Siemens AG
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in mil. unless spec.Company Description
- CEO
- Roland Busch
- Full Time Employees
- 317,562
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- Werner-von-Siemens-Strasse 1 Munich BV Germany 80333
- IPO Date
- Nov 18, 1996
- Website
- siemens.com
- Similar Companies
- Business
- Siemens AG, a prominent technology conglomerate, drives advancements in automation, electrification, and digitalization across the globe, spanning Europe, Africa, the Middle East, the Americas, Asia, and Australia. The company’s diverse operations are organized into key segments: Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services. The Digital Industries division delivers cutting-edge automation systems and software for manufacturing facilities, encompassing numerical control solutions, a wide array of motors, drives, and inverters, alongside integrated automation platforms for industrial machinery and production lines. It also provides sophisticated process control systems, machine-to-machine communication tools, sensors, radio frequency identification technologies, and software for comprehensive production and product lifecycle management, including simulation and testing of mechatronic systems. This segment aims to significantly boost productivity and efficiency in industrial processes through innovative digital solutions. The Smart Infrastructure segment focuses on developing and providing products, integrated systems, solutions, and software services that facilitate the shift towards sustainable energy from both conventional and renewable sources. It also contributes to the creation of sustainable buildings and communities, offering solutions for building technology, robust electrification, and advanced electrical products. The Mobility segment addresses passenger and freight transport needs, offering a comprehensive portfolio that includes vehicles, modern trams and light rail systems, commuter trains, as well as powerful locomotives for both cargo and passenger services. It also provides advanced solutions for rail automation, electrification infrastructure, and integrated intermodal transport options. Siemens Healthineers, a medical technology leader, functions as a majority-owned, separately listed entity, with Siemens AG retaining approximately 71.1% ownership. It specializes in the development, manufacturing, and global distribution of a broad range of diagnostic and therapeutic products and services, alongside offering expert clinical consulting. Siemens AG recently announced plans to potentially transfer an additional 30% of Siemens Healthineers shares to its own shareholders, aiming for a more streamlined, software-centric industrial technology focus. The Siemens Financial Services (SFS) division provides a wide array of business-to-business financial solutions internationally. Its offerings include debt and equity investments, comprehensive leasing, lending, and working capital financing solutions, as well as specialized equipment, project, and structured financing, supporting both Siemens’ internal projects and external clientele across key industries such as energy, healthcare, and infrastructure. Founded in 1847, Siemens AG maintains its headquarters in Munich, Germany.
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