- 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.
- 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.
- New AI-based apps for more efficient operation of water infrastructures available on the Siemens Xcelerator marketplace
- Easy integration into existing infrastructure without specialist knowledge
- Siemens to showcase its digitalization and automation portfolio for more sustainability in the water sector at IFAT 2024
Siemens, a leading technology company, has expanded its software portfolio for the water industry, enabling its customers to optimize their plant operations using artificial intelligence - without the need for technical expertise. These self-service solutions enable users to address the most pressing issues in water and wastewater operations: reducing water loss, preventing pollution from sewers, and ensuring the reliability of treatment assets. The effect of these applications is also a contribution to greater sustainability overall, as the world's water resources can be better protected. "Digital technologies have not yet been widely adopted in the water sector so far," says Anja Eimer, General Manager Global Water Business at Siemens. "The existing OT and IT device landscape of is complex, skilled workers are in short supply, and the business benefits of many digital applications have often been unclear. With our new software offerings, we are adressing these conditions and enabling water companies to perform AI-based operational analyses."
- Migration
to the highest grade of automation (GoA4)
- Delivery
of onboard equipment for 226 new trains
- Project
will be commissioned in five phases; fully automated by 2033
- Total
order volume of approximately 270m Euros
Siemens Mobility will upgrade the entire 170 kilometers long S-bane
network in Copenhagen to the highest grade of automation (GoA4 technology) to
enable unattended train operations starting with the first phase in 2030. Respective
contracts have been signed with Banedanmark (BDK) and
DSB recently including the necessary signaling equipment for trains and
wayside. GoA4 will allow the operator to run more trains in the entire system, enhance
the level of passenger experience, secure the current punctuality rate and will
future-proof the network. The new contracts have a total volume of about 270m
Euros and build on the original contract from 2011 to equip the Copenhagen
S-train network with the Communications-Based Train Control System [CBTC].
-
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.
- Simatic S7-1200 G2 will be available in winter 2024
- Key benefits include efficient motion control, flexible machine safety, increased performance, and seamless scalability
- Customers can experience Simatic S7-1200 G2 at the Hannover Messe Siemens booth
For the first time in ten
years, Siemens is announcing a new generation of controllers, available in winter
of 2024, at Hannover Messe 2024. The Simatic S7-1200 G2 controllers are part of
the Simatic controller family. With this new generation of controllers, Siemens
is expanding its offerings and demonstrating how these latest innovations will
make automation and programming easier for customers.
- First cross-country project in the Middle East and Arab World connecting
the Emirati capital Abu Dhabi in the United Arab Emirates to Sohar in the
Sultanate of Oman; length of 303km
- The Oman section of the network marks the first railway system to be
delivered in history of the Sultanate of Oman
Siemens Mobility, together with its consortium partner Hassan Allam Construction, is
honored to announce that it has been awarded the Abu Dhabi – Sohar Design and
Build Railway Systems and Integration contract by Oman – Etihad Rail, a joint
venture co-owned by the two countries to deliver this network. Siemens Mobility and
Hassan Allam Construction will deliver the design, build and integration of the ETCS
Level 2 signaling, telecom and power supply systems over the 303-kilometer-long
Abu Dhabi – Sohar railway link. The signaling solutions are state-of-the art and
desert-proof. This project marks the first-ever cross-country railway network in the
Middle East and Arab world.
- Siemens makes automation easy with the first generative AI-powered product for engineering in an industrial environment
- Siemens Industrial Copilot accelerates the generation of complex automation code, reduces development times, and increases productivity
- TIA Portal connection offers customers SCL code generation, customization of HMI visualization, and document search in natural language
- Available for download from the Siemens Xcelerator marketplace starting in summer 2024
At Hannover Messe 2024, Siemens presents the first generative artificial intelligence (AI) product for engineering in an industrial environment. The Siemens Industrial Copilot, the generative AI-powered assistant, is now seamlessly connected to the Totally Integrated Automation (TIA) Portal. This will enable engineering teams to find the right help topic and to generate a basic visualization and code faster for programmable logic controllers (PLC). As a result, they will be able to significantly reduce their workload and offload repetitive tasks to the Siemens Industrial Copilot. In addition, the engineering of complex tasks will become less susceptible to errors. This in turn reduces development times and boosts quality and productivity over the long term. The Siemens Industrial Copilot for TIA Portal Engineering will be available for download from the Siemens Xcelerator marketplace starting in summer 2024.
- 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.
- ÖBB orders 19 more trains – delivery by autumn 2028
- New level of comfort – cellphone reception improved by
50 percent
- High- and low-floor entrances, six bicycle spaces,
three wheelchair spaces, on-board restaurant, compartments, open-plan cars
Austrian
Federal Railways (ÖBB) inaugurated service today for the first Railjet of the
new generation from Siemens Mobility. The new train, featuring numerous
innovations, will initially operate on the Vienna-Feldkirch route. Excluding
the locomotive, the nine-car train is around 240 meters long and offers 532
seats. It has two first-class cars with business class sections, an on-board
restaurant with seating, four second-class (economy class) cars, a
multifunctional economy class car, and an economy class driving car. Technical
highlights include high-tech lightweight bogies, windows optimized for cellphone
reception, innovative power distribution systems with a redundant power supply
from the adjacent car, and a self-diagnosis system with a secure radio link to
the maintenance depot.