Siemens outlines economic, societal contribution to UAE in new report

For the second consecutive year, Siemens has prepared an annual report entitled, ‘In the UAE, for the UAE – Making real what matters,’ detailing the company’s activities and impact in the United Arab Emirates. The report, also known as ‘Business to Society’, demonstrates that during financial year 2018 and coinciding with the Year of Zayed the company’s business goals aligned with the ambitions of the UAE, its government, its people and the broader society. The Year of Zayed marks 100 years since the birth of the founding father of the country, the late Sheikh Zayed bin Sultan Al Nahyan, who had emphasized the importance of giving back to the community. The report found that Siemens is a significant contributor to key sectors of the national economy, and its activities are helping drive economic progress, expand jobs and training, support home-grown innovation, and add value to the country’s many sustainability priorities. 

With 90 percent of the gross value added by Siemens to the UAE economy occurring in the non-oil sector, the company is providing strong support to the country’s ongoing transition towards a diversified, knowledge economy. Today, Siemens’ technologies enable delivery of 75 percent of the UAE’s daily water supply; represent more than 40 percent of overall power generation capacity; and facilitate 50 percent of operations in its aluminum and steel sectors. In other vital industries, Siemens solutions enhance half of the country’s port logistics, 92 percent of its baggage handling and 86 percent of its air cargo operations. However, the company’s contribution goes beyond traditional industries to support key national development priorities by working with more than 800 small and medium-sized enterprises (SMEs). Meanwhile, Siemens Healthineers’ medical equipment facilitates over 600 medical decisions per hour.

Siemens directly employs 2,700 highly skilled workers and enables an additional 16,200 jobs across the UAE economy. Through training and education programs in the UAE and abroad, Siemens has supported more than 150 young Emiratis to gain new skillsets and international experience. Meanwhile, an AED 425-million software grant to five UAE universities is equipping more than 3,850 students with digital experience, using Siemens’ versatile Product Lifecycle Management (PLM) software.

“We are proud to present this report which demonstrates how our activities and operations in the UAE align with the values and goals of the late Sheikh Zayed bin Sultan Al Nahyan,” said Dietmar Siersdorfer, CEO of Siemens in the Middle East and UAE. “We believe the purpose of our company is to contribute to the well-being of society and to have a positive impact on people’s lives. Every year, we add to our contribution and continue to pursue this purpose, in partnership with government, business, universities and social organizations, always aware of our commitment to making real what matters.”

As part of Siemens’ commitment to supporting innovation and building a knowledge economy, the company employs more than 20 UAE-based software developers in the areas of Internet of Things (IoT), Artificial Intelligence and Machine Learning. These developers work closely with customers to co-create solutions that meet their challenges. Overall, Siemens’ work with customers is enabling 35 percent of the automation in the UAE’s manufacturing facilities. Siemens has also opened two new MindSphere Application Centers in the UAE to support its customers’ digital transformation and co-create solutions with them in areas of airports, cargo, logistics, oil and gas, and process industries.

In the field of sustainability, Siemens has provided energy efficient solutions that have reduced CO2 emissions in the UAE by 4.76 million metric tons during the fiscal year, while its advanced water-cooled chiller systems cut annual utility costs by more than 30 percent in the country. Sustainability begins at home for Siemens, whose regional headquarters in Masdar City averages 55 percent greater energy savings and 47 percent lower water use, compared to standard UAE office buildings. Globally, Siemens’ efforts in sustainability have been widely recognized. Most recently, the company was recognized as a leader in its industry for sustainability within the Dow Jones Sustainability Index 2018. 

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 electrification, automation and digitalization. One of the largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. With its publicly listed subsidiary Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. 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.