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Search Results for: Siemens AG
Logicor and BSH Hausgeräte GmbH Renew Lease Agreement for Key Logistics Property in Nauen
(IN BRIEF) Logicor has renewed its lease agreement with BSH Hausgeräte GmbH for a 52,000 sqm logistics property in Nauen, Brandenburg, Germany. This renewal includes a Green Lease clause, committing both parties to resource conservation and energy optimization, thus contributing … Read the full press release
Posted in Business, Germany, Industrial, Transportation & Logistics
Tagged Bosch Group, Brandenburg, BSH Hausgeräte GmbH, climate protection, competitive pricing, comprehensive solutions, Country Manager Germany, economic growth, economic hub, energy consumption, energy optimization, Germany, Green Lease clause, lease agreement, Logicor, logistics, logistics property, Moritz Heißenberg, natural resources, Nauen, resource conservation, Robert Bosch GmbH, Siemens AG, strategic value, sustainability
Siemens Mobility to Modernize Berlin U5 and U8 Metro Lines with Advanced CBTC Technology
(IN BRIEF) Siemens Mobility has secured a contract with Berliner Verkehrsbetriebe (BVG) to implement a Communications-Based Train Control (CBTC) system on Berlin’s U5 and U8 metro lines. The Trainguard MT CBTC solution will enable semi-automated operations by 2029 on the … Read the full press release
Posted in Germany, Industrial, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged automated train operations, Berlin metro, Berliner Verkehrsbetriebe, BVG, CBTC, Communications-Based Train Control, digital signaling, emergency braking, freight, GoA2, Grade of Automation 2, intelligent mobility solutions mass transit, Michael Peter, rail infrastructure, Siemens Mobility, train control system, Trainguard MT, U5 metro line, U8 metro line
Siemens and Boson Energy Partner to Transform Non-Recyclable Waste into Green Hydrogen
(IN BRIEF) Siemens AG and Boson Energy have signed a Memorandum of Understanding to collaborate on converting non-recyclable waste into clean hydrogen energy. Utilizing Siemens’ advanced technology and consultancy services, including automation and digitalization from the Siemens Xcelerator portfolio, the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Switzerland, Technology
Tagged ACHEMA Fair, automation, Axel Lorenz, Boson Energy, circular economy, clean energy, CO₂ reduction, digital services, digitalization, distributed production, electric vehicle charging, electrification, fast charging, fossil fuels, Frankfurt, Germany, global carbon footprint, green energy transition, grid stability, HPAG, Hydrogen by Plasma Assisted Gasification, hydrogen-powered, Jan Grimbrandt, local energy security, non-recyclable waste, Poland, scalable solutions, Siemens, Siemens Xcelerator portfolio, standardization, sustainable hydrogen
Siemens Unveils Groundbreaking Circuit Breaker with Biomass-Balanced Plastics
(IN BRIEF) Siemens Smart Infrastructure and BASF have partnered to introduce a groundbreaking innovation in electrical safety products, unveiling the first circuit breaker to incorporate components made from biomass-balanced plastics. The SIRIUS 3RV2 circuit breaker utilizes materials derived from renewable … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Andreas Matthé, BASF, Biomass-Balanced Plastics, Martin Jung, partnership, Siemens, SIRIUS 3RV2 circuit breaker, sustainability
Leadership Shifts Signal Strategic Pivot for Schaeffler AG
(IN BRIEF) Schaeffler AG announces leadership changes, with Heiko Eber appointed Head of Investor Relations (IR) and Renata Casaro tasked with leading the newly established Global Risk & Macroeconomic Analysis unit, effective June 1, 2024. Eber, previously managing IR at … Read the full press release
Siemens Unveils Catapult™ AI NN Software for Neural Network Accelerator Synthesis
(IN BRIEF) Siemens Digital Industries Software introduces Catapult™ AI NN software, a cutting-edge solution for High-Level Synthesis (HLS) of neural network accelerators on Application-Specific Integrated Circuits (ASICs) and System-on-a-chip (SoCs). Developed in collaboration with leading contributors to hls4ml and Fermilab, … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Catapult™ AI NN Software, Fermilab, hls4ml, Mo Movahed, Neural Network Accelerator Synthesis, Panagiotis Spentzouris, partnership, Siemens, sustainability, USA
University of East London Partners with Siemens to Achieve Carbon Emission Reduction Milestone
(IN BRIEF) In a significant milestone toward its 2030 net-zero target, the University of East London (UEL) has successfully reduced its carbon emissions by 10% from its 2020/21 baseline to 2022/23, marking the first phase of its net zero strategy. … Read the full press release
Posted in Business, Education, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Carbon Emission Reduction, Faye Bowser, partnership, Professor Amanda Broderick, Siemens, sustainability, UK, University of East London
ABB Expands Market Reach in China with Acquisition of Siemens’ Wiring Accessories Business
(IN BRIEF) ABB has announced its agreement to acquire Siemens’ Wiring Accessories business in China, a strategic move aimed at broadening its market reach and enhancing its regional customer offerings within smart buildings. The acquisition encompasses wiring accessories, smart home … Read the full press release
Energinet Partners with Siemens Energy to Accelerate Green Grid Expansion in Western Denmark
(IN BRIEF) Energinet, Denmark’s National Electricity Transmission System Operator, has awarded Siemens Energy a comprehensive contract to expand the power grid in Western Denmark over the next eight years. With plans to construct approximately 50 new or reinforced 150 kV … Read the full press release
Siemens Energy and Energinet Forge EUR 1.4 Billion Pact to Revamp Denmark’s Energy Grid
(IN BRIEF) Siemens Energy and Energinet, Denmark’s state-owned energy company, have entered a landmark EUR 1.4 billion framework agreement to modernize the country’s energy infrastructure. The deal focuses on expanding the electricity grid in Western Denmark through the construction of … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Energinet, energy grid, Henrik Riis, partnership, Siemens, Siemens Energy, sustainability, Tim Holt
Siemens Approves Sale of Innomotics to KPS Capital Partners for €3.5 Billion
(IN BRIEF) Siemens AG has greenlit the sale of Innomotics, a world-leading electric motors and large drives company, to KPS Capital Partners, LP (“KPS”) for €3.5 billion. The decision to divest Innomotics aligns with Siemens’ strategic portfolio optimization efforts, providing … Read the full press release
Siemens Reports Resilient Second-Quarter Performance Amidst Market Challenges
(IN BRIEF) Siemens AG showcased a robust second-quarter performance, with revenue holding steady at €19.2 billion and orders reaching €20.5 billion, marking a 12 percent decline from the previous year. The company’s industrial software business exhibited strong growth, particularly in … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Ralf P. Thomas, Roland Busch, Siemens
Siemens and Foxconn Forge Alliance to Revolutionize Smart Manufacturing and Sustainability
(IN BRIEF) Siemens AG and Hon Hai Technology Group (Foxconn) have inked a memorandum of understanding (MoU) to spearhead digital transformation and sustainability in smart manufacturing platforms. This collaboration aims to optimize global manufacturing processes, particularly in electronics, information and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Cedrik Neike, Dr. Zhe Shi, Foxconn, partnership, Roland Busch, Siemens, smart manufacturing, sustainability, Taiwan, Young Liu
Siemens Launches Innovative Credential Program to Address Engineering Talent Gap
(IN BRIEF) Siemens Digital Industries Software introduces a groundbreaking program in collaboration with the University of Colorado Boulder and Pennsylvania State University to credential students and enhance career readiness in engineering fields. These industry-recognized credentials, endorsed by ABET, will supplement … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged ABET, Dora Smith, Dr. Christy Bozic, Dr. Meg Handley, Education, Engineering Talent Gap, Innovative Credential Program, Jessica Silwick, partnership, Pennsylvania State University, Siemens, sustainability, University of Colorado Boulder, USA
Siemens Unveils AI-Driven Solutions for Water Industry Optimization
(IN BRIEF) Siemens, a forefront technology company, introduces new AI-powered software applications tailored for the water and wastewater industry, aiming to streamline plant operations and enhance sustainability. These self-service solutions, such as SIWA Leak Finder and SIWA Blockage Predictor, leverage … Read the full press release
Siemens Completes Solar Farm to Power University of York’s Institute for Safe Autonomy
(IN BRIEF) Siemens has finalized the construction of a 200kWp solar farm at the University of York’s Institute for Safe Autonomy, as part of a £1.5 million research endeavor funded by the UK Research Partnership Investment Fund (UKRPIF). This collaborative … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Faye Bowser, partnership, Professor Miles Elsden, Siemens, solar farm, sustainability, UK, University of York
Siemens Mobility Selected as Preferred Bidder for Brightline West High-Speed Rail Project
(IN BRIEF) Brightline has announced Siemens Mobility as the “preferred bidder” to manufacture ten “American Pioneer 220” (AP 220) train sets for the Brightline West high-speed rail project connecting Las Vegas and Southern California, with service expected to commence in … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged AP 220, Brightline, Marc Buncher, Michael Reininger, partnership, Siemens, Siemens Mobility, sustainability, USA, West High-Speed Rail Project
Fraunhofer-Gesellschaft and Siemens Spearhead Battery Cell Research in Münster
(IN BRIEF) The Fraunhofer-Gesellschaft initiates a groundbreaking project in Münster, Germany, by commissioning a research factory for battery cells, set to bolster the region’s electromobility sector. Partnering with Siemens AG, the project aims to revolutionize battery production, positioning “Made in … Read the full press release
Siemens and BILT Revolutionize Electrician Training with Immersive Spatial Models on Apple Vision Pro
(IN BRIEF) Siemens and BILT are pioneering a groundbreaking approach to electrician training by optimizing their 3D Intelligent Instructions for Apple Vision Pro. As the demand for skilled electricians rises, effective training becomes crucial. Leveraging BILT on Apple Vision Pro, … Read the full press release
Posted in Artificial Intelligence (AI), Education, Electronics & Machinery, Industrial, Switzerland, Technology
Tagged 3D Intelligent Instructions, Andreas Matthé, Apple Vision Pro, BILT, digitalization, Electrician training 3D Intelligent Instructions, Hannover Messe, Immersive learning, Industry innovation, Nate Henderson, Peter Koerte, Siemens, Siemens Xcelerator Ecosystem, Spatial models, t Siemens Smart Infrastructure, Xcelerator Ecosystem
Siemens Unveils Electrification X: Revolutionizing Infrastructure Transformation
(IN BRIEF) Siemens Smart Infrastructure has introduced Electrification X, the latest addition to its Xcelerator portfolio, aiming to revolutionize the transformation of electrification infrastructure. Building upon the success of Building X and Gridscale X, Electrification X offers scalable IoT SaaS … Read the full press release
Siemens Launches Groundbreaking Technology Center at Garching Research Campus
(IN BRIEF) Siemens inaugurates the first building complex of the Siemens Technology Center (STC) at Garching Research Campus, marking a significant milestone in Germany’s technological advancement. The STC, situated alongside prestigious institutions like the Technical University of Munich (TUM), the … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged artificial intelligence, BMW, digitalization, Garching Research Campus, Markus Blume, partnership, Peter Körte, SAP, Siemens, sustainability, Technical University of Munich, Technology Center, the Fraunhofer Institutes, Thomas F. Hofmann
Siemens Unveils Next-Generation Simatic S7-1200 G2 Controllers at Hannover Messe 2024
(IN BRIEF) Siemens announces the forthcoming release of the Simatic S7-1200 G2 controllers, set to debut in winter 2024, marking the first new generation of controllers in a decade. Promising enhanced motion control, flexible machine safety features, increased performance, and … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Hannover Messe 2024, Siemens, Simatic S7-1200 G2 Controllers
MYTILINEOS and Siemens Energy Forge Ahead with 560 MW CCGT Power Unit Construction in Poland
(IN BRIEF) MYTILINEOS Energy & Metals, in partnership with Siemens Energy, has embarked on the construction of a 560 MW Combined Cycle Gas Turbine (CCGT) power unit at the Adamów Power Plant in Poland. The Engineering, Procurement, and Construction (EPC) … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Combined Cycle Gas Turbine (CCGT) Power Unit, construction, Germany, MYTILINEOS, partnership, Poland, Siemens Energy, sustainability
Triton Fund V Completes Acquisition of Siemens Energy’s Trench Business
(IN BRIEF) Triton Fund V, under Triton’s advisement, has finalized the acquisition of Siemens Energy’s Trench business, a leading manufacturer of high-voltage grid components. Trench, renowned for its expertise and global presence with nine factory locations and 2,400 employees worldwide, … Read the full press release
Siemens Marks 125th Anniversary of Stock Market Debut with Record Growth
(IN BRIEF) Siemens celebrates its 125th year on the stock exchange, tracing back to its historic debut on the Berlin Stock Exchange on March 8, 1899. Established as a small workshop in Berlin in 1847, Siemens quickly evolved into an … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged 125th Anniversary, Berlin Stock Exchange, Ralf P. Thomas, Siemens, Stock Market Debut
Siemens Mobility to Establish Cutting-Edge Rail Infrastructure Hub in Chippenham with €115 Million Investment
(IN BRIEF) Siemens Mobility announces a €115 million investment to establish a state-of-the-art rail infrastructure manufacturing, digital engineering, and R&D center in Chippenham, UK, replacing its current site by 2026. This strategic move underscores Siemens Mobility’s commitment to innovation and … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Chippenham, investment, Jeremy Hunt, Karl Blaim, partnership, Rail Infrastructure Hub, Siemens, Siemens Mobility, sustainability, UK
Siemens Launches EcoTech Label, Redefining Transparency in Product Sustainability
(IN BRIEF) Siemens introduces its sustainability product label approach, Siemens EcoTech, aiming to set a new standard for transparency in the industry. With Siemens EcoTech, customers gain comprehensive insight into product performance across various environmental criteria, facilitating informed decisions to … Read the full press release
Posted in Business, Environment, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged Judith Wiese, Matthias Rebellius, Siemens, Siemens EcoTech, sustainability
Siemens Launches Revolutionary Circuit Protection Device: SENTRON ECPD
(IN BRIEF) Siemens introduces SENTRON ECPD (Electronic Circuit Protection Device), a groundbreaking innovation in circuit protection technology. The device offers ultra-fast, wear-free switching, up to 1,000 times faster than conventional circuit breakers, enhancing safety and minimizing short-circuit energy. It provides … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Andreas Matthé, Circuit Protection Device, SENTRON ECPD, Siemens
Poland’s Cargounit Invests in Siemens Locomotives for European Rail Modernization
(IN BRIEF) Cargounit, Poland’s leading locomotive leasing company, partners with Siemens Mobility to purchase 30 Vectron locomotives with an option for 60 more, along with 10 Smartron locomotives. The deal aims to enhance cross-border rail transport in Europe. Vectron locomotives, … Read the full press release
Enhancing Cycling Safety: Lazer Sport Partners with Siemens Xcelerator
(IN BRIEF) Lazer Sport NV, a prominent European cycling helmet manufacturer, has partnered with Siemens Digital Industries Software to develop their latest innovation, KinetiCore rotational impact protection technology. Through the adoption of Siemens Xcelerator portfolio, Lazer Sport aims to enhance … Read the full press release
Posted in Belgium, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Sports, Technology
Tagged Bastiaan Van Asch, Belgium, Cycling Safety, Emiel Spreeuwers, Hadi Ghiaballoo, KinetiCore, Lazer Sport, partnership, Siemens Digital Industries Software, Siemens Xcelerator, sustainability
Siemens Unveils Gridscale X DER Insights Software to Enhance Grid Visibility and Support Net-Zero Goals in the US
(IN BRIEF) Siemens has introduced Gridscale X DER Insights software, aiming to revolutionize grid management and support the US’s goal of achieving net-zero emissions by 2050. As distributed energy resources (DERs) proliferate, utilities face operational challenges in managing grid stability … Read the full press release
Siemens Unveils Gridscale X Software to Accelerate Grid Decarbonization and Digital Transformation
(IN BRIEF) Siemens has introduced Gridscale X, a groundbreaking software solution aimed at revolutionizing grid management and facilitating the energy transition. Gridscale X empowers utilities to rapidly scale grid capacity, manage the complexity of distributed energy resources (DERs), and enhance … Read the full press release
Siemens Unveils Veloce™ CS: Next-Gen Hardware-Assisted Verification and Validation System
(IN BRIEF) Siemens Digital Industries Software launches the Veloce™ CS system, a groundbreaking hardware-assisted verification and validation solution merging hardware emulation, enterprise prototyping, and software prototyping. Built on advanced integrated circuits including Siemens’ Crystal accelerator chip and the AMD Versal™ … Read the full press release
Vectron Locomotives: Railpool’s Strategic Investment with Siemens Mobility
(IN BRIEF) Railpool and Siemens Mobility have entered into a significant agreement for the delivery of up to 250 locomotives, with Railpool initially calling up 70 Vectron locomotives. These locomotives, including multisystem and AC variants, will enhance Railpool’s operational flexibility … Read the full press release
Posted in Germany, Industrial, Technology, Transportation & Logistics
Tagged Albrecht Neumann, locomotives, rail, Railpool, rolling stock, Siemens Mobility, Torsten Lehnert, train, Vectron locomotives
Siemens Unveils Innovative Solutions for Sustainable Building Technology at MCE 2024
(IN BRIEF) Siemens Smart Infrastructure will showcase its innovative and sustainable heating, cooling, and ventilation solutions at the Mostra Convegno Expocomfort (MCE) trade show in Milan from March 12 to 15. Among the highlights is the MVL702 magnetic expansion valve, … Read the full press release
Siemens Powers Sustainable Mobility at Lisbon’s Infinity Building with Innovative EV Charging Solution
(IN BRIEF) Siemens Smart Infrastructure has installed 200 VersiCharge wallboxes and an intelligent charging management system at Lisbon’s Infinity building, a prestigious residential site known for its commitment to sustainability. This solution, customized by Siemens engineering teams, enables dynamic and … Read the full press release
Posted in Automotive, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Portugal, Real Estate, Switzerland, Technology
Tagged energy storage systems, Infinity building, intelligent charging management system, José Cardoso Botelho, Lisbon, Markus Mildner, PORTUGAL, power grid automation, renewable energy generation, SICAM A8000 series, SICAM DLM, SICAM Dynamic Load Management, Siemens, Siemens Smart Infrastructure, Siemens Xcelerator, VersiCharge wallboxes
Siemens Appoints Todd Weatherby as CEO of Advanta, Bolstering Digital Transformation Expertise
(IN BRIEF) Todd Weatherby, a seasoned executive with extensive experience in the technology sector, has been named as the Chief Executive Officer of Siemens Advanta, effective March 1, 2024. With a background encompassing leadership roles at renowned technology companies like … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged Advanta, appointment, Cedrik Neike, CEO, digital transformation, leadership, Siemens, Todd Weatherby