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Siemens sets future course with Vision 2020+
• More entrepreneurial freedom at individual businesses for accelerated growth: Revenue and margin targets raised
• New growth field: "Internet of Things (IoT) Integration Services"
• New company structure: Three "Operating Companies" – "Gas and Power", "Smart Infrastructure" and "Digital Industries" – and the "Strategic Companies" Siemens Healthineers, Siemens Gamesa and the planned company Siemens Alstom
• Targeted expansion of digitalization business: Acquisition of mendix
Siemens is setting the course for long-term value creation through accelerated growth and stronger profitability with a simplified and leaner company structure. The main aim of the Vision 2020+ company strategy is to give Siemens' individual businesses significantly more entrepreneurial freedom under the strong Siemens brand in order to sharpen their focus on their respective markets.Original Article