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CommentsWerner von Siemens and his partner Johann Georg Halske, laid the cornerstone 162 years ago for a global enterprise that will change the world. From building Telegraphen-Bauanstalt von Siemens & Halske in Berlin in 1847, he moved on to open a London office in 1850 and constructed a telegraph network in Russia in 1853. Today, Siemens is a global technology powerhouse.
Siemens stemmed from a vision of two individuals striving to make a difference. In its early years, it made historic contributions in the field of technology; the most notable are the construction of the Indo-European telegraph line from London to Calcutta in 1870 and the US-Ireland transatlantic telegraph cable in 1874.
In the modern era, Siemens AG is currently changing the world with 430,000 employees to assist it. Siemens touches lives everywhere with its broadened scope of services – from electricity, electronics, medical equipment, systems and technological services. It has become a global leader in the areas of Power, Automations and Control, Transportation, Information and Communication, Medical Equipment, Water Technologies and Home Appliances.
Since its foundation, Siemens AG has become one of the largest electronics and engineering company in the world, having a presence in 192 countries and operating with innovative strength, strategic portfolio policy, sound financial planning, loyal and competent workforce and a global scope.
Headquartered in Munich, Germany, Siemens AG has several subsidiaries and operates eleven businesses in the United States. In terms of profitability, its reported worldwide sales reached $110.82 billion in 2008. The New York-based Siemens USA employs 70,000 people and contributes 20% of worldwide revenues for Siemens AG.
Siemens has become synonymous with innovation; the company’s adaptability to change allows it to manufacture products that solve the world’s changing needs and problems. By developing an extensive research and development unit, accommodating an estimated 32,500 Siemens researchers worldwide, it has developed innovations to ensure its position in the global market.
Operating on a matrix structure, the company is a conglomerate of three main business sectors: Energy, Industry, and Healthcare, including 15 Divisions – each division headed by a CEO.
The Industry Sector is composed of the Industrial Solutions and Services (I&S), OSRAM, Siemens Building Technologies (SBT), Transportation Systems (TS), and Automation and Drives (A&D), which provides products, services and solutions for customers in the fields of building systems, transportation, and production.
The Energy Sector is comprised of the Power Transmission and Distribution Group (PTD) and PG, or Power Generation Group, offering solutions for the oil and gas industry as well as generation, transmission and distribution of electrical energy.
The Medical Solutions Group businesses offer a comprehensive portfolio of medical solutions. This is what comprises the Healthcare Sector.
Siemens in the News:
- Siemens, GE, Cicsa Compete For Mexico Platform Contract
- Siemens Sees U.S. Stimulus Plan Spurring Wind-Energy Growth
- SuccessFactors snags Siemens software deal
Post Author: guest