Variants of products and services as per different applications
+6
Total R&D spend & its % for this particular product & services
+5
Expandability of product and service across different applications
+14
Breadth and Depth of Product Offerings
+6
Focus on Product Innovation
+5
Product Features and Functionality
+7
Target audience and positioning of product & services
+7
Product Branding
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SIEMENS AG Presence in
Smart Office Solutions
Siemens AG follows both organic and inorganic growth strategies to advance in the smart office market. It has been a key player in the automation sector for several years. The company invests considerably in R&D of new concepts and technologies in the smart office market and focuses on improving its existing product portfolio. The company’s strategy is to deliver integrated architectures, solutions, and outcomes to help customers grow, manage costs, and mitigate risks. Moreover, its strategy is also to make customers more dependent on technology, especially on smart technology, to meet business objectives and ensure market competitiveness.The company undertakes organic growth strategies by undertaking strategic collaboration in the market. Some of the recent collaboration made by the company is in sync with its focus on the smart office market. The company also focuses on EMEA and American markets by entering into partnerships and agreements with related companies. The company has been focusing on innovative technologies and new product developments along with a strong supply chain management.
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