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

Gemalto Launches IoT Solution to Monitor Smart Objects in Real Time

By: Ken Briodagh    2/11/2016

Gemalto, has announced the launch of its LinqUs IoT Quality of Service (QoS) offer, which the company said is a comprehensive solution to enable mobil…

Read More

SuperCom to Deliver IoT to South America for Asset Tracking

By: Ken Briodagh    2/5/2016

A key provision under several final Food Safety Modernization Act (FSMA) Rules is the idea that better tracking for food products will uncover the sou…

Read More

MultiTech and WaterBit Use IoT to Manage Agricultural Data

By: Ken Briodagh    2/5/2016

MultiTech Systems, a manufacturer of M2M and IoT devices, has announced a field trial with WaterBit, an agricultural services provider based in Sunnyv…

Read More

Greenwave Systems Gets a Financial Boost

By: Chrissie Cluney    2/2/2016

Greenwave Systems has raised a total of $60 million in its Series C financing round in two phases.

Read More

HotChange: Advancing the Medical Field Forward

By: Chrissie Cluney    2/1/2016

PNMsoft and Amedar Consulting Group have introduced and began to integrate a Business Process Management solution called HotChange.

Read More