Despite major uncertainties due to the global COVID-19 pandemic, Siemens AG maintained its course very successfully in Q3 of fiscal 2020, both strategically and operationally. In a challenging macroeconomic environment, the company’s Industrial Businesses generated a strong EBITA margin of 14.3 percent. Adding 1.7 percentage points to this margin was a positive effect of €211 million at Digital Industries. Siemens successfully avoided major supply chain bottlenecks in connection with the COVID-19 crisis despite taking precautionary measures, which were in some cases substantial, to prioritize workforce health and safety. With free cash flow of more than €2.1 billion in its Industrial Businesses (€2.5 billion at Group level), Siemens has sufficient liquidity to master the COVID-19 crisis effectively – or to emerge from it even stronger than before.

Siemens and Flender Mechanical Drive Systems Co., Ltd. (Flender) held a certificate handover ceremony to celebrate that Flender Phase III R&D Center was awarded LEED Gold certification today. With the green and smart energy-saving technologies and expertise in sustainable management for buildings, Siemens provided the R&D Center with the comprehensive green solutions for design, construction and operational management, integrating Siemens Building Technology’s key products and technologies in automation control with the advanced green technologies in electromechanical engineering, lighting and heating, actively building sustainable constructions and creating the green and smart work space. Having been committed to the green and sustainable development for years, Flender partnered with Siemens in building Flender Phase III R&D Center and winning LEED Gold for the project, after Phase II winning the LEED Silver.

Klaus Helmrich (62), the Managing Board member responsible for Digital Industries (DI), will retire upon expiration of his contract at the end of March 2021 after 35 years at the company. Cedrik Neike (47), the Managing Board member currently responsible for Smart Infrastructure (SI), will succeed him as of October 1, 2020. Matthias Rebellius (55) – currently SI’s Chief Operating Officer (COO) – has been appointed to the Managing Board and will assume responsibility for this unit.

Siemens uses a combination of hardware and software to offer a new solution for the challenges that companies face as a result of the Covid-19 pandemic. The solution enables companies to quickly and efficiently control how employees interact with one another, with the production line and with the plant setup. The integrated digital twin helps the company to simulate the safety of employees, to test and optimize the setup of work areas, to validate safety measures, and thus to design future-proof production lines.

Within a record time of 4.5 months, Siemens has installed all conveyor technology components for the final assembly of the first fully electric Porsche, the "Taycan". As a result, the time from installation to production of the first vehicle was halved compared to similar projects. As, due to several building restrictions, the final assembly production line had to be built up vertically, a manufacturing concept has been developed in which each level is used for production purposes. The Taycan facility at the parent plant in Stuttgart-Zuffenhausen was put into operation in September last year.

Industry Forum of Siemens 2020 opened online today under the theme “Digital Enterprise - Thinking Industry Further”. Siemens announced strategic partnerships with seven Chinese companies, including ShanXi Jinhui Group Co,. Ltd, Suzhou Ze Da Xing Bang Pharmaceutical Co., Ltd and OMH SCIENCE Group Co., Ltd., to propel large-scale implementation of digital transformation in coal chemicals, pharmaceuticals and logistics industries with the support of Siemens Digital Enterprise Platform. Built on Siemens’ proven Digital Enterprise portfolio, the Digital Twin-enabled Digital Enterprise Platform has also integrated cutting technologies such as AI, industry cloud, edge computing, industrial 5G and additive manufacturing to improve production efficiency and flexibility, and lay the foundation for intelligent and autonomous production of the future.

Siemens signed a cooperation agreement with Zhuhai Hengqin New Area Administrative Committee today, under which both parties would jointly build the “Siemens Smart Campus Innovation Capability Center in the Guangdong-Hong Kong-Macao Greater Bay Area” and Siemens will establish the Siemens Building Technologies (Tianjin) Ltd. Hengqin Branch. This represented a key progress in the smart city field following the Framework Agreement on Further Deepening Cooperation signed between Siemens and Zhuhai municipal government in May 2018. The two would work together to develop intelligent building and IoT solutions for campus, helping the construction of smart campus and the delivery of new infrastructure upgrading in Hengqin and even the Greater Bay Area with digital and intelligent infrastructure technologies.

Siemens and SAP today announced a new partnership that will leverage their industry expertise and bring together their complementary software solutions for product lifecycle, supply chain and asset management so their customers can deliver new innovation and collaborative business models that will accelerate industry transformation globally. Through this agreement, both SAP and Siemens will be able to complement and integrate their respective offerings in order to offer customers the first truly integrated and enhanced solutions for product lifecycle management (PLM), supply chain, service and asset management. This will enable customers to form a true digital thread integrating all virtual models and simulations of a product or asset with real-time business information, feedback and performance data over the entire lifecycle.