We released our third quarter results for fiscal year 2017 on August 3, 2017. The Conference Call for journalists and the Analyst Call were broadcast live.
Siemens and The AES Corporation announced on July 11, 2017 their agreement to form a new global energy storage technology and services company under the name Fluence. The joint venture will deliver the Advancion and Siestorage energy storage platforms and will continue to develop new storage solutions and services. Fluence will empower customers around the world to better navigate the fragmented but rapidly growing energy storage sector and meet their pressing needs for scalable, flexible, and cost-competitive energy storage solutions. Its global headquarters will be located in the Washington, DC area with additional offices located in Erlangen, Germany and other cities worldwide. The transaction is expected to close in the fourth quarter of calendar year 2017, subject to regulatory and other approvals.
- Special coating on windowpanes significantly improves reception
- Rhein-Ruhr Express first train worldwide with the new technology
- Maintenance-free, cost-effective solution
The Rhein-Ruhr Express (RRX), a train for Germany's Rhine-Ruhr metropolitan region, will be the world's first train in series production to feature a new radio-frequency windowpane solution from Siemens that massively improves mobile phone reception in trains. The new windows on the RRX will allow radio waves to pass through up to 500 times more easily than is the case with conventional thermal insulation glazing. As a result, passengers will be able, for the first time, to surf the Internet and make telephone calls freely without the need for special cellular-signal amplifiers (in-train repeaters). Train operators will also profit from the new technology: in new vehicles, the windowpane solution is significantly more cost-effective than installing in-train repeaters.
- Powered by MindSphere – Siemens' cloud-based open IoT operating system, the Hub will drive digitalization in the country
- Team of up to 300 digitalization experts by 2022
- Development of new digital applications for companies in Southeast Asia, three cooperation agreements signed today
To address the substantial opportunities in urbanization and industrialization that are rapidly arising in Asia, Siemens will be setting up a Digitalization Hub in Singapore. At this Hub, Siemens will develop innovations for the Internet of Things (IoT) and Industrie 4.0 in collaboration with its customers in Southeast Asia. Supported by the Singapore Economic Development Board (EDB), the Hub will also complements the county's efforts to become a Smart Nation, because Siemens will be using its IoT operating system MindSphere - to drive digitalization in Singapore.
Singapore and Siemens aim to join forces in a drive to make the Southeast Asian city-state a "smart nation." As a result, Singapore will be the first country in the world to pilote MindSphere – Siemens' open, cloud-based operating system for the Internet of Things – to digitalize its infrastructure as much as possible. Siemens is supporting this master plan by setting up a digitalization hub. The hub was inaugurated on July 11, 2017 in parallel events in Singapore and at Siemens' headquarters in Munich: Armin Bruck, CEO of Siemens Singapore, opened the hub in Singapore while Singapore's Prime Minister Lee Hsien Loong and Joe Kaeser, President and CEO of Siemens AG, signed a symbolic plaque in Munich. At the Digitalization Hub, Siemens will develop and offer new digital applications.
- Siemens cooperates with Chinese government in digital manufacturing, innovation and technology applications
- Memorandum of Understanding signed in presence of German Chancellor Angela Merkel and Chinese President Xi Jinping
- Strategic partnership with Chinese enterprises in industrial Internet of Things (IoT) and intelligent manufacturing
Siemens has entered into agreements with the Chinese government and Chinese enterprises to continue joint activities for exploring the potential of digitalization and for supporting measures to upgrade and transform China's industrial sector. The documents were signed today in Berlin in the presence of German Chancellor Angela Merkel and Chinese President Xi Jinping.
After a six-year project period, including three years of construction work, the new Siemens headquarters building in Munich opened its doors on June 24, 2016. With about 45,000 square meters of aboveground floor space, the company has created a modern, inspiring work environment for about 1,200 employees. Environmental friendliness and energy efficiency play a key role here: the new building meets the world's highest sustainability standards. In 2010, Siemens and the city of Munich officially announced the launch of this innovative construction project and organized an architectural competition. The winning design, which was developed by the Danish architectural firm Henning Larsen Architects, skillfully combined tradition with the future. The historic Ludwig Ferdinand Palais and its adjacent building were renovated and seamlessly integrated into the new cutting-edge headquarters. Ever since the building opened in the summer of 2016, its ground floor and inner courtyards – with trees, a café, a restaurant and a water feature – have been publicly accessible. The new Siemens passageway creates a pedestrian corridor enabling Munich residents and visitors to stroll between the Bavarian capital's historic center and its museum district. The project was implemented by Siemens Real Estate, which is a leading corporate real estate company and is responsible for all of Siemens' real estate activities.
- Strong link between two top international brands
- Siemens also a Premium Partner for the FC Bayern basketball team
- Three-year partnership to begin at start of 2017/2018 season
Siemens will become an official "Performance Partner" for the FC Bayern Munich soccer and basketball teams at the start of the new sports season. The partnership will begin on July 1, 2017, and continue until June 30, 2020. FC Bayern Munich's Allianz Arena and Audi Dome are already equipped with a large number of Siemens solutions. At the start of the new season, the two partners intend to work together on concrete, forward-looking solutions, technologies and digital products. The results of this partnership are to provide FC Bayern Munich and its fans with unforgettable sporting excitement in the future, too. Plans call for increasing the share of Siemens systems in and around the Allianz Arena as well as at the offices and training facilities on Säbener Strasse in Munich. Software- and cloud-based services in the areas of power engineering, building technology, safety and security technologies as well as intelligent mobility solutions for local public transportation and traffic management systems, in particular, will play a major role in the collaboration.
- Robin Zimmermann to head global media relations, effective August 1, 2017
- Philipp Encz and Alexander Becker with new roles in Munich and Washington, D.C.
- Dennis Hofmann and Oliver Santen to leave the company
Robin Zimmermann (46) has been appointed to head Siemens' global Media Relations Department, effective August 1, 2017. Dennis Hofmann (44), currently responsible for internal and external corporate communications, is leaving his position, effective August 1, 2017. He will continue to serve the company in an advisory capacity for a transitional period.
Under the motto "Future – it's my creation." Siemens teamed 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, took place in Erlangen, Germany, on May 25-28, 2017. The final winners were 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.