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Press Release30 January 2020Siemens AGMunich

Peter Körte to head Siemens Strategy 

Peter Körte, Siemens AG
“Drawing on his extensive cross-industry and international expertise in digitalization – in both strategy and operations – he will play an important role in continuing the development of Siemens’ strategies for digitalization and the Internet of Things,” said Roland Busch. “I’m extremely pleased that we’ve been able to acquire him for this task, which will play a key role in the further development of our company.”
Industrial IoT is one of Siemens’ largest growth drivers. The company wants to expand its leading IoT platform in the B2B area and thus tap digitalization’s full potential for the benefit of its customers. “We want to foster an ecosystem for customers, suppliers and partners in all our sectors and for the entire company,” said Roland Busch. “Digitalization and IoT are crucial growth drivers for our customers and for Siemens.”
Peter Körte began his career at Siemens in 2007 as a member of the company’s strategy department. At that time, he was responsible for implementing Siemens’ Fit42010 program and preparing the setup of the company’s Infrastructure & Cities Sector. In 2011, he moved to Siemens’ healthcare business, where he held several management positions in diagnostics and imaging. Before joining Siemens, Körte worked for Boston Consulting Group.

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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 2019, which ended on September 30, 2019, Siemens generated revenue of €86.8 billion and net income of €5.6 billion. At the end of September 2019, the company had around 385,000 employees worldwide. Further information is available on the Internet www.siemens.com.
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