MARIA: WELCOME BACK, THE FUTURE
OF DIGITAL LANDSCAPE INNOVATION
DAY JUST HOW DIGITIZATION IS NOT
ONLY CHANGING THE WORLD BUT
MAKING THINGS BETTER AND EASIER
BETTER THAN EVER.
LISA DAVIS, LISA, GOOD TO SEE
YOU, THANKS FOR JOINING US THIS
MORNING.
>> YEAH, THANK YOU VERY MUCH,
IT'S A PLEASURE TO BE HERE.
MARIA: TELL US ABOUT INNOVATION
DAY AND WHERE YOU SEE THE MOST
INNOVATION IN TERMS OF INDUSTRY
TODAY?
>> YEAH, WELL, IT'S A PLEASURE
TO BE HERE, INNOVATION DAY FOR
SEMENS IS OUR OPPORTUNITY TO
SHOW OUR APPROACH TO BRINGING
SOLUTIONS FROM CONCEPT TO
REALITY.
TODAY WHAT WE DO WITH CUSTOMERS
IS WE DEMONSTRATE REAL-WORLD
APPLICATIONS AROUND DIGITAL
SOLUTIONS AND HOW THE SOLUTIONS
HELP CREATE VALUE IN THEIR
BUSINESS, WHETHER IT'S IN
REDUCING COSTS, INCREASING
RELIABILITY, IMPROVING PRODUCT
IT, ET CETERA, WE HOLD THIS IN
THE U.S., THE U.S. IS THE
LARGEST MARKET IN SEMENS AND
IT'S IMPORTANT TO MAYBE
EMPHASIZE THAT THE U.S. HAS
PLAYED A VERY KEY ROLE IN DIGIT
AL ROLE IN SEMENS.
THIS HAS ALLOWED US TO BECOME
TOP 10 COMPANIES IN THE WORLD
AND THIS IS VALUE WE BRING NOW
TO CUSTOMERS.
WE SEE INNOVATION REALLY PLAYING
HEAVILY IN INDUSTRY AND IN
INFRASTRUCTURE NOW IN TERMS OF
BEING ABLE TO CREATE THE ABILITY
FOR OUR CUSTOMERS AS I SAID
EARLIER TO REDUCE COST, TO
IMPROVE RELIABILITY AND
PRODUCTIVITY AND BEING ABLE TO
REALLY CREATE VALUE OUT OF THE
MAGNITUDE OF DATA THAT THEY HAVE
IN THEIR OPERATIONS.
MARIA: YEAH, YOU ARE SHOWING A
NUMBER OF INDUSTRIES, YOU'RE
TRYING TO DISRUPT HEALTH CARE
WITH YOUR INNOVATION.
>> YEAH.
WHAT DO YOU THINK RIGHT NOW IT'S
IMPORTANT FOR CONSUMERS,
EVERYDAY PEOPLE.
>> FOR CONSUMERS, EVERYDAY
PEOPLE, WHAT WE ARE TRYING TO DO
IS BRING SOME OF THE
ADVANCEMENTS THAT HAVE NOW
ENTERED THE CONSUMER SPACE INTO
INDUSTRY AND INFRASTRUCTURE,
SOME OF THOSE ADVANCEMENTS ARE
THE ABILITY TO BETTER OPTIMIZE,
FOR EXAMPLE, IF YOU LOOK AT THE
ELECTRICAL GRIDS AND CHANGES, WE
CAN BRING ABILITY TO OPTIMIZE IN
THAT SPACE TO CREATE VALUE AND
REDUCE THE COST OF POWER,
ELECTRICITY FOR CONSUMERS.
>> HOW DO YOU THINK THIS WOULD
HELP HEALTH CARE AT HOME HAVING
SENSORS INTEGRATE TODAY YOUR
HOUSE, WEARABLE DEVICE, I KNOW
IT'S DIRECTLY IN THIS BUT I
IMAGINE A LOT TECHNOLOGY THAT
YOU'RE DEVELOPING CAN BE USEFUL
FOR THAT?
>> YEAH, IT IS, A LOT OF
INNOVATION IS BEING ABLE TO TAKE
INFORMATION WHETHER IT'D BE
HEALTH CARE, MOBILITY, FOR
EXAMPLE, TRAINS, ALSO IN THE
INDUSTRY AREA, YOU KNOW, SOME OF
THE FACILITIES THAT WE HAVE
EQUIPMENT IN, MACHINE-TOOL
BUILDING, ET CETERA, BEING ABLE
TO LEDGE THE DATA TO ALLOW OUR
CUSTOMERS TO IMPROVE THEIR
OPERATIONS TO BE ABLE TO SAVE
MONEY SO THAT THEY CAN THEN
REINVEST THAT MONEY INTO THE
BUSINESS TO HOPEFULLY ALLOW THEM
TO GROW AND CREATE MORE JOBS,
IT'S TRULY DIRECT IMPACT ON THE
PEOPLE THAT WE DO BUSINESS WITH.
MARIA: LISA, WE TALK ABOUT THE
MACRO STORY ABOUT ALL OF THE
TIME, WHAT DO YOU SEE IN TERMS
OF BUSINESS?
>> YEAH, YOU KNOW, IF I LOOK AT
OUR BUSINESSES FROM A SIEMENS'
PERSPECTIVE, WE PARTICIPATE IN
MANY SECTORS IN THE U.S., THE
U.S. BEING LARGEST MARKET, WE
SEE VERY STRONG DEMAND IN OUR
HEALTH CARE BUSINESS, WE SEE
VERY STRONG DEMAND IN INDUSTRY,
OBVIOUSLY WE CONTINUE TO IMPROVE
OUR DIGITAL CAPABILITIES IN THE
U.S. SO THAT WE CAN HELP OUR
CUSTOMERS SATISFY THAT DEMAND BY
ALLOWING THEM TO CONVERT THE
DATA THAT THEY HAVE IN THEIR
BUSINESS INTO REAL VALUE, SO A
LOT OF DEMAND IN ADVANCED
MANUFACTURING, A LOT OF ADVANCE
IN HEALTH CARE, LEVERAGE THE
DATA FROM EQUIPMENT THAT HEALTH
CARE PROVIDERS ARE USING TO
DIAGNOSIS PATIENTS, WE SEE A LOT
OF DEMAND ALSO IN THE ENERGY
BUSINESS, OBVIOUSLY THE ENERGY
BUSINESS GLOBALLY AND HERE IN
THE U.S. IT'S A BUSINESS THAT'S
GOING THROUGH TREMENDOUS AMOUNT
OF CHANGE AND I WOULD STRENGTHEN
THE BUSINESS AND ALLOW TO CREATE
DATA.
MARIA HARP REAL QUICK, KRISTIN
TATE.
>> YOU'RE MENTIONING HEALTH CARE
AND ENERGY, HOW DO THE
EFFICIENCIES IN THESE
INDUSTRIES, HOW WOULD THEY
AFFECT THE PROFIT OF THESE
INDUSTRIES GOING FORWARD?
>> WELL, I MEAN, THE EFFICIENCY,
IF YOU LOOK AT WHAT CREATES
VALUE IN A COMPANY, IT'S ABOUT
THE ABILITY TO BE MORE EFFICIENT
WITH HOW MONEY IS INVESTED SO IT
WOULD BE ABLE TO REDUCE COST,
IT'S ABOUT BRINGING NEW
INNOVATION TO THE MARKETPLACE
FROM SIEMENS' PERSPECTIVE.
WE ARE SPENDING OVER A BILLION A
YEAR BY INCREASE IN RESEARCH AND