M2M FEATURE

December 05, 2012

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


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


Back to m2m Evolution Home



COMMENTS

blog comments powered by Disqus


RELATED M2M ARTICLES




 
M2M Evolution Conference
The robust M2M conference program will focus on topics that inform and educate our audience of the latest and greatest technologies, current and future regulatory policies, new verticals, new applications and all of the hottest topics in Machine-to-Machine Industry. The M2M Evolution Conference is trending to become the leading educational and networking event in the M2M Industry and we’d like you to be a part of it.

Topics Include:
  • M2M and Smart Energy
  • M2M and Healthcare
  • M2M in the Enterprise
  • M2M and the Service Provider

Weekly Digest of M2M News and Product Developments - Delivered to Your Inbox

Stay charged with the most interesting and most important news covering M2M
Click here to select other communications and technology topics | No Thanks