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Innovation at Siemens means ideas that earn money. They can be products, solutions and services that set a benchmark – both in the world of technology and beyond. We have summed this up clearly in our Mission Statement: Siemens impresses with innovations that make real what matters. The application of a systematic innovation strategy helps us move forward.
next47 promotes ideas that have the potential to generate growth in Siemens' growth fields: Electrification, Automation and Digitalization. As an independent unit with a close connection to Siemens AG, next47 is tasked with identifying new trends, investing in them and developing future-oriented businesses in collaboration with innovative partners.
We have taken up firm positions along the electrification value chain – which covers the transformation, intelligent transmission and distribution of energy as well as its efficient utilization. With its pronounced strengths in the automation field, the company is well placed to face the future in general and the digital age in particular.
We deploy our technological expertise and the innovative prowess of our employees in the areas where they create the greatest value for the company. This targeted allocation of resources enables us to occupy leading positions world-wide in selected technology fields that form the foundation for innovation in long-term growth areas.
Our R&D activities are ultimately geared to developing innovative, sustainable solutions for our customers – and the Siemens companies – and simultaneously safeguarding our competitiveness. For these reasons, we focus in particular on:
Beyond these points of focus, we recognize how important highly sophisticated software solutions are for all the fields of business in which Siemens is active.
New technologies result in innovations, which in turn lead to competitive advantages. Without high-quality protection of patents, however, these advantages would quickly be lost. That is why some 400 Siemens employees across the globe are involved in managing the company’s portfolio of intellectual property (IP) rights.
Although Siemens occupies top positions in the key patent statistics, it is not the total number of patent applications that is decisive for our company’s success and future viability, but rather the value and business utility of our IP rights. This means that, in addition to systematically building up a strong, strategic IP portfolio, it is of crucial importance to the company to utilize those IP rights in a targeted manner and enforce them consistently.
Today's world is faster and much more diverse than it once was. That's why Siemens is opening up – both internally and externally. As part of this evolutionary process, the company is acting as a hub in a global research network, while it brings the next generation of innovations to life.