Industry

India spurs Siemens’ digital push

Siemens will soon open Next47’s India office; the n independent venture firm helps connect customers with global innovation.   | Photo Credit: Reuters

India will play an important role in Siemens’ global digitalisation strategy as the Germany based automation major shifts its focus to high margins digital business.

“India is a key focus market and plays an important role in our global digitalisation strategy,” said Roland Busch, chief operating officer, chief technology officer and member of the managing board, Siemens AG.

“Research and software development in India, coupled with the sharpened focus on start-up innovations through Next47, will actively drive the implementation of cutting-edge technologies,” he added.

The company will also shortly open the India office for Next47, a global venture firm that aims to connect Siemens customers with start-up innovation from around the world.

“With our unique IoT platform, comprising an advanced technology stack, domain know-how and an inclusive innovation ecosystem, Siemens is well prepared to support India into the digital age,” Dr. Busch added. “4,000 IoT and software experts will collaborate with teams around the world to conceptualise, develop, test and bring-to-market applications in the areas of smart urban infrastructure, digital enterprise, connected mobility, future of energy and artificial intelligence,” said a company statement.

It added that IoT solutions developed in India will complement work done at the MindSphere Application Centers in Pune, Noida and Gurgaon where software developers, data specialists and engineers help develop digital innovation for data analysis and machine learning.

Sunil Mathur, MD and CEO, Siemens Ltd., said, “We are seeing an acceleration in interest and demand from customers for digitalisation. IoT-enabled applications will focus on contributing to customers’ efforts to maximise the potential with digitalisation through data insights.”

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Printable version | Apr 18, 2021 3:21:54 PM | https://www.thehindu.com/business/Industry/india-spurs-siemens-digital-push/article27266949.ece

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