Resource One - Siemens

Siemens is a multinational technology company from Germany, founded in 1847 by Werner von Siemens and Johann Georg Halske in Berlin. Now headquartered in Munich, Siemens is one of the largest engineering companies in the world.

**Siemens focuses on four main sectors:**

1. **Digital Industries** – providing industrial automation solutions and software for smart factories.  
2. **Smart Infrastructure** – developing technology for efficient building systems and energy networks.  
3. **Mobility** – offering modern transportation solutions, including railway systems and mobility infrastructure.  
4. **Siemens Financial Services** – delivering financial services to support technology-driven projects.

In addition, Siemens has major subsidiaries such as **Siemens Healthineers** (healthcare technology) and formerly **Siemens Energy** (now a separate entity).

With over **320,000 employees worldwide** and global revenue of around **€78 billion in 2023**, Siemens plays a key role in the digital transformation and sustainability of global industries.

 

Siemens Energy is a German energy technology company that became an independent entity in 2020, following the spin-off of Siemens AG's Gas and Power division. Headquartered in Munich, Siemens Energy focuses on developing sustainable and efficient energy solutions to support the global energy transition.

Its core business areas include:

  • Gas Services: including gas and steam turbines, as well as conventional power generation systems.

  • Grid Technologies: such as transformers, switchgear, and high-voltage transmission systems.

  • Industrial Transformation: electrification and energy efficiency solutions for the industrial sector.

  • Renewable Energy: through its subsidiary, Siemens Gamesa, which focuses on onshore and offshore wind turbines.

With more than 100,000 employees across over 90 countries, Siemens Energy is committed to providing technology that helps reduce carbon emissions and create cleaner, more reliable energy systems. In 2024, the company reported revenue of approximately €34.5 billion.