology (OT) and information technology (IT). By embracing
this new way of solving grid issues, power utilities are
able to turn complexity into competitive advantage – easy, fast and
at scale.
Siemens Smart
Infrastructure is leading the change. To get a glimpse of the involved
technologies, and partners, visit us on ENLIT 2022 in Frankfurt, starting Nov
29th until Dec 1st.
As every year there
will be keynote speeches, HUB sessions, product presentations, and most
importantly: think tanks to enable participation when it comes to tackling the
most pressing energy issues.
- OverIT is a leading provider of field service management software
- Advanced field service management complements the modular Grid Software Suite to create a holistic digital twin of the grid
- Field service management is business-critical for utilities
- Complementary product partners are part of the Siemens Xcelerator strategy to create an ecosystem of partners
Siemens
Smart Infrastructure has partnered with OverIT, the global leader in field
service management, to expand its ecosystem of partners for its grid software
business. Headquartered in Italy, OverIT offers a software solution to boost
productivity in workforce management and create data analytics to track, calculate and analyze
field service operations. This partnership further strengthens the Siemens
Grid Software portfolio ecosystem, enabling exponential growth in distributed renewable
energy by integrating information from all essential parts of the converging
OT/IT landscape.