We join the
international community in condemning the war in Ukraine and are focused on
supporting our people and providing humanitarian aid.
Siemens will exit the Russian
market as a result of the Ukraine war. The company has started proceedings to
wind down its industrial operations and all industrial business
activities.
Siemens was one of the
first companies to put all new business in and international deliveries to
Russia on hold while it evaluated the situation to ensure the safety of its
3,000 employees in the country.
Siemens will
exit the Russian market as a result of the Ukraine war. The company has started
proceedings to wind down its industrial operations and all industrial business activities.
The financial impact of this decision will be reported as part of the regular
disclosure on the second quarter results today on May 12, 2022.
- Orders rose 22 percent on a comparable basis to €21.0 billion (Q2 2021: €15.9 billion), with high growth rates at all industrial businesses
- At €17.0 billion, revenue increased 7 percent on a comparable basis (Q2 2021: €14.7 billion)
- Profit Industrial Business was €1.8 billion (Q2 2021: €2.0 billion) – due to impacts totaling €0.6 billion, mainly at Mobility, subsequent to sanctions imposed on Russia
- Net income was €1.2 billion (Q2 2021: €2.4 billion)
- Free cash flow for the Siemens Group increased to €1.3 billion and was thus even stronger than in the prior-year quarter (Q2 2021: €1.2 billion)
- Orderly wind down of industrial business activities initiated in order to exit the Russian market
Siemens continued
its growth path as a focused technology company also in Q2 (ended March 31,
2022). In Q2, the company leveraged increased growth opportunities in many key markets
despite a continuing complex macroeconomic environment and confirms its outlook
for the Siemens Group for the current fiscal year 2022. The impact on
profit in Q2 subsequent to sanctions imposed on Russia totaled €0.6 billion due
to impairments and other charges, mainly at Mobility. Siemens also initiated an orderly
wind down of its industrial business activities in order to exit the Russian
market.
- New data center in Tallinn, Estonia, targets Power Usage Effectiveness (PUE) value of 1.2, against industry average of around 1.6
- Siemens’ AI-powered software optimizes cooling for energy efficiency and reliable operation of critical infrastructure
- Customized power distribution systems from Siemens ensure reliable, safe power supply to the data center
- Data center is powered by renewable energy, with ability to sell waste heat
Siemens has deployed integrated data center
management software at the largest and most energy efficient data center in the
Baltic region. The building management software (BMS), the energy and power
management software (EPMS) and the White Space Cooling Optimization (WSCO) help
Greenergy Data Centers to lower energy usage, ensure thermal protection and
manage reliable operation of the critical infrastructure.
- Siemens will deliver energy efficiency improvement measures to immediately cut 10 percent of the University’s carbon emissions
- Subsequent project phases will see on-site, low-carbon energy production, and the installation of renewable generation infrastructure
- Partnership will create an inclusive talent pipeline for the green economy, and a ‘living lab’ for teaching and research
The University of East London (UEL) in the
United Kingdom has established a strategic partnership with Siemens to collaborate
on their aspiration of achieving net-zero carbon by 2030. Siemens will deliver
improvement measures to reduce overall energy use, and engineer solutions to drive
the shift to renewable and on-site low-carbon energy generation at UEL’s
campuses in the London Docklands and Stratford.
- Predictive Service Analyzer provides information about anomalies in the drive system
- Increased plant availability by up to 30 percent through reduced production downtime
- AI-based algorithm for drive systems
As part of Predictive
Services for Drive Systems, Siemens is expanding its offering at the Hannover
Messe with an edge application. The Predictive Service Analyzer indicates
defects in the drive system at an early stage before they affect the entire
production. As a result, unplanned production downtime can be avoided and
maintenance times can be scheduled in good time, increasing plant availability
by up to 30 percent. By scheduling maintenance and servicing activities based
on actual demand, this increases productivity by up to 10 percent. The Predictive
Service Analyzer's AI-based solution detects early signs of anomalies, such as
those indicating mechanical damage in the motor, including bearing damage,
imbalance, and misalignment, as well as critical operating conditions of the
frequency converter. The app assesses the severity of the defect and the
expected remaining runtime and can thus predict potential future failures.
- Siemens to enable attendees at IoT Solutions World Congress to experience benefits of latest IoT technologies in 27 practical reference cases
- Siemens Advanta CEO Aymeric Sarrazin to hold keynote on how disruption paves the way for a lean, green, digital industry
Siemens is bringing its latest IoT breakthroughs
to the IoT Solutions World Congress (IOTSWC) in Barcelona: helping businesses to
simplify and accelerate their digital transformation and transition to greater
sustainability at scale, the focused technology company will show a total 27
practical reference cases. At the same time, the company is empowering its
customers to achieve their desired business outcomes – including sustainable growth,
increased efficiency and faster time-to-market by combining the real and the
digital worlds unlike any other. Visitors to the Siemens booth (D467, Hall 4,
Fira Convetion Center) at IOTSWC will have the opportunity to see how this
transformative process is developing and then experiment with new capabilities.
- Siemens and Halske purchased first plot of land for today’s Siemensstadt 125 years ago
- Digital twin makes planning, construction and operation of new urban district smart and sustainable
- Relaunch of Siemensbahn rail line on schedule: planning underway, integration of public to begin; line to be “back on the Ring” starting in 2029
Steeped in tradition and moving into the future: On May 7, 1897, Siemens & Halske acquired the first plot of land in Spandau at the location where Siemensstadt, which translates to “Siemens City,” was soon to be built. Now, 125 years later, an inclusive and sustainable future-oriented location will be created on the same site. To get this location ready for the future, two new manufacturing hubs are being built on the site. For the first time, a holistic digital twin will be used to plan, build and operate the overall district. In addition, the relaunch of the Siemensbahn (“Siemens Railway”) light-rail line is on schedule. Beginning in 2029, people will be able to reach the new section of Berlin in a climate-friendly, convenient manner using the “S-Bahn” rapid- transit system. Franziska Giffey, governing mayor of Berlin; Cedrik Neike, a member of the Managing Board of Siemens AG and CEO of Siemens’ Digital Industries unit; and Alexander Kaczmarek, Representative of Deutsche Bahn AG for Berlin, Brandenburg, Mecklenburg-Vorpommern, were on hand to mark the important milestone for the new city district.