Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  Siemens    SIE   DE0007236101

SIEMENS (SIE)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Siemens : innovates for a digital China

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/14/2017 | 09:09am CEST

The company announced the move on Siemens Innovation Day China 2017, which was held in Suzhou today. Around 400 customers and partners joined with the company in exploring the ways in which innovations are contributing to China's transformation.

'China's digital transformation is already having a profound impact on its economy. With Made in China 2025 and The Belt & Road initiatives, China intends to upgrade its national industry and boost its global competence through digitalization-focused innovations,' said Dr. Roland Busch, Chief Technology Officer and member of the Managing Board of Siemens AG. 'Siemens is investing heavily in the future of China and partnering with the country and many customers on its way to digitalization.'

In addition to autonomous robotics, the company's core R&D areas in China include data analytics, cyber security, industrial IoT and digital twin, and connected city solutions. To tap the great potential of these technologies, Siemens has been partnering with Chinese governments, universities and customers to address challenges such as traffic congestion, energy saving, public convenience and the environment and to build 'digital cities' across the country by optimizing the performance of infrastructure and improving the living conditions of city dwellers through its connected city solutions.

Powered by MindSphere: Creation of Hong Kong's first smart city digital hub

Siemens and the Hong Kong Science Park today entered into an agreement to create Hong Kong's first smart city digital hub. This hub will be powered by MindSphere, the cloud-based IoT operating system from Siemens, to tackle the city's challenges through an open, interactive and holistic approach. Siemens has also extended its cooperation with Zhuhai for a tailored intelligent traffic management solution and deployed Embedded City Sensor Boxes in the Suzhou Industrial Park to help reduce congestion and air pollution, optimize infrastructure operation and improve public safety.

Earlier this month, the Siemens China Cyber Defense Center, which started operation this May, received official National Grade Protection Level 3 certification from China's Ministry of Public Security. This and its previous ISO27001 certification from TÜV SÜD make Siemens the first industrial multinational company to be compliant with both local and international security standards and thus capable of protecting industries on their way to digitalization.

Siemens has also teamed up with a number of local governments and 87 local universities and technology institutes in China to conduct scientific research and develop talent. 'We're constructing an open, inclusive and trust-based innovation eco-system in China aimed at value co-creation in the digital age,' said Lothar Herrmann, CEO Siemens Greater China. 'Siemens is bringing the next generation of innovations to life for our customers and society, in China and the world.'

China has become one of Siemens' largest R&D locations worldwide. In fiscal 2016 (October 1, 2015 - September 30, 2016), Siemens had over 4,500 R&D researchers and engineers, 20 R&D hubs and more than 11,000 active patents and patent applications in China.

This press release and press pictures are available at
www.siemens.com/press/innovation-china

Siemens AG published this content on 14 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 September 2017 07:08:03 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SIEMENS
06/24UK ministers take aim at business over Brexit warnings
RE
06/24UK ministers take aim at business over Brexit warnings
RE
06/22Airbus warns of threat to UK jobs from no-deal Brexit
RE
06/21SIEMENS : Patent Issued for Automated Determination of the Resonance Frequencies..
AQ
06/21SIEMENS : Patent Issued for Method and Magnetic Resonance Apparatus for Creating..
AQ
06/21MASS NOTIFICATION SYSTEMS MARKET GRO : This market research report on Mass Notif..
AQ
06/21SIEMENS : to merge industrial units in overhaul - sources
RE
06/21SIEMENS : Plans to Cut Number of Industrial Divisions -Manager Magazin
DJ
06/20SIEMENS : UK boss - Give us clarity on how post-Brexit trade will work
RE
06/19SIEMENS : CEO dismisses report of large turbines unit sell-off
RE
More news
News from SeekingAlpha
06/21Siemens to merge industrial divisions 
06/19Schneider Has Put The Pieces In Place To Drive Higher-Value Growth 
06/18Siemens wins £1.5B contract to build new London Tube trains 
06/15Siemens (SIEGY) Presents At J.P. Morgan Cazenove European Capital Goods CEO C.. 
06/13Siemens mulls turbine business sale 
Financials (€)
Sales 2018 83 533 M
EBIT 2018 7 511 M
Net income 2018 6 016 M
Debt 2018 17 056 M
Yield 2018 3,28%
P/E ratio 2018 16,04
P/E ratio 2019 15,34
EV / Sales 2018 1,39x
EV / Sales 2019 1,30x
Capitalization 98 855 M
Chart SIEMENS
Duration : Period :
Siemens Technical Analysis Chart | SIE | DE0007236101 | 4-Traders
Technical analysis trends SIEMENS
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 132 €
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Josef Kaeser President & Chief Executive Officer
Jim Hagemann Snabe Chairman-Supervisory Board
Ralf Peter Thomas Chief Financial Officer
Roland Emil Busch Chief Technology Officer
Helmuth Ludwig Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
SIEMENS-1.18%115 202
3M COMPANY-16.51%116 661
GENERAL ELECTRIC COMPANY-25.21%113 344
HONEYWELL INTERNATIONAL-6.10%107 558
ILLINOIS TOOL WORKS-15.22%47 921
JARDINE MATHESON HOLDINGS LIMITED3.57%46 558