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• 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.

• 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.

• New IP routers and IP interfaces ensure secure data and access-proof KNX communication over IP
• KNX IP Secure devices meet the highest security requirements in smart buildings
• More flexibility in power supply minimizes KNX bus current consumption

Siemens Smart Infrastructure expands the proven Gamma instabus building system with new IP routers and IP interfaces that support the latest KNX IP Secure standard. This extension of the KNXnet/IP protocol enables fully encrypted transmission of data telegrams, thus ensuring secure data- and access-proof communication between KNX IP routers within a single network.