Siemens AG is a renowned firm that offers a wide range of products in Communication systems, power generation technology, industrial and buildings automation, lighting, medical technology, railway vehicles, water treatment systems, home appliances, fire alarms, and PLM software. Also the company provides services in Business services, financing, project engineering and construction.
Siemens AG was founded in October 1847 by Werner von Siemens. It functions over 190 countries and about 285 production and manufacturing facilities. The company is a conglomerate of various four industrial sectors and 19 divisions. Major competitors of the company are ABB Ltd., General Electric Company, Hitachi, Ltd, etc.
The four sectors are Industry, Energy, Healthcare, and Infrastructure & Cities. Also the company is planning to enter Siemens Real Estate and Equity Investments. In 2015, the company is planning to develop and research on:
· Intelligent Data Analysis with Guaranteed Privacy
· Radar Sensors Support Parking Management
· Automatic Quantification of Heart Valves from Ultrasound
Principal subsidiaries of Siemens AG are Acuson Corporation, Efficient Networks, Inc., Infineon Technologies AG, OSRAM GmbH, Siemens Airfield Solutions, Siemens Building Technologies AG, Siemens Energy & Automation, Inc., Siemens Industrial Solutions and Services Group, Siemens Power Generation Group, Siemens Solar Group; Siemens Transportation Systems Group, and Siemens VDO Automotive, etc.
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About the Author
Mark Taylor is the business expert in providing company profile and SWOT analysis report. You can buy the complete Siemens Company Profile and SWOT report at: http://www.decisiondatabases.com/cp/35-siemens-company-profiles-strategy-and-swot-report