Siemens filed patent applications in Europe for 2,220 inventions in fiscal 2017; more than any other German company

(Copyright: European Patent Office 2018)

• Second place in the European Patent Office’s application rankings for 2017
• About 19 percent more applications filed in Europe than in the prior year
• 7,450 inventions worldwide in fiscal 2017 – 34 inventions per day

MUNICH, 07-Mar-2018 — /EuropaWire/ — Siemens – followed by Robert Bosch and BASF – submitted more European patent applications than any other German company in fiscal 2017. In addition, among companies worldwide that filed European patent applications in 2017, Siemens advanced from sixth to second place, after the Chinese company Huawei, which was ranked No. 1 for the first time. In 2017, Siemens filed patent applications in Europe for 2,220 inventions – about 19 percent more than in the previous year, representing a greater increase than was achieved by any other company among the top ten. The European Patent Office (EPO) published the latest statistics today in Brussels.

“This ranking proves that we’ve further expanded our power of innovation,” said Beat Weibel, head of the Intellectual Property department at Siemens. “Nevertheless, our focus is not just on the mere number of patents but also on the quality and the broad regional distribution of our protective rights. Above all, digitalization and the importance of the service business are making broader coverage necessary.”

Siemens holds a total of 63,000 patents worldwide. The company’s employees submitted around 7,450 invention disclosure reports in fiscal 2017. Based on 220 workdays a year, this represents an average of about 34 inventions per day.

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 377,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

SOURCE: Siemens AG

Contact

Mr. Florian Martini
Werner-von-Siemens-Straße 1
80333  Munich
Tel: +49 (89) 636-33446
florian.martini​@siemens.com