Menu

M2M FEATURE NEWS

Siemens Infrastructure and Cities Sector Receives Frost & Sullivan 2012 Global Award for Company of the Year

By Nathesh December 05, 2012

Siemens Infrastructure and Cities sector reportedly won the 2012 Frost & Sullivan Global Award for Company of the Year in the “City as a Customer” market in recognition of Siemen’s ability to identify global mega trends and their respective implications.

Frost & Sullivan asserted that its own visionary innovation group keep track of the most important global Mega Trends, a set of global, sustained and macroeconomic forces of development that impact business, economy, society, cultures and personal lives, thereby defining future world and its increasing pace of change.

In the future, cities around the around the globe won’t be just a place for economic activities or growth. Cities will behave as full-fledged customers demanding highly customized, unique and innovative city concepts and infrastructure solutions and the mega trends that transform these cities will force companies to reorganize their structure and strategy and shift their focus to serve each city as a customer.

And Frost & Sullivan acknowledged that Siemens is one of the first companies to understand and grasp the awaiting opportunities that cities may offer as customers. Siemens Infrastructure & Cities (IC) sector reportedly offers innovative and customized city concepts for mayors and urban planners that range from integrated mobility solutions and city research to consultative selling cooperation with cities.

Archana Amarnath, program manager for the Visionary Innovation Research Group commented, “Siemens has cleverly combined its existing capabilities and competencies. This strategy has now opened doors to a $2.62 trillion market of annual global city infrastructure spending – out of which Siemens has an addressable market of $392.5 billion per year. With its new IC division, Siemens offers one of the most competent and comprehensive portfolios for urban infrastructure solutions.”

Amarnath added, “By bundling its competencies related to city business and creating a targeted approach, the company now has a distinct competitive advantage over its rivals in the urban space. It has leveraged on a combination of its success factors – a global network of city account managers, the ability to replicate successful city solutions and the capability of delivering both unbundled and packaged city solutions by integrating one or all of the competencies of its different business areas.”

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO Miami 2013, Jan 29- Feb. 1 in Miami, Florida.  Stay in touch with everything happening at ITEXPO. Follow us on Twitter.




Edited by Rich Steeves

IoTevolutionworld Contributor

SHARE THIS ARTICLE
Related Articles

Trimble Taps Semtech LoRa Technology IoT Water Monitoring

By: Ken Briodagh    12/8/2016

Semtech Corporation, a supplier of analog and mixed-signal semiconductors, has announced that its LoRa Wireless RF Technology is being used in Trimble…

Read More

Altair Completes Interoperability Testing For Lightweight M2M

By: Ken Briodagh    12/7/2016

Altair Semiconductor (altair-semi.com), a leading provider of LTE chipsets, recently announced that its ALT1160 LTE CAT-1 Chipset has successfully com…

Read More

New Wireless Solar Tag Improves Precision Agriculture and Smart Irrigation

By: Ken Briodagh    12/6/2016

Sol Chip, a provider of Internet of Things (IoT) systems and energy harvesting solutions, has recently announced its new Sol Chip Comm autonomous, wir…

Read More

Vodafone and Arrow Electronics Link Up for IoT

By: Ken Briodagh    12/6/2016

Vodafone has announced that Arrow Electronics will become the first electronics components distributor to integrate Vodafone's Internet of Things (IoT…

Read More

The Great Disruption: A Book Review

By: Chrissie Cluney    12/5/2016

Are you ready for the 3D printing manufacturing revolution?

Read More