Siemens to Go Electronic

Share this article:
MUNICH, Germany -- Siemens, a global machinery conglomerate with activities in 190 countries and a worldwide work force of 440,000, plans to become the world's largest electronic building site.


Speaking at the recent opening of the first Center of E-Excellence at Munich airport, CEO Heinrich von Pierer said that "we will transform ourselves into an e-driven company in record time."


The company plans to open other centers of e-excellence in Atlanta and Singapore later this year and to spend 1 billion euros ($850 million) on the project, which will give all 440,000 employees Internet access.


The e-centers are designed to bundle all corporate activities into an electronic network and to go far beyond the usual e-procurement and online sales to include e-learning, e-recruitment and e-logistics.


"All our processes and procedures will change," Pierer said, "quickly and without compromise. Through e-business Siemens will become a new enterprise: the new economy with substance."


Pierer said about 70 percent of all Siemens activities are already linked electronically, and the new investment will bundle individual solutions into a fully integrated system.


E-procurement has priority, he said, noting that only 10 percent of the company's annual purchase budget of 35 billion euros ($29.7 billion) is spent on the Web. He plans to boost that to more than 50 percent.

This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions