- Solar farm is part of a £1.5 million research project funded through UK Research Partnership Investment Fund
- Project in partnership with Siemens aimed at enhancing the University’s research capabilities in developing and testing robots and other autonomous systems for the inspection and maintenance of solar arrays
- Enables the University’s new Institute for Safe Autonomy to become net zero by 2025
Siemens has completed work on a 200kWp solar
farm for the University of York located at the University’s new Institute for
Safe Autonomy, as part of £1.5 million research project.
- At €19.2 billion on a comparable basis, revenue was nearly unchanged year-over-year (Q2 2023: €19.4 billion)
- Orders in Q2 2024 reached €20.5 billion (Q2 2023: €23.6 billion), a decline of 12 percent on a comparable basis
- At €2.5 billion, Profit Industrial Business was close to the prior-year level (Q2 2023: €2.6 billion)
- Net income totaled €2.2 billion (Q2 2023: €3.6 billion); net income in Q2 2023 benefited from a tax-free gain of €1.6 billion from the partial reversal of an impairment of Siemens’ stake in Siemens Energy AG
- Free cash flow all-in at Group level was €1.3 billion (Q2 2023: €2.3 billion)
- Outlook at Group level confirmed
Siemens delivered solid performance in the second quarter, successfully meeting the high demand for digitalization and sustainability technology. Notably, the industrial software business showed strong growth with particularly high demand in the semiconductor industry. Demand from customers for the construction of data centers also showed strong momentum. Currently muted demand in the short-cycle automation business at Digital Industries, particularly in China and Europe, was largely offset by strong revenue development at Smart Infrastructure and Mobility. In addition, Siemens took a key step in focusing its portfolio with the sale of Innomotics to KPS Capital Partners for €3.5 billion.
- Siemens leverages BILT on Apple Vision Pro to provide immersive step-by-step guided instruction for electricians
- BILT becomes newest Siemens Xcelerator Ecosystem partner
- BILT spatial computing app on Apple Vision Pro available at Hannover Messe tradeshow
Siemens and BILT, the creators of 3D Intelligent
Instructions, are optimizing their mobile guides into spatial models for Apple
Vision Pro. As the need for skilled electricians and other trades grows,
training the entering workforce, while up-skilling the existing one, is
essential. Tools such as BILT on Apple Vision Pro provide a highly immersive
and visual training experience that helps users not only learn faster, but
safer.
- More than €100 million investment for new Siemens Technology Center in
Garching strengthens cutting-edge research and bolsters Germany’sinnovation strength
- Open research and innovation ecosystem fosters collaboration with the
Technical University of Munich (TUM), international research institutes and
leading companies
- Building complex meets the highest sustainability standards
- Focus on industrial artificial intelligence research supports Siemens’
leading position
Today, Siemens has opened the first building complex of the Siemens Technology
Center (STC) at Garching Research Campus, north of Munich, Germany. In addition
to Siemens, other institutions next to the Technical University of Munich (TUM),
such as the Max Planck Institute and SAP, are located there, with around 28,000
people working at this hub. As a result, the Garching Research Campus is one of
the largest centers for science, research and teaching in all of Europe.
- With key leadership decisions, Supervisory
Board demonstrates confidence in the strategy and trajectory of Siemens AG as a
leading technology company
- Announcement of five-year contract
extension for Roland Busch (59) as President and CEO, from April 1, 2025
- Intention confirmed to extend appointment
of Cedrik Neike (51), member of the Managing Board and CEO of Digital
Industries, for a further five years from June 1, 2025
The Supervisory Board of Siemens AG confirmed a five-year contract extension for President and Chief Executive
Officer Roland Busch from April 1, 2025. The move is a mark of support for the
strategy of Siemens as a leading technology company, with the current Managing
Board driving three years of record financial performance and the further
strategic development of the company.
-
Generative
AI for industries: Siemens Industrial Copilot to be available on the Siemens Xcelerator Marketplace this summer
- Siemens and Schaeffler to sign memorandum of understanding to expand work to integrate Siemens Industrial Copilot into all areas of industry
- Live on stage: Siemens and NVIDIA show how they enable the industrial metaverse together
- World premiere of “Electrification X” for a wide range of IoT software-as-a-service offerings for transforming electrification infrastructure
- German Chancellor Olaf Scholz to be among high-ranking visitors at Hannover Messe’s largest booth
The industrial sector
is in need of digital transformation toward greater sustainability and resilience.
Value creation and actions for the planet must be brought into balance. Companies
need to do more with fewer resources. At Hannover Messe, Siemens will show how
proven, cutting-edge technology and strong partnerships enable industries to
become both more sustainable and more competitive. Visitors at Booth D53 in
Hall 9 will experience showcases featuring core technologies for digital and
sustainable transformation in the automotive, food, chemicals and
semiconductors industries.
- Siemens Smart Infrastructure has introduced Electrification X to transform ageing electrification infrastructure. This latest addition to the Siemens Xcelerator portfolio builds upon the success of Building X and Gridscale X
- Electrification X is a continuously growing dynamic, open and interoperable portfolio, facilitating the seamless digital transformation of electrification infrastructure across commercial, industrial, and utility applications
- By leveraging Electrification X, customers gain access to a range of IoT SaaS offerings and software solutions for enhancing energy efficiency, enabling e-mobility, and optimizing industrial energy systems
Siemens
Smart Infrastructure has launched
Electrification X,
a highly scalable Internet-of-Things (IoT) SaaS offering to transform electrification infrastructure.
- Standardization will foster collaboration, accelerate innovation, and facilitate the exchange of digital twin models and data
- Collaboration with the W3C working group set to propel the convergence effort, bringing about a unified standard to unlock commercial potential being held back by IoT fragmentation
In a collaborative move
with the W3C Consortium, Siemens and Microsoft have announced their commitment
to converge the Digital Twin Definition Language (DTDL) with the Thing
Description standard from international standards organization, W3C.
- New product connects Siemens Xcelerator with NVIDIA Omniverse Cloud
APIs to build collaborative, real-time, physically based visualization driven
by generative AI
- At NVIDIA GTC, Siemens and NVIDIA will join with HD Hyundai to
highlight how integrated visualization helps offer greater understanding and
insights
Siemens announced today that it will deepen its collaboration with
NVIDIA to help build the industrial metaverse. Siemens is bringing immersive
visualization powered by new NVIDIA Omniverse Cloud APIs
to the Siemens Xcelerator platform, driving increased use of AI-driven digital
twin technology. At the NVIDIA GTC, Siemens and NVIDIA demonstrated how
generative AI can revolutionize the visualization of complex data, making
photorealism possible, and showcased how sustainable shipbuilder HD Hyundai can
use it to develop new products.
- Additional variant of this high-power charger offers a maximum and continuous output of 400 kW DC
- Dynamic charging enabled for up to four vehicles simultaneously
- Ideally suited to a range of vehicles and use cases, including highway charging
Siemens Smart Infrastructure has introduced an
additional variant of its SICHARGE D electric vehicle (EV) fast charger, with a
maximum output of 400 kW for IEC markets.