How to build a global innovator: Siemens AG

Anisha Sagar

Anisha Sagar

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The company we now call Siemens started its existence in a German courtyard workshop. Founders Werner von Siemens and Johann Georg Halske established the company in 1847 to manufacture and sell its needle point machine, designed to ease the translation of Morse code.

This commitment to developing technology that simplifies experiences and improves lives has guided the company ever since. Over the last 175 years, Siemens has pioneered countless innovations to advance a wide array of fields.

The company was the first to introduce ground-breaking products, solutions and services in the IT, telecoms, power generation and distribution, and transportation industries, among many others.

Today, Siemens is largely split across four vast divisions: Digital Industries, Smart Infrastructure, Mobility, Healthcare (Siemens Healthineers) and Financial Services. In all, the company employs over 311,000 people across 190 countries.

The company has continued to spearhead the global digital and technological revolution, all the while striving to reduce its impact on the planet and the communities in which it works.

In 2007, when net zero was merely a concept, Siemens’ products and solutions had helped to save its customers 114 million metric tonnes of carbon dioxide while the company posted revenues of EUR 17bn. By 2014, revenues had reached EUR 29.9bn and CO2 reduction had risen to 317 million tonnes.

Today, alongside its most recent revenues of almost EUR 72bn, Siemens has reduced its total emissions by 46% and pledged to reach carbon neutrality across its operations by 2030.

The company’s success has seen it receive much recognition. Siemens has won multiple prestigious awards for innovation, engineering excellence and workplace culture.

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