Siemens

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The Wings, Siemens HQ Munich, April 2017

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First electric locomotive, built in 1879 by Werner von Siemens

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Bundesarchiv Bild 183-1985-0607-500, Ernst Udet in Flugzeug "Flamingo"

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USHMM95273 -Siemens factory in KZ Bobrek

Siemens AG is a global technology company headquartered in Munich, Germany. It is one of the largest industrial manufacturing companies in Europe, focusing on areas such as electrical engineering, automation, and digitalization. Siemens provides a wide range of products, services, and solutions, particularly in the fields of energy, healthcare, industry, and infrastructure & cities.

History

Siemens was founded in 1847 by Werner von Siemens and Johann Georg Halske as a telegraph company. The company's first invention was the pointer telegraph, which revolutionized long-distance communication. Over the years, Siemens expanded its operations and entered new markets, including building the first electric railway and establishing a presence in the telecommunications industry.

Business Areas

Siemens operates through several business units, each focusing on different sectors:

Energy

The Energy sector of Siemens focuses on technologies for power generation and transmission, including renewable energy solutions like wind turbines and solar power. This sector aims to support the global transition to a more sustainable energy system.

Healthcare

Siemens Healthineers, a separately managed company under Siemens AG, is a leading provider of medical technology and diagnostic services. It offers a wide range of products in imaging, laboratory diagnostics, and advanced therapies.

Industry

The Industry sector provides a broad spectrum of products, systems, and solutions for manufacturing and industrial processes. This includes automation technology, industrial software, and drive technology.

Infrastructure & Cities

This sector focuses on sustainable technologies for metropolitan areas and urban infrastructures, including mobility solutions, building technologies, and smart grid applications.

Innovation and Sustainability

Siemens is committed to innovation, with a significant portion of its revenue invested in Research and Development (R&D). The company has made substantial advancements in digitalization, exemplified by its MindSphere platform, an open cloud-based Internet of Things (IoT) operating system.

Sustainability is another core focus for Siemens, aiming to become carbon neutral by 2030. The company implements various initiatives to reduce its environmental impact and promote sustainable development.

Global Presence

With operations worldwide, Siemens has a strong international footprint. It operates in around 200 countries, with a significant presence in Europe, Asia, the Americas, and Africa.

Challenges and Controversies

Throughout its history, Siemens has faced various challenges and controversies, including allegations of corruption and bribery. The company has taken steps to address these issues, implementing strict compliance and governance measures.

Conclusion

Siemens AG remains a pivotal player in the global technology and engineering sector, driving innovation and sustainability. Its diverse portfolio and commitment to addressing contemporary challenges position Siemens as a key contributor to industrial and technological progress.

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