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Press Release27 November 2023Smart InfrastructureZug
Siemens and Copperleaf join forces to drive technical and economic grid planning
Siemens and Copperleaf recognize the need for a comprehensive solution that
encompasses the entire energy value chain. Copperleaf provides decision analytics software
solutions to companies managing critical infrastructure. Its value-based approach to decision
making helps clients manage risk, deliver on their performance expectations, achieve their
strategy and ESG goals, and maximize capital efficiency. The company works with many of
the world’s largest and most respected utilities worldwide, managing more than $2.9 trillion assets. Siemens is a leading provider of grid planning, operations and maintenance software
and brings extensive power systems and grid control domain expertise to the partnership.
“We are excited to join forces with Copperleaf. A key focus of this collaboration will be to
integrate and optimize technical and investment planning to increase the potential for cost
savings and improved reliability. Well-informed investment decisions help utilities take the
smartest actions to increase their much-needed grid capacity. As the world embarks on an
ambitious journey towards a more sustainable and decarbonized energy future, the
complexities and challenges faced by the energy industry have never been greater. It is
imperative that organizations adopt a holistic approach, considering both the strategic and
operational aspects of their assets and businesses,” said Sabine Erlinghagen, CEO Siemens
Grid Software.
“By bringing together Siemens' domain knowledge and advanced software solutions and
Copperleaf’s industry-leading asset investment planning capabilities, TSOs and DSOs will
gain comprehensive insights to generate capital efficiencies and maximize the value of their
investments. This approach will help organizations achieve sustainable growth while meeting
the increasing demands of their businesses and complying with essential environmental,
social, and governance (ESG) regulatory mandates,” said Paul Sakrzewski, CEO of
Copperleaf.
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Siemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It
addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings and industries.
SI provides customers with a comprehensive end-to-end portfolio from a single source – with products, systems, solutions and
services from the point of power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps
customers thrive and communities progress while contributing toward protecting the planet. Siemens Smart Infrastructure has
its global headquarters in Zug, Switzerland. As of September 30, 2022, the business had around 72,700 employees worldwide.
Siemens AG (Berlin and Munich) is a leading 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 fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.
In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.
Reference Number: HQSIPR202311176820EN