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

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132.776 EUR   -0.32%
04/24 INDUSTRIE 4.0 : Siemens demonstrates digital twin in actual operatio..
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Industrie 4.0: Siemens demonstrates digital twin in actual operation

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04/24/2017 | 06:41pm CEST

'With our software portfolio we are the only supplier capable of offering the digital twin across the entire value chain - for products, for production and complete plants,' says Klaus Helmrich, Member of the Managing Board of Siemens AG. 'We are also supporting new production methods with innovative solutions for handling systems and robot integration and through the creation of an open, digital global marketplace for additive manufacturing.'

The ability to respond flexibly to individual customer requirements with small batch sizes calls for the use of simulation solutions along the entire value chain. This is where the digital twin comes into its own, precisely duplicating and simulating the properties and performance features of a physical product, a product line, a process or a complete plant in the virtual world before a single screw needs to be picked up in the real world. This means a significant rise in productivity and efficiency, as illustrated by the concrete examples on show at the Siemens booth at this year's Hannover Messe.

With its extensive software offering and automation solutions, Siemens supports additive manufacturing for machine builders and users. The company is also creating a global open 'digital marketplace' which opens up scope for completely new business models such as the sale of machine hours.

The underlying foundation for new business models for customers is connection to MindSphere, the cloud-based, open operating system from Siemens. 'Working hand in hand with our partners and industrial customers, we are continuing to drive forward the expansion of MindSphere as a platform as a service, creating an ever more extensive eco system,' said Helmrich. In the 'MindSphere Lounge' at the Siemens booth, Siemens, customers and partners will be presenting new ideas and applications. Visitors will also have the chance to experience how simply machines and production plants communicate with MindSphere applications via Totally Integrated Automation.

At the Hannover Messe 2017, Siemens will be using the example of the dairy industry to demonstrate how both process and discrete workflows in the food and beverage industry can benefit from digitalization. Factors typically affecting the dairy industry are high cost sensitivity and mass production on the one hand, coupled with the growing diversity of available flavors and innovative packaging concepts on the other.

In the field of energy management too, the smart use of data is assuming an ever more important role. In order to support dynamic networked production environments, smooth interaction between hardware and software and systematic data management are vital. Visitors to the Siemens booth will have the chance to experience the integration of energy management first hand at a real production machine.

For further information on Siemens at the Hannover Messe 2017, please see www.siemens.com/press/hm17 and www.siemens.com/hannovermesse

Siemens AG published this content on 24 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 April 2017 16:41:15 UTC.

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Financials (€)
Sales 2017 84 033 M
EBIT 2017 9 062 M
Net income 2017 6 313 M
Debt 2017 18 323 M
Yield 2017 2,91%
P/E ratio 2017 17,00
P/E ratio 2018 16,21
EV / Sales 2017 1,57x
EV / Sales 2018 1,47x
Capitalization 113 220 M
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Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 131 €
Spread / Average Target -1,6%
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Josef Kaeser President & Chief Executive Officer
Gerhard Cromme Chairman-Supervisory Board
Ralf Peter Thomas Chief Financial Officer
Roland Emil Busch Chief Technology Officer
Helmuth Ludwig Chief Information Officer
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