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Automation and digitalization offer a significant competative edge in a volatile market environment

“Digital and automation solutions proved themselves during this crisis. Companies that had already invested in digitalization were better equipped to handle the new requirements, such as quickly scaling back production, for example in the automotive industry, or ramping up production, such as in the pharmaceutical sector. In future, these technologies will also ensure that companies can react particularly effectively to crisis situations and changing market requirements because they can adjust their production quickly and flexibly,” explains Klaus Helmrich, Member of the Board of Siemens AG and CEO Digital Industries. “This flexibility is also the next step toward autonomous production processes.”
Siemens is therefore integrating future technologies such as artificial intelligence, edge computing and cloud technologies, additive manufacturing or industrial 5G into its Digital Enterprise portfolio and helping industrial companies to work under these new conditions and to meet the requirements of today and tomorrow. Klaus Helmrich: “No company can meet the current challenges on their own. It's all the more important that industrial companies act in ecosystems. All stakeholders - developers, users, partners and integrators - can bring their own strengths and thus increase the value of these ecosystems.”  
This press release is available at https://sie.ag/2WibjYk
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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.
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