Siemens AG has been recognized by the Strategic Account Management Association (SAMA) for its successful customer management program. Siemens CEO Peter Löscher accepted the award for the best key account management program, in Orlando, Florida. "Proximity to our customers is decisive for our business success. I myself spend more than half my time with customers," said Löscher. Regarding the award, SAMA President and CEO Bernhard Quancard explained, "Siemens impressed us with its ongoing cultivation of customer relationships, its fostering of promising and talented sales employees and its practical implementation of customer proximity at the Managing Board level."
Siemens AG plans to expand its market share in emerging markets, with all Divisions growing faster than their markets in these countries over the next five years. Strong economic growth in the emerging markets is creating enormous demand for solutions in the areas of power generation and transmission, healthcare and sustainable urban and industrial infrastructures. To leverage these business opportunities, Siemens has considerably expanded its presence in the emerging markets. "The emerging markets are still the growth engines of the global economy. With its strong local presence and the right products, Siemens is excellently positioned to capture an above-average share of the growth taking place in these markets," said Siemens Managing Board member Roland Busch at the Capital Market Day in Shanghai. "To expand our leading position, we're driving the development of products for emerging markets and further expanding our local value creation," he noted.
Rio de Janeiro is one of the most iconic cities in the world, but for some decades, especially after losing its post as the national capital in 1960, it has suffered with lack of safety, economic and social problems. But in recent years it has been thriving again and now is on the right track to become a sustainable and innovative gateway to Latin America and a model for large cities in the region. This is one major conclusions drawn from the study "Pictures of the Future Rio 2030-2040", a future scenario of the city of Rio de Janeiro. Some of the first conclusions of this exclusive study, which should be finalized in November, were disclosed today, June 18th, by Siemens Brazil CEO, Paulo Stark during a presentation at the Urban Summit, a side event organized by UN-Habitat, United Cities and Local Governments (UCLG) and the Prefeitura of Rio de Janeiro.
Siemens AG intends to be a leading participant in the dynamic growth of cities and infrastructure investments. To achieve this, the company is founding a fourth Sector – Infrastructure & Cities – that will be comprised of selected businesses from the Industry and Energy Sectors. In the future, the Industry Sector will concentrate exclusively on industry customers and reinforce its industry and service business. “We are orienting Siemens toward technology leadership in a broad spectrum of energy-efficient solutions for cities and industries. With this move, we intend to top the €100-billion mark in business volume in the next few years,” said Siemens President and CEO Peter Löscher. In addition, Siemens is planning an initial public offering (IPO) for its subsidiary Osram in the fall of 2011. This step will give Osram full entrepreneurial freedom to secure and further expand its leading position in a lighting market being swept by technological change. The Supervisory Board of Siemens AG gave its approval for the IPO at an extraordinary meeting on March 28.
From April 4 to 8, Siemens is showcasing its urban solutions expertise for visitors to the Hannover Messe. With the help of selected lighthouse projects, the company is demonstrating, among other things, how smart grids can interact with intelligent building systems and how urban traffic flows can be optimized. Siemens' activities in the areas of smart grids, power distribution and mobility solutions are all part of its newly established Infrastructure & Cities Sector. "Cities are a key growth market for the future. As an integrated technology company, we're already better positioned than any other company to meet the demand for sustainable urban infrastructures," said Roland Busch, member of Siemens' Managing Board and CEO of its Infrastructure & Cities Sector, in Hanover, Germany. "At this trade fair, we're showcasing innovations that can make tomorrow's cities ecofriendlier and more livable."
In the second quarter of fiscal 2011, Siemens achieved broad-based growth and increased new orders 28 percent year-over-year. Revenue climbed seven percent. All Sectors and regions contributed to growth in both orders and revenue. Income from continuing operations more than doubled due to a strong improvement in operating profit and proceeds from the sale of Siemens' 34 percent stake in Areva NP. "We've achieved outstanding, broad-based orders growth. We're raising our earnings forecast for fiscal 2011 to at least €7.5 billion," said Siemens President and CEO Peter Löscher.
The Siemens Festival Night in Bayreuth on August 14, 2011, will be a unique Richard Wagner opera experience for everyone in the audience. To mark the festival anniversary, Siemens has doubled the size of the LED screen for the public viewing event to 180 m2. This will enable ten thousand people to enjoy the music of Wagner to the full in the open air. Two public attractions will be offered in succession: first the brand-new "Ring" for children, then "Lohengrin" for everyone. Together they provide a full-day festival event for people of all ages in a relaxed summer atmosphere on the Bayreuth Festplatz.
In the first quarter of fiscal 2011, Siemens maintained the positive growth trend of the previous quarters, with a strong 19 percent increase in new orders year-over-year. Revenue also rose sharply by 12 percent. Income from continuing operations reached a record level, increasing 17 percent on strong development in the company’s short-cycle industry activities and power plant business. “Capital-efficient growth is our aspiration. We have lived up to it. Orders and revenue grew in all regions, particularly in emerging markets. From this our business in Germany benefits as well. We delivered excellent bottom-line performance and are fully on track to reach the targets we set for fiscal 2011,” said Siemens President and CEO Peter Löscher. The company confirmed its targets for the current fiscal year 2011 (ends September 30).
Cities from the south and the north of Africa deliver the best environmental performance of all major African cities. This is the conclusion of the African Green City Index, a unique study commissioned by Siemens and conducted by the independent research organization Economist Intelligence Unit (EIU). During the past months, the EIU analyzed the aims and achievements of 15 major cities in 11 African countries with respect to environmental performance and policies. Cape Town, Durban and Johannesburg from the south, Casablanca and Tunis from the north as well as Accra, Ghana, rank above average. "The goal of the African Green City Index is to provide insights into the strengths and weaknesses of each city and start a dialogue about best practices in the area of green policies and infrastructures. With the Environmental Portfolio and the new Sector 'Infrastructure & Cities', Siemens is in the best position to support urban areas in Africa with green infrastructures," said Siegmar Proebstl, CEO Siemens Africa.
Atos Origin and Siemens announce their intention to form a global strategic partnership. Siemens will contribute its Siemens IT Solutions and Services for a total sum of €850 million to Atos Origin in order to create a European IT champion. Siemens will become for a period of at least five years a sustainable shareholder of Atos Origin with a 15% stake. The transaction will create a leading IT services company with pro forma 2010 revenues of approximately €8.7billion and 78,500 employees worldwide. As part of the transaction, Siemens concluded a seven-year outsourcing contract worth around €5.5 billion, under which Atos Origin will provide Managed Services and Systems Integration to Siemens. The new company will operate the largest European managed services platform, will be uniquely positioned to deliver cloud computing services, market leading System Integration solutions such as Consolidation & Harmonization, Energy, PLM and to enhance significantly its electronic payments and transaction based activities.