- World Economic Forum honors Siemens’ location
in Fürth, Germany, for its sustainable manufacturing
- Plant uses Siemens technology to cut energy
consumption 64 percent per
throughput in conjunction with 145 percent
increase in manufacturing output
- Plant’s CO₂e emissions reduced more than 70 percent per
throughput since 2019
- Efficient circularity with in-house repair service
nearly halves waste
- Siemens’ Fürth location plans to be climate
neutral by 2026
The World Economic Forum (WEF) has
recognized Siemens’ location in Fürth, Germany, as a Sustainability Lighthouse.
This model plant in Fürth is the 21st factory worldwide to receive this honor
to date. The WEF recognizes organizations, projects and production ecosystems
that have achieved step-change impact through technology-enabled reductions in
energy, emissions, water and waste in pursuit of net-zero goals,
decarbonization and circularity. According to the WEF, the network of Sustainability
Lighthouses shows that productivity and sustainability are no longer a
contradiction of terms.
- Seven out of fourteen DEGREE targets achieved ahead of time
- Decarbonization: 60 percent less CO₂e emissions in own operations since 2019, overachieving 55 percent 2025 target
- Strong commitment to lifelong learning: learning and continuing education investment increased to €442 million, Siemens people invested an average of 27 hours in digital learning and skill development
- More than 25,000 products attributed new Siemens EcoTech label
Siemens continues to strengthen its leadership in sustainability, achieving key milestones outlined in the newly published 2024 Sustainability Report. The technology company has achieved seven of its fourteen ambitious targets ahead of time, for example in the areas of decarbonization, equity and employability. For the first time, Siemens products and solutions sold in fiscal 2024 enabled customers to avoid more emissions than Siemens had generated in its entire value chain (Scope 1, 2 and 3 emissions)¹. Since 2021 Siemens has defined its ambitions in its strategic sustainability framework DEGREE, a holistic approach with stringent and measurable key performance indicators.
- Siemens Industrial Copilot accelerates engineering and shopfloor operations
- thyssenkrupp Automation Engineering to use Industrial Copilot globally
- Future Industrial Copilot features include multimodality, agents, on-premises approach
The Siemens Industrial
Copilot is the first generative AI-powered assistant for engineering in an industrial
environment. Today, Siemens announced major new functionalities for the Industrial
Copilot and added thyssenkrupp Automation Engineering as global customer.
- Siemens’ Industrial Operations X portfolio and NVIDIA GPUs integrated in Siemens IPCs enable advanced AI applications across industries
- Estimated 25-fold acceleration in AI execution with Siemens’ integrated hardware and software enhanced by NVIDIA technology spurs efficiency, agility, and innovation
- Siemens and NVIDIA to present the future of AI in industry at SPS trade show 2024
Siemens, a leading technology company, today
announced the launch of a new line of Industrial PCs (IPCs) equipped with NVIDIA’s
GPUs. Along with an extended AI offering, that’s part of the Industrial
Operations X portfolio, it will accelerate artificial intelligence (AI)
applications and mark another milestone in the strategic partnership between Siemens
and NVIDIA that was launched in June of 2022.
- Acquisition of Altair Engineering Inc., a global leader in computational science and artificial intelligence software, strengthens Siemens’ position as a leading technology company
- Creates the world's most complete AI-powered design and simulation portfolio
- Altair shareholders to receive USD 113 per share, representing an enterprise value of USD 10 billion; the offer price represents a 19% premium to Altair’s unaffected closing price on October 21, 2024
- Siemens expects to achieve significant cost and revenue synergies
- The transaction is expected to be EPS (pre-PPA) accretive by year two post-closing
Siemens has signed an agreement to acquire Altair Engineering Inc., a
leading provider of software in the industrial simulation and analysis market. Altair
shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The offer price represents
a 19% premium to Altair's unaffected closing price on October 21, 2024, the
last trading day prior to media reports regarding a possible
transaction. With this acquisition Siemens strengthens its position as a leading
technology company and its leadership in industrial software.