"Digitalization is having an increasingly direct impact on companies: New business models are being continuously developed, product cycles are shrinking and investment needs are growing," said Roland Chalons-Browne, CEO of Siemens Financial Services (SFS). "These changes mean that access to financing is becoming a critical factor in business success, particularly for small and medium-sized enterprises. We help companies in all Siemens markets make the right investment decisions as they work to position themselves in this complex and dynamic market environment."
Veronika Bienert, CFO of SFS, served as the moderator of the event in Erlangen and summed up the discussion this way: "Particularly in the manufacturing industry, the combination of technology and financing expertise is becoming an increasingly important factor in companies' ability to make quick, targeted investment decisions and thereby ensure their own competitiveness over the long term. This is exactly what SFS makes possible with its many years of experience in Germany and around the globe."
SFS has provided numerous financing solutions that have facilitated new digital business models and sustainable investments in technology. The program of Siemens Finance Week includes a presentation about a manufacturer financing program for ASM Assembly Systems GmbH & Co. KG. The Munich-based producer of placement systems provides its customers with a tailored financing program put together with the help of SFS. The program enables small and medium-sized companies in various high-tech industries to increase their use of digitalization – with the help of Siemens technologies.
SFS is providing commercial finance solutions for digitalization projects at small and medium-sized enterprises in 14 international markets. These customers include the small company Bétrancourt in Picardie, France. SFS helped digitize their development work in aviation and aerospace. The Install Group, a company based in Khabarovsk, Russia, has used SFS financing solutions to modernize a number of its metal-processing facilities. At the automotive supplier ASR Industries of India, a financing solution provided by SFS facilitated the expansion and automation of production capacities. Chin Fong Machineries Ltd. of China used a SFS solution to optimize working capital and cash flow as a way of improving its working relationship with distributors.
Join our Live Session summarizing the event on Monday, February 5, 2018, 15:45pm CET, via Twitter: www.twitter.com/siemens_SFS
You will find additional real-time updates on Finance Week on Twitter, hashtag #FinanceWeek, as well as on www.siemens.com/financeweek