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Press Release13 October 2022,
updated13 October 2022Siemens AGBerlin/Munich
Driving digital transformation through Siemens Xcelerator and its leading portfolio
Driving digital transformation through Siemens Xcelerator and its leading portfolio
In
collaboration with Volta Trucks, Siemens wants to accelerate the
electrification of commercial fleets. This partnership ensures power
distribution, renewables integration, and energy services to build sustainable,
electric fleet hubs. Siemens has also announced a memorandum of understanding
for a strategic partnership with Automotive Cells Company (ACC) for electric
vehicle battery cell production, based on the digital portfolio of Siemens
Xcelerator. In addition, key customers are leveraging the curated portfolio,
such as REGENT. The company, founded in 2020, builds all-electric seagliders
for fast, safe, and low-cost coastal transportation and has adopted the Siemens
Xcelerator portfolio of cloud-based software and services. Another example is a
collaboration with the Fédération Internationale de l'Automobile (FIA) supporting
them and their Championships including Formula 1 with sustainability efforts by
adopting solutions from Siemens Xcelerator as a Service.
A core lever
for value creation at Siemens is the company’s goal of growing its digital
businesses by around ten percent per year by 2025. The launch of the
Siemens Xcelerator platform has been the logical next step in Siemens’ digital
strategy. Siemens will be able to unlock significant value for existing and new
customers, especially new ones in the segment of smaller and mid-sized
businesses. The launch of the business platform is also consistent with its
move towards as-a-service offerings and will bolster the aim of increasing
annual recurring revenue. In the first nine months of fiscal 2022, Siemens achieved
revenues of €4.7 billion through digital businesses and is well on track to
exceed 10 percent growth, in fiscal 2022. Digital revenue in fiscal 2021
stood at €5.6 billion.
“Siemens is
about connecting the real and the digital world unlike any other company. It is
about the convergence of software and hardware. Making hardware smart,
equipping machines with sensors, connecting them to the internet of things, and
using artificial intelligence to make them intelligent is the basis for
industrial digitalization. Yet the best solution becomes a bad solution if it
does not work well together with other technologies,” says Peter Körte, Chief
Technology Officer and Chief Strategy Officer of Siemens AG. “The Siemens
Xcelerator platform and its solutions are not about us or restricted to us.
It’s all about making digitalization easy for our customers by providing
solutions that work and are open to grow.”
Siemens Xcelerator ecosystem continues to evolve
Since the
launch of Siemens Xcelerator about three months ago, 58 partners have been
certified, new offerings have been added, including Railigent X and
Mobility Software Suite X from Siemens Mobility. With planned acquisitions
like ZONA Technology, Siemens Xcelerator will increase its capabilities for
climate-neutral aviation and included predictive maintenance capabilities for
manufacturing with the company Senseye. The collaboration with Munich based
company sustamize GmbH adds carbon emissions data to Siemens Xcelerator and is
enabling organizations to measure, simulate, reduce, and track their product
carbon footprint early in the product development phase. With Esri as a partner
Siemens can bring grid planning and operation to a new level. These partners
not only add with their portfolio to the platform, more so, develop solutions
together with Siemens for the pressing needs of customers.
From Digital Twins to the industrial Metaverse
The
interoperability and openness of Siemens Xcelerator with its curated portfolio,
where in future everything works seamlessly with each other, is the perfect basis
for the Industrial Metaverse where players meet to democratize technology by
making immersive experiences accessible to everyone. The digital twin is the
key technology for this digital transformation in this decade. A
digital twin is a virtual replica of a physical object such as a building, that
contains all data, models and other information, which can be used to predict
and optimize how it will perform. Siemens, through its Digital Industries Business,
is one of the pioneers and global leaders in digital twin technology.
One specific
use case: This helps cities to optimize all aspects of design, construction, operations,
and management. On a larger scale, digital twins can be used for the
development and operation of entire cities and districts like Siemensstadt
Square by interconnecting buildings, transportation systems and other
infrastructure such as energy distribution. The advantages of this technology
are immense in terms of financial, sustainability and livability improvements.
Potentially costly mistakes can be avoided because the future-oriented location
is being built twice – first in the digital world and then in the physical
world. This way, mistakes can be made in the digital world first by seeing what
the impact will be. Instead of having people adapt to a city or neighborhood, a
city or neighborhood can now adapt to the needs of the people.
Through a
partnership between Siemens and Bentley Systems, formalized in 2016, both
companies have developed a digital twin for the process industries. Bentley is
strong in engineering technology and Siemens is strong in operations technology
including hardware and software. Bringing together operations technology (OT)
with information technology (IT) is what infrastructure digital twins are at
their core. By putting complementary strengths together to work across the
lifecycle one offering is to build, operate, and optimize intelligent
infrastructure. In the case of Siemensstadt Square, a holistic digital and integral
city twin offers the possibility to pre-simulate and significantly optimize
urban planning and operations.
The
metaverse will require platforms that work seamlessly with edge devices and with
each other. Digital twin platforms can share content with anyone involved in
the infrastructure lifecycle including the engineers, contractors, builders,
site engineers, and the general public. Infrastructure digital twins are the
fundamental building blocks of virtual worlds that will allow groups to
interact and collaborate in the metaverse to solve problems such as making
infrastructure greener, more sustainable, more resilient. Current technologies
forming a comprehensive digital twin solution, already available from Siemens, are
paving the way to the industrial metaverse.
Further
information on the partnership with Volta Trucks:
https://sie.ag/3CuP7yo
Further
information on the partnership with ACC:
https://sie.ag/3Tf32iZ
Further
information on the Digital Business Media Day:
https://sie.ag/DBMD
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Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.
In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of €62.3 billion and net income of €6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide. Further information is available on the Internet at www.siemens.com.