Chief Technology Officer, and Chief Strategy Officer at Siemens AG, Peter Koerte said, “Data centres are growing significantly, double-digit around the world.”

Siemens AG announced on Thursday that its revenue in the fourth quarter of the fiscal year 2024 increased by 1% to €20.8 billion. The company's net income rose 11% year-over-year to €2....

More to come......

Siemens reported a drop in profit at its industrial business on Thursday and lowered its sales target for next year, citing geopolitical risks like trade conflicts and weak consumer demand. The German engineering group said its industrial profit fell 7% to 3.12 billion euros ($3.29 billion) in the…

CEO Bruch emphasises India’s value, yet exit remains a possibility

Peter Koerte Siemens AG, said currently the U.S. is the company’s biggest market followed by China, Germany and France along with some neighbouring markets

Siemens and FC Bayern Munich have developed a six-part video campaign called "#ItTakesMore" that aims to take a more honest look at success – and, in the process, show what it really takes to make things happen, namely continuous personal development, and refusing to rest on your laurels.

Nach dem gestrigen Rückschlag hält sich der DAX über der Marke von 19.000 Punkten. Neben Unternehmensbilanzen dürften heute auch die US-Inflationsdaten vom Oktober für weitere Bewegung sorgen.

The Siemens Building Technologies Division’s Beltsville, Md. branch office was recently awarded LEED® for Existing Buildings: Operations & Maintenance (EB: OM) certification by the United States Green Building Council (USGBC).

Siemens recently announced a limited-time offer, effective until May 31, 2017. Under this program, users of any machine tool with SINUMERIK CNC onboard will receive a variety of additional services, plus training and a 10% discount on spare parts orders. 

The Sinamics G120XE was designed specifically for the demands of industrial pump, fan and compressor applications in a wide variety of markets.

This product is optimized for pump, fan, and compressor applications in industries such as water/wastewater, HVACR, and more.

The business employs around 600 people and generated revenues of approximately $63 million in 2021.

Siemens is working to expand their offerings to fit any building size, with any amount of complexity.

Posted by SEC Consult Vulnerability Lab via Fulldisclosure on Nov 12

Altair is known for its computational science and AI for industrial simulation and data analytics.

Read more: Siemens to buy Altair for $10bn to boost industrial software

In This Article: MUNICH (Reuters) - Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of obtaining project guarantees last year that are backed by the German government. A year ago, Berlin supported Siemens Energy with…

Siemens Building Technologies division announced it will acquire Enlighted Inc., a smart IoT building technology provider. The transaction is expected to close in Q3’18.

Enlighted Inc.’s core element is an advanced lighting control application. It is based on a patented, software-defined smart sensor that collects and monitors real-time occupancy, light levels, temperatures and energy usage.

The sensor can gauge temperature, light level, motion, energy, and has Bluetooth connectivity.

The Enlighted system works by collecting temperature, light and motion data via its smart sensors. A gateway device carries the information to Energy Manager, a secure browser-based interface to create profiles and adjust settings of the entire Enlighted Advanced Lighting Control System. The Energy manager operates as an analytics device.

The whole system consists of multi-function sensors, distributed computing, a network, and software applications run by Enlighted Inc.

Enlighted Inc.’s main target market is commercial real estate. Key use cases of its intelligent Lighting Control System are energy efficiency, controlling heating, ventilation and air conditioning, and building utilization reports.

Use the Postscapes 'Connected Products Framework' to understand the smart home and buildings eco-system.

Expects growth to be driven by the company’s infrastructure vertical

Marine Current Turbines (MCT), the tidal energy company owned by German engineering giant Siemens has announced that it has suspended development of a planned 10 MW tidal array in Wales.

Technology and equipment giant Siemens AG has decided to sell its tidal energy company, Marine Current Turbines Ltd., citing slow development in the marine and hydrokinetics sector.

The downfall of two leading marine- energy developers is damping hope that the emerging industry, which has already lost almost $1 billion, will ever get the technology to market.

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A historic moment for the energy industry — leading technology company Siemens abandons its nuclear division in favor of growing wind market.

Siemens recently broke ground on a wind power nacelle production facility in Hutchinson, Kansas; the facility will bring more than 400 green-collar jobs to the

When the EPA announced a reduction in the acceptable levels of arsenic in drinking water, Siemens’ GFH® media-based system made compliance achievable.

Markforged, a Watertown, MA-based manufacturer of industrial 3D printers, closed an $82m Series D round of funding.

The heads of Deutsche Bank and Siemens, two of Germany’s biggest companies, are among a dwindling number of high-profile delegates still scheduled to attend an investment conference in Saudi Arabia following the disappearance of dissident journalist Jamal Khashoggi.

Siemens Building Technologies division announced it will acquire Enlighted Inc., a smart IoT building technology provider. The transaction is expected to close in Q3’18.

Enlighted Inc.’s core element is an advanced lighting control application. It is based on a patented, software-defined smart sensor that collects and monitors real-time occupancy, light levels, temperatures and energy usage.

The sensor can gauge temperature, light level, motion, energy, and has Bluetooth connectivity.

The Enlighted system works by collecting temperature, light and motion data via its smart sensors. A gateway device carries the information to Energy Manager, a secure browser-based interface to create profiles and adjust settings of the entire Enlighted Advanced Lighting Control System. The Energy manager operates as an analytics device.

The whole system consists of multi-function sensors, distributed computing, a network, and software applications run by Enlighted Inc.

Enlighted Inc.’s main target market is commercial real estate. Key use cases of its intelligent Lighting Control System are energy efficiency, controlling heating, ventilation and air conditioning, and building utilization reports.

Use the Postscapes 'Connected Products Framework' to understand the smart home and buildings eco-system.

Siemens Gamesa Renewable Energy (SGRE) said that is has begun operation of its electric thermal energy storage system (ETES), a milestone in the development of energy storage solutions, according to the company.

Global energy powerhouse Siemens is to undergo a fundamental transformation by spinning off its gas and power divisions into a new entity which will also comprise its stake in windpower firm Siemens Gamesa.

Siemens Gamesa Renewable Energy (SGRE) said that is has begun operation of its electric thermal energy storage system (ETES), a milestone in the development of energy storage solutions, according to the company.

Technology and equipment giant Siemens AG has decided to sell its tidal energy company, Marine Current Turbines Ltd., citing slow development in the marine and hydrokinetics sector.

This week Siemens Gamesa said it signed its third contract in so many years with Voltalia in Brazil to supply wind turbines for wind farms the company is building.

With more than 3,000 MW installed in Canada, Siemens Gamesa Renewable Energy is the market leader by cumulative installed capacity

Global energy powerhouse Siemens is to undergo a fundamental transformation by spinning off its gas and power divisions into a new entity which will also comprise its stake in windpower firm Siemens Gamesa.

Siemens Gamesa Renewable Energy (SGRE) said that is has begun operation of its electric thermal energy storage system (ETES), a milestone in the development of energy storage solutions, according to the company.

Siemens is preparing for a prolonged economic trough triggered by the COVID-19 pandemic, Chief Executive Joe Kaeser told CNBC on Friday after releasing fiscal second-quarter results.

Siemens has secured a 3 billion euro ($3.25 billion) loan that will be transferred to the group's Energy unit, which is scheduled to be spun off at the end of September, Chief Executive Joe Kaeser told Bloomberg TV on Friday.

Siemens stock surged on Friday after the German engineering company said it was speeding up cost savings to tackle the coronavirus downturn and the flotation of its energy business remained on track.

Eight former executives and agents of Siemens AG and its subsidiaries have been charged for allegedly engaging in a decade-long scheme to bribe senior Argentine government officials to secure, implement and enforce a $1 billion contract with the Argentine government to produce national identity cards.

Siemens CEO Joe Kaeser discusses the impact of the coronavirus pandemic on the company's earnings.

Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter.