Company profile

Future of Siemens

#
Rank
57
| Quantumrun Global 1000

Siemens AG is one of the largest industrial companies in Europe, based in Germany. The conglomerate is principally divided into Energy, Industry, Infrastructure & Cities, and Healthcare (as Siemens Healthineers). Siemens AG is a leading manufacturer of medical equipment. The company’s health-care unit is its most profitable division after its industrial automation unit. The company operates globally with its branch offices but the company headquarters are located in Munich and Berlin.

Home Country:
Sector:
Industry:
Electronics, Electrical Equip.
Website:
Founded:
1847
Global employee count:
351000
Domestic employee count:
Number of domestic locations:

Financial Health

Revenue:
$79644000000 EUR
3y average revenue:
$77876666667 EUR
Operating expenses:
$16828000000 EUR
3y average expenses:
$16554500000 EUR
Funds in reserve:
$10604000000 EUR
Market country
Revenue from country
0.23
Revenue from country
0.34
Market country
Revenue from country
0.22

Asset Performance

  1. Product/Service/Dept. name
    Power and gas
    Product/Service revenue
    16471000000
  2. Product/Service/Dept. name
    Energy management
    Product/Service revenue
    11940000000
  3. Product/Service/Dept. name
    Wind power and renewables
    Product/Service revenue
    7973000000

Innovation assets and Pipeline

Global brand rank:
55
Investment into R&D:
$4732000000 EUR
Total patents held:
80673
Number of patents field last year:
53

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the energy, healthcare, and industrials sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:



*First off, the late 2020s will see the Silent and Boomer generations enter deep into their senior years. Representing nearly 30-40 per cent of the global population, this combined demographic will represent a significant strain on the health systems of developed nations.

*However, as an engaged and wealthy voting block, this demographic will actively vote for increased public spending on subsidized health services (hospitals, emergency care, nursing homes, etc.) to support them in their greying years.

*This increased investment into the health care system will include a greater emphasis on preventative medicine and treatments.

*Increasingly, we will use artificial intelligence systems diagnose patients and robots to manage intricate surgeries.

*By the late 2030s, technological implants will correct any physical injury, while brain implants and memory erasure drugs will cure most any mental trauma or illness.

*Meanwhile, on the energy side, the most obvious disruptive trend is the shrinking cost and increasing energy generating capacity of renewable sources of electricity, such as wind, tidal, geothermal and (especially) solar. The economics of renewables are advancing at such a rate that further investments into more traditional sources of electricity, such as coal, gas, petroleum, and nuclear, are becoming less competitive in many parts of the world.

*Concurrent with the growth of renewables is the shrinking cost and increasing energy storing capacity of utility-scale batteries that can store electricity from renewables (like solar) during the day for release during the evening.

*The energy infrastructure in much of North America and Europe is decades old and is currently in the two-decade-long process of being rebuilt and reimagined. This will result in the installation of smart grids that are more stable and resilient, and will spur the development of a more efficient and decentralized energy grid in many parts of the world.

*By 2050, the world population will rise above nine billion, over 80 percent of whom will live in cities. Unfortunately, the infrastructure needed to accommodate this influx of urbanites does not currently exist, meaning the 2020s through the 2040s will see an unprecedented growth in urban development projects globally.

*Advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic qualities. These new materials will enable significantly novel design and engineering possibilities that will impact the manufacture of a range of future building and infrastructure projects.

*The late 2020s will also introduce a range of automated construction robots that will improve construction speed and accuracy. These robots will also offset a forecasted labor shortfall, as significantly fewer millennials and Gen Zs are choosing to enter the trades than past generations.

*As Africa, Asia, and South America continue to develop over the next two decades, their populations’ increasing demand first world living conditions will spur demand for modern energy, transportation and utility infrastructure that will keep building contracts going strong into the foreseeable future.

COMPANY’S FUTURE PROSPECTS

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