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...as a 25 per cent stake in ailing Siemens Energy....
...“Our members are very much worrying [about AI taking their jobs],” says Kan Matsuzaki, assistant general secretary at IndustriALL, an international union representing more than 50mn workers in mining, energy...
...Those include medical technology unit Siemens Healthineers and Siemens Energy, which in turn owns renewable energy business Gamesa....
...Ill winds from the energy crunch are doing little to buffet Siemens. The German industrial titan reported results on Thursday well ahead of expectations....
...Siemens and ThyssenKrupp are seen as bellwethers of the global economy, as their products cater to the construction industry, factory automation and infrastructure development....
...Siemens has used digital twins to manage entire factories, while General Electric has built digital twins of jet engine components to predict their lifespan and optimise maintenance schedules....
...Increased levels of automation will be critical....
...Shares in her flagship exchange traded fund ARKK — which makes bold bets on high-growth US-listed companies, notably in areas related to DNA technology, automation, robotics, energy storage, artificial intelligence...
...The spin-off of Siemens Healthineers has led to a standalone company worth more than BMW, while the September flotation of Siemens’ energy unit is expected to further benefit the group....
...Industrial automation rival Rockwell of the US trades at about 20 times earnings. On the same multiple, Digital Industries is worth €60bn, roughly two-thirds Siemens’ current market value....
...for automation investment....
...Mentor was taken over by Siemens in 2017 but maintains extensive research and development operations in the US....
...Siemens Gamesa SECTOR: RENEWABLE ENERGY / HQ: BILBAO, SPAIN The world-leading wind turbine manufacturer enjoyed a steady climb during the pandemic, benefiting from governments’ plans to focus economic...
...Its order book — a key factor for future earnings — was boosted by strong performance from its renewable energy and mobility businesses....
...Management also reiterated a goal of focusing Siemens around an “industrial core” that included industrial software, process automation and smart infrastructure such as distributed energy systems....
...Mr Stocker agreed with this point, arguing that the weight of some countries in the MSCI index “is so de minimis that it’s not worth the energy, the resources to go there”....
...The Most Improved Workplace awards, which look at data for repeat participants in the survey, went to Siemens Rail Automation, construction company Tideway and Blue Motor Finance, a fintech company....
...The US department for homeland security warned in March that Russian hackers were targeting a range of critical industries including energy, nuclear, water, aviation and critical manufacturing....
...Since becoming CEO in 2013, Mr Spiesshofer has streamlined ABB around four business areas — power grids, electrification, industrial automation and robotics....
...Since his appointment as chief executive in 2013, Mr Spiesshofer has sought to streamline and simplify ABB around four business areas — power grids, electrification, industrial automation and robotics....
...“A broad range of structural trends will drive growth in the coming years: electro-mobility, renewable energies, factory automation, data centers and a steadily increasing number of battery-powered, connected...
...Recently acquired by Siemens....
...Total, the French energy company, and Siemens, the German industrial group, are leading a conglomerate to open a 600 megawatt gas-fired power plant on the socialist island....
...new methods of automation across its portfolio....
...methods of automation across its portfolio....
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