Latest news with #RolandBusch
Arabian Post
a day ago
- Business
- Arabian Post
Engineering Giant Siemens Propels Simulation Frontier with Altair Deal
Siemens has completed its acquisition of Altair Engineering in a £8.3 billion all-cash transaction, signalling a significant evolution in its industrial software strategy. The integration of Altair's high-performance computing, data analytics and simulation portfolio into the Siemens Xcelerator platform represents a major leap in the company's ambition to lead in AI-powered engineering. At the heart of this consolidation lie clear financial and strategic benefits. The deal, offering Altair shareholders US $113 per share, reflected a near 19 percent premium on its pre-announcement price. Siemens anticipates that digital revenues will rise by about €600 million in its 2023 financial results, with annual revenue gains projected at US $500 million in the medium term and potentially more than US $1 billion over the long term. Siemens president and CEO Roland Busch underlined the move as essential to cementing Siemens' industrial software position. He described Altair as a 'diamond, a unique opportunity' with complementary strengths across regions—Altair strong in the US, Siemens dominant in Europe and Asia. Managing board member Cedrik Neike noted Siemens' capacity to continue making strategic acquisitions, heralding a new phase of expansion in the software arena. ADVERTISEMENT Altair, founded in 1985 and headquartered in Troy, Michigan, specialises in computer‑aided engineering software such as HyperWorks, as well as in cloud‑based simulation, IoT, AI and HPC services. Its client base spans industries from automotive and aerospace to consumer electronics, underscoring its global relevance. The company has been delivering an average revenue growth of roughly 12 percent per year—a pace Siemens is keen to elevate. By integrating Altair's capabilities into the Xcelerator platform, Siemens intends to offer an end-to-end, AI-driven portfolio that unifies simulation, data analysis, and HPC tools. The synergy is expected to extend Siemens' leadership in virtual product development, enabling engineers to create digital twins, test design iterations virtually and optimise product performance before physical prototyping. The acquisition deepens Siemens' exploration into AI-enhanced design. With manufacturing industries under pressure to produce sustainable, efficient and safe products, the ability to simulate and analyse complex systems virtually becomes increasingly critical. Combining embedded hardware and software from Siemens with Altair's software tools could significantly reduce time‑to‑market and R&D costs. Integration planning is underway. Altair's CTO, Sam Mahalingam, and Siemens executive Jean‑Claude Ercolanelli are spearheading the combined simulation and test‑solutions portfolio, which will roll under Siemens Digital Industries Software. Users at Siemens' Realize Live Americas 2025 conference have been briefed on the roadmap for merging software suites, enabling interoperability and expanding cloud‑native simulation options. Market reaction to the announcement has been largely favourable. Analysts point out that this represents Siemens' third‑largest acquisition, second only to its Varian Medical Systems deal, and the biggest yet in its software division. Investors are eyeing enhanced earnings per share within two years post‑closing—a benchmark similar to the Varian acquisition. Competition in the simulation software space remains intense, with rival consolidations such as Synopsys' US $35 billion takeover of Ansys earlier this year. Siemens' strategic bet on Altair appears timely, as industrial users increasingly demand seamless digital‑real world integration and advanced simulation capabilities, underpinned by AI and HPC. Altair's established presence in North America, combined with Siemens' engineering and manufacturing legacy worldwide, paves the way for extensive cross‑selling opportunities. High‑impact use‑cases in electric vehicle development, aerospace, and electrification of train systems could showcase the full power of the unified platform. The scale of the transaction means full technical, organisational and cultural integration may unfold gradually. However, Siemens has signalled its commitment by placing Altair's CTO within its senior digital industries hierarchy to ensure sustained innovation and continuity. With simulation, AI and digital twins becoming indispensable in modern engineering, Siemens' completion of the Altair acquisition marks a strategic inflection point. The expanded toolkit will serve as a catalyst for manufacturers aiming to embrace advanced engineering methodologies, reflecting Siemens' broader vision of becoming the leading 'One Tech Company' in the digital age.
Yahoo
11-06-2025
- Business
- Yahoo
Siemens and NVIDIA Expand Partnership to Accelerate AI Capabilities in Manufacturing
Siemens and NVIDIA Companies Celebrate Collaboration Driving Industrial AI for Global Manufacturers Expanded Partnership to Enable AI-Powered Factories of the Future, Connecting NVIDIA AI and Accelerated Computing With the Siemens Xcelerator Platform and Products New Industrial AI Infrastructure on NVIDIA Accelerated Computing Transforms the Factory Floor PARIS, June 11, 2025 (GLOBE NEWSWIRE) -- NVIDIA GTC Paris at VivaTech—Siemens and NVIDIA announced today an expansion of their partnership to accelerate the next era of industrial AI and digitalization and enable the factory of the future. 'Modern manufacturers face mounting pressure to boost efficiency, enhance quality and adapt swiftly to changing market demands,' said Jensen Huang, founder and CEO of NVIDIA. 'Our partnership with Siemens is bringing NVIDIA AI and accelerated computing to the world's leading enterprises and opening new opportunities for the next wave of industrial AI.' 'AI is fundamentally transforming manufacturing and infrastructure. Over the last three years, we've worked closely to merge AI models and high-performance computing, with industrial data and domain know-how,' said Roland Busch, president and CEO of Siemens AG. 'Together, Siemens and NVIDIA are now empowering companies across every industry to unlock the scaled impact of AI in the physical world.' The combination of Siemens and NVIDIA technologies will empower industrial companies to leverage comprehensive, AI-powered technologies for next-generation factory automation — spanning every stage from product design to execution. This enables companies to make more confident decisions using real-time, data-driven insights, enhance operational efficiencies and improve collaboration. Partnering to Accelerate Digital Transformation of IndustryIn 2022, the companies announced a partnership to bring the industrial metaverse to life by connecting technologies from the Siemens Xcelerator portfolio to the NVIDIA Omniverse™ platform. The combination of Siemens' software and industrial automation leadership with NVIDIA's cutting-edge AI and accelerated computing empowers organizations across sectors to optimize performance, boost productivity and meet sustainability goals through digitalization. The partnership has since expanded to include collaboration in generative AI, industrial AI and robotics. Siemens integrates NVIDIA technology throughout the Siemens Xcelerator platform. Announced earlier this year, Teamcenter Digital Reality Viewer represents a significant leap forward in product lifecycle management-based visualization, bringing real-time ray-tracing capabilities directly into Teamcenter to enable companies to seamlessly visualize and interact with photorealistic, physics-based digital twins of their products, allowing for faster, more informed decisions. HD Hyundai, one of the world's largest shipbuilders, is using this capability to visualize next-generation hydrogen- and ammonia-powered vessels — managing millions of parts in real time while cutting design iteration time from days to hours with generative AI. By coupling NVIDIA Blackwell GPUs with Siemens' computational fluid dynamics software, Simcenter Star-CCM+ customers can simulate and test products virtually with significantly enhanced speed. For example, using Simcenter Star-CCM+ software accelerated by NVIDIA Blackwell and NVIDIA CUDA-X™ libraries, BMW Group and Siemens achieved a 30x speedup for transient aerodynamics simulations of entire vehicle geometries — accelerating the simulation of vehicle aerodynamics while reducing energy consumption and costs. Siemens and NVIDIA are also redefining how factories operate. A new line of Siemens Industrial PCs, certified for NVIDIA GPUs, drive powerful AI-supported industrial computing, withstanding heat, dust and vibration, and allowing for 24/7 operation. They enable complex industrial automation tasks — from AI-based robotics to quality inspection and predictive maintenance — delivering a 25x acceleration in AI execution. Advanced AI agents will work seamlessly across the Siemens Industrial Copilot portfolio, executing entire AI-powered processes without human intervention. Siemens' Industrial Copilot for Operations brings generative AI to shopfloor operators and will be optimized to run on premises with NVIDIA RTX PRO™ 6000 Blackwell Server Edition GPUs. The Operations Copilot leverages NVIDIA NeMo™ microservices and the NVIDIA AI Blueprint for video search and summarization to deliver real-time, AI-powered assistance for shopfloor operations, saving 30% of reactive maintenance time. To provide manufacturers with 360-degree visibility into industrial systems and strengthen cybersecurity operations, Siemens is also collaborating with NVIDIA to pioneer a new class of operational technology cybersecurity by integrating NVIDIA BlueField® DPUs, leveraging accelerated computing in pursuit of AI-driven cybersecurity. The expanded partnership between Siemens and NVIDIA is poised to drive the next wave of innovation in industrial manufacturing. With Siemens spearheading the transformation of industries and NVIDIA accelerated computing, the companies are enabling the deployment of AI solutions on the shopfloor with unprecedented speed and efficiency. About Siemens AGSiemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company's purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2024, which ended on September 30, 2024, the Siemens Group generated revenue of €75.9 billion and net income of €9.0 billion. As of September 30, 2024, the company employed around 312,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at About NVIDIANVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing. For further information, contact:Quentin NoliboisCorporate CommunicationsNVIDIA Corporation+1-415-741-8356qnolibois@ Simon KrauseSiemens AG+49 173 Noah ColeSiemens AG+1 503 Certain statements in this press release including, but not limited to, statements as to: NVIDIA's partnership with Siemens bringing NVIDIA AI and accelerated computing to the world's leading enterprises and opening new opportunities for the next wave of industrial A; the benefits, impact, performance, and availability of NVIDIA's products, services, and technologies; expectations with respect to NVIDIA's third party arrangements, including with its collaborators and partners; expectations with respect to technology developments; and other statements that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the 'safe harbor' created by those sections based on management's beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA's reliance on third parties to manufacture, assemble, package and test NVIDIA's products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA's existing product and technologies; market acceptance of NVIDIA's products or NVIDIA's partners' products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA's products or technologies when integrated into systems; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company's website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances. Many of the products and features described herein remain in various stages and will be offered on a when-and-if-available basis. The statements above are not intended to be, and should not be interpreted as a commitment, promise, or legal obligation, and the development, release, and timing of any features or functionalities described for our products is subject to change and remains at the sole discretion of NVIDIA. NVIDIA will have no liability for failure to deliver or delay in the delivery of any of the products, features or functions set forth herein. © 2025 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, BlueField, CUDA-X, NVIDIA NeMo, NVIDIA RTX PRO and NVIDIA Omniverse are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice. A photo accompanying this announcement is available at
Free Malaysia Today
15-05-2025
- Business
- Free Malaysia Today
Siemens sticks to forecast despite uncertainty
Siemens' sales rose by 6% to €19.8 billion. (EPA Images pic) FRANKFURT : German industrial giant Siemens reported an unexpected jump in quarterly profits today and stuck to its outlook for the year, but warned of 'increased uncertainty' in the global economy. Net profit came in at €2.4 billion (US$2.7 billion) between January and March, up 11% from a year earlier. Analysts had forecast a slight decline. The better than expected results were driven by strong performances in the mobility division, which makes products including trains, and the infrastructure unit, due to strong demand for data centres. Sales at the group rose 6% to €19.8 billion. However, the troubled digital industries division, which makes software and factory automation systems, reported a 5% slide in sales. The digital division will bear the brunt of some 6,000 job cuts – around 2% of the group's global workforce, which Siemens announced in March. In its second quarter, Siemens also completed its acquisition of Altair, a US software firm using artificial intelligence (AI). It is also in the process of buying Dotmatics, a US manufacturer of scientific software. 'Both acquisitions 'will bring new AI offerings to our customers and open up new opportunities in growth markets such as life sciences,' Siemens CEO Roland Busch said. The group confirmed its outlook for 2025, forecasting sales growth of between 3% and 7% driven by its infrastructure and mobility divisions. It also warned of 'increased uncertainty in the economic environment'. US President Donald Trump's hardline trade policies have upended the long-standing system of global commerce, sparking turmoil on markets and fears of a global downturn.
Bloomberg
15-05-2025
- Business
- Bloomberg
Bloomberg Daybreak: Europe 05/15/2025
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's Guests: Euronext CEO Stephane Boujnah & Siemens CEO Roland Busch (Source: Bloomberg)
Business Recorder
15-05-2025
- Business
- Business Recorder
Siemens confirms growth outlook after Q2 figures beat forecasts
ZURICH: Siemens still expects to increase its full-year sales by between 3 and 7% 'despite increased uncertainty', the German engineering group said on Thursday, as it reported better-than-expected profit during its second quarter. The company, whose products include factory software, controllers and trains, said its industrial profit rose 29% to 3.24 billion euros ($3.63 billion) in the three months to the end of March. The figure, helped by a 315-million-euro gain from the sale of its wiring business to ABB, beat analysts' consensus forecast of 2.75 billion euros. Sales rose 7% to 19.76 billion euros, ahead of forecasts for 19.22 billion euros, while orders increased 10%. As a result, Siemens confirmed its outlook for its full-year sales to increase by 3-7% despite seeing 'increased uncertainty in the economic environment'. 'Our customers continue to rely on our technology, and our global footprint demonstrates our resilience,' said Chief Executive Roland Busch in a statement. In March, Chief Financial Officer Ralf Thomas noted hesitancy among customers due to uncertainties about tariffs, with many delaying investment decisions. But Siemens, whose results give an indication of the broader industrial economy, said it was seeing an improving situation in most of its businesses. Although Digital Industries, the company's flagship automation unit, struggled, with a 5% drop in revenue, Siemens said it saw signs of destocking by customers coming to an end. The weakness was compensated by Smart Infrastructure, which combines hardware and software to manage electricity, heating, cooling, lighting, and data in buildings. It increased sales by 12% while profit jumped 61% helped by the sale of its wire accessories business. The division is benefiting from sustained demand for electrification, power distribution and the construction of data centres for artificial intelligence. Mobility also saw revenue and profit rise, buoyed by global investments in rail and transport infrastructure such as electric trains in the United States.
