SIEMENS AG in Smart Grid Software

The company has adopted various inorganic growth strategies to expand and strengthen its market presence. For instance, in May 2017, the company signed a Memorandum of Understanding (MoU) with Uganda and Sudan. As per the MoU, the company develops solutions in the areas of power supply, transportation, industry, and healthcare. Furthermore, in December 2016, the company developed its SGTA45 TR gas turbine. This new aero-derivative gas turbine is integrated into a mobile unit to deliver an electrical output of up to 44 megawatts. The light-weight gas turbine offers outstanding power density, high fuel efficiency, and good operational flexibility, making it an ideal choice for customers who urgently need power and for regions with less developed infrastructure. The product development complemented Siemens’ existing smart grid product portfolio. Siemens has a rich ecosystem of global channel partners to promote and offer interoperable solutions. The company’s partner ecosystem includes AMI technology partners, resellers and integration partners, application partners, and managed services partners. Siemens has a global presence in about 190 countries across Europe, MEA, the Americas, and APJ and has a total of 351,000 employees, worldwide.