Accelerating the
Industrial Internet of Things

Siemens

Ingenuity for Life

Siemens

Germany
1887
Public
ETR: SIE
> $10b
> 50,000
 Open website
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DESCRIPTION
Siemens is the largest engineering company in Europe. With their positioning along the electrification value chain, Siemens has the knowhow that extends from power generation to power transmission, power distribution and smart grid to the efficient application of electrical energy.

Featured Subsidiaries/ Business Units:
- Digital Factory
- Siemens Technology to Business (TTB)
In the near future, billions of pieces of equipment will be connected to one another and massive amounts of data will pouring in. Advanced algorithms, high-powered computing, better connectivity and cloud storage all facilitate the emergence of smart systems. Knowing how to leverage the respective opportunities, however, requires a unique set of skills.

Siemens has the engineering, domain and digital know-how to generate performance improvements across the entire value chain, from design to production and operations to maintenance.

Digital simulation technology accelerates the plant design, the installation and commissioning as well as the entire product design and production planning process. Multiple components in systems and plants can be intelligently networked to communicate with each other and exchange real-time data. Machine learning makes complex systems more efficient without human intervention. The intelligent analysis of operational data helps identify patterns and predict potential downtimes. Minimum downtimes boost reliability thanks to lifecycle services.
ARUP Laboratories, Digital Realty, University of Michigan
IOT SNAPSHOT
The IoT ONE Radar indicates a vendor's relative focus on hardware, software and services.
Hardware
Processors provide the intelligence behind IoT systems and are often integrated into system-on-a-chip designs.
Hardware that enables dual directional communication for data collection and control message delivery. Examples include cellular, Ethernet, and Wi-Fi.
Sensors transform energy into electrical data; they are the eyes and ears of IoT. Actuators transform electrical data into energy; they are the muscle of IoT.
Technologies that enable legacy devices and other systems to connect to the IoT. They integrate technologies and protocols for networking.
Hardware products that are used by end users that contain IoT technology.
Software
Software that ingests data and visualises it to generate insights to answer specific questions
Software that can take over complex human operations and operate independently of human intervention.
Platforms that facilitate and allow application developments for specific use cases and/or client requirements.
Services
Bringing together software, hardware, middleware, and infrastructure components to build an end-to-end solution based on specific client requirements.
Developing custom hardware for specific uses and operating environments/needs.
Developing custom software for specific uses and operating environments/needs.
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