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.
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