Innovation at Its Core: Siemens' R&D Triumphs in IIoT

Discover what sets Siemens apart from other IIoT providers by unraveling the innovative technologies, strategic decisions, and unparalleled commitment to excellence that have propelled them to the forefront of the industrial landscape.

Over the span of five years, Siemens' IoT solution has not only evolved but has firmly secured its position as a top performer in the Industrial IoT arena. Transitioning from a Challenger in 2018 to an Accelerator quadrant in 2024, Siemens has demonstrated remarkable growth. Let's delve into the distinguishing factors that set Siemens apart from the competition and propelled it to a leadership position in the IIoT sector.

The Secret Sauce Behind the Success

Siemens' IoT solution offers two basic scenarios for customers: problem resolution and business opportunity. In the problem resolution scenario, customers can design and implement a specific IoT solution to address their business issues or optimize their operations. This solution helps them save costs and improve efficiency. In the business opportunity scenario, Siemens provides a generic IoT solution that can be offered as a product or service to multiple customers. This solution helps customers optimize their operations and generate revenue through licenses or subscription fees.

Key points

Siemens' IoT solution helps customers resolve their business issues and optimize their operations. In the problem resolution scenario, customers can design and implement a specific IoT solution to address their business problems, resulting in potential savings and benefits. In the business opportunity scenario, Siemens offers a generic IoT solution that can be used by multiple customers to optimize their operations and generate revenue through licenses or subscription fees. The IoT solution focuses on improving business operations, increasing output, reducing costs, and providing new business opportunities based on data-driven business models

Siemens understands that customers have high expectations for safety, reliability, durability, and data protection. They aim to enrich existing equipment with the advantages of digitalization without jeopardizing existing systems. They have detailed and expanded the concept of the Internet of Things for industrial applications, focusing on supervision, control, and the integration of existing control systems.

Here are some examples of Siemens' successful IoT projects.

Siemens has implemented IoT solutions in various projects, such as charging systems for electric buses in Hamburg, Germany, and Goeteborg and Stockholm, Sweden. They have also optimized water supply networks in Saint Petersburg, Russia, using a smart sensor network to detect leaks and minimize energy consumption in pumps. These examples demonstrate Siemens' expertise in combining hardware and software for IoT applications.

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