At this year's "The smarter E-Europe," Siemens is demonstrating its role in shaping an increasingly decentralized energy landscape. Siemens will show how the digitalization of renewable energy generation, storage and distribution positively impact the energy transition and sustainability goals.
- HP's new Jet Fusion 5200 Series industrial 3D printing system integrated with Siemens' Digital Enterprise offering
- Combination of Digital Twins for product, production, and performance with MindSphere to enable mid-volume serial plastic parts production
- Companies collaborate to help auto and industrial customers create high-quality 3D printed parts faster; enabling unique product designs, new applications, and digital factories
- Siemens expands Additive Manufacturing Experience Center with new Polymer Competency Center to develop and demonstrate new applications suitable for industrial-scale 3D printing
HP and Siemens today announced an expansion of their strategic alliance to help customers transform their businesses with industrial additive manufacturing (AM). Siemens, an innovation leader in automation and digitalization, and HP, the leader in industrial 3D printing, will expand their integrated additive manufacturing solution, incorporating new systems and software innovations including overall product lifecycle management (PLM), AM factory optimization, industrial 3D printing and data intelligence, manufacturing execution, and performance analytics. The integration of HP's new Jet Fusion 5200 Series 3D printing solution with Siemens' Digital Enterprise offerings enables industrial companies to bring 3D printed parts to market faster, more cost-effectively, more sustainably, and at higher volumes than ever before. The companies announced the expanded alliance at an event to celebrate the addition of a new Polymer Competency Center to the Siemens Additive Manufacturing Experience Center (AMEC) in Erlangen, Germany, where HP also unveiled its new industrial-performance HP Jet Fusion 5200 Series 3D printing solution.
- New firmware adds Fast PTI mode for precise positioning at even higher speeds
- Fast PTI mode comes with auto-tuning function
- Firmware update opens up new applications for Sinamics V90
New functions are being added to the proven Sinamics V90 servo drive system with the V1.11 version of the Sinamics firmware. The Fast PTI mode is now available for the drive system, increasing Pulse Train Input (PTI) performance by 70 percent. This improves the reaction time from the Pulse Train Input command to the actuation of the motor. The improved reaction time opens up new application areas for the Sinamics V90 which require higher dynamic performance such as high speed labeling as well as in the field of LED production (LED pick & place).
- Visit highlights the importance of bilateral relations between the United Kingdom and Germany
- His Royal Highness Prince of Wales gains insights into sustainability and the new world of work
- CEO Joe Kaeser: "Our relationship is strong, resilient and geared to a common future."
His Royal Highness The Prince of Wales has visited the headquarters of Siemens AG while on a trip to Germany. The Prince's trip is focused on the bilateral relations between the United Kingdom and Germany. During his roughly 45-minute tour of the company's headquarters, Prince Charles learned about topics such as sustainability, the new world of work and Siemens' Cents4Sense initiative. He also signed the company's visitors' book.
- Orders grew 6%, to €23.6 billion, and revenue rose 4%, to €20.9 billion, for a book-to-bill ratio of 1.13 and record high order backlog of €142 billion
- On a comparable basis, excluding currency translation and portfolio effects, orders increased 4% and revenue was up 2% compared to Q2 FY 2018
- Adjusted EBITA for Industrial Business climbed 7% to €2.4 billion, with most businesses increasing their performance; Industrial Business Adjusted EBITA margin reached 11.4%, even with severance charges taking 0.3 percentage points
- Net income reached €1.9 billion, near the prior-year level which benefited substantially from a €0.7 billion Adjusted EBITA from Centrally managed portfolio activities; the current period benefited from a lower income tax rate, and basic EPS of €2.24 was burdened by €0.08 from severance charges
"We delivered on our promises again this quarter, and even exceeded expectations in many areas. Now, we enter into a new era to become an even stronger and more focused Siemens."
Klaus Patzak (54), currently Managing Partner of the Siemens Portfolio Companies, has been appointed Chief Financial Officer (CFO) of the new Siemens Gas and Power business (GP). In this role, Patzak will be responsible for building the Finance governance structures, steering the activities required for carving out and listing, and helping to shape the format of the future stand-alone Siemens energy business. In his new role, he will report directly to Lisa Davis, Chief Executive Officer (CEO) of the Gas and Power Business that is to be created. Via a functional reporting line, he will also report to Siemens CFO, Ralf P. Thomas.
- Creation of new major player on the energy market with business volume of €30 billion and over 80,000 employees through spinoff of Gas and Power and transfer of Siemens' SGRE stake
- Spinoff to give shareholders direct participation in success and enable rapid implementation
- Future industrial core: Digital Industries and Smart Infrastructure
- Ambitious medium-term goals refined and long-term aspiration outlined
- Savings of €2.2 billion by 2023 through structural efficiency gains planned
- Growth in future-oriented fields to generate net increase of over 10,000 jobs despite efficiency measures
Siemens intends to meet its medium-term growth and profit targets by clearly focusing its portfolio on dynamic growth markets and efficiency gains. To this end, the Supervisory Board of Siemens AG today unanimously approved the next steps in the company's Vision 2020+ strategy concept, including the spinoff of Siemens' Gas and Power (GP).
Two technology teams were recognized today at the 50th annual Offshore Technology Conference (OTC) – Siemens BlueVault™ energy storage solutions and the Subsea Power Grid. Siemens is one of three companies to receive two Spotlight on New Technology (SONT) awards this year.
- Partnership defines a new approach to digital safety and security
Siemens and TÜV SÜD have come together to address the growing risk of cyberattacks on critical infrastructure by collaborating to provide digital safety and security assessments, as well as industrial vulnerability assessments to help global energy customers identify asset risk and cybersecurity solutions.