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Press Release22 July 2019Digital IndustriesKarlsruhe

IoT community MindSphere World grows through foundation of new association in Korea

Siemens Ltd. Seoul(SLS) together with Hyundai Wia and ISAAC Engineering Co., Ltd, software solution developers and manufacturing companies specialized in facilities and machinery, founded MindSphere World Korea in collaboration with IoT and data experts such as Incheon National University and Korea Polytechnic University. The association aims to speed up a data-driven business paradigm that blends core data technologies and applications of various industry fields, including big data, AI (artificial intelligence), AR (augmented reality) and VR (virtual reality). The association will make efforts to have a significant number of domestic enterprises, universities, rese-arch institutes, fourth industrial revolution-related organizations and promotion groups to join as members. After Germany, Italy and Singapore, Korea is the fourth country to establish MindSphere World and will further collaborate with other three countries to get the benefits from the international exchange.
With the foundation of MindSphere World Korea, members will cooperate in the following areas:
  • establish a MindSphere-based IoT ecosystem
  • support members of MindSphere World Korea in improving IoT industry’s development issues
  • promote research and development, training possibilities and information protection of IoT-related technology
  • participate in international IoT standardization exchanges and cooperation projects for recommendation of further developments
  • foster human resources through exchange and cooperation with enterprises, universities and research institutes
  • organize exhibitions and training opportunities domestically and abroad for members of MindSphere World Korea
Dieter Schletterer, Head of Digital Industries (DI) at SLS, has been elected first Chairman of the association. 
MindSphere enables any manufacturing company, machine or plant to safely ex-change a variety of digital data across corporate boundaries and to connect a wide range of products and environments organically. This data then leads to optimized process and facility at industrial sites as well as improved productivity and efficiency. 
You will find this press release at
https://press.siemens.com/global/en/pressrelease/iot-community-mindsphere-world-grows-through-foundation-new-association-korea
and
www.mindsphereworld.com

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Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI’s unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 75,000 employees internationally.
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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. In fiscal 2018, which ended on September 30, 2018, Siemens generated revenue of €83.0 billion and net income of €6.1 billion. At the end of September 2018, the company had around 379,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
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Dr. David Petry

Siemens AG

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91052 Erlangen
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+49 (9131) 17-35398