- Joint development of Munich Airport's digital future
- Siemens is using its IoT operating system MindSphere as a platform for new digital applications
Siemens and Munich Airport have forged a strategic partnership for digitalization in order to work on the airport's digital future together with further partners. Over the coming years, the partners want to use data analytics, Internet of Things (IoT) technologies and artificial intelligence to improve, for instance, the energy efficiency of airport buildings and the logistics for the baggage handling system. Plans also call for using these capabilities to make the time that passengers spend at the facility more pleasant. To meet these goals, Siemens is becoming a developmental partner for LabCampus, the major project for the airport's digital future. For the digital technologies, Siemens is using MindSphere, its open, cloud-based operating system for the Internet of Things.
- Framework agreement for restructuring at Power and Gas (PG) and Process Industries and Drives (PD)
- Cost reduction targets retained, job cuts unavoidable
- At the same time, a future pact for shaping the structural transformation
- Siemens establishes future fund for further qualification of employees
Following intensive exploratory talks, Siemens has reached an agreement with its Central Works Council and the IG Metall labor union regarding a future pact for the digital transformation. The pact defines the framework for the restructuring measures currently required at the Power and Gas Division (PG) and the Process Industries and Drives Division (PD) and is thus the basis for the negotiations that are now beginning regarding a reconciliation of interests and a social plan.
- Reconciliation of interests signed for Power and Gas Division and Process Industries and Drives Division in Germany
- Power and Gas to achieve cost savings of about €500 million worldwide, of which €270 million are to be saved in Germany
- Capacity and structure adjustments can now begin in Germany
Siemens and the company's Central Works Council have signed a reconciliation of interests based on the framework agreement reached in May. The goal is to increase the competitiveness of the Power and Gas Division (PG) and the Process Industries and Drives Division (PD). At PG alone, costs are to be reduced – as originally planned – by about €500 million worldwide, with €270 million of this amount to be saved in Germany. Around 2,900 jobs will be cut in Germany instead of the roughly 3,400 announced last November. This reduction in job cuts is due, above all, to the continuation of the location in Görlitz, Germany, and the retention of activities at the Dynamowerk, a Siemens production facility in Berlin. However, the measures are not restricted to capacity adjustments alone. Instead, they are primarily designed to achieve structural improvements and systematically sharpen the company's focus on the technologies of the future.
- Siemens partner company for Jugend forscht for third time
- Germany-wide competition to be held in Erlangen in May 2017
- Siemens to honor ten researchers for 558 inventions
Siemens is teaming up for the third time with the Stiftung Jugend forscht to host Germany's best-known youth competition. The company previously hosted the nationwide event in 1976 and 1997. This year's competition, the fifty-second, will be held in Erlangen, Germany, on May 25-28, 2017. The final winners will be selected by a jury from among the 200 winners of statewide contests and presented with their awards on May 28 by the German Minister of Education and Research.
- First Daughter learns about two-track training in Germany as follow-up to White House forum
- Siemens training around 12,000 young people worldwide
- 655,000 employees upskilling in e-learning modules
- Total investment of more than 500 million euro a year in training and continuing education
During her trip to Germany, Ivanka Trump, First Daughter and Assistant to the U.S. President Donald Trump, visited Siemens' training center in Berlin. Accompanied by Joe Kaeser, President and CEO of Siemens AG, she talked to trainees and teachers at the facility to find out more about Germany's two-track training system. Ivanka Trump's visit to Berlin followed a roundtable on vocational education and workforce development that she hosted with German Chancellor Angela Merkel at the White House in March. At the event, Joe Kaeser, who was among the participants, made several commitments to President Trump regarding U.S. workforce development, including for example leading an industry effort to significantly expand apprenticeship programs in the United States.
- Structural changes in markets for Power and Gas Division and Process Industries and Drives Division make consolidation of global setup necessary
- Reduction of about 6,900 jobs worldwide, half of them in Germany
- Increased investments in future growth markets offer opportunities
Siemens is responding to the rapidly accelerating structural changes in the fossil power generation market and the commodity sector. A consolidation plan for the Power and Gas Division (PG), the Power Generation Services Division (PS) and the Process Industries and Drives Division (PD) aims to increase capacity utilization at production facilities, drive efficiency and enhance expertise by bundling resources.
- Cedrik Neike and Michael Sen appointed to Managing Board of Siemens AG
- Roland Busch to head research and development as CTO and Corporate Development (CD)
- Lisa Davis to head the U.S. business in addition to her current Managing Board duties
Siemens AG has appointed Cedrik Neike and Michael Sen to its Managing Board. The company is also reorganizing responsibilities within the board. These steps will rejuvenate the Siemens Managing Board and lay the basis for accelerating the implementation of Vision 2020.
- Bronze sculpture created by Georg Baselitz graces atrium of new head-quarters
- Sculpture group "The Wings," created by Daniel Libeskind, links Siemens locations in Munich, Berlin and Erlangen
Visitors arriving at the new Siemens headquarters in Munich will be greeted by the impressive sight of the bronze sculpture "Schwesterngruppe" (Group of Sisters), created by Georg Baselitz. Freely accessible to the public, the sculpture forms part of the company's new, open building concept. Georg Baselitz himself says of his work: "What you see is memory on a monumental scale: in this case, my sister and her friends walking arm-in-arm across the village square. The tradition of the Three Graces, from Ancient Greece via Botticelli to the present day, is one of the themes of this work. To the best of my knowledge, there has never been a group of figures with interlinked arms in the history of sculpture."
Hermann O. Franz, Chairman of the Supervisory Board of Siemens AG from 1993 to 1998 and longtime member of the company's Managing Board, died on October 7, 2016 at the age of 87.