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Siemens

ONE Tech Company, From November 2025

We create technology to transform the everyday, for everyone
Siemens’ purpose

Combining the real and the digital worlds

Siemens’ strategy is to combine the real and the digital worlds: the machines, buildings, grids, and trains it makes, and the software and AI that design and run them. Its ONE Tech Company program changes how the company works and sets four growth levers, and Siemens is giving up control of Siemens Healthineers.

RealDigital

Industrial Operations X brings software into automation, for up to 30% more efficient development.

Real world
#1 in automation#1 in grid protection and automation#1 in rail infrastructure
Digital world
#1 in industrial softwareMore than a trillion data points a day from Siemens technologyMore than 1,500 AI experts

ONE Tech changes how Siemens works

It sets up one fabric each for data, technology, and sales, shared by all the businesses, so they can focus, innovate faster, and serve customers better.

data fabrictechnology fabricsales fabricDigital IndustriesSmart InfrastructureMobility

ONE data fabric

  • ONE ERP system
  • ONE CRM system
  • ONE data layer powering AI

Revenue growth of 6% to 9% a year

Siemens raised its mid-term ambition to this range with ONE Tech, leaving out Siemens Healthineers. It has four levers to get there: digital, regions, verticals, and AI.,

Network 1

Grow digital

  1. Q1.0 SoftwareBuild a software portfolio for combining the real and digital worlds, enhanced by AI, and sell it as a service to customers of every size.
  2. Q1.1 AcquisitionsBuy fast-growing software companies, such as Altair and Dotmatics.
  3. Q1.2 Siemens XceleratorRun Siemens Xcelerator, an open digital business platform with offerings from Siemens and its partners.,

Digital Business revenue rose to €9.4 billion in fiscal 2025, from €5.3 billion in fiscal 2020.

Siemens aims to double digital business revenue by 2030.

A more focused portfolio

  • Digital Industries€17.8bn · 14.9% margin

  • Smart Infrastructure€23.0bn · 19.6% margin

  • Mobility€12.4bn · 8.8% margin

  • Siemens Healthineers€23.4bn · 15.1% margin

Revenue and profit margin in fiscal 2025.

Siemens Healthineers

Siemens plans to deconsolidate its stake of about 67%, transferring 30% of Siemens Healthineers’ shares to its own shareholders in a direct spin-off, and in the medium term to hold only a financial asset.,

Siemens says the change leaves it a more focused technology company, with a highly synergistic portfolio.

  1. Put the strategy in one line.

    Siemens sums up its strategy in seven words: combining the real and the digital worlds. Every business and acquisition can be tested against it. We recommend a strategy sentence short enough for anyone in the company to repeat.

  2. Change how the company works, not only what it sells.

    ONE Tech is as much about one data, technology, and sales fabric across the company as about new products. We recommend asking which shared systems your plan depends on, and putting them in the plan.

  3. Keep the businesses that make each other stronger.

    Siemens plans to give up control of Siemens Healthineers, a strong business in its own right, so the rest of the company is made of businesses that reinforce each other. We recommend judging each business by what it adds to the others, as well as by its own results.

Sources

  1. 1. Siemens AG (2025). Siemens enters next stage of growth with its ONE Tech Company program. Press release, 13 November 2025. press.siemens.com
  2. 2. Busch, R. (2025). The next stage of growth – New fabric, new markets, new products. Siemens ONE Tech – Strategy & Results, 13 November 2025. assets.new.siemens.com
  3. 3. Siemens AG (2025). Siemens plans to deconsolidate Siemens Healthineers. Press release, 12 November 2025. press.siemens.com
  4. 4. Siemens AG (2026). Company presentation. Siemens AG, August 2026. assets.new.siemens.com

Headwater is not connected with Siemens AG. Siemens, Siemens Xcelerator, Siemens Healthineers, Altair, and Dotmatics are trade marks of their owners. Updated 28 September 2026.

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