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[la forge] 18/4/2018 16:30

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Orange Business Services and Siemens allies in IoT

Jean-Noël Legalland, published on 18/04/2018 at 16:08
Orange Business Services and Siemens allies in IoT
Photo credit © Boursier.com

(Boursier.com) - Orange Business Services and Siemens intend to promote the adoption and integration of the Internet of Things in the industry sector. The initial goal is to develop traceability solutions to optimize supply chains and improve equipment monitoring to improve performance, thereby developing new services based on digital technologies. to enhance customer satisfaction and create new business models.

This partnership will help businesses connect their machines and IT infrastructure to the digital world, both groups promise. With the data generated and their analysis, they can increase their productivity and profitability.
PUBLICITY
inRead invented by Teads

Orange Business Services provides global cellular connectivity and brings expertise in consulting, systems integration and application development. The partnership is based on the alliance of MindSphere, the cloud-based open IoT operating system from Siemens, and Datavenue, the Orange Business Services IoT and Data Analytics offering.

Orange Business Services will connect systems and objects via MindSphere. Customers will choose from several semi-packaged offers around traceability, equipment monitoring, or custom solutions and applications. Orange Business Services will initially provide cellular connectivity and Low Power Wide Area Network solutions. Other components of Datavenue will be integrated soon in the offer.

As a first step, this partnership will focus on Europe, with the deployment of solutions in Germany and Austria.

[maywillow] 16/4/2018 18:30

Financial Results & Presentations

Release Annual Report 2018 (preliminary)

Nov 28, 2018


Fourth-quarter results and preliminary figures for fiscal year

Nov 08, 2018


Third-quarter results and analyst call

Aug 02, 2018


Second-quarter results and analyst call

May 09, 2018

[maywillow] 16/4/2018 18:29

Siemens is expanding in the Middle East with a $500 million internet of things investment

German multinational Siemens is expanding its Middle East presence by investing $500 million in the digital sphere over the next three years.
Siemens plans to build two internet of things facilities in the United Arab Emirates' Dubai and Abu Dhabi.

Natasha Turak | @NatashaTurak
Published 2 Hours Ago Updated 2 Hours Ago CNBC.com









Exterior view of the Siemens Forum, part of the Siemens Headquarters, in Munich, Germany.
Getty Images
Exterior view of the Siemens Forum, part of the Siemens Headquarters, in Munich, Germany.

German multinational Siemens is expanding its already sizeable Middle East presence by investing in the digital sphere, to the tune of $500 million over the next three years.

The engineering and software giant announced over the weekend its plans to develop digital innovations in the region with two internet of things facilities in the United Arab Emirates (UAE) — one in Dubai and the other in Abu Dhabi.

The projects will be developed on MindSphere, Siemens' open, cloud-based operating system for the internet of things. The company plans to build 20 MindSphere Application Centers in 17 countries, where hundreds of Siemens engineers and specialists will work with customers on projects in machine learning and data analysis.

The MindSphere center in Abu Dhabi will focus on developing operational efficiency for customers in areas like water, waste and oil and gas, while the other, to be located in Dubai, will work on solutions for airports, cargo and logistics.

The internet of things has been described as merging "physical and virtual worlds, creating smart environments" — imagine devices that are connected to the internet and able to communicate with one another.

"The internet of things has arrived and is set to transform industries and cities. However, many companies are still in the early stages of adopting digital strategies and incorporating them into their business models," Roland Busch, chief technology officer at Siemens AG, said in a company press release.

"We see vast potential for the adoption of digital technologies in the Middle East and want to support the region's transformation in various ways, ranging from youth development to setting up our MindSphere Application Centers."
Investing in a new generation

Siemens' investment also includes software grants to university students in the UAE, Egypt and Saudi Arabia to boost digital skills among the region's youth and contribute to a more diversified workforce. These plans fall directly in line with many regional governments' aims to attract private sector job creation while trying to lessen reliance on oil and gas-based revenue.

Other projects included in the investment package involve enhancing digitalization for Dubai's Expo 2020, for which Siemens has been named a Premier Partner for Intelligent Infrastructure and Operations. And in partnership with Expo 2020 Dubai and the Dubai Electricity and Water Authority (DEWA), Siemens plans to develop a hydrogen production facility that uses renewable solar energy for electrification and to help develop a green economy in the UAE, the company said.

Local investors are enthusiastic about the initiatives. Philippe Ghanem, CEO of Abu Dhabi-based investment firm ADS Securities told CNBC, "Dynamic young economies like the UAE can be early adopters and invest in the technology which will drive future development. Whether it is the internet of things or the wider use of blockchain technology, it is entrepreneurial countries, not tied into legacy systems, which are most open to innovation." Ghanem's own company aims to use distributed ledger technology to power its latest trading platform.

With a current workforce of 8,029 in the Middle East, Siemens is familiar with the region and estimates it has created, on average, 135 jobs per year.
Natasha TurakCorrespondent, CNBC

[the grumpy old men] 15/4/2018 08:39

Siemens wins Petrobras gas turbine package order
MUNICH, 2 hours, 40 minutes ago

Siemens Power and Gas has received an order for four SGT-A35 gas turbine power generation packages and two SGT-A35-driven DATUM CO2 compressor packages for Modec’s Sépia floating production, storage, and offloading vessel.

Siemens Power and Gas, including its Dresser-Rand business, received an order for four SGT-A35 gas turbine power generation packages and two SGT-A35-driven DATUM CO2 compressor packages for Modec’s Sépia floating production, storage, and offloading (FPSO) vessel.

The vessel, which is named “FPSO Carioca MV30,” will be deployed at the Sépia field operated by Petrobras, located in the giant “pre-salt̶1; region of the Santos Basin approximately 250 km (155 miles) off the cost of Rio de Janeiro, Brazil. In addition, Siemens will provide long-term expert service and maintenance for the supplied components.

Modec is responsible to engineer, procure, construct, mobilize, install, and operate the FPSO. The equipment is scheduled for delivery in late 2018. Once operating in 2021, the FPSO is expected to process 180,000 barrels per day (bpd) of crude oil and have a storage capacity of 1,400,000 barrels of crude oil.

Siemens will use its global network to manufacture and package an integrated solution for Modec. For power generation on the vessel, Siemens will supply four SGT-A35 gas turbine power generation packages. The SGT-A35 aeroderivative gas turbine (formerly the Industrial RB211), coupled with an MT30 2-pole synchronous power turbine from the marine Trent engine, has millions of hours of proven experience. The SGT-A35 RB gas turbine offers leading-class reliability and availability that is so critical to this type of remote installation.

In addition, two SGT-A35-driven DATUM compressor trains will reinject CO2 to more than 250 bar (3,626 psi) pressure. With the DATUM compressor’s high-pressure and high-density compression technology, the total footprint can be reduced when compared to a conventional compression and pumping module. This attribute makes the technology uniquely suited for offshore applications such as an FPSO where space and weight are critical factors.

“The advanced technology offered by our new offshore SGT-A35 turbine package, our extensive experience with Petrobras’ FPSO projects, and the well-documented success of our DATUM CO2 compressor technology were key to secure this important project,” said Matthew Chinn, head of New Equipment Solutions for the Dresser-Rand business. “In addition, for the next two decades our world-class services team will help ensure the long-term optimal performance of the equipment.”

This project represents Modec’s thirteenth FPSO/FSO vessel in Brazil and its sixth FPSO in the Pre-Salt region. These units will join Siemens and the Dresser-Rand business’ installed fleet of 128 aeroderivative gas turbines and 189 compressors operating offshore Brazil. – TradeArabia News Service

[sarkasm] 05/4/2018 10:45

Home Digital oilfield 05 April 2018 Siemens: Mideast’s oil and gas sector needs readiness boost as cyber risk grows

Siemens: Mideast’s oil and gas sector needs readiness boost as cyber risk grows

Published by David Bizley, Editor
Oilfield Technology, Thursday, 05 April 2018 10:30

Cyber attacks are increasingly targeting operational technology (OT).
Middle East oil and gas companies report being unprepared to address OT cyber risk.
New report outlines six-step roadmap for an effective cyber programme.

Cyber security breaches in the Middle East are widespread and frequently undetected, with 30% of the region’s attacks targeting operational technology (OT), finds a new study by Siemens and Ponemon Institute. The study, which examines the region’s oil and gas sector, reveals that while firms have begun to invest in protecting their assets from cyber threats, more needs to be done to increase awareness and the deployment rate of technology if they are to secure their operating environments.

Launched in Dubai today, the study highlights that until recently, cyber-attacks have generally targeted Information Technology (IT) environments such as PCs and workstations. With the acceleration of digitalisation and the convergence of IT and Operational Technology (OT), the region is now seeing a rising amount of attacks aimed at the OT environment.

The report investigates the readiness of the Middle East’s oil and gas sector to identify and protect against cyber threats. It also assesses what measures need to be taken to close the gaps, surveying around 200 individuals in the Middle East who are responsible for overseeing cyber security risk within their organisations.

“The convergence of IT and OT has become a key opportunity for attackers to infiltrate an organisation’s critical infrastructure, disrupting physical devices or operational processes,” said Leo Simonovich, Vice President and Global Head, Industrial Cyber atSiemens Energy. “We know that attacks are becoming more frequent and increasingly sophisticated, and firms quickly need to assign dedicated ownership of OT cyber, gain visibility into their assets, demand purpose-built solutions and partner with experts who have real domain expertise.”

The report found some 60% of respondents believe the cyber risk to OT to be greater than IT, and in 75% of cases those questioned had experienced at least one security compromise resulting in confidential information loss or operational disruption in the OT environment in the last 12 months.

Another important take away from the study was that despite awareness of rising OT cyber risk, budgets for OT cyber services and solutions have not kept up with the threat. At present, oil and gas organisations in the Middle East dedicate only a third, on average, of their total cyber security budget to securing the OT environment. This suggests that organisations are not aligning their cyber investments with where they are most vulnerable and highlights the urgency to address OT cyber security.

The report outlines six key principles which underlie the most effective OT cyber programs, beginning with assigning and empowering dedicated ownership for OT cyber security. Organisations must overcome the fear of connectivity and gain continuous visibility into their OT assets, and the operating environment needs to be secured all the way to the edge. Analytics should be leveraged in order to make smarter, faster decisions, and organisations should demand purpose-built OT cyber solutions. Lastly, it’s crucial to partner with OT cyber security experts with real domain expertise.

[ariane] 25/3/2018 23:01

AFP
[e-mail]
@thelocalgermany
24 March 2018
17:46 CET+01:00
The maker of France's iconic TGV trains Alstom and German industrial leader Siemens signed on Friday an agreement on creating a global leader in the rail industry.

The Business Combination Agreement (BCA) sets the terms of combining Alstom with Siemens' mobility business, including its rail traction drive business, after the two firms unveiled their plans last year.

"With the signing of the BCA, we have reached an important milestone on the way to building a new leader capable of tackling the challenges of tomorrow's mobility," said Henri Poupart-Lafarge, the chief executive of Alstom who will be the CEO of the new company, in a statement.

Roland Busch, a member of the management board of Siemens, is to serve as chairman of the board of directors of the combined entity, which is to be based in France.

Siemens will control 50 percent of Alstom immediately but will be blocked from taking a bigger than 50.5 percent stake for the four coming years.

Alstom trade unions objected to the merger, fearing job cuts and closures.

An Alstom-Siemens merger has been mooted for years and completes the transformation of the French group which sold off its energy business to American rival General Electric in 2015 for 9.5 billion euros.

The merger will create the world's top firm for rail signalisation and the number two for building train carriages, which should help the firms face rising Chinese competition.

The merger is expected to be completed by the end of the year.

Alstom employs 32,800 people worldwide while Siemens Mobility has 28,800 staff.

READ ALSO: France's Alstom inks €75 million supply deal with India metro firms

[ariane] 20/3/2018 15:22

Siemens (EU: SIA)
Intraday Chart of the Action

Today: Tuesday 20 March 2018
More charts from the Siemens Stock Exchange
Orange announced Tuesday the extension of the contract between Orange Business Services and Siemens AG.

Under the terms of the new 6-year, EUR 240 million contract, Orange Business Services will be entrusted by the German conglomerate with the design of its worldwide SD-WAN network.

Orange Business Services will migrate Siemens' global network infrastructure to a dynamic and flexible SD-WAN network. It will connect its cloud applications and connected objects.

With a single service center and a local presence in 166 countries, Orange Business Services is able to provide Siemens with managed network services in the 94 countries in which it operates. This arrangement enables the German conglomerate to reinforce the long-standing governance and cooperation established between its Munich headquarters and its international divisions.

[grupo] 16/2/2018 09:48

Siemens AG (SIE.XE) and eight other companies have signed a joint charter on cybersecurity that sets out 10 principles aimed at mitigating risks from malicious attacks, the German industrial conglomerate said Friday.

The charter, which Siemens said is the first of its kind, calls for businesses, regulators and government to designate specific departments within their organizations to take responsibility for cybersecurity.

Other signatories to the charter include Airbus SE (AIR.FR) Allianz SE (ALV.XE) International Business Machines Corp. (IBM) and Daimler AG (DAI.XE), Siemens said in a statement.

"Confidence that the security of data and networked systems is guaranteed is a key element of the digital transformation," Siemens Chief Executive Joe Kaeser said.

The document calls for companies to establish mandatory, independent certification for software and hardware that will be used in critical infrastructure, particularly in situations when humans interact directly with machines.



Write to Nathan Allen at [e-mail]



(END) Dow Jones Newswires

February 16, 2018 04:07 ET (09:07 GMT)

[grupo guitarlumber] 04/1/2018 18:30

Financial Results & Presentations

Release Annual Report 2018 (preliminary)

Nov 28, 2018


Fourth-quarter results and preliminary figures for fiscal year

Nov 08, 2018


Third-quarter results and analyst call

Aug 02, 2018


Second-quarter results and analyst call

May 09, 2018


Annual Shareholders’ Meeting for fiscal year 2017

Munich, Jan 31, 2018


First-quarter results and analyst call

Jan 31, 2018


Siemens Capital Market Day Healthineers

Jan 16, 2018


Commerzbank conference

New York, Jan 09, 2018

[ariane] 20/11/2017 21:07

Energy Majors Hit Hard By Climate Regulations
By Leonard Hyman & William Tilles - Nov 20, 2017, 3:00 PM CST Power

They say that bad news come in threes. The headlines one day this past week certainly gave credence to that notion—at least for the fossil fuel business.

The first news came out of Siemens, a Munich-based industrial conglomerate somewhat akin to the troubled General Electric. After last week’s disastrous news from GE—a 50 percent dividend cut and plans for a complete corporate makeover—we shouldn’t have been surprised. GE’s difficulties weren’t just due to poor business conditions. There has also been too much financial engineering and a history of overpaying for acquisitions.

But Siemens made a purely business announcement: It was laying off 6,900 workers due to weak demand for gas turbine electric generators. The industry has the capacity to produce 400 big units per year worldwide, but is producing only 100, and Siemens doesn’t expect demand to bounce back.

You can find Leonard Hyman's lastest book ‘Electricity Acts’ on Amazon

Understand that the gas turbine is the most efficient and economic fossil fuel generator. And replacement of old coal-fired generation by gas turbines made a major contribution to carbon emission reductions.

So, what’s the problem?

First, growth in electric sales volume—particularly in the U.S. and Europe—has been tailing off. As a result, the industry needs fewer units to keep up with declining demand growth. Second, citing environmental objections, many equipment buyers don’t want a fossil-fueled unit no matter how efficient. Siemens, recognizing the latter preference, has made substantial investments in renewable energy.

Related: OPEC Chairman: Output Cuts Are The ‘’Only Viable Option’’

Second, the Norwegian state sovereign wealth fund, the biggest in the world, has decided to exit its oil investments. There is, of course, no small irony in this development because Norway built up the fund with revenue from the country’s oil fields. Nor in Norway closing its oil fields to help mitigate global warming.

Their central bank, which supervises the fund, says that it’s not prudent for Norway (which already relies heavily on oil revenues) to, in effect, double up on the risk by investing oil revenues in various oil stocks. They are just advocating for more portfolio diversification. The bank claims that this decision has nothing to do with its thoughts about the future or sustainability of the oil business; it’s just a matter of portfolio management. Yet, the central bank could have made the same portfolio judgment years ago, and it should have, based on the expressed line of reasoning. So, the question we’re now left with is, do the Norwegians now have our doubts about the oil business?

The third item was unveiled at the UN climate conference in Bonn, Germany. The UK and Canada announced a pledge to end coal-fired power generation by 2030. France, Italy, Mexico, the Netherlands, Portugal, New Zealand, Washington State, Ontario and Alberta have pledged support.

This withdrawal from coal raises a technology and manufacturing question. There are only a few worldwide electrical equipment manufacturers, like GE and Siemens discussed above. They build products for worldwide markets, not niche or isolated markets.

Related: Can Oil Majors Continue To Beat Estimates?

Isolated markets with idiosyncratic demands are often left to self-manufacture equipment that has no market elsewhere. Those markets also lose the benefits of economies of scale and standardization (a reason that Britain’s technical love affair with equipment suitable to its own peculiar market needs left the British electricity industry so far behind for so long).

You can find Leonard Hyman's lastest book ‘Electricity Acts’ on Amazon

These news items serve as a stark warning. Internationally, the market has turned against the most economical of fossil-fueled electric generating equipment. Also, large institutional investors who have benefitted greatly from fossil fuel investments in the past are having second thoughts. And finally, we might be looking at a date certain to end coal-fired electric generation in much of the world.

Despite the U.S.'s best efforts, it was a bad week for carbon.

By Leonard Hyman and Bill Tilles for Oilprice.com

[grupo guitarlumber] 16/11/2017 18:59

Siemens to cut 6,900 jobs worldwide, half of them in Germany

German manufacturing conglomerate Siemens announced on Thursday that it was cutting 6,900 jobs worldwide in response to changes in the energy and commodity sectors.
The company says it plans to move as many affected employees as possible to its 3,200 vacant job slots.

Kevin Breuninger | @KevinWilliamB
Published 3 Hours Ago Updated 3 Hours Ago CNBC.com










Hard hats with the lettering 'Siemens' hang on a wall in Nuremberg, southern Germany in a steam turbine plant on June 22, 2017.
Getty Images
Hard hats with the lettering 'Siemens' hang on a wall in Nuremberg, southern Germany in a steam turbine plant on June 22, 2017.

German manufacturing conglomerate Siemens announced on Thursday that it was cutting 6,900 jobs worldwide in response to changes in the energy and commodity sectors.

Roughly half of the job cuts will be made in Germany, the company said in a press release, and will be made in the affected industries "over a period of several years."

"The cuts are necessary to ensure that our expertise in power-plant technology, generators and large electrical motors stays competitive over the long term. That's the goal behind the measures we're taking," said Janina Kugel, Siemens' chief human resources officer managing board member.

Despite the cuts, the company expects its new hire level to remain stable from the current year to 2018, and says it plans to move as many affected employees as possible to its 3,200 vacant job slots.

The company says that about 6,100 of the job cuts will be made to its power and gas division worldwide.

Siemens' "PG2020" program was implemented in part to anticipate and hedge against the changes in this industry. But while the company says the program has helped it make "considerable progress" in the power and gas industries, the press release concedes that measures "have to be further intensified since the scope and speed of the market changes have increased significantly."

Shares of Siemens, which employs about 372,000 people around the world, were little changed following the news.
Kevin Breuninger
Kevin BreuningerSpecial to CNBC.com

[waldron] 27/10/2017 10:48

BARCELONA (Agefi-Dow Jones) - Schneider Electric (SU.FR), an electrical equipment supplier, has a higher growth potential than its competitors ABB (ABBN.EB) or Siemens (SIE.XE) after the publication of a figure robust quarterly business and an upward revision of the group's objectives for the year, says JPMorgan. The bank is encouraged by the particularly strong performance of low voltage and automation solutions for the industry, both of which have exceeded consensus estimates. JPMorgan is not concerned about rising raw material costs, which can, according to the bank, be passed on to customers through price increases, or offset by productivity gains. The Schneider share loses 0.5% to 73.50 euros.




-Nathan Allen, Dow Jones Newswires Ed: ECH




(END) Dow Jones Newswires


October 27, 2017 04:33 ET (08:33 GMT)