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Siemens - Statistics & Facts

Siemens is a Germany-based conglomerate company which specializes in engineering, electronics, and medical electrical devices. It was originally founded in 1847 as an electrical engineering company that produced electrical telegraphs, and eventually broadened its scope to include telegraph lines eventually constructing the world’s first electric streetcar line. Throughout the 20th and early 21st centuries, Siemens acquired and combined with various other companies to increase its capabilities, expanding its specializations into the various sectors in which it operates today, including industry, energy, healthcare, and infrastructure and cities.

The power and gas segment is Siemens AG's most profitable business unit. The infrastructure and cities sector has taken off with projects aimed at goals such as improving public transportation and congestion in London, among other cities, implementing smart grid technologies in existing and developing systems, and making existing buildings more efficient and integrated. Siemens lands on the lists of leading companies for most of the markets in which it operates, even topping the list of leading automation vendors worldwide. Siemens employed around 293,000 people worldwide in 2020, and Siemens AG's revenue for that year was around 57 billion euros.

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Current state of the company

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