The mission of Siemen’s Company is
to focus on the areas of electrification, automation, and digitalization. Being
one of the world’s largest producers of energy efficient and resource saving
technologies, Siemens goal is to create systems of power generation and
transmission. All to help pioneer a way of sustainable living for the future.
Siemen’s
works in many different topic areas, however they can be broken down into four divisions.
Which include industry, energy, healthcare, and infrastructure and cities. Each
topic area is very competitive in its field. However, industry and energy are the
two most competitive. The NAICS Codes and Code Names for Siemens are 333999
(All Other Miscellaneous General Purpose Machinery Manufacturing) and 236220
(Commercial and Institutional Building Construction). However, here are the
rest of the codes 236220, 238210, 238290, 238990, 333414, 333415, 334220,
334290, 334512, 334613,335314, 335999, 423390, 423610, 423690, 541330, 541513,
541519, 561210, 561621. Siemens top three competitors include General Electric,
Alstom, and 3M. All of these companies specialize in the topic areas of Siemens.
However, they are mainly based in the United States.
Siemens
primary lines of business, as stated above, include electrification,
automation, and digitalization. Also, making these the long-term growth fields.
Their key product and services strive to have a minimum energy consumption, but
maximum performance capabilities. All of their products are sustainable without
compromising anything. To add, Siemens focuses on the design and engineering of
technology, to help build a company and make management functions easy and accessible
to use. Services such as power generation, transmission, and distribution of
electrical energy are also some things Siemens competes in.
The Siemens
company currently employs 377,000 employees, in more than 200 countries/regions
nationwide. Once on the MarketLine website, it is difficult to research the
Siemens company. Primarily because each industry is broken down into one SWOT Analysis
and overview. For example, the first SWOT Analysis that came up for Siemens was
under the category of building technologies. This overview discusses Siemens Building
Technologies, fire safety, building automation, and security. Also, including
the history of Siemens and the key information about the company.
Siemens was
founded in 1847 by Werner von Siemens and is originally headquartered in Europe,
specifically in Berlin and Munich. Hence, making this a global company. Siemens
is located all over the world, striving for sustainable and efficient advances
in technology. They operate in the production and manufacturing plants
worldwide. Plus, having office buildings, warehouses, research and development facilities
in almost every country/region.
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