Siemens is rigorously executing its announced €2 billion investment strategy. Of this amount, the company plans to invest around €1 billion in Germany, thereby boosting the country’s innovative strength.
In the presence of German Chancellor - Olaf Scholz, the technology company announced the establishment of its new Technology Campus in Erlangen, Germany, with investments of around €500 million in the expansion of development and manufacturing capacities.
As a result, Siemens is establishing the Erlangen location as a research and development hub and the nucleus of global technology activities for the industrial metaverse. These steps will enable Siemens to accelerate its overall growth, drive innovation and increase its resilience.
Latest generation of high-tech manufacturing
The investments announced are part of the investment strategy of around €2 billion unveiled last month and focused mainly on new manufacturing capacities, innovation labs, education centers and further Siemens locations. These investments underscore Siemens’ commitment to the Nuremberg metropolitan region.
Siemens creating a blueprint for the industrial metaverse, a virtual representation of the real world
With around 3,500 employees, the current location is already home to a world-class factory for key products in industrial automation and digitalization. Production in Erlangen is already highly automated, with humans and robots working side by side. Through this investment, Siemens is now creating a blueprint for the industrial metaverse, a virtual representation of the real world – photorealistic, physics-based and in real-time.
The targeted use of relevant, physical data and the application of artificial intelligence are creating the latest generation of high-tech manufacturing, which produces more sustainability and can respond flexibly to market changes.
Germany - key hub for innovation and production
Development and high-tech manufacturing
Siemens’ strategy
Environmentally sustainable location
Strengthening Germany as an industrial location
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