For those of you involved in the burgeoning product and
systems design areas involving the use of LEDs, Siemens announced some big news
at Hannover Fair. The company says that it plans to publicly list Osram GmbH in
the fall of 2011. The company is currently a subsidiary of Siemens.
Siemens will retain a minority stake in Osram.
"With the IPO, we want to give Osram complete
entrepreneurial freedom to comprehensively further develop its leading competitive
position in a lighting market being swept by technological changes," said Siemens
President and CEO Peter Loescher.
Siemens also clearly wants to participate in future growth
in the market for new lighting technologies.
Twenty percent of Osram's total revenues are currently derived
from its LED products. Overall,
energy-efficient products account for 70 percent of Osram revenue. Green lighting in general and LED in
particular are expected to skyrocket in use as prices come down for these
can read more about LEDs increased use by designers here).
Driven by semiconductor-based technologies like LEDs and
organic LEDs, the total lighting market is expected to grow to around 65
billion Euros by 2016 -- an increase of 20 billion Euros from today.
With regard to personnel changes around the IPO, Wolfgang
Dehen, currently member of Siemens' managing board and CEO of the Energy
Sector, has been appointed to head the Osram Executive Board for the IPO. Following the transformation of Osram GmbH
into a publicly listed company, he will serve as its president and CEO.
Martin Goetzeler has resigned his position as CEO of the executive
board of Osram GmbH and has been appointed COO of Osram. He will continue to
perform this function as a member of the Osram managing board after the
establishment of Osram AG.
On Memorial Day, Americans remember the sacrifices the US armed forces have made, and continue to make, in service to the country. All of us should also consider the developments in technological capabilities and equipment over the years that contribute to the success of our military operations.
In order to keep in line with safety protocols, industrial networks need to be filtered in a semantic way so that only information related to diagnostics is flowing back to the vendor and that any communications that could be used for remote machine operations are suppressed.
Advanced visualization can depict an entire plant in motion, while also detailing an individual workstation. Individual products can be rendered different for each discipline involved — marketing, engineering, or suppliers.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.