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Siemens Redefining its Role in Industrial Digitalization

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Siemens is leaving no stone un-turned while redefining the industrial digitisation. Today, around 900 software developers, data specialists and engineers are already working together with Siemens customers at these centres to develop digital innovations for data analysis and machine learning.

New solutions are being developed on MindSphere, Siemens’ open, cloud-based operating system for the Internet of Things (IoT). To be close to its customers, the company has distributed its 20 centres across around 50 locations in 17 countries worldwide. “We’re continuously expanding our leadership role in industrial digitisation,” said Joe Kaeser, Siemens President and CEO. “With our global experience in electrification and automation and our industrial software expertise, we’re generating optimal benefits for our customers – benefits that no other companies can replicate at such high levels of performance.”

Siemens has launched its MindSphere IoT operating system across the company about a year ago. Around one million devices and systems are now connected together via MindSphere, and this figure is to reach 1.25 million by the end of fiscal 2018. Beginning in January 2018, it will also be available on Amazon Web Services. This partnership brings Siemens and leading cloud solutions provider. As a result, users enjoy the benefits of a more powerful development environment, additional analysis functions and expanded connectivity. Industrial applications and digital services can be developed and run on MindSphere.

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To further accelerate the innovation process, Siemens will again increase its research and development (R&D) expenditures in fiscal 2018 and invest an additional sum of around €450 million.   Read more…

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