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Siemens thinks big with small-batch production
July 31, 2018 12:56 PM EDTBy John Revill
KARLSRUHE, Germany (Reuters) - German engineering group Siemens is redoubling its efforts in an area where it has traditionally lagged: managing the processing of materials into medicines, chemicals or foodstuffs.
Siemens excels at helping makers of cars, planes and trains make their production and assembly smarter by using its software to create distinct items and components - so-called discrete manufacturing.
But when it comes to process industries such as petrochemicals, Siemens has been at a disadvantage to rivals such as industrial machinery and controller makers Honeywell (NYSE:... More
