Siemens - 175 years of success

On October 12, 1847, Siemens started operations as a small factory workshop with ten employees manufacturing pointer telegraphs, in a courtyard tucked away behind a building on Schoeneberger Strasse in Berlin. Now, 175 years later, Siemens has more than 300,000 employees around the world and, with around €62 billion in annual revenue, is one of the world’s largest technology powerhouses. On October 1, 1847, 11 days before operations began, Werner von Siemens and precision mechanic Johann Georg Halske had completed the company’s official founding.

"Siemens laid the foundation for the industrial age 175 years ago”, said Federal Chancellor Olaf Scholz. “With its innovations today, Siemens is also helping to drive the digital and ecological double transformation. I would like to offer my sincere congratulations on 175 years in which Siemens has electrified, moved, connected and reinvented the world again and again. In short, 175 years of success made by Siemens, made in Germany!"

“Siemens keeps reinventing itself – to anticipate new technologies and trends in order to remain relevant for our customers in the decades ahead,” said Roland Busch, President and CEO of Siemens. “We want to continue to play a leading role in helping customers and communities to tackle their biggest challenges now, and in the future. On our 175th birthday, Siemens is fit for the future and extremely well positioned in terms of strategy, business and technology and leading the way when it comes to digitalization and sustainability.”

Over the past 175 years, Siemens has made industrial and technological history, transforming the everyday lives of people around the world. Werner von Siemens achieved one of the most important innovations in 1847 when he constructed the pointer telegraph, the future global company’s first product. His invention made it possible to use electricity to transmit messages much quicker and more reliably over long distances. Such advances marked the beginning of global connectivity. Even more groundbreaking was Werner von Siemens’ invention of the dynamo machine in 1866. This typewriter-sized box was the first device able to convert mechanical energy into electric power economically, and this capability paved the way for the age of electricity. Siemens, however, has done more than just set technological milestones. The company was also ahead of its time in respect of to social issues. For example, the company introduced a pension fund for its employees back in 1872. In Germany, it was not until around 20 years later that comparable governmental benefits were enshrined into law.

Today, Siemens focuses on the fields of industry, infrastructure, transportation and healthcare – and is a leading technology company in digitalization. Since 2008, Siemens has invested €10 billion in software companies. In fiscal year 2021, Siemens spent around €5 billion on research and development, and Siemens researchers registered around 4,500 inventions. That’s around 20 inventions per working day. To shape the digital transformation, Siemens brings hardware and software together, combining the real and digital worlds in operational technology and information technology. These capabilities enable customers and partners to increase their productivity and competitiveness and accelerate innovation.