2020 vision chart software#

This course of sustainable corporate management has been maintained consistently and integrated into two more corporate strategy programs: Fit 42010 and Vision 2020. Another two years later and it was 36 billion euros in revenues and 521 million tons of eliminated pollutants. By fiscal 2014, revenues had reached 29.9 billion euros, and the CO 2 reduction had risen to 317 million tons. The portfolio's products and solutions were saving Siemens customers 114 million metric tons of carbon dioxide. In the prior 2007 fiscal year, Siemens's environmental portfolio had already generated 17 billion euros in revenues – almost a quarter of the corporate total.

President and CEO Peter Löscher spoke of a “gigantic opportunity.” Siemens was already a “leading green infrastructure giant” its “experience, technical expertise and financial soundness” made it a prime candidate to advance this “green revolution.” The figures showed Löscher was right. It included products, systems, solutions and services for using renewable energy, enhancing energy efficiency, and protecting the environment through technology, for example in water or air purification. Siemens presented its environmental portfolio in the summer of 2008. All in all, over a decade, Siemens invested some 10 billion US dollars, and strengthened its lead in features for the Digital Factory.

2020 vision chart software#

In 2012 there was LMS, a provider of mechanical simulation software in 2016, it was CD-adapco, a specialist in simulation software for flow mechanics and in 2017 came Mentor Graphics, a maker of software for semiconductor design. With UGS, Siemens could now offer hardware, software and support for the Digital Factory, all from a single source. Legally it was integrated into the US regional company, Siemens Corp. The company was integrated organizationally into Siemens' Automation and Drives unit as the “UGS PLM Software” Division. UGS was an excellent complement to Siemens' existing automation capabilities. The most important of these was UGS Corp., an American specialist in digital product data management, computer-assisted design and production process simulation, offering end-to-end systems and solutions all along the value chain.

Siemens is especially well-positioned today in digitalization thanks to several forward-looking acquisitions in the 2000s.