Siemens

What Siemens does

Siemens AG is a Munich-headquartered, publicly listed German industrial technology conglomerate (Aktiengesellschaft, founded 1847) operating through three core divisions — Digital Industries, Smart Infrastructure, and Mobility — plus a partial stake in Siemens Healthineers. It manufactures and sells industrial automation hardware (TIA Portal, propulsion systems, traction converters, SENTRON 3QD2 semiconductor circuit breakers, electrification equipment, rail rolling stock including the Mireo Plus B battery trains and Vectron X locomotive) and a deep software portfolio spanning Teamcenter PLM, NX CAD/CAM, Solid Edge, Simcenter CAE, Opcenter MES, Mendix low-code, MindSphere/Industrial Edge, and the Siemens Xcelerator open digital business platform that bundles first-party software with 1,953 third-party products via an online marketplace. In 2026 Siemens launched Intelligence Center X, an industrial AI orchestration platform combining Mendix, Graph Studio and AI Studio, and the Eigen Engineering Agent for its 600,000+ TIA Portal users.

Revenue is generated through quote-based enterprise sales of hardware and systems, recurring software subscriptions and digital industries licenses, marketplace commissions via Xcelerator, managed services and spare parts, plus training (SITRAIN) and consulting. The company sells through direct enterprise field sales, a global Platinum Partner/reseller channel, the Xcelerator marketplace, the SiePortal self-serve B2B platform, and OEM/white-label integrations, operating in 190+ countries. Customer segments span aerospace & defense (JetZero, Northrop Grumman, Amazon Prime Air), automotive and rail, discrete manufacturing (Kellanova, PepsiCo, Natura, Vivix, Jack Technology), data centers (nVent, JetZero), energy and power utilities (Nigeria Presidential Power Initiative, PNM), healthcare and pharma (GlaxoSmithKline, Siemens Healthineers/ARPA-H), smart infrastructure, semiconductors, water/wastewater, and government/public sector.

In Q2 2026 Siemens reported €19.8 billion in revenue, €2.2 billion in net profit, and a record €124 billion order backlog, with management projecting €94 billion revenue and €11 billion earnings by 2029. Active expansion includes the $10B Altair acquisition, the $5.1B Dotmatics acquisition, the NVIDIA Industrial AI partnership, the Databricks/FFT edge-to-cloud integration targeting 30,000+ industrial customers, and the €365M Nigeria Presidential Power Initiative to expand grid capacity to 25 GW.

Name

Siemens

Legal name

Siemens Aktiengesellschaft

Website

https://siemens.com

Company type

Public

Founded year

1847

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Siemens AG is a Munich-headquartered, publicly listed German industrial technology conglomerate (founded 1847) selling industrial software (Teamcenter, NX, Xcelerator), automation hardware, industrial AI orchestration (Intelligence Center X), rail systems, and smart infrastructure equipment to enterprise customers across more than 190 countries.

Ownership category

akta.pro rank

Product category

Industrial Technology and Automation

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)

SIC

Services-Computer Integrated Systems Design (7373), General Industrial Machinery & Equipment (3560), Electronic & Other Electrical Equipment (No Computer Equip) (3600), General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

Industrial Automation Software (SCADA, HMI, MES, Historian) (IMAHAHAJ)

akta.pro secondary industries

Electrical Controls, PLC & Industrial Automation (EDAOABAE), Machine Control, Firmware & Print Management (IMAAACAD), Factory Automation Cells & Integrated Systems (Assembly, Welding, Painting Lines) (IMAHAHAL)

Keywords

• Industrial automation software
• Digital twin technology
• Product lifecycle management
• Smart infrastructure systems
• Rail mobility solutions

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Siemens Xcelerator Marketplace Sales: Revenue from Siemens' online marketplace Xcelerator, which bundles industrial software offerings with third-party products and selected hardware (including the new Vectron X locomotive). Revenue from the marketplace is expected to more than double as Siemens pivots toward becoming a more tech-focused company with curated partner offerings.
2. Digital Industries Software Licenses and Subscriptions: Recurring software revenue from Teamcenter PLM, NX, Solid Edge, Simcenter, Mendix, Opcenter and other digital industries software, sold through SiePortal and Account Center; supported by global subscription renewals, premium support services and customer success services.
3. Smart Infrastructure & Mobility Hardware and Systems: Revenue from hardware systems including propulsion systems, traction converters, traction motors, Train Control & Monitoring Systems (TCMS), circuit breakers, SENTRON 3QD2 semiconductor circuit breakers, electrification equipment, building technologies, and rail rolling stock such as 61 Mireo Plus B battery trains financed through innovative leasing models.
4. Industrial Services and Spare Parts: Recurring revenue from industrial services including spare parts supply, standard repair services, circular spares and repairs, spare parts for rail systems, industrial sustainability services, custom support plans, training, and consulting services.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels10 records

Core offering

Siemens sells industrial software (PLM, CAD/CAM, CAE, MES, IoT/Edge, AI orchestration), hardware systems (electrification equipment, circuit breakers, locomotives, battery trains, factory automation), and related services to industrial enterprises worldwide. Its Siemens Xcelerator platform bundles first-party software (Teamcenter, NX, Solid Edge, Simcenter, Mendix, Opcenter, MindSphere/Industrial Edge, Building X, Electrification X, Gridscale X) with curated third-party offerings via an online marketplace. It also provides digital twin technology, industrial AI orchestration (Intelligence Center X), and an Eigen Engineering Agent for its TIA Portal automation platform with 600,000+ users.

Product overview

Siemens operates as a platform-plus-modules architecture anchored by Siemens Xcelerator, an integrated digital business platform that bundles Siemens' industrial software offerings with third-party products and selected hardware through an online marketplace. Xcelerator hosts major platform modules including Building X (building operations), Electrification X (electrification and automation IoT SaaS), Gridscale X (grid software with AI-powered PSS®E transmission planning), NX X (CAD/CAM), Solid Edge X (SaaS design), and Femap (CAE simulation), along with specialized software like Movilitas Cloud (serialization), Sigrid (software assurance), and Teamcenter medical device solution (PLM add-on for medical technology). The portfolio extends to industrial automation via TIA Portal with its Eigen Engineering Agent, to industrial AI through Intelligence Center X (an orchestration layer combining Mendix, Graph Studio, and AI Studio), and to hardware products including the SENTRON 3QD2 silicon carbide semiconductor circuit breaker, the Mireo Plus B battery-powered trains, and the Vectron X locomotive. Together these products support Siemens' positioning as a focused technology company spanning digital industries software, smart infrastructure, and mobility.

Differentiator

Problem solved

Functional benefit

Brands

• Siemens Xcelerator: Open digital business platform combining Siemens industrial software (Teamcenter, NX, Mendix, MindSphere/Industrial Edge) with third-party products and selected hardware for digital transformation.
• Siemens Healthineers
• Siemens Mobility
• Siemens Digital Industries Software
• Siemens Smart Infrastructure
• SITRAIN
• Siemens Foundation
• Siemens Industrial Edge

Products and services

• Siemens Xcelerator Open digital business platform that bundles Siemens' industrial software offerings with third-party products and selected hardware through an online marketplace, including Building X, Electrification X, Gridscale X, NX X, Solid Edge X, Femap, Movilitas Cloud, Sigrid, and Teamcenter Medical Device Solution.
• Building X Building operations platform that manages and optimizes energy use, tenant comfort, maintenance, security, and safety across commercial real estate, smart cities, and building operators.
• Electrification X IoT software as a service (SaaS) offering for electrification and automation within Xcelerator, designed to tackle energy transition challenges by combining real and digital worlds.
• Gridscale X Grid software platform that accelerates and secures the energy transition in a sustainable and profitable way, including AI-powered agentic capabilities for PSS®E transmission planning.
• NX X Powerful integrated computer-aided design (CAD) and computer-aided manufacturing (CAM) solution that helps designers and manufacturers deliver better products faster and realize the full value of the digital twin.
• Solid Edge X Solid Edge software delivered in a secure software-as-a-service (SaaS) environment for design engineering.
• Femap Advanced computer-aided engineering (CAE) pre- and postprocessor for creating, editing, and evaluating finite element models of complex products and systems, part of the Simcenter portfolio.
• Movilitas Cloud Serialization software that automates serial number management to ensure end-to-end traceability, compliance, and robust supply chain for manufacturing processes.
• Software assurance with Sigrid Software portfolio navigator that connects teams, tools, and technologies for software assurance across the Siemens ecosystem.
• Teamcenter medical device solution Product lifecycle management (PLM) add-on module for Siemens Teamcenter, specifically designed for medical technology companies.
• TIA Portal Automation engineering software platform with 600,000+ users, hosting the Eigen Engineering Agent purpose-built AI for autonomous automation engineering tasks.
• Intelligence Center X Industrial AI orchestration software that connects data, models, and workflows to scale AI across engineering, manufacturing, supply chain, and service operations, combining Mendix low-code with Graph Studio and AI Studio.
• SENTRON 3QD2 semiconductor circuit breaker Semiconductor circuit breaker using silicon carbide (SiC) technology for ultra-fast circuit interruption in the microsecond range, up to 1,000 times faster than conventional electromechanical systems, designed for data centers, production facilities, and battery storage systems.
• Mireo Plus B battery-powered trains Battery-powered trains (Battery Electric Multiple Units) planned for service from December 2029 in Northern Westphalia, Germany, representing the second-largest BEMU fleet in Germany.
• Vectron X Locomotive Next generation of locomotives for freight and passenger transport combining proven platform technology with app-based functionalities and open interfaces for third-party providers.
• Simcenter STAR-CCM+ Computational fluid dynamics (CFD) simulation software used for aerodynamic characterization and engineering simulation across aerospace and industrial applications.
• High-pressure water mist fire suppression technology (Danfoss Fire Safety) High-pressure water mist fire suppression systems that are environmentally friendly and rapidly growing in the fire suppression market, particularly in fast-growing industries like data centers and tunnels.
• BuntPlanet AI water management software Water sector AI solutions for leak detection and water quality management integrated into Siemens' water management portfolio.
• SHIELD cyber-resilience solution (Siemens Healthineers) Cyber-resilience solution for medical devices and hospital equipment, developed through ARPA-H SHIELD project using exa-scale simulation for autonomous cyber-threat detection.
• AI-powered visual inspection system (India) AI-powered visual inspection system for manufacturing quality control, achieving over 99% accuracy in defect detection.
• Fusesaver Advanced fuse-saving device manufactured at Siemens' Yatala, Queensland facility and exported to 35 countries.

Quantifiable outcome

• Vivix Vidros Planos cut production issue resolution time by 85% using Intelligence Center X
• +10 more outcomes

Named customers30 records

Segments11 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability16 records

Feature11 records

Partnerships

34 partnerships are on record, tiered minor, core and flagship.

• TSK (Fermi Inc. Project Matador)minorImplementation/ SI/ Consulting Partner · 25 June 2026Fermi Inc. engaged TSK, a Spanish EPC firm, to provide early works engineering services for three Siemens SGT6-5000F gas turbines at its Project Matador campus. TSK will handle permitting acceleration, site mobilization, and engineering deliverables to compress timelines and mitigate execution risks for the project's second phase.
• Naver CloudcoreStrategic or Co-development Partner · 24 June 2026Strategic partnership to combine Siemens' automation, digital twin, and industrial AI solutions with Naver Cloud's infrastructure to serve South Korean manufacturing companies. The collaboration focuses on joint customer acquisition, market expansion, and co-development of reference architectures for industrial digital transformation, with both CEOs emphasizing acceleration of AI adoption across product design, production and operations.
• Pennant InternationalminorChannel Partner/ Reseller/ Distributor · 24 June 2026Global licensing agreement allowing Pennant International to distribute the Auxilium-GenS system support software through the Siemens Digital Industries Software channel; first sale was to an unnamed North American digital engineering customer supporting defence, national security and space domain missions.
• Government of Nigeria (Presidential Power Initiative)flagshipStrategic or Co-development Partner · 23 June 2026Nigeria and Germany formalized a €365 million development and investment partnership at the German Embassy in Abuja, covering energy infrastructure, agriculture, and private-sector development. Germany reaffirmed its support for Nigeria's Presidential Power Initiative with Siemens to expand the country's electricity grid capacity to 25 gigawatts, with major German firms including Siemens, SAP, Bayer, and STIHL exploring opportunities across Nigeria's sectors.
• Rock Rail NnW GmbH & Co. KG and Zweckverband Nahverkehr Westfalen-Lippe (NWL)coreStrategic or Co-development Partner · 22 June 2026Siemens Mobility plans to enter 61 battery-powered Mireo Plus B trains into service by December 2029 as part of a regional rail modernization initiative in Northern Westphalia, Germany. The trains are financed through an innovative leasing model introduced by Rock Rail NnW GmbH & Co. KG in collaboration with NWL, representing the largest regional rail modernization project in the region.
• Lumínicos (Peru)minorChannel Partner/ Reseller/ Distributor · 22 June 2026Lumínicos serves as a validated partner for Siemens lighting automation in Peru, having developed the control system for the new Jorge Chávez Airport. The Peruvian lighting company also operates across European and American brands and secured its first major U.S. government contract for a dynamic facade project in Fort Lauderdale's Las Olas tourist area.
• Xometry, Inc.coreStrategic or Co-development Partner · 19 June 2026$50 million partnership to embed Xometry's real-time quoting and DFM (Design for Manufacturability) feedback into Siemens Designcenter. Jim Cramer called the partnership a "major endorsement"; Xometry reported a blowout Q1 with 36% revenue growth to $205M, marketplace gross margin expanding to 34.7%, and positive adjusted EBITDA/free cash flow.
• Amazon Web Services (AWS)coreTechnology or Integration · 18 June 2026Amazon Prime Air (a division of Amazon) used Siemens' Simcenter STAR-CCM+ computational fluid dynamics software running on AWS high performance computing infrastructure to design and develop delivery drones. The simulation campaign used over 30 million hours of AWS compute time across thousands of operating conditions, enabling Prime Air to characterize aerodynamics across the full flight envelope and accelerate its drone development timeline.
• nVent Electric, NVIDIA, Fluence EnergycoreTechnology or Integration · 18 June 2026Siemens is part of a 136-megawatt AI factory blueprint consortium with nVent Electric, NVIDIA and Fluence Energy. nVent has deployed over 2 gigawatts of liquid cooling capacity globally and reported 53% YoY sales growth in Q1 2026, with Systems Protection sales up 76%, driven by rising rack densities in AI data centers requiring integrated liquid cooling solutions.
• T-Systems and SupplyOncoreTechnology or Integration · 18 June 2026SupplyOn announced a partnership with T-Systems to connect its industrial supply chain platform—serving approximately 140,000 companies across more than 100 countries—to the T-Systems Industrial AI Cloud. SAP, Siemens, and ServiceNow are founding partners of the Industrial AI Cloud, alongside EDAG, Agile Robots, Wandelbots, PhysicsX, Noxtua, SOOFI and Quantum Systems developing various industrial AI solutions.
• DatabrickscoreTechnology or Integration · 17 June 2026New edge-to-cloud integration partnership with Databricks and FFT Produktionssysteme GmbH (FFT) to connect production data directly to enterprise AI without complex IoT middleware. Streams contextualized shopfloor and plant data from Siemens Industrial Edge via FFT DataBridge to the Databricks Platform for centralized AI model training, then deploys models back to the edge. Targets over 30,000 potential industrial customers.
• FFT Produktionssysteme GmbHcoreTechnology or Integration · 17 June 2026Joint partnership with Siemens and Databricks to enable edge-to-cloud integration for industrial customers. FFT provides the DataBridge that streams contextualized shopfloor data from Siemens Industrial Edge to the Databricks Platform for AI model training, with models subsequently deployed back to the edge for execution.
• Appia Foundation (Linux Foundation)flagshipOthers · 17 June 2026Siemens is a founding member of the Appia Foundation under the Linux Foundation's Joint Development Foundation, developing open specifications for assessing whether AI models, systems, and applications conform with standards and regulatory requirements across the AI supply chain. Founding members include OpenAI, Google, Microsoft, Arm, Ericsson, Mastercard, Siemens and others; draft specifications organized into Requirements and Guidance layer and Assessment Enablement layer.
• Stratasys (with Alstom and Siemens Mobility)coreOEM/ Whitelabel/ Licensing Partner · 17 June 2026Stratasys launched FDM PA6/66-GF30-FR, a flame-retardant composite thermoplastic reinforced with 30% glass fiber, developed with long-standing collaboration with railway OEMs. Siemens Mobility and Alstom Group are cited as collaborators actively implementing the technology for on-demand spare part production and maintenance operations in the rail industry. Material meets EN 45545-2 HL2 (R22/R23) and FMVSS 302 fire safety standards.
• NaturacoreStrategic or Co-development Partner · 16 June 2026Strategic partnership to deploy Industry 4.0 technologies in the Brazilian Amazon, with the Moiru project applying Siemens' digital twins, smart sensors and automation solutions to a local extraction facility operated by Natura's community network. Early results show significant reductions in energy and water use, alongside improved process stability, product consistency and worker safety. Plans to scale across Natura's 19 existing agro-industries in the Amazon.
• Titagarh Rail Systems LimitedcoreOEM/ Whitelabel/ Licensing Partner · 16 June 2026Siemens Ltd received an order from Titagarh Rail Systems Limited to supply advanced propulsion systems and Train Control & Monitoring Systems (TCMS) for 12 trainsets on the Pune Metro Rail Project extension. The contract covers the design, manufacture, supply and warranty of traction converters, auxiliary converters, traction motors and TCMS, aligning with India's Make in India initiative.
• JetZerocoreStrategic or Co-development Partner · 15 June 2026JetZero broke ground on its first aircraft factory in Greensboro, North Carolina, with Siemens (and Deloitte) designing the facility via one-on-one digital twin before physical construction. The $4.7B, 8 million sq ft factory will produce the next-generation Z4 blended-wing aircraft with up to 50% improved fuel efficiency and create 14,500 jobs over 10 years. The Z4 has a $235M USAF contract and a 100-aircraft order from United Airlines.
• Al Bidda Industries and Services (ABIS)coreChannel Partner/ Reseller/ Distributor · 15 June 2026ABIS and Siemens in Qatar signed an MoU to expand cooperation into the Syrian market and broaden their existing partnership to cover additional Siemens Smart Infrastructure and Digital Industries portfolios. The MoU targets sectors including energy, real estate, industrial, and utilities, with the potential to replicate this model in other markets beyond Syria, including local manufacturing capabilities.
• La Roche-Posay Racing TeamminorGTM or Marketing Partner · 15 June 2026Siemens is an Official Supporter equipping the French America's Cup team with Siemens Xcelerator industry software, including Designcenter X for collaborative design and Simcenter X for advanced simulation. The technology partnership is aimed at accelerating the team's development cycles, improving decision-making, and optimizing performance ahead of the 38th America's Cup in Naples 2027.
• AUTOMATE 2026 event partners (ABB Robotics, Beckhoff Automation, Schneider Electric, Festo Corporation)minorOthers · 15 June 2026AUTOMATE 2026, a major robotics, automation, AI, and smart manufacturing exhibition, brings together Siemens with ABB Robotics, Beckhoff Automation, Schneider Electric, and Festo Corporation as confirmed exhibitors. The event is expected to drive convention tourism and international business collaboration in the host city.
• Jack Technology Co., Ltd.coreStrategic or Co-development Partner · 11 June 2026Collaboration to advance intelligent, AI-enabled apparel manufacturing using Siemens' technologies including Intelligence Center X, Mendix and Designcenter software. Jack Technology targets efficiency improvements of up to 30%; Siemens will also provide specialized technical training to support development of a dedicated digital platform for the sewing equipment industry. The companies will co-develop digital twin-enabled production lines and pilot smart factories for the apparel industry, with launch in Ho Chi Minh City and Hanoi.
• PNM and Santa Fe County (microgrid project)minorImplementation/ SI/ Consulting Partner · 11 June 2026Santa Fe Community College microgrid project developed in partnership with Siemens, PNM, Santa Fe County, and several state agencies. The microgrid meets approximately 25 percent of the campus's power needs, with the remainder supplied by PNM, and serves as both a resilience tool and a teaching facility for students.
• Commonwealth Fusion Systems and NVIDIAcoreTechnology or Integration · 10 June 2026Commonwealth Fusion Systems is building a digital twin of its SPARC demonstration machine using tools from Siemens and Nvidia. CFS has published five peer-reviewed physics papers validating the design basis for its 400 MW ARC commercial fusion power plant, with Google signing a 200 MW power purchase agreement for the first ARC plant in Chesterfield County, Virginia.
• ABB (Careers Electric Co-Chair)coreOthers · 10 June 2026ABB joined the Siemens Foundation as Co-Chair of the Careers Electric coalition and committed $1 million over two years to support the initiative. The coalition is backed by a $9.25 million backbone investment from the Siemens Foundation, with founding partners including ABB, Amazon Web Services, Duke Energy, JetZero, Hitachi Energy, NC Electric Cooperatives, and Siemens.
• Siemens Healthineers + Axonius + Kraetonics (ARPA-H SHIELD)coreStrategic or Co-development Partner · 10 June 2026Siemens Healthineers entered into a $6.9 million Phase I agreement with ARPA-H to serve as the principal research institution for the SHIELD project, aimed at enhancing cyber resilience in medical devices through the UPGRADE program. Research is conducted with partners Siemens Corporation, Axonius, and Kraetonics at the AI Factory in Princeton, New Jersey.
• PepsiCo + Siemens + NVIDIA (digital twin)flagshipStrategic or Co-development Partner · 10 June 2026PepsiCo's digital twin pilot with Siemens and NVIDIA can identify up to 90% of potential facility issues before physical construction and reduce capital expenditure by up to 15%, with plans for global rollout following its US phase. The partnership is part of a foundational shift in how food systems are planned and operated.
• Careers Electric Coalition (Siemens Foundation + ABB + AWS + Duke Energy + JetZero + Hitachi Energy + NC Electric Cooperatives)coreOthers · 9 June 2026National coalition to develop a skilled electrical workforce in the United States, with ABB joining the Siemens Foundation as Co-Chair and committing $1 million over two years. Backed by a $9.25 million backbone investment from the Siemens Foundation, the coalition aims to train 25,000 people over its first 10 years while addressing projected 10 percent growth in electrical career demand and an aging workforce issue.
• Infineon TechnologiescoreTechnology or Integration · 8 June 2026Infineon Technologies AG and Siemens AG formed a partnership in which Infineon will supply silicon carbide (SiC) power modules to Siemens for use in its SENTRON 3QD2 semiconductor circuit breakers. The collaboration enables ultra-fast circuit interruption in the microsecond range — up to 1,000 times faster than conventional electromechanical systems — addressing the demands of increasingly electrified and complex AI data centers and industrial manufacturing environments. A demo will be showcased at PCIM Europe 2026 in Nuremberg.
• NVIDIAflagshipStrategic or Co-development Partner · 1 January 2026Siemens and NVIDIA are co-building the Industrial AI operating system for the physical world, expanding their partnership beyond the Siemens Xcelerator / NVIDIA Omniverse integration. Joint deployments include the PepsiCo digital twin pilot (up to 90% issue detection), AI-powered humanoid robots (HMND 01 Alpha) at Siemens' Erlangen factory, a 136-megawatt data center blueprint with nVent and Fluence Energy, and JetZero's $4.7B factory design.
• Danfoss (Fire Safety business)coreStrategic or Co-development Partner · 8 October 2024Siemens announced it will acquire Danfoss's Fire Safety business, which employs 125 people and will operate as part of Siemens' building and infrastructure division. The transaction aims to strengthen Siemens' sustainable fire safety offerings with high-pressure water mist technology, particularly in fast-growing industries like data centers and tunnels. Expected to close by end of 2024.
• BuntPlanetcoreStrategic or Co-development Partner · 5 December 2023Siemens acquired BuntPlanet, a water sector AI solutions provider based in Spain, to enhance its water management portfolio. BuntPlanet's software, including leak detection and water quality solutions, has been integrated into Siemens' offerings and platform.
• ZONA Technology Inc.coreStrategic or Co-development Partner · 15 July 2022Siemens Digital Industries Software acquired ZONA Technology Inc., a leader in aeroelastic simulation for aircraft, to enhance its digitalization solutions for aircraft development. The acquisition supports development of climate-neutral and supersonic aircraft, addressing new technological and regulatory challenges in modern aerospace engineering.
• Fractal TechnologiescoreStrategic or Co-development Partner · 12 May 2021Siemens Digital Industries Software announced the acquisition of Fractal Technologies, a provider of IP validation solutions, in May 2021. The acquisition enhanced Siemens' EDA IC verification capabilities by integrating Fractal's technology into its Xcelerator product portfolio.
• Padam MobilitycoreStrategic or Co-development Partner · 11 May 2021Siemens Mobility acquired Padam Mobility, a technology company specializing in AI-powered platforms for on-demand transportation services.

Scale indicators23 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• ABB: ABB is the closest direct peer to Siemens across industrial automation (controllers, drives), electrification (switchgear, circuit breakers), and robotics. ABB co-chairs the Careers Electric coalition with Siemens and competes head-to-head in Smart Infrastructure, factory automation, and motion control.
• Schneider Electric: Schneider Electric directly competes with Siemens Smart Infrastructure and Digital Industries through EcoStruxure (building/energy/grid), industrial software (AVEVA), and Modicon/Tesys automation — overlapping across nearly every Siemens business unit including data centers, building automation, and grid software.
• Rockwell Automation: Rockwell is the leading factory automation peer to Siemens' TIA Portal, with FactoryTalk, Logix controllers, and the PTC partnership competing directly against Teamcenter/NX and TIA Portal in discrete and hybrid manufacturing.
• Dassault Systèmes: Dassault Systèmes competes head-to-head with Siemens Digital Industries Software via CATIA, ENOVIA, and the 3DEXPERIENCE platform against Teamcenter PLM, NX CAD/CAM, and Solid Edge — particularly strong in aerospace, automotive, and life sciences where Siemens lists JetZero, Northrop Grumman, and Siemens Healthineers as customers.
• Honeywell: Honeywell's Process Solutions, Building Technologies, and Sensing divisions compete with Siemens Smart Infrastructure across buildings (BMS), process automation, and industrial AI. Honeywell also competes in electrification and was a major SBA Detroit Matchmaking Expo buyer alongside Siemens.
• PTC: PTC's Creo CAD, Windchill PLM, and ThingWorx IoT compete directly with Siemens' NX, Teamcenter, and MindSphere/Industrial Edge portfolio. PTC's strategic partnership with Rockwell intensifies the competitive overlap in factory automation and digital thread.
• Emerson Electric: Emerson's Aspen Tech acquisition and process automation portfolio (DeltaV, Ovation) directly compete with Siemens' process industries offerings, including Opcenter MES and SIMATIC PCS 7, particularly in energy and process manufacturing verticals.
• Johnson Controls: Johnson Controls competes directly with Siemens Building X in smart buildings, BMS, energy management, and HVAC optimization — also overlapping with Siemens' data center infrastructure and sustainability offerings.
• Alstom: Alstom is the closest peer in Siemens Mobility, jointly developing rail signaling (CBTC), locomotives, and on-demand rail spare parts with Siemens (Stratasys FDM PA6/66-GF30-FR). Alstom competes directly on European and global rail rolling stock contracts.

Broad incumbents

• Mitsubishi Electric: Mitsubishi Electric is a broad industrial incumbent competing with Siemens across factory automation (MELSEC), drive technology, building systems, and rail (Mitsubishi Heavy rail), with strong APAC presence overlapping Siemens' Japan, Korea (Naver Cloud), and Vietnam (Jack Technology) markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat8 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Siemens
• YouTubeyoutube.com/@siemens
• Facebookfacebook.com/Siemens
• LinkedInlinkedin.com/company/siemens
• Instagraminstagram.com/siemens

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries12 records

Funding overview

Funding rounds5 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A97 records

Investments51 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Siemens