Siemens Building Technologies

Siemens Building Technologies
Type Aktiengesellschaft
Industry Energy, Building Automation
Founded October 1, 1998
Headquarters Zug, Switzerland
Area served Worldwide
Key people Johannes Milde (CEO), Heribert Stumpf (CFO)
Products power generation technology, industrial and buildings automation, lighting, home appliances, fire alarms, and many more
Employees 42’221 (September 2010)
Website www.buildingtechnologies.siemens.com

Siemens Building Technologies, Inc. is part of Siemens AG, a global electronics and information technology company and is a green building endorser. The core mission of the Siemens Building Technologies is

More than 40’000 employees work for SBT and the Building Technologies Division headquarter which is located in Zug, Switzerland.[2]

Contents

History[3]

Siemens Building Technologies resulted from the 1998 acquisition of the industrial activities of Electrowatt Ltd. (Zurich, Switzerland), Cerberus Ltd. (Männdedorf, Switzerland), a company in fire safety founded in 1940, and of Staefa Control System Ltd. (Stäfa, Switzerland), a European player in building automation, founded in 1962. In 1996, Electrowatt acquired Landis & Gyr Ltd. (Zug, Switzerland), founded in 1896, and merged this company’s building automation activities with Staefa Control System under the new name of Landis & Staefa.

Key Figures[4]

Fiscal Year 2006 Building Comfort Fire Safety Electronic Security Total SBT
Sales (Euro bn) 2'100 1'500 800 4'400
Employees 13'000 9’900 4'600 28'500 incl. not allocated + HQ
Market position No. 2 No. 1 Top 5

Facts and Figures 2010[5]

Fiscal year 2009 (October 1 – September 30) Fiscal year 2010 (October 1 – September 30)
New orders Billion euros 6’910 7’132
Revenue Billion euros 7’007 6’903
Profit Million euros 340 456
Employees (on 9/30 incl. Trainees) 42’575 42’221

Corporate Division[6]

Siemens Building Technologies consisted until 2010 of five Business Units to cover the topics building security, life safety, building automation. Since 2011 Siemens Building Technologies consists of three Business units. Namely Control Products and Systems (CPS), Building Automation (BAU) and Fire Safety and Security (FSS). It is managed by Dr. Johannes Milde (CEO) and Heribert Stumpf (CFO) (Stand 2010).

Control Products & Systems (CPS)

Similar to the division Building Automation, this division provides control products, system regulators, controllers, and variable frequency drives.

Building Automation (BAU)

SBT “Building Automation” delivers building automation systems to reduce energy consumption. Building automation systems don’t control only the basics, they care about the comfort and safety through regulating airflow and monitoring the energy use.

Fire Safety & Security (FSS)

The main focus of this business sector are reliable security solutions to meet today's security challenges. They provide customers with command and control solutions, security management solutions and intelligent video analysis.

Low Voltage Distribution (independent Division since 2011)

“Low Voltage Distribution” covers the need for a product or solution for an airport, hospital, data center, food processing facility, shopping center, homesite, or basement remodel. Therefore they offer electrical distribution equipment, control or power monitoring products.

Critism

Scandal about the fusion with Landis and Gyr

In 2002 the Siemens Group sold seven daughter firms to the US financial investor Kohlberg Kravis Roberts. Most affected by this sale was the Swiss company Siemens Metering, located in Zug. 160 out of 360 employees lost their jobs. Siemens Metering was the result of the fusion between Siemens and Landis & Gyr in 1998.[7] The documentary “Verlorene Welt – Aus dem Innenleben des einstigen Konzerns Landis & Gyr” [8] by Claudia Schmid and Michael van Orsouw involves the subject and had its first performance at the Solothurn Film Festival 2006.

Pension funds scandal

Siemens sharpened 2006 the rules of conduct for its employees as a reaction of the financial scandal about disloyalty and assumed corruption.[9] Peter Rüegg and Siemens Manager Roland Rümmeli found themselves in the sight of the investigations. Rümmeli was accused to have redirected kickbacks to his private accounts. The laid off portfolio manager paid back the illegal drawn money (400’000.00 CHF) to Siemens,.[10][11]

External links

References

  1. ^ www.siemens.com [1] SBT Webpage History
  2. ^ www.siemens.com [2] SBT Webpage Division Headquarter
  3. ^ www.siemens.com [3] SBT Webpage History
  4. ^ www.siemens.com [4] Presentation, Heinrich Hiesinger (February 2006)
  5. ^ www.siemens.com [5] SBT webpage about us
  6. ^ www.siemens.com [6] SBT webpage
  7. ^ www.videoportal.sf.tv [7] Schweiz aktuell (July 26, 2002)
  8. ^ www.swissfilms.ch [8] Swissfilms Database
  9. ^ www.faz.net [9] Frankfurter Allgemeine (November 24, 2006)
  10. ^ www.stocknews.ch [10] Stocknews (September 8, 2006)
  11. ^ www.tagesanzeiger.ch [11] Tagesanzeiger (November 11, 2006)