Siemens was founded 170 years: a small workshop to the cloud
The secret of success lies in continuous transformation
· Always insist on being an innovative, quality-oriented, customer-oriented, international, challenging, flexible and responsible company
Digitization is an important pillar for future development
October 12, 1847, today Siemens AG's predecessor was set up in a workshop in the backyard of an apartment in Berlin. Over the ensuing 170 years, Siemens continued to reshape itself, successfully cope with the crisis and constantly adjust its business portfolio to prove its courage to change. Today, Siemens is one of the leaders in the digital field. In the past few decades, some of the values that Siemens followed laid the foundation for the success of the company, such as internationalization, quality-oriented and customer-oriented. What is the guiding principle behind this? "Everything we do must bring long-term benefits and value to our shareholders, employees, customers, partners and society," said Joe Kae-ser, president and CEO of Siemens AG.
From the pointer telegraph to MindSphere
The invention of the pointer telegraph in 1847 and the discovery of the working principle of a practical generator in 1866 laid the foundation for the success of Siemens. Werner von Siemens is considered one of the founders of modern electrical engineering. The "Siemens-Harshk" Telegraph Manufacturing Company had only 10 employees at its inception. In just a few decades, the company evolved from being a workshop focused on telegraphs, electric-triggered railway alarms, wire insulation and water meters to one of the world's largest electrical engineering companies. During its 170-year history, Siemens overcame a series of major challenges, including the impact of the two world wars and the resulting asset losses. In addition, after a crisis of compliance more than a decade ago, Siemens also completely transformed itself into a model of clean business. Today, Siemens employs 350,000 people and is expanding its business in electrification, automation and digital automation and digitization. Siemens' early layout in the field of digitization fits in with other important milestones in company history. Today, Siemens has become a leader in the digital arena, using MindSphere to connect devices and systems to the cloud, for example, to create entirely new business models. Siemens laid the foundation for its digital expertise as early as ten years ago. Since then, Siemens has invested more than 10 billion euros in order to further expand its position as one of the digital promoters.
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Take internationalization as an effective way to get out of the crisis
Since its inception, Siemens has continuously demonstrated its ability to open up new markets. The crisis in the sales of the Prussian telegraphy market in the 1850s forced Siemens to look for new markets and target international expansion - for example, a network of 9,000 km of telegraph lines in Russia and the laying of submarine cables from the UK. Following the establishment of offices in London and St. Petersburg in 1850 and 1855, respectively, Siemens quickly established offices in other parts of the world such as Brussels (1871), Paris and The Hague (1879), Vienna and Warsaw (1879) , Stockholm and Turin (1880), New York (1886), Tokyo (1887), Rio de Janeiro (1888), Budapest (1890), Chicago (1892) and Johannesburg (1895). Today, Siemens has operations in nearly 200 countries around the world.
About Siemens in China
Founded in 1847, Siemens AG is the world's leading technology company with operations in more than 200 countries and focuses on the fields of electrification, automation and digitization. As one of the world's largest providers of efficient energy and resource-saving technologies, Siemens occupies a number of fields in high-efficiency power and power transmission solutions, infrastructure solutions, industrial automation, drive and software solutions, and medical imaging equipment and laboratory diagnostics leading position. Since entering China in 1872, Siemens has consistently supported China's development with innovative technologies, superior solutions and products in more than 140 years. With its outstanding quality, credible reliability and leading technological achievements, Relentless pursuit of innovation, unique in the industry. In fiscal 2016 (from October 1, 2015 to September 30, 2016), Siemens' total revenue in China reached 6.44 billion euros and employs about 31,000 people. Siemens has developed into an integral part of China's society and economy and wholeheartedly partners with China to work together to achieve sustainable development.
