Vision 2020 Creating Customer Value through Focused Innovation

Transcription

1 Vision 2020 Creating Customer Value through Focused Innovation Siemens Energy & Mobility Day Helsinki, December 4, 2014 Dr. Horst J. Kayser Chief Strategy Officer Unrestricted Siemens AG All rights reserved

2 First workshop at Schöneberger Straße (Berlin, 1847) Page 2 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

3 Werner von Siemens From my young days it has always been my ambition to found an enterprise of world standing comparable to that of the Fuggers Page 3 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

4 Innovations keep us strong Milestones across the centuries Page 4 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

5 Siemens AG key figures, FY 2014 Revenue by Division Revenue by Region Process Industries and Drives Healthcare Digital Factory 13% 13% 16% 10% Mobility Power and Gas 17% Wind Power 8% and Renewables 8% 15% Energy Management Building Technologies Asia, Australia 20% 26% Americas 15% Germany 39% Europe, C.I.S., Africa, Middle East (excl. Germany) Based on customer location Revenue and employees Revenue in millions of Employees in thousands 100,000 80,000 60,000 40,000 20, FY Continuing operations comparison with previous year In millions of FY 2013 FY 2014 New orders 79,755 78,350 Revenue 73,445 71,920 Income 4,409 5,507 Free cash flow 5,378 5,399 Employees 348, ,000 As reported Page 5 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

6 Siemens serves customers in dedicated markets on a global scale Hospitals and Imaging Centers Railway Infrastructure Data Centers Cities Municipalities and DSOs Power Utilities Wind Equipment Oil and Gas More than 1200 Key Account Manager serving our largest customers worldwide Providing sustainable market specific solutions from one source Page 6 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

7 Five Megatrends shaping our world of tomorrow Demographic Change Climate Change 2015 World Population 1) (in bn) 7.3 Growing and ageing population Global warming and weather extremes Digital Transformation Age Urbanization 65+ Exponential growth of connected devices... 9 Connected Devices 4) (in bn) Globalization Contribution to Global GDP Growth, ) (in %) Cities >10mn 5mn 10mn 2mn 5mn 38% 150k 2mn Other cities and rural areas and digital data 5) Cities as main driver of GDP growth ZB 2016 ZB = Zettabytes = 10 9 Terabytes ZB 0,3 0,15 Two waves of globalization 0 World Imports vs. World GDP 3) Source: 1) UN World Population Prospects (2012) 2) McKinsey Global Institute Cityscope (2011) 3) Chase-Dunn et al. (2000), Worldbank (2014) 4) Cisco: The Internet of Everything (2013) 5) IDC: The Digital Universe (2012) Page 7 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

8 Leading position in electrification, automation, digitalization Global trends Market development (illustrative) Digital transformation Networked world of complex and heterogeneous systems Globalization Global competition driving productivity & localization Urbanization Digitalization Automation Market growth: ~7-9% Market growth: ~4-6% Infrastructure investment needs of urban agglomerations Demographic change Decentralized demand of a growing and aging population Climate change Higher resource efficiency in an allelectric world Today Electrification Market growth: ~2-3% Power Generation Power Transmission, Distribution & Smart Grid Efficient Energy Application Mid term-2020 Imaging & In-Vitro Diagnostics Page 8 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

9 Value-based resource allocation for growth fields in electrification, automation and digitalization Selected growth fields Digitalization Business Analytics & Data-driven Services Software & IT solutions 8% Automation Flexible & Small GT Distribution Grid Automation & Software Road & City Mobility, tolling 'Digital twin' Software Key Verticals e.g. O&G, F&B Image guided Therapy, Molecular Diagnostics, etc. 7% Electrification 8% Offshore 7% 6% 6% 8-10% 18% x% Est. market growth (CAGR) Power to last Drive energy management Efficient urban mobility Shape Industrie 4.0 Grow in Process Industries Next Generation Healthcare Page 9 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

10 Unconventional Oil & Gas opportunities in North America remain very attractive Global unconventional O&G supply development Production, in Mbbl/d Regional capex split for unconventionals, top 5 countries in 2025, USD billion % +3% 4.1% % % % % % United States China Australia Unconventional liquids Unconventional gas Canada Venezuela Sum Others Source: Rystad Ucube 2014 Page 10 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

11 Executing Siemens Vision 2020 by strengthening the strategic core Aero-derivative gas turbines and compressors 785m purchase price + 200m exclusive access to long term aero-technology developments Compressors, turbines and engines for Oil & Gas US$83 per share, total consideration of US$7.6bn (~ 5.8bn) Expand Siemens Manufacturing Execution Systems offerings: MES solutions for key industries Cloud based big data product performance analytics Healthcare IT Divestment to Cerner for US$1.3bn announced Microbiology Divestment to Beckman Coulter for US$ ~450m announced Audiology Divestment to EQT for 2.15bn announced Water Technologies Divestment to AEA Partners Metals Technologies Joint venture with Mitsubishi Heavy Industries B/S/H/ Divestment of 50% share to Bosch planned Equity value 3.25bn thereof 3.0bn cash purchase price and 250m dividend & special dividend Page 11 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

12 Smart Polygeneration Microgrid Smart Grid: Example for Microgrid (Savona Campus, University of Genoa, Italy) 80 kwp PV plant Roof-top 2 CSP plants 1 kwe 3 kwt each E-car OC E-car infrastructure (2 Charging units) Microgrid Energy Management System Electrical Distribution Network Energy Storage 141 kwh 3 Gas Turbines 65kWe 112 kwt each Page 12 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

13 Optimal operation of existing distribution network through active network management Smart Grid: Example for Distribution Network Active network management for distribution network operator (DNO) Intelligent solution enabling optimal grid operation Software-based, integrated multi-level hierarchical solution Incorporating a central application system with a data warehouse and an autonomous substation controller using a wide area communications system Integrating battery storage, enhanced voltage control, load management and real-time thermal rating in a closed loop for optimal grid operation Voltage V max V N V min Line length No control at consumers and at distributed generation Smart control: combination of control devices Value add: Optimized grid operation Grid utilization Cost reduction Accelerated delivery Page 13 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

14 Digitalization Drives Mobility USPs Mobility Availability Throughput Passenger Experience Pay for Guaranteed Availability Best Asset Utilization Digitally Enhanced Passenger Experience Page 14 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

15 Digitalization enables next generation interlocking technology Mobility: Example for Digitalization Traditional IP-based network technology Enhanced digitalization Mechanical interlockings Electronic interlockings Distributed Wayside Architecture Interlockings in the Cloud multi-core technology One interlocking every 2.5 km One interlocking every 13 km Unlimited control distance High-end availability and throughput Performance based business models onwards Page 15 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

16 Energy efficient and prosumers in a smart grid Smart Buildings Buildings use 40% of the world energy and could be 20-40% more efficient! Page 16 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

17 New potential for available Siemens technology Smart Buildings: Example data centers 10 billion Siemens market C Focussed sales approach, 25 Key Account Managers serving 60 Key Accounts Fire safety Power distribution Security Cooling control Mgmt. applications Page 17 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

18 Bright people are the most important ingredient for success R&D key data Employees Inventions 28,800 employees in R&D worldwide About 17,500 software engineers Roughly 150 R&D locations in 30 countries R&D spending in % of revenue 5,5% 4.1 bn. EUR 5,7% Inventors of the year About 8,600 inventions in FY 2014 Roughly 39 inventions per working day Patents Over 56,000 granted patents Patent rankings Germany: No. 4 Europe: No. 2 USA: No. 13 Page 18 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved

19 Werner von Siemens I believe that one of the main reasons why our factories are flourishing is the fact that our products are largely based on our own inventions. Source: Werner von Siemens to his wife Mathilde, March 20, 1854 Page 19 Helsinki, December 4, 2014 Unrestricted Siemens AG All rights reserved