Siemens Named Company of the Year by Frost & Sullivan
ATLANTA, May 22, 2006 - Siemens announced today that it was named Frost & Sullivan's 2006 Company of the Year for automation solutions for the automotive industry.
Frost & Sullivan presented the Award in recognition of Siemens' consistent focus in providing innovative solutions that add value to its automotive customers. "The wide scope of Siemens' portfolio encompasses solutions for all processes within the automotive industry that address specific customer issues," says Frost & Sullivan Research Analyst Sanjeev R Sridharan. "With its latest thrust on RFID, Siemens has truly established itself as the market leader in the automations space for the automotive industry." Siemens' exquisite ability to provide a common programming interface and a common networking architecture also sets it apart from the competition.
Additionally, Frost & Sullivan commended Siemens for addressing the challenge of developing worldwide industry standards for the automotive industry by providing customers with a single hardware platform for diverse manufacturing applications. Siemens' Totally Integrated Automation (TIA) enables customers to drive productivity by seamlessly integrating data across all levels within their organization.
"It's a great honor to be recognized by Frost & Sullivan for our automation solutions for the automotive industry," said Raj Batra, vice president, automotive, Siemens Energy & Automation. "This Award is a tribute to our dedication in providing customers with highest levels of technology and service."
The Frost & Sullivan Award for Company of the Year is presented annually to the company that has demonstrated all around excellence in its operations in a particular Frost & Sullivan Industry Research Group. The candidates are thoroughly researched based on predetermined criteria through interviews with all the market participants, customers and suppliers as well as an analysis of extensive secondary and technology research.
The Award was presented to Siemens AG on April 26, 2006, at Frost & Sullivan's 2006 Excellence in Industrial Technologies Awards Banquet in Orlando, Fla.
About Siemens
Siemens Energy & Automation, Inc. is one of Siemens' operating companies in the U.S. Headquartered in the Atlanta suburb of Alpharetta, Ga., Siemens Energy & Automation manufactures and markets one of the world's broadest ranges of electrical and electronic products, systems and services to industrial and construction market customers. Its technologies range from circuit protection and energy management systems to process control, industrial software and totally integrated automation solutions. The company also has expertise in systems integration, technical services and turnkey industrial systems. For more information: www.sea.siemens.com.
Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $96 billion in fiscal 2005. Founded nearly 160 years ago, the company is a leader in the areas of Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $18.8 billion and employs 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens' worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 460,000 people in 190 countries. For more information on Siemens in the United States: www.usa.siemens.com.
CONTACT:
Michael Krampe
(770) 751-4959
michael.krampe@siemens.com
