Siemens AG

Earnings data Q2 2021

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Siemens AG is a technology company, which engages in the areas of automation and digitalization. It operates through the following segments: Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services. The Digital Industries segment offers a product portfolio and system solutions for automation used in discrete and process industries. The Smart Infrastructure segment includes products, systems, solutions, services and software to support a transition from fossil to renewable energy sources. The Mobility segment combines all Siemens businesses in passenger and freight transportation. The Siemens Healthineers segment develops, manufactures, and sells diagnostic and therapeutic products, and services to healthcare providers. The Siemens Financial Services segment focuses on financing solutions for Siemens’ customers as well as other companies in the form of debt and equity investments. The company was founded by Johann Georg Halske and Werner von Siemens on October 12, 1847 and is headquartered in Munich, Germany.

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The clean tech revolution is advancing rapidly, with both electric vertical takeoff and landing (eVTOL) aircraft and electric vehicle (EV) infrastructure playing pivotal roles.

ChargePoint, Siemens Power EV Revolution As eVTOL Industry Prepares For Liftoff

French utility company Suez, German company Siemens and Abu Dhabi National Energy Company have signed a memorandum of understanding (MoU) to participate in a desalination initiative to help emerging market countries.

Suez, Siemens and Abu Dhabi National Energy Company join up in desalination initiative

Siemens plans to carve out its electric vehicle (EV) charging business, Siemens eMobility, to open opportunities for more growth, the German conglomerate said on Monday.

Siemens to carve out EV charging business

SIEGY signs a global framework agreement to bring fast-charging infrastructure to millions of electric vehicles in Europe.

Siemens Partners With E.ON to Expand EV Charging Network in Europe

SIEGY signs a deal to acquire the US-based distributor Trayer to expand its portfolio.

Siemens to Boost Grid Modernization Portfolio With Trayer Buyout

The opening of Turkey's first nuclear plant has been delayed after Germany's Siemens Energy withheld key parts, prompting Russia's Rosatom, the builder and owner, to buy them in China, the Turkish energy minister said on Wednesday.

Turkish nuclear plant delayed by withheld Siemens parts, China to supply

Siemens plans to add a U.S. rail manufacturing facility in central New York to make bullet trains for Brightline West's railway connecting Las Vegas to Los Angeles, calling it the country's first such factory dedicated to producing high-speed trains.

Siemens Says It's Building The First U.S. Bullet Train Factory

LIBERTYVILLE, Ill.--(BUSINESS WIRE)-- #SaMD--JuneBrain is excited to announce our selection to receive a grant award from the Medical Device Innovation Consortium's Advanced Manufacturing Clearing House program! The $300,000 award has been afforded to support the modernization of our quality management system in collaboration with Compliance Group (CG) and Siemens Digital Industries. The provided funding will help to de-risk and streamline our trek to FDA clearance, including facilitation to incorporat.

JuneBrain Receives MDIC Advanced Manufacturing Clearing House Award; Selects Compliance Group to Implement Siemens Polarion Design Quality System

1000 inverters to be delivered for ground-mounted projects starting in 2025 1000 inverters to be delivered for ground-mounted projects starting in 2025

Summit Ridge Energy and Siemens Announce Agreement for Domestic Content Inverters

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The economy is stable but cooling, with the labor market showing signs of slowing down. GDP growth is likely to keep falling, and individual companies could suffer. Long-term investors should focus on companies with strong risk management and adaptability to changing economic conditions, ensuring consistent returns and dividend growth. These 10 companies average an A-credit rating and S&P risk management in the top 0.4% of global companies.

10 High-Yield A-Rated Blue-Chips For Potentially Scary Times Ahead

Dublin, Aug. 29, 2024 (GLOBE NEWSWIRE) -- The "Airport Notification Systems - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Airport Notification Systems was estimated at US$1.7 Billion in 2023 and is projected to reach US$2.5 Billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers and forecasts. What Technologies Power Airport Notification Systems? The backbone of Airport Notification Systems is a combination of advanced technologies that work together to deliver precise and timely information. These systems leverage data analytics, artificial intelligence (AI), and machine learning to predict and manage potential disruptions. For instance, AI algorithms can analyze historical data and current conditions to anticipate delays and proactively notify passengers. Additionally, Internet of Things (IoT) devices and sensors installed throughout the airport gather real-time data on passenger flow, security wait times, and gate occupancy, which is then processed and disseminated through ANS.

Airport Notification Systems Market Report 2024-2030, with Profiles of Inform Software, International Display Systems, RESA, Siemens, Simpleway Europe, SITA Ultra and Electronics Airport Systems

Chicago, Aug. 23, 2024 (GLOBE NEWSWIRE) -- At a CAGR of 7.4%, the Parking Management Market is expected to expand from USD 5.6 billion in 2024 to USD 8.1 billion by 2029, according to a new report by MarketsandMarkets™.  The increasing population density in urban areas necessitates the provision of adequate parking facilities. This commenced with the growing number of people who shifted their residences from rural to urban areas, thus increasing demand for adequate parking space since the number of vehicles on the road rose. This trend fuels the market's need to address the increasing number of vehicle ownerships by providing sophisticated solutions to meet the demands of owners and manufacturers. Good parking discipline ensures that many available parking spaces in the cities are utilized to the maximum, hence diminishing disorderly parking drills that are common in many streets, thus enhancing the quality of life in cities.

The Rise of Parking Management Market: A $8.1 billion Industry Dominated by Tech Giants - Siemens (Germany) and Amano (Japan)| MarketsandMarkets™

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Siemens has chosen Toyota's Vanderlande as a buyer for its airport logistics unit Siemens Logistics, three people familiar with the bidding process told Reuters on Thursday.

Siemens picks Toyota's Vanderlande as buyer for logistics unit, sources say

America's Cup team uses Siemens Xcelerator software to create a digital twin to simulate hydraulics and aeronautic systems of the yacht in the water through virtual and immersive experiences PLANO, Texas , Aug. 20, 2024 /PRNewswire/ -- Siemens Digital Industries Software announced today that the Orient Express Racing Team is using the Siemens Xcelerator portfolio of industry software to aid in preparation for upcoming 37th America's Cup and to gain competitive advantage. The Orient Express Racing Team, founded by sports tech company K-Challenge, brings together some of the best French athletes, engineers, technicians and experts with the aim of winning the most prestigious international sailing competitions, including the America's Cup.

Siemens' Digital Twin technology gives Orient Express Racing Team & K-Challenge the edge for America's Cup

German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the "boom" in artificial intelligence and customers upgrading power grids.

Siemens profits soar on software demand, AI 'boom'

Siemens Aktiengesellschaft (OTCPK:SIEGY) Q3 2024 Earnings Conference Call August 8, 2024 3:00 AM ET Company Participants Tobias Atzler - IR Roland Busch - CEO Ralf Thomas - CFO Conference Call Participants Andrew Wilson - JP Morgan James Moore - Redburn Atlantic Andre Kukhnin - UBS Gael de-Bray - Deutsche Bank Max Yates - Morgan Stanley Phil Buller - Berenberg Alexander Virgo - Bank of America Operator Good morning, ladies and gentlemen, and welcome to Siemens 2024 Third Quarter Conference Call. As a reminder, this call is being recorded.

Siemens Aktiengesellschaft (SIEGY) Q3 2024 Earnings Call Transcript

German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook. Industrial profit came in at 3 billion euros ($3.3 billion) in the quarter to the end of June, 11% higher than in the same quarter a year ago.

Siemens earnings beat estimates on strong demand for electrification, software

Siemens' supervisory board head Jim Hagemann Snabe will be elected for additional two years in his role at the annual general meeting in February, the German conglomerate said in a statement on Wednesday.

Siemens to re-elect chairman Snabe for two years

The Spanish government has moved to support Siemens Energy's wind turbine division, Siemens Gamesa, as part of a 1.2 billion euro ($1.31 billion) guarantee facility, Spanish export credit insurance agency Cesce said on Monday.

Spanish government supports Siemens Gamesa $1.3 bln guarantee package

Dublin, July 11, 2024 (GLOBE NEWSWIRE) -- The "Artificial Intelligence (AI) in Medical Diagnostics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Artificial Intelligence (AI) in Medical Diagnostics is estimated at US$1.1 Billion in 2023 and is projected to reach US$4.4 Billion by 2030, growing at a CAGR of 22.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. However, the integration of AI into medical diagnostics must navigate several challenges to realize its full potential. Ethical concerns, data protection, and the continuous validation of AI models are paramount to ensuring that AI tools are used responsibly and effectively. The ethical use of AI must address potential biases in algorithms, ensure the protection of patient data privacy, and maintain transparency in AI-driven decision-making processes.

Artificial Intelligence (AI) in Medical Diagnostics Strategic Research Report 2024-2030 Featuring Agfa Healthcare, Aidoc, AliveCor, Caption Health, Elevance, HeartFlow, Intelegain, Siemens, VisualDx

German industrial giant Siemens on Tuesday launched an urban development project worth 4.5 billion euros ($4.8 billion) in the area of Berlin known as Siemensstadt, where the company enjoyed its pre-war heyday.

German giant Siemens to revive historic base in Berlin

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Historic ECB rate cut bolstered European stocks, which calls for keeping a tab on Siemens (SIEGY), ASML Holding (ASML) and Novo Nordisk (NVO) for solid growth.

ECB Rate Cut Propels European Markets: 3 Must-Watch Stocks

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Investors interested in Industrial Services stocks are likely familiar with Siemens AG (SIEGY) and Ashtead Group PLC (ASHTY). But which of these two companies is the best option for those looking for undervalued stocks?

SIEGY vs. ASHTY: Which Stock Is the Better Value Option?

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Infrastructure is key to the prime minister's ambitions to make India a global manufacturing center.

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Siemens Energy's troubled wind division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its staff, the unit's CEO Jochen Eickholt said in an internal letter to staff seen by Reuters.

Siemens Gamesa to cut 4,100 jobs in overhaul, CEO says in staff letter

News for Siemens AG Stock (SIEGY)