• New offering will provide software as a service, cloud-hosted environments, and managed services that deliver significant benefits for the increasingly digital-driven power industry

MINNETONKA, Minn. — (BUSINESS WIRE) — November 1, 2016 — Siemens has introduced a new Digital Grid Services platform for the U.S. market that will allow utilities to better access an increasingly digital operational environment through the use of cloud and managed service offerings. The offering will consist of software as a service grid management applications offered via a subscription service, managed services including engineering and operations expertise, and cloud-hosted environments via Siemens secure data centers. The solution provides Siemens’ customers with more flexibility for their smart grid deployments relieves them from the burden of investing in and operating complex software, hardware and networking infrastructure

“We recognize that every customer’s business priorities and digitalization journey are different, so our aim in introducing our new Digital Grid Services platform is to provide our customers with as much flexibility and agility to make their grid systems more intelligent, reliable, and efficient,” said Mike Carlson, president of Siemens Digital Grid. “By combining software as a service and cloud-hosted environments with our expertise in engineering and operations, we will help our utility and industrial customers continue to thrive in today’s ever-changing energy landscape while keeping an eye on the bottom line.”

The Digital Grid Services offering will enhance much of Siemens existing grid portfolio, including microgrid software, outage management systems, smart meter system and data management, including grid and asset analytics, among many others.

Siemens Digital Grid partners with leading utilities and industrial energy consumers worldwide to provide expertise and innovative technologies. In North America, Digital Grid has worked with more than 1,000 energy customers to deliver proven solutions and services that improve operational efficiencies, enhance reliability and resiliency, and empower consumers to better manage their energy use.

This press release is available at http://news.usa.siemens.biz/

To learn more about Siemens Digital Grid technologies, please see http://usa.siemens.com/digitalgrid.

Siemens Corporation is a U.S. subsidiary of Siemens AG, a global powerhouse focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of systems for power generation and transmission as well as medical diagnosis. With approximately 348,000 employees in more than 190 countries, Siemens reported worldwide revenue of $86.2 billion in fiscal 2015. Siemens in the USA reported revenue of $22.4 billion, including $5.5 billion in exports, and employs approximately 50,000 people throughout all 50 states and Puerto Rico.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161101006013/en/

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