MT Magazine January/February 2024

JANUARY/FEBRUARY 2024

13

Achieving Operational Advantage

Through Digital Manufacturing Siemens is one of the world’s biggest manufacturing companies – and a company that uses the digital tools it develops to achieve operational excellence.

BY GARY S. VASILASH CONTRIBUTING EDITOR

It has 320,000 employees, generated $85.87 billion in revenue in fiscal year 2023, makes products ranging from computerized tomography devices to smart infrastructure systems – and was established in 1847 in Berlin, based on the invention of the pointer telegraph (a device that improved the transmission of messages when there weren’t ones and zeros but dots and dashes) by Werner von Siemens.