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Siemens and Association of Aerospace Industries (Singapore) sign Memorandum of Cooperation to drive digital transformation of Singapore's aerospace industry
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. 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 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com
The Association of Aerospace Industries (Singapore) or AAIS is a not-for-profit organization established in 2003, to promote the development of Singapore as a leading aerospace hub. AAIS represents companies involved in aerospace maintenance, repair and overhaul (MRO), manufacturing, parts distribution, research & development, training and education, and services. It serves as the voice of industry to influence future directions and policies, engenders the development of the aerospace community and facilitates business development. For more information, visit www.aais.org.sg