Siemens AG (headquartered in Berlin and Munich) is a global powerhouse in electronics and electrical engineering. Operating in the fields of automation, digitalization and electrification, Siemens holds leading market positions in all its business areas. The company has roughly 343,000 employees – of which 115,000 or 33% are based in Germany – working to develop and manufacture products, design and install complex systems and projects, and tailor a wide range of solutions for individual requirements. For almost 170 years, Siemens stands for technological excellence, innovation, quality, reliability and internationality. In fiscal year (FY) 2014, Siemens had revenue with business in more than 200 countries of €71.9 billion.

With over 7,100 employees worldwide, Corporate Technology (CT) plays a key role in R&D at Siemens. In 19 research centers, Corporate Technology works closely with the R&D teams in the Siemens´ Divisions. Corporate Technology is networked to facilitate efficient collaboration between its various sites around the world and with the rest of the Company. Its principal research operations are in close proximity to worldwide business activities and technology hotspots: Germany, the U.S., Austria, Russia, India, China, Japan and Singapore are among the most important sites. Establishing own research centers is combined with an intensive cooperation with top universities. This allows responding quickly and precisely to the demands of the customers and to provide solutions that meet local needs. Per year, around 1,000 collaborations are run by/with CT. The CT organization provides expertise regarding strategically important areas to ensure the company’s technological future, and to acquire patent rights that safeguard the company’s business operations. Against the background of megatrends such as climate change, urbanization, globalization, and demographic change, CT focuses on innovations that have the potential to change the rules of the game over the long term in business areas that are of interest to Siemens. CT covers a wide range of technology fields including the subject areas materials and microsystems, production methods, security, software and engineering, power engineering, sensors, automation, medical information systems and imaging methods, information and communication technologies, the extraction and processing of raw materials, and off-grid power generation. So called SMART (“Simple, Maintenance-friendly, Affordable, Reliable and Timely to market”) solutions implement new technologies in a manner that renders them competitive in low-price markets.