‘Siemens Xcelerator’ Launched in India to Boost Digital Transformation and Value Creation

Siemens has recently announced the launch of the ‘Siemens Xcelerator’ in India during the Annual Flagship event of the brand, ‘Siemens India Innovation Day 2022.’ It is an open and evolving digital business ecosystem with a comprehensive, curated portfolio that includes digital and Internet of Things (IoT)-enabled offerings (hardware, software, and digital services) from Siemens and some certified third parties​.

Aimed at boosting digital transformation and value creation for customers, it will cater to customers of all sizes in the industry, buildings, grids, and mobility. The portfolio of software, IoT-enabled hardware, and digital services follows the best design principles of flexibility, interoperability, openness, and as-a-service. The program also includes an evolving marketplace to facilitate interactions and transactions between partners, customers, and developers.

Talking about the new program, Peter Koerte, Chief Technology Officer, and Strategy Officer at Siemens AG, said, “India will play a key role in the global roll-out of Siemens Xcelerator. With over 6,000 software engineers at our development centers in the country, India will be at the forefront and a key hub to further accelerate the digital transformation efforts of our customers worldwide. This is both an ambition and a reality. With the launch of Siemens Xcelerator, I am confident that as partners, Siemens can scale up the innovation and digital transformation journey for customers in India.”

Regarding the issue of monetization, Koerte maintained it was too early to speak about it. He said, “Our intent is to increase the number of transactions.” The total global R&D budget of the company is €5.9 billion, and half will go into digital.

The Managing Director and Chief Executive Officer of Siemens Limited, Sunil Mathur, said, “With Siemens Xcelerator, we have taken everything that a customer needs on to one platform, allowing them to accelerate their digital transformation easier, faster, and at scale. SMEs in India will be the greatest beneficiaries of this platform as it can help them to scale up, upgrade and adopt new designs and components much faster to stay competitive. Siemens Xcelerator will help to create a powerful ecosystem of partners who can jointly accelerate digital transformation tailored to specific business goals. Our aim is to help companies to increase their performance, flexibility, and sustainability.”

At the same annual event, the brand also showcased a spectacular range of innovative solutions, the latest technologies, and successful references to help organizations in India to accelerate their digital transformation.

About Siemens

Siemens is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, smarter buildings, and grids to cleaner and more comfortable transportation and advanced healthcare, it creates technology with purpose, adding real value for customers. By combining the real and the digital worlds, it empowers its customers to transform their industries and markets, helping them to transform every day for billions of people.

In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of €62.3 billion and a net income of €6.7 billion. As of September 30, 2021, the company had about 303,000 employees worldwide. Read more here.







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