Siemens

Siemens is the second largest German company. Siemens is a German multinational conglomerate and the largest industrial manufacturing company in Europe. It has its headquarters in Munich and a number of foreign branch offices. On October 1, 1847, Werner von Siemens and Johann Georg Halske founded Siemens & Halske. Instead of Morse code, their telegraph-based design used a needle to point to the succession of letters. Digital Industries, Smart Infrastructure, Mobility, Healthcare (called Siemens Healthineers), and Financial Services are the company's core divisions. The company is a well-known maker of medical diagnostics equipment, and its medical health-care division, which accounts for around 12% of total revenues, is the corporation's second-most profitable division, after the industrial automation division.

Many of the emerging trends in Siemens' service categories can only be realized through big data and advanced analytics. To maintain its dominant position, Siemens began to transform into a technology services firm, investing in the development of cutting-edge software and algorithms. The goal is to maintain a competitive advantage for its clients, even if it means learning new skills. A product called Sinalytics, which Siemens recently launched, is very representative of its new phase. Sinalytics is a Siemens-owned tool that can securely connect to a wide range of Siemens systems located around the world, remotely monitor them, and extract real-time data.

Siemens provides a comprehensive variety of electrical engineering and electronics-related products and services. Its products are classified as follows: buildings-related products, drives, automation, and industrial plant-related products, energy-related products, lighting, medical products, and transportation and logistics-related products. Siemens was founded in Berlin. Despite the fact that it was created in the capital in 1847, the company immediately expanded beyond its borders. It quickly expanded into worldwide activities and is now indisputably a global corporation. Even yet, Germany remains a key market and an essential production site for the company's global operations.

Founded: 1847
Headquarters: Munich, Germany
Website: https://www.siemens.com/