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Study: Oil & Gas

Natural Gas Could Gradually Replace Crude Oil

With crude oil reserves depleting and declining margins, the oil and gas industry eyes for alternatives. Natural gas, long–term poor cousin of the crude oil business, could bring a change, but is held back by the necessary infrastructure efforts it requires. Now the discovery of new gas fields in vicinity to the booming markets of Asia–Pacific fires the imaginations of oil and gas experts...

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Siemens Division CEO Jürgen Brandes: "Industries that are facing a change need speed and innovation. Here our holistic concept can be applied. It's not just about engineering. It's not just about uniform data storage. It's about deriving optimization from this data to raise the company to the next level of productivity." (PROCESS)
New Challenges for Process Industries

Siemens strives for synthesis between hardware and software companies

The race for the competitive advantages through Internet of Things, Industry 4.0 and digitalization has begun. Siemens Division Head Dr. Jürgen Brandes gives insights on how Siemens will optimally support the challenges in the process industries with more speed, innovation, shortening of the Time to Market, flexibility and efficiency. This can happen only through more industry expertise, open interfaces and Coopetition. No doubt: The Siemens world is becoming more open.

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