Siemens Energy Ag · XETR:ENR
Siemens Energy — Investor Day (May 2022)
14 slides from Siemens Energy's investor day presentation, May 24, 2022
Slide 1: Capital Market Day 2022: Innovation
Capital Market Day 2022 Innovation Vinod Philip Head of Strategy and Innovation Siemens Energy is a trademark licensed by Siemens AG.
Slide 2: Disclaimer
Disclaimer INFORMATION AND FORWARD-LOOKING STATEMENTS This document contains statements related to our future business and financial performance, and future events or developments involving Siemens Energy that may constitute forward-looking statements. These statements may be identified by words suc
Slide 3: Our focus
Our focus Innovation in Service and new Fields of Action (FoA) Active Portfolio Management with clear R&D KPIs to Providing Siemens quickly and rigorously stop activities that are not progressing Energy with the innovations to succeed in a Investments linked to business cases with tangible payback d
Slide 4: Key facts and figures
Key facts and figures R&D net spending Employees in R&D Patents ~€1.2bn 1 2 3 4,900 24,200 Business impact Key R&D partners External Recognition 4 • +9 in IP Ranking6 (#21) >>8% 10 of the top 25 world- ranked universities5 • Frost & Sullivan Asia-Pacific Adj. EBITA margin 22 Start-ups (external / in
Slide 5: Holistic set of KPIs in place to track progress
Holistic set of KPIs in place to track progress R&D KPIs for Gas & Power FY21 Actuals FY23 Aspiration R&D Intensity (as % of revenue)1 4.5% <4.0% R&D related to Service1 ~ 40% ~ 50% R&D related to Fields of Action <5% >25% R&D co-development with partners2 15% >20% On-Time-Delivery of Sales Release3
Slide 6: Innovation efforts focused on both mid- & long-term technologies
Innovation efforts focused on both mid- & long-term technologies CCUS Established Fields of Action Early-stage (piloting & scaling) Technologies Development (relevant today in the market) (prototyping & proof-of-concept) Gas Power Plants Decarbonized Power- Resilient Condition- Energy Heat & Industr
Slide 7: Focused set of technologies identified within each Field of Action
Focused set of technologies identified within each Field of Action Decarb. Power-to-X Resilient Grids Condition- Energy Heat & Industrial and Reliability based Service Storage Processes Interventions • High temperature • Offshore hydrogen • ARESS1 • Digital twins for • Li-ion batteries heat pumps •
Slide 8: Portfolio approach addresses short-/mid-/long-term technology development
Portfolio approach addresses short-/mid-/long-term technology development Characteristics Short-term Mid-term Long-term • Next 1 - 2 years • In 3 - 5 years • In more than 5 years • Technology exists • Technology pilots • Technology still under • Market / business models • Market or business models d
Slide 9: Innovation priority: Rapidly scale the five Fields of Action to generate new revenue streams
Innovation priority: Rapidly scale the five Fields of Action to generate new revenue streams Addressable Market1 Revenue Potential2,3 R&D3 In €bn 81 CAGR 19% CAGR 56% CAGR 51% 40 14 2020 2025 2030 2020 2025 2030 2020 2023 2025 Energy Storage Decarb Heat & Industrial Processes Power to X Cond-based S
Slide 10: Four Global Innovation Centers established to drive partnerships & co-creation
Four Global Innovation Centers established to drive partnerships & co-creation Berlin Abu Dhabi Orlando Shenzhen Co-Creation Innovation Ecosystem Customer co-creation for businesses development Build ecosystem with start-ups, industrial partners, and new technology introduction universities. Trend s
Slide 11: Partnership framework established, implemented via Innovation Centers
Partnership framework established, implemented via Innovation Centers Selected Examples Accelerated innovation Nvidia, AWS, Marvel Fusion Technology, industrial, university & governmental partners Localization & market access Strengthen regional access and localized parts Cybersecurity Malaysia, DEW
Slide 12: New offerings addressing decarbonization with good short-term customer pay-back
New offerings addressing decarbonization with good short-term customer pay-back High temperature Gas turbine heat pump upgrades Selected examples Customer • Heat supply at large scale (up to 70MWth, • Higher efficiencies benefit up to 150°C) • Combustion of green fuels • Zero emissions when using gr
Slide 13: Future offerings enable our customers to successfully decarbonize their operations
Future offerings enable our customers to successfully decarbonize their operations Electrolyzer Fuel cells for green hydrogen data centers Selected examples Silyzer 300 Customer • Green hydrogen • ~60% electrical efficiency benefit • Energy export • Replaces fossil backup power • Green hydrogen cost
Slide 14: Our focus
Our focus Innovation in Service and new Fields of Action (FoA) Active Portfolio Management with clear R&D KPIs to Providing Siemens quickly and rigorously stop activities that are not progressing Energy with the innovations to succeed in a Investments linked to business cases with tangible payback d