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Success from innovation

For more than 170 years, groundbreaking ideas, new concepts and convincing business models have been the guarantors of our success. Our innovations move beyond mere ideas to become convincing products that conquer markets and set benchmarks. They have made our company big and strong, and will enable us to build a successful future.

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Annual Report 2017

Facts and Figures

Innovativeness in figures

Innovations have always formed the basis for Siemens’ success. In fiscal 2016, we spent approximately €4.7 billion on research and development, which is around €200 million more than the previous year. We are developing new technologies in all business fields and bringing them to market.

170 years of innovativeness