Siemens expects continued growth in RP business

By EMMIE V. ABADILLA
August 28, 2009, 3:42pm

Technical systems and solutions provider Siemens Inc. maintains a positive outlook despite being affected by the global recession and expects continued growth in 2010, President and CEO, Philippines Adrian K. Wood told a press briefing the other day.

As of end-September last year, Siemens local operations hauled in P3.8 billion revenues and employed 1,077 people. Globally, the company posted sales of 90 billion Euros and employed 450,000 workers. “Asia and the Philippines is very important to us.”

At present, the firm’s healthcare solutions rank as its flagship earner in the country, he noted.

“We are number one in the X-ray business. In the future, we expect the power sector to be the key driver for our growth. Our energy business is stable and we are committed to support our successful Business Process Outsourcing industry.”

Specialized in providing solutions for production, transportation, building services, lighting technologies and water management in 190 countries, Siemens had been operating in the local industrial sector since 1910.

“With the country’s rapidly growing population, the need for unhampered production of consumer goods, reliable water supplies and efficient public transport is stronger than ever,” according to Wood.

“Systems and solutions for the industry sector is one of our key competencies and we are determined to become a partner as the Philippines moves forward in this field,” he elaborated.

Siemens patented factory automation solutions provided competitive advantages to local manufacturers such as Monde M.Y. San Corporation, San Miguel Corporation, Asia Brewery Inc., and Unilab. It has also developed and installed industry-specific solutions that have streamlined the processes of giant cement manufacturers like Holcim and Lafarge.

“We aim to provide the gold standard in industrial automation and processes that will eventually trickle down to the lives of people. More efficient production processes mean higher production volume which translates to cheaper goods,’’ Wood emphasized.

Now, Siemens is currently venturing into advanced water technologies. Its water treatment systems have been providing potable water to industrial and residential communities that used to face water sanitation and distribution challenges.