Welcome to our dedicated page for Siemens Aktiengesellschaft news (Ticker: SIEGY), a resource for investors and traders seeking the latest updates and insights on Siemens Aktiengesellschaft stock.
Siemens AG (SIEGY) is a leading technology company focused on industry, infrastructure, transport, and healthcare. From resource-efficient factories to advanced healthcare solutions, Siemens creates purpose-driven technology that adds real value for customers. By merging the physical and digital worlds, Siemens empowers industries and markets, positively impacting billions of lives.
In fiscal 2023, Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. With around 320,000 employees worldwide, Siemens continues to innovate and drive digital transformation across various sectors.
Siemens Digital Industries Software is a core part of the company, aiding organizations in their digital transformation journey with software, hardware, and services from the Siemens Xcelerator business platform. The software and digital twin enable companies to optimize design, engineering, and manufacturing processes, creating sustainable products for the future.
Siemens Digital Industries Software has unveiled Catapult AI NN, a solution for synthesizing AI neural networks into hardware implementations on ASICs and SoCs. This software addresses inefficiencies in converting AI models into silicon-based designs, enhancing power, performance, and area (PPA) metrics. Developed in collaboration with Fermilab, Catapult AI NN integrates hls4ml with Siemens' Catapult HLS software. It allows AI models designed in popular frameworks like TensorFlow to be easily transformed into C++ and then into Verilog or VHDL for silicon implementation. Available for early adopters now and generally in Q4 2024, this solution promises significant efficiency and innovation in AI development.
Sony and Siemens are collaborating to introduce the NX Immersive Designer, a new spatial content creation system that integrates Siemens' Xcelerator software with Sony's XR head-mounted display (HMD), SRH-S1. The system is set to launch by the end of 2024. Sony improved its design productivity by 25% after implementing Siemens' NX software. The SRH-S1 features 4K OLED microdisplays and intuitive controllers, enabling immersive engineering and real-time global collaboration. The announcement was made at Realize LIVE in Las Vegas by Seiya Amatatsu from Sony's XR Technology Development Division.
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